Buy Now
$4,123 $4,850
15% off
$4,840 $6,050
20% off
$5,845 $8,350
30% off
Buy now
Premium Report Details
Base Year: 2024
Companies covered: 10
Tables & Figures: 20
Countries covered: 24
Pages: 127
Download Free PDF

Marine Electrostatic Precipitator Market
Get a free sample of this reportGet a free sample of this report Marine Electrostatic Precipitator Market
Is your requirement urgent? Please give us your business email for a speedy delivery!
Marine Electrostatic Precipitator Market Size
The global marine electrostatic precipitator market was valued at USD 190.1 million in 2024 and is estimated to grow at a CAGR of 8.1% from 2025 to 2034. Growing global attention on climate change and the environmental impact of the shipping industry will foster product demand to reduce black carbon emissions, especially in sensitive regions such as the Arctic. Increasing shipping companies' focus on sustainability and reducing their environmental footprint will create lucrative opportunities for ESP adoption.
Stringent global emission controls for maritime vessels are expected to promote product adoption. In April 2023, the International Maritime Organization (IMO) concluded its updated greenhouse gas strategy, with a 70% emissions intensity reduction target by 2040 relative to 2008 levels. This ambitious goal will push shipping operators to adopt sophisticated emission control technologies, thus driving electrostatic precipitator market growth in the marine industry.
Growing demand for green shipping solutions will drive product deployment. More focus on green shipping initiatives, coupled with increasing decarbonization efforts by the shipping industry, will support product penetration. Additionally, continuous efforts in developing modern technologies aimed at curbing marine engine emissions will drive electrostatic precipitator adoption in maritime applications.
Continuous innovations in emission control technologies are expected to support product adoption. Valmet and VTT Technical Research Centre of Finland conducted a trial in February 2022, where they used a combination of a wet scrubber and a wet electrostatic precipitator, and attained a 99% reduction of particulate matter and black carbon emissions from marine diesel engines. The innovation follows tightening IMO regulations, enabling sustainable shipping, hence supporting the product growth.
Increased emphasis on improving vessel operational efficiency while reducing environmental footprint will drive product adoption. Rising investments in future-generation emission control technologies, coupled with rising retrofitting activities in the global maritime industry, will support industry growth. Furthermore, rising awareness regarding the impact of particulate emissions on marine ecosystems will positively influence the ESP adoption in marine sector.
The trump tariffs will raise the cost of imported components and materials, increasing the production cost of marine electrostatic precipitators. This will result in higher prices for emission control systems, potentially slowing down investments from shipping companies. As a result, the affordability of high-tech solutions will decrease, decelerating short-term market growth. However, despite these challenges, the long-term demand for compliance products remains strong, driven by increasing regulatory requirements.
Marine Electrostatic Precipitator Market Trends
Marine Electrostatic Precipitator Market Analysis
Marine Electrostatic Precipitator Market Share
Marine Electrostatic Precipitator Market Companies
Eminent players operating in the marine electrostatic precipitator industry are:
ANDRITZ GROUP reported revenues of approximately USD 8.1 billion in the fiscal year 2024, with an adjusted EBITDA of about USD 800 million, reflecting strong operational performance. The company continues to invest heavily in advancing its air pollution control technologies, including electrostatic precipitators, aiming to support industries in achieving cleaner emissions and promoting greater environmental responsibility across their production facilities.
Valmet recorded revenues of around USD 4.5 billion in the fiscal year 2024, with an adjusted EBITDA of USD 600 million, indicating superb operating effectiveness. The firm continues to enhance research and development in its environmental technologies such as electrostatic precipitators, to facilitate industries to adhere to stringent emission standards and increase the overall sustainability of production processes.
Marine Electrostatic Precipitator Industry News:
This marine electrostatic precipitator market research report includes an in-depth coverage of the industry with estimates & forecast in terms of revenue in “(USD Million)” from 2021 to 2034, for the following segments:
Click here to Buy Section of this Report
Market, By Design
Market, By System
The above information has been provided for the following regions and countries: