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Asia Pacific Wet Electrostatic Precipitator Market Trends

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

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Asia Pacific Wet Electrostatic Precipitator Market Trends

Rising investments in advanced technologies through strategic partnerships coupled with growing international standards and agreements related to emissions reduction are encouraging industries to upgrade to more efficient pollution control systems leading to augment product adoption. The cost-effectiveness of these systems, coupled with key factors including high efficiency and lower maintenance will drive their penetration across various industries.

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.