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Asia Pacific Wet Electrostatic Precipitator Market Size

  • Report ID: GMI11343
  • Published Date: Sep 2024
  • Report Format: PDF

Asia Pacific Wet Electrostatic Precipitator Market Size

Asia Pacific Wet Electrostatic Precipitator Market was valued at USD 543.1 million in 2023 and is anticipated to grow at a CAGR of 6.7% from 2024 to 2032. It is an air pollution control device designed to remove fine particulate matter, acid mists, aerosols, and other pollutants from industrial gas streams. WESPs use water or another liquid to wash the collected particles off the collection plates, preventing re-entrainment and improving the removal efficiency, particularly for fine particles such as PM2.5 and sticky substances. They are commonly used in industries such as power generation, chemical manufacturing, and metal processing among others to meet with strict environmental standards.

 

Rising enforcement of strict emission standards to combat air pollution by countries including China, India, and South Korea is set to boost the adoption of WESP technology for effective removal of fine particulate matter, acid mists, and aerosols. Rapid expansion of industries such as power generation, cement, steel, and petrochemicals in the region will enhance the demand for efficient pollution control technologies thereby augmenting the product demand.

 

Increasing public concern about air quality across the region due to the harmful effects of fine particulate matter on human health is propelling the product penetration to meet both regulatory and public health standards. Furthermore, rising shift towards clean and renewable energy sources, such as biomass and waste-to-energy (WtE) plants, will boost the technology adoption.

 

Authors: Ankit Gupta, Pooja Shukla

Frequently Asked Questions (FAQ) :

Asia Pacific market for wet electrostatic precipitator was worth over USD 543.1 million in 2023 and is anticipated to grow at a CAGR of 6.7% through 2032, due to rising enforcement of strict emission standards to combat air pollution.

The marine segment is set to record a CAGR of over 8.5% through 2032, owing to rising stringent marine emission regulations such as the International Maritime Organization’s (IMO) MARPOL Annex VI, to limit Emission Control Areas (ECAs).

China wet electrostatic precipitator market is anticipated to surpass USD 415 million by 2032, due to the rising strict air pollution control policies to reduce particulate matter, sulfur dioxide (SO2), and nitrogen oxides (NOx).

Babcock and Wilcox Enterprises, Inc., DÜRR Group, Duconenv, KC Cottrell India, Mitsubishi Heavy Industries, Ltd., PPC Industries, Sumitomo Heavy Industries Ltd., and Thermax among others.

Asia Pacific Wet Electrostatic Precipitator Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 11
  • Tables & Figures: 20
  • Countries covered: 6
  • Pages: 80
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