The global electrostatic precipitator market is predicted to witness market expansion at a CAGR of 4% during the assessment period. Market Research Future has surveyed the entirety of the market for its market report on the subject. Another vital application of ESP is as a filtration device in industries like chemical, power, and paper among others.
Electrostatic precipitator uses electrostatic charges to separate particles from a dirty gas stream. Moreover, it is designed to trap and remove the dust particles from the exhaust gas stream in the industries such as chemical, paper, and power, among others. The main types of electrostatic precipitators include plate-wire precipitator, flat plate precipitator, tubular precipitator, wet precipitator, and two-stage precipitator.
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Pollution control has become a priority in many urban areas of the world and growing environmental consciousness has resulted in the implementation of increasingly stringent regulations. This is expected to impact the global electrostatic precipitator market in a positive manner to a large degree. Certain countries in the world have achieved incredibly high pollution rates due to industrialization, urbanization and the growth of the automotive industry among other reasons. Such countries are actively implementing stringent laws that support and encourage the adoption of ESPs.
Moreover, the growth of the cement industry as well and the growth of coal-fired power plants is expected to present the market with ample room for growth as the use of ESP is likely to increase considerably. In October 2016, Manila Declaration on Health and Environment was signed in an effort to address the environmental impact of pollution and its further impact on health. With increasing focus on reducing water pollution, improving environmental enforcement, and increase environmental conservation is expected to drive the market as well as produce opportunities which aid the demand and growth of the global electrostatic precipitator market.
- Trion (US),
- Mitsubishi Hitachi Power Systems (Japan),
- Ducon Technologies (US),
- Siemens AG (Germany),
- General Electric (US),
- Thermax Global (India),
- Fujian Longking (China),
- Hamon Group (Belgium),
- Babcock & Wilcox (US),
- AMEC Foster Wheeler (UK)
Global Electrostatic Precipitator Market Segmentation:
MRFR has segmented the global electrostatic precipitator market on the basis of type, component, end-user, and region.
Type has been segmented primarily into dry ESP, and wet ESP. The dry ESP segment accounts for the most significant segment by type and the growth of this segment is largely due to the ability of dry ESP to handle high temperatures and high particulate volumes while consuming low power and remaining cost effectiveness.
Component has been segmented into hardware, and software & services.
End-users have been segmented to include metals, cement, power, chemicals, and others. The growth of these end-use industries is expected to have a significant impact on the adoption and growth of the global ESP market.
The MRFR report gives the analyzation of the electrostatic precipitator market with respect to the primary regions of North America, Asia Pacific (APAC), Europe, and Rest of the World (RoW).
APAC has the highest chances of gaining the top spot in the global electrostatic precipitator market during the forecast period. The spike in the economic status of the region, particularly of China, has given way to large investments in research and development as well as technological innovations.
The electrostatic precipitators market in Europe is the second-largest in the world, with Russia, Germany, the United Kingdom (U.K.), Italy, Spain as the leading countries. Strong demand for pollution control equipment across diverse prominent end-use applications in the region benefits the market to a great extent.
In North America, high adoption rate of the latest technologies and subsequent renovations in the power plants are few highly attractive opportunities that could induce further market growth in the future. Several electrostatic precipitator manufacturers in the region are striving to develop mobile apps as well as other technologically advanced mechanisms to help remote areas access pollution control units. This factor is exhibited to have a profound effect on the regional market during the review period.
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