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Growing adoption of practices, driven by corporate social responsibility (CSR) commitments and pressure from consumers demanding greener solutions will foster the industry growth. Companies are investing in advanced ESP technology to enhance their market positioning as environmentally responsible entities, catering to a growing segment of eco-conscious consumers. Additionally, expanding research activities to build innovative products such as modular designs, which allow for easier installation and scalability, and integration with real-time monitoring systems will complement the product adoption.
Some of the major key players in the Europe wet electrostatic precipitator market include ANDRITZ GROUP, AWS Corporation, Babcock and Wilcox Enterprises, DURR Group, Ecospray, KC Cottrell, Mitsubishi Heavy Industries, Sumitomo Heavy Industries, Thermax, and Valmet.
Germany wet electrostatic precipitator market is projected to exceed USD 91 million by 2032, as industrial sector is adopting green technologies to reduce carbon footprints, driven by a focus on sustainable manufacturing.
The plate segment is expected to surpass USD 300 million by 2032, owing to its superior performance in high-moisture environments.
The manufacturing segment is poised to grow at a CAGR of over 5.5% through 2032, driven by the need to address sticky emissions and particles that are moist or high temperature, commonly produced in manufacturing processes.
The European market for wet electrostatic precipitator is projected to exceed USD 369.5 by 2032, with an anticipated CAGR of 5.2% from 2024 to 2032, due to the development of eco-friendly coagulants for flue gas treatment.