Marine Electrostatic Precipitator Market Size - By Design (Plate, Tubular), By System (Wet, Dry), Regional Outlook & Forecast, 2024 – 2032

Marine Electrostatic Precipitator Market Size

The global marine electrostatic precipitator market was valued at USD 170.8 million in 2023 and is estimated to grow at a CAGR of 8.5% from 2024 to 2032. It is an air pollution control device used on ships and other marine vessels to remove fine particulate matter, such as soot, ash, and heavy metals, from exhaust gases. It works by charging particles in the exhaust stream with an electrical field and then collecting them on oppositely charged plates or electrodes. This process significantly reduces harmful emissions, including black carbon, improving air quality and helping vessels comply with environmental regulations.
 

Increasing stringency of global environmental regulations including the IMO 2020 sulfur cap mandates that the sulfur content in marine fuel be reduced to 0.5%, significantly lower than the previous 3.5% limit will propel product adoption. In addition, rising regulations regarding particulate emissions, especially in Emission Control Areas (ECAs), where more stringent air quality standards are applied will augment the product penetration.
 

Growing global focus on climate change and the environmental impact of shipping will foster product demand to reduce black carbon emissions, especially in sensitive regions such as the Arctic will complement the business scenario. Shifting trend of the shipping companies on sustainability and reducing their environmental footprint will create lucrative opportunities for ESP adoption.
 

Marine Electrostatic Precipitator Market Trends

Growing demand for global shipping and the push for fleet modernization will contribute to the market growth. Increasing retrofitting of older vessels to meet new emission standards and rising new shipbuilding with cleaner technologies integration into ship exhaust systems to ensure long-term regulatory compliance will stimulate the industry landscape. Furthermore, rising concern about increasing air pollution from shipping coupled with growing pressure by governments and environmental groups on the maritime industry to reduce harmful emissions will bolster the product adoption.
 

Marine Electrostatic Precipitator Market Analysis

Based on system, the dry segment is set to reach over USD 300 million by 2032, owing to their lower operational and maintenance costs compared to alternative systems. Growing demand for systems with simpler designs and fewer components that require less frequent maintenance, reduced downtime and overall costs for ship operators will strengthen the product adoption. Increasing space constraints, especially in older vessels necessitates demand for compact and easy to integrate into existing ship infrastructure systems leading to industry growth.
 

Based on design, the plate segment is set to grow at a CAGR of over 8% through 2032, on account of their high efficiency in capturing fine particulate matter, particularly important in marine applications, where the exhaust gases from large engines and diesel generators contain significant amounts of particulate matter. Growing demand for equipment offering high durability and minimal maintenance due to the harsh operating conditions, including exposure to saltwater, humidity, and corrosive exhaust gases will complement the plate design adoption.
 

Additionally, their robust construction and ability to manage large volumes of exhaust without frequent cleaning or replacement will make them ideal for maritime use, reducing operational downtime and overall maintenance costs.
 

Asia Pacific marine electrostatic precipitator market is predicted to hit USD 170 million by 2032. Rising adoption of stricter environmental regulations to combat air pollution and reduce greenhouse gas emissions coupled are encouraging companies to invest in advanced emissions control technologies, leading to industry growth. Increasing maritime trade and investments of key players in developing advanced technology with improvements in efficiency and reductions in size and cost will promote product demand. Furthermore, rising government incentives and funding for adopting green technologies in the shipping industry will boost the industry outlook.
 

In the U.S. rising strict regulations governing air quality, particularly through the Environmental Protection Agency (EPA) and state-level agencies, necessitates the adoption of effective emissions control technologies. U.S. shipping companies increasing focus on adopting sustainable practices in their operations coupled with rising research on technology development specialized in emissions control systems will augment the product penetration.
 

Marine Electrostatic Precipitator Market Share

Eminent players are investing significantly in research and development to innovate and improve the efficiency of their ESP technologies. This includes enhancing particle collection efficiency, reducing operational costs, and developing compact designs that fit within the limited space available on ships. Key players are expanding their market reach by entering emerging markets in Asia Pacific, where shipping activities are booming, and regulatory frameworks are evolving. Furthermore, companies are focusing on niche markets, such as specialized vessels that may have less stringent requirements but still demand high-efficiency emission control systems.
 

Marine Electrostatic Precipitator Market Companies

Eminent players operating in the marine electrostatic precipitator industry are:

• ANDRITZ GROUP
• Fuji Electric
• GEA Group
• KC Cottrell India
• Kraft Powercon
• Mitsubishi Heavy Industries
• McGill AirClean
• Sumitomo Heavy Industries
• Siemens Energy
• Valmet
   

Marine Electrostatic Precipitator Industry News

• In March 2022, Valmet developed an advanced wet electrostatic precipitator (WESP) specifically for the marine industry to improve emission control by effectively removing harmful particulate matter from exhaust gases. The modern technology targets the increasingly stringent environmental regulations faced by the shipping sector, ensuring compliance with global emission standards like the International Maritime Organization’s (IMO) Tier III regulations.
   
• In July 2021, Andritz secured pivotal assets from GE Steam Power's Air Quality Control System division, notably the technology hub situated in Växjö, Sweden. With this acquisition, Andritz broadens its portfolio to encompass industrial dedusting technologies. These include electrostatic precipitators, fabric filters, wet ESPs, dry/semi-dry flue gas treatments, and industrial scrubbing systems. Furthermore, the agreement encompasses the Vaxjo site and personnel from the AQCS division based in both Sweden and Finland, bolstering Andritz's foothold in air pollution control solutions.
   

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 2032, for the following segments:

Click here to Buy Section of this Report

Market, By Design

• Plate
• Tubular

Market, By System

• Dry
• Wet

The above information has been provided for the following regions and countries:

• North America
  • U.S.
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • France
  • Spain
  • Italy
  • Netherlands
• Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Indonesia
  • Australia
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • South Africa
  • Nigeria
  • Angola
• Latin America
  • Brazil
  • Argentina
  • Chile
  • Peru