DUBLIN--(BUSINESS WIRE)--The "Global Electrostatic Precipitator Market Size, Share, Growth Analysis, By Type, By Design, By End Use - Industry Forecast 2022-2028" report has been added to ResearchAndMarkets.com's offering.
Global Electrostatic Precipitator Market size was valued at USD 7.21 billion in 2021 and is expected to reach USD 9.39 billion by 2028, at a CAGR of 4.2% during the forecast period (2022-2028).
Rapid industrialization and economic expansion have made air pollution so bad that immediate action is needed to stop the increase in carbon and GHG emissions. The massive amount of particulate matter produced by smoke and darkness must be stopped by an efficient technique.
The electrostatic precipitator is one of the most reliable and advanced methods for collecting particulate matter (ESP). The ESP is a particle collecting device that pulls carbon flakes and other particles from a gaseous flow by use of the force of an electrostatic charge that is created. Using the electrostatic force, the particles are transferred from the moving gas stream to collector plates.
Top-down and bottom-up approaches were used to estimate and validate the size of Asia Pacific Electrostatic Precipitator Market and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research, and their market shares in the respective regions were determined through primary and secondary research.
This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined by using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.
Segments covered in this report
On the basis of type, the global electrostatic precipitator market is segmented into Wet and Dry. On the basis of end-use, it is segmented into Power Generation, Chemicals, Metal, Petroleum Refineries, Cement, and Others. On the basis of design, it is segmented into Plate and Tubular. On the basis of region, it is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East and Africa.
Driver
Electrostatic precipitators must be installed in all industries due to a law that the Environment Protection Agency (EPA) implemented to protect the quality of clean air. Urban regions now have significantly more air pollution as a result of growing development. Controlling air pollution is becoming more and more important because of the numerous health problems that poor air can bring. Electrostatic precipitators will become more popular as a result of the need to reduce dangerous gas emissions from industries.
Restraint
Small-scale industries find it challenging to install due to its high implementation cost at the time of installation. Small-scale industries have relatively little capital, which causes them to lose market share.
Market Trends
To increase removal efficiency, hybrid electrostatic precipitators (HESPs) combine two or more different dust collection techniques, such as wet scrubbing and electrostatic precipitation. HESPs are gaining popularity as a result of their superior performance than conventional ESPs.
In order to create novel ESPs, nanomaterials like graphene and carbon nanotubes are being employed. As a result of enhancing the charge transfer between the particles and the collecting electrodes, these materials can greatly boost the performance of ESPs.
Smart electrostatic precipitators (SEP) are capable of operating automatically in response to changes in the composition or concentration of the gas stream because they are fitted with sensors and control systems. The demand for better process control and more efficient resource use is what is driving this development.
Key Topics Covered:
Executive Summary
Parent Market Analysis
- Market overview
- Market size
Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- SWOT Analysis
KEY MARKET INSIGHTS
MARKET DYNAMICS & OUTLOOK
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
Regulatory Landscape
- SWOT Analysis
- Porters Analysis
- Competitive rivalry
- Threat of substitute products
- Bargaining power of buyers
- Threat of new entrants
- Bargaining power of suppliers
Special Insights on future disruptions
- Political Impact
- Economic impact
- Social Impact
- Technical Impact
- Environmental Impact
- Legal Impact
Global Electrostatic Precipitator Market by Type
Global Electrostatic Precipitator Market by Design
Global Electrostatic Precipitator Market by End Use
KEY COMPANY PROFILES
Competitive Landscape
A selection of companies mentioned in this report includes
- General Electric
- Enviropol Engineers Pvt. Ltd.
- Alstom
- Siemens AG
- Bionomic Industries
- Babcock & Wilcox
- FLSmidth
- Mitsubishi Hitachi Power Systems Ltd.
- Amec Foster Wheeler
- Thermax Limited
- Ducon
- Lonjing Environment Technology
- Hamon Corporation
- Trion IAQ
- IONFILTRA
- Bharat Heavy Electricals Limited (BHEL).
For more information about this report visit https://www.researchandmarkets.com/r/1cwouy
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