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Dry Electrostatic Precipitator Market Analysis

  • Report ID: GMI10183
  • Published Date: Jul 2024
  • Report Format: PDF

Dry Electrostatic Precipitator Market Analysis

Based on design, the plate segment is anticipated to cross over USD 10.6 billion by 2032, on account of their high collection efficiency in capturing fine particulate matter from industrial exhaust gases. Growing adaptability makes ESPs suitable for a wide range of applications, from small-scale industrial operations to large power plant, thereby fostering the design adoption. Rising demand for cost-effective solutions for particulate emission control coupled with easy maintenance devices which can be easily accessed, cleaned, and replaced if necessary, minimizing downtime and ensuring continuous operation are impacting the business landscape.
 

Dry Electrostatic Precipitator Market Share, By Emitting Industry, 2023

Based on emitting industry, the marine industry is set to grow at a CAGR of over 8.4% through 2032. Stringent regulations implemented by International Maritime Organization (IMO) to reduce sulfur oxides (SOx), nitrogen oxides (NOx), and particulate matter (PM) emissions from ships are compelling the ship operators to adopt advanced emission control technologies, thereby boosting the product adoption. Rising pressure on maritime sector to improve its environmental footprint are encouraging operators to focus on sustainability and invest in cleaner technologies to reduce air pollution thereby fostering the industry growth.
 

Asia Pacific Dry Electrostatic Precipitator Market Size, 2022-2032 (USD Billion)

Asia Pacific dry electrostatic Precipitator market is projected to hit USD 5.9 billion by 2032. Rapid industrialization, particularly in countries such as China, India, and Southeast Asian nations has increased emissions from power plants, cement factories, steel mills, and other heavy industries creating demand for ESP system. Furthermore, rising government initiatives and incentives to promote cleaner production technologies further drive product adoption. Growing subsidies for environmental upgrades and strict enforcement of emission norms providing favorable regulatory environment for ESP manufacturers.
 

In the U.S. rising stringent air quality standards enforced by agencies such as the Environmental Protection Agency (EPA), necessitating effective emission control technologies in industries such as power generation, pulp and paper, chemical processing, and food processing thereby bolstering product adoption. Increasing companies investment in advanced pollution control technologies to overcome compliance requirement and reduce their environmental footprint, accelerating business scenario.

Authors: Ankit Gupta, Pooja Shukla

Frequently Asked Questions (FAQ) :

The market size of dry electrostatic precipitator was reached USD 7.1 billion in 2023 and is anticipated to register 6.3% CAGR between 2024 and 2032, driven by industrial growth and urbanization along with stringent environment regulations.

The plate segment in the dry electrostatic precipitator market is expected to grow at USD 10.6 billion by 2032, on account of their high collection efficiency in capturing fine particulate matter from industrial exhaust gases.

Asia Pacific dry electrostatic precipitator market is expected to reach USD 5.9 billion by 2032, owing to the rapid industrialization and rising government initiatives and incentives.

ANDRITZ GROUP, Babcock and Wilcox Enterprises, Inc., Duconenv, D

Dry Electrostatic Precipitator Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 14
  • Tables & Figures: 25
  • Countries covered: 23
  • Pages: 90
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