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Chemicals and Petrochemicals Electrostatic Precipitator Market Size

  • Report ID: GMI11048
  • Published Date: Aug 2024
  • Report Format: PDF

Chemicals and Petrochemicals Electrostatic Precipitator Market Size

Chemicals and Petrochemicals Electrostatic Precipitator Market size was valued at USD 1.86 billion in 2023 and is anticipated to grow at a CAGR of 6.6% between 2024 and 2032. It refers to a pollution control device used in chemical and petrochemical industries to remove fine particulate matter, such as dust, smoke, or mist, from exhaust gases. It plays a crucial role in ensuring compliance with environmental regulations, improving air quality, and enhancing process efficiency by recovering valuable materials in these industries.

 

Rising fine particulate matter, volatile organic compounds (VOCs), and other hazardous air pollutants emissions from chemical industry, responsible for contributing to environmental degradation and health risks are set to influence product adoption. Growing regulations to control these emissions by efficiently capturing particulates and ensuring compliance with regulations such as the Clean Air Act (U.S.), European Industrial Emissions Directive, and other country-specific rules are strengthening product demand.
 

Growing adoption of solutions offering the ability to recover valuable by-products during the emission control process by capturing dust and particulate matter, thus enabling effective recycling of materials into the production process, leading to propelling industry statistics. Growing focus on achieving net zero carbon emissions by 2050 is encouraging industries to adopt technologies that minimize their environmental footprint thereby impacting business landscape.

Authors: Ankit Gupta, Pooja Shukla

Frequently Asked Questions (FAQ) :

The market size of Chemicals and petrochemicals electrostatic precipitator reached USD 1.86 billion in 2023 and is expected to register 6.6% CAGR from 2024-2032, due to its importance in ensuring compliance with environmental regulations, improving air quality, and enhancing process efficiency worldwide.

The plate segment is expected to reach over USD 2812 million by 2032, owing to their superior dust collection capabilities compared to other designs and large surface area for efficient capture of fine particulates.

Asia Pacific market is expected to reach USD 1.59 billion by 2032, attributed to rising implementation of strict emission control measures to tackle the region's growing pollution levels.

Enviropol Engineers, ELEX AG, FLSmidth, GEA Group AG, HIMENVIRO, Isgec Heavy Engineering Ltd., KC Cottrell India, PPC Austria Holding GmbH, Thermax Group, Valmet Oyj, and Wood Plc, are some of the major chemicals and petrochemicals electrostatic precipitator companies worldwide.

Chemicals and Petrochemicals Electrostatic Precipitator Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 13
  • Tables & Figures: 25
  • Countries covered: 25
  • Pages: 40
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