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Plate Electrostatic Precipitator Market Size

  • Report ID: GMI10974
  • Published Date: Aug 2024
  • Report Format: PDF

Plate Electrostatic Precipitator Market Size

Plate Electrostatic Precipitator Market was valued at USD 7.2 billion in 2023 and is anticipated to grow at a CAGR of 6.3% from 2024 to 2032. It is an air pollution control device that removes fine particles, such as dust and smoke, from a flowing gas using the force of an induced electrostatic charge. The device consists of parallel plates where a high-voltage electrostatic field is applied. As the gas passes through these plates, the particles become charged and are attracted to and deposited on the plates, effectively cleaning the gas before it is released into the atmosphere. This type of systems is commonly used in industrial processes, such as power generation and cement production, to control emissions and meet environmental regulations.

 

Increasing stringency of environmental regulations aimed at controlling air pollution particularly in developed regions such as North America and Europe are set to propel product adoption. Rising advancements in ESP technology led to enhance the efficiency and effectiveness of plate design are driving product penetration. Furthermore, growing shift towards adoption of modern technology with improved electrode configurations, optimized gas flow distribution, and advanced control systems that increase design performance in particulate collection are additional factors driving industry statistics.
 

Growing awareness of the importance of air quality, both for environmental protection and public health is driving industries to invest in technologies that can reduce their environmental footprint thereby stimulating product demand. Furthermore, relatively low operational and maintenance costs, combined with long service life, making them an economically viable option for industries looking to meet emission standards without incurring excessive costs will strengthen business scenario.
 

Authors: Ankit Gupta, Pooja Shukla

Frequently Asked Questions (FAQ) :

The market size of plate electrostatic precipitator was worth USD 7.2 billion in 2023 and will expand at a 6.3% CAGR between 2024 and 2032, owing to increasing industrial emissions and stringent environmental regulations aimed at reducing air pollution.

Plate electrostatic precipitator market from the marine segment will register 9.4% CAGR through 2032, attributed to stringent regulations on ship emissions and the need for effective air pollution control in marine environments.

Asia Pacific plate electrostatic precipitator industry will surpass USD 6 billion by 2032, driven by rapid industrialization, stringent environmental regulations, and increasing awareness of air quality issues.

Prominent firms operating in the plate electrostatic precipitator market are Andritz Group, Babcock & Wilcox Enterprises, Inc., Balcke-Dürr, FLSmidth, GEA Group, KC Cottrell Co., Ltd., Mevadhashma, Mitsubishi Power, PPC Industries, TAPC, VT Corp Pvt. Ltd, and Wood Plc, among others.

Plate Electrostatic Precipitator Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 12
  • Tables & Figures: 25
  • Countries covered: 24
  • Pages: 40
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