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Increasing focus on sustainability and corporate social responsibility (CSR) will encourage manufacturers to adopt clean technologies. Expanding research and development activities in developing advanced ESP technology including improvements in electrode design and power supply systems to enhance the performance and efficiency of these systems will foster the product adoption. Furthermore, introduction of strict regulations from various regulatory bodies including the U.S. Environmental Protection Agency (EPA) and the European Commission, aiming to limit emissions, will mandate the use of high-efficiency pollution control systems thereby complementing the product growth.
The tubular design segment is set to grow at a CAGR of over 8% through 2032, owing to its higher efficiency in capturing fine particles from high-temperature processes and compact design.
The dry segment is anticipated to exceed USD 1.5 billion by 2032, due to its high efficiency in capturing fine dust particles and lower energy consumption compared to alternative systems.
The global market for cement electrostatic precipitator was reached USD 1.05 billion in 2023 and is estimated to grow at a 5.9% CAGR from 2024 to 2032, driven by strict environmental regulations.
The Asia Pacific market for cement electrostatic precipitator is predicted to hit USD 846 million by 2032, propelled by rising government regulations on air pollution and substantial investments in infrastructure development.
Key players in the industry include ANDRITZ GROUP, AGICO Cement, Babcock & Wilcox, Elex, Fuji Electric, GEA Group, Kraft Powercon, KC Cottrell India, McGill AirClean, PPC AIR, Sumitomo Heavy Industries, Siemens Energy, and Valmet.