According to the experience of air pollution control in developed countries, the market of flue gas dust removal, flue gas desulfurization, flue gas denitrification and VOCs treatment is in a sequential relationship. In the VOCs pollution control market, the related technologies and market demands for VOCs prevention and control will explode, and the market cycle of VOCs pollution control is significantly longer than that of related markets such as desulfurization, denitrification and dust removal. Generally speaking, the industry cycle will reach its peak in 30 years.

China's air pollution control market is going through a growth process similar to that of developed countries. In the medium and long term, the VOCs pollution control market will show a good growth trend.

Source: Compiled by Weber Consulting

At present, my country's VOCs treatment market is in the middle and early stages of growth. During this period, the demand for various sub-sectors of VOCs pollution control has grown rapidly, the market scale has gradually expanded, the number of competitors is large, but most of them have small business scales, and the market structure has not yet taken shape.

With the continuous improvement of the regulatory mechanism, the development of the industry has evolved from being equipped with basic pollution control facilities to having good governance results that can be monitored for a long time. During this process, industry barriers and single project governance investment have continued to increase, industry concentration has increased, and leading enterprises Gradually form a stable business model. Kewei will make its own efforts and share the dividends of the industry in the continuously improving system.