Global Electrostatic Precipitator Market report has market data and information which can answer several marketing problems in different functional areas of marketing such as consumer behaviour, product, sales, distribution channel, pricing, ad and physical distribution. The report provides data on patterns and improvements, and target business sectors and materials, limits and advancements. This report contains a chapter on the global market and all its associated companies with their profiles, which gives valuable data pertaining to their outlook in terms of finances, product portfolios, investment plans, and marketing and business strategies.
Global Electrostatic Precipitator Market is driven by the need for reducing air emissions as industrialization is growing exponentially in all the developing countries, Global Electrostatic Precipitator Market in estimated value from USD 5.62 Billion in 2018 to an estimated value of USD 7.58 Billion by 2026, registering a CAGR of 3.81% in the forecast period of 2019-2026.
Electrostatic precipitators are filtration devices that eliminate particles like smoke and dust, for flowing gas by using induced electrostatic charge force minimally preventing the gas flow through the unit. Electrostatic precipitators are used in the fossil fuel-fired boilers, cement plants, steel mills, petroleum refineries, municipal waste incinerators, hazardous waste incinerators, pulp and paper mills, and lead, zinc, and copper smelters for controlling the particulate matter emissions.
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Major Market Drivers:
- Increase in air pollution control regulations by governments
- Increase in environment related concerns
- High Initial Investment
Major Key players profiled in this report are:
General Electric, Mitsubishi Hitachi Power Systems, Ltd., Siemens AG, amec foster wheeler, Babcock & Wilcox Enterprises, Inc., Thermax Global, DUCON, Fujian Longking Co., Ltd., S.A. HAMON, Trion, KC cottrell India, Feida India Private Limited, FLSmidth, Sinoma-Tec, Bharat Heavy Electricals Limited, Sumitomo Heavy Industries, Ltd., Fuel Tech Inc., IS SaveEnergy AG, PPC Industries , Inc., Balcke-Dürr GmbH and others.
- By Type
- Dry ESP
- Wet ESP
- By End User
- Power & Electricity
- By Offering
- Hardware & Software
- North America
Key Developments in the Market:
- In June 2018, Mitsubishi Hitachi Power Systems, Ltd. received contract for the upgradation of environmental system at Boryeong Power Station. And, in August 2017, the company received an order for supplying the electrostatic precipitator, gas turbine and power generator to a power plant owned by Anshan Iron and Steel Group for the environmental system.
- In January 2017, Babcock & Wilcox Enterprises, Inc. announced the acquisition of Universal Acoustic & Emission Technologies, engaged in providing acoustic and filtration solution. The product line of Babcock & Wilcox will get diversified and expanded, so as its market share also.
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