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Plate Electrostatic Precipitator Market Trends

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

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Plate Electrostatic Precipitator Market Trends

Rapid pace of industrialization and urbanization, especially in developing regions such as Asia Pacific, has led to an increase in air pollution levels due to industrial emissions will foster product demand. Continuous energy demand, particularly from fossil fuel-based power plants has increased the need for effective emission control technologies to efficiently capture and remove fine particles from flue gases helping power plants to comply with environmental regulations and reduce their environmental impact, thereby boosting industry landscape.

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.