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Chemicals and Petrochemicals Electrostatic Precipitator Market Trends

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

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Chemicals and Petrochemicals Electrostatic Precipitator Market Trends

Rising evolution of ESP technology with improved efficiency, durability, and adaptability for use in complex industrial environments is complementing product adoption. Furthermore, growing integration of switched integrated rectifiers (SIR) and smart monitoring systems ensuring precise control of the product, leading to better collection efficiency and lower energy consumption, additionally drive business growth.

Expanding chemical and petrochemical plants across the globe are creating demand for flexible air pollution control solutions suitable for both large-scale operations and specialized applications, such as the removal of sub-micron particles, enabling companies to adapt to evolving production demands thereby augmenting industry 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.