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Electrostatic Precipitator Market Share

Report ID: GMI798
Published Date: Jun 2024
Report Format: PDF

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Electrostatic Precipitator Market Share

Eminent players are prioritizing research and development to innovate and improve ESP technologies by investing in developing advanced ESP systems that offer higher efficiency, lower energy consumption, reduced maintenance requirements, and enhanced reliability. Increasing emphasis on sustainability is encouraging manufacturers to integrate environmental stewardship into their business strategies. This includes developing eco-friendly ESP designs, promoting energy-efficient solutions, and adhering to international environmental standards.

Electrostatic Precipitator Market Companies

Eminent players operating in the electrostatic precipitator industry are:

Babcock and Wilcox Enterprises, Inc.
DUCON
DÜRR Group
FLSmidth
Fuel Tech Inc.
GEA Group Aktiengesellschaft
GEECO Enercon Pvt Limited
KC Cottrell India
Mitsubishi Heavy Industries, Ltd.
Monroe Environmental Corp.
Sumitomo Heavy Industries Ltd.
TAPC
Trion
Valmet
Wood Plc

Authors: Ankit Gupta, Srishti Agarwal

Frequently Asked Questions (FAQ) :

The market size of electrostatic precipitator was worth over USD 8.6 billion in 2023 and is projected to expand at 6.4% CAGR from 2024 to 2032, led by increasing particulate emissions.

The electrostatic precipitator market share from the dry system segment is projected to surpass USD 12.4 billion by 2032, owing to the highly effective properties of dry electrostatic precipitators at capturing fine particulate matter, including PM2.5 and PM10 to meet stringent environmental regulation.

The tubular design segment in the electrostatic precipitator industry is projected to grow at over 6.3% CAGR between 2024 and 2032, on account of its high efficiency in particulate matter collection.

Asia Pacific electrostatic precipitator industry is estimated to exceed USD 7.1 billion by 2032, led by the growing industrial sector, including power generation, cement production, steel manufacturing, and petrochemicals across the region.