Home > Industrial Machinery > Industrial Equipment > Electrostatic Precipitator > Wet Electrostatic Precipitator Market

Wet Electrostatic Precipitator Market Size

  • Report ID: GMI10211
  • Published Date: Jul 2024
  • Report Format: PDF

Wet Electrostatic Precipitator Market Size

Wet Electrostatic Precipitator Market was valued at USD 1.12 billion in 2023 and is anticipated to grow at a CAGR of 6.9% from 2024 to 2032. It is an advanced air pollution control device designed to remove fine particulate matter, aerosols, and pollutants from industrial exhaust gases. The primary function of a WESP is to capture and remove particulate pollutants from a gas stream using an electrical charge and a wet scrubbing process.

 

Rising enforcement of stricter emissions standards by governments and regulatory bodies to combat air pollution and protect public health including the Clean Air Act in the U.S. and similar directives in the European Union demand significant reductions in particulate matter and other pollutants are propelling the product adoption. Rapid industrialization and urbanization in emerging economies are leading to increased emissions from various industries, including power generation, cement, steel, and chemicals thereby stimulating demand for effective emission control technologies.

 

Growing advancements in WESP technology to improve their performance and efficiency coupled with rising innovations such as improved electrode designs, advanced water spray systems, and better materials to make systems more effective and reliable are strengthening product penetration. Furthermore, rising public awareness of the health impacts of air pollution, particularly fine particulate matter (PM2.5 and PM10) which can cause respiratory and cardiovascular diseases is set to influence the business landscape.

 

Authors: Ankit Gupta, Pooja Shukla

Frequently Asked Questions (FAQ) :

The market size of wet electrostatic precipitator was reached USD 1.12 billion in 2023 and is anticipated to grow at 6.9% CAGR during 2024 to 2032, driven by rising enforcement of stricter emissions standards by governments and regulatory bodies to combat air pollution.

The power generation segment of the wet electrostatic precipitator market is anticipated to exceed USD 750 million by 2032, driven by rising demand for products that can reduce emissions.

Asia Pacific wet electrostatic precipitator market is anticipated to reach over USD 991 million by 2032, driven by rising stringent environmental regulations.

KC Cottrell India, Mitsubishi Heavy Industries, Ltd, PPC Industries, ReGaWatt GmbH, Sumitomo Heavy Industries Ltd, TAPC, Thermax, Valmet, and Wood Plc among others.

Wet Electrostatic Precipitator Market Scope

Buy Now


Premium Report Details

  • Base Year: 2023
  • Companies covered: 14
  • Tables & Figures: 25
  • Countries covered: 24
  • Pages: 100
 Download Free Sample