latestnew2024

[latestnew2024]

The global absorption tower market was valued at US$ 1.7 Billion in 2023 and is poised for steady growth through the forecast period. Expanding at a CAGR of 4.8% from 2024 to 2034, the market is expected to reach US$ 2.8 Billion by 2034. Growth is driven by increasing demand for gas treatment solutions across industries such as chemical, oil & gas, and power generation. Stringent environmental regulations are also boosting the adoption of advanced absorption technologies.

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