• Blog
  • Electrostatic Precipitator Market Report

    Electrostatic Precipitator Market Report

    Electrostatic Precipitator Market Report
    Report code - SR2187 Delivery - 2 Weeks
    Get Free Sample |
    Electrostatic Precipitator Market Size, Share, Trend, Forecast, Competitive Analysis, and See more...

    Market Insights

    An electrostatic precipitator is a filtering device installed in the flue gas passage from the furnace to the chimney to filter the flue gas before it enters the chimney. It employs electrical energy to remove fine particles from a gas stream, such as dust or smoke, by charging particles either positively or negatively. These charged dust particles are then drawn to collector plates that are charged in the opposite direction. These precipitators must operate continuously with minimal maintenance, be highly efficient and reliable, and have a low operating cost.

    Rising international regulations for emission reduction, combined with rapid industrialization in emerging economies around the world, will continue to drive the market growth. Because of their increased efforts to meet their emission reduction goals, the cement industry and power plants are expected to adopt the product more in the future. Furthermore, the implementation of various tax emission control measures, such as tax burden and compulsion to upgrade existing systems, would support the market growth. As a result of these factors, the electrostatic precipitator market is expected to grow at a healthy CAGR of 5.3% during the forecast period.

    Segment Analysis

    Based on the system type, the market is bifurcated into dry and wet. Dry system is likely to remain the more popular system for electrostatic precipitators in the foreseen future owing to its high efficiency for separation, coupled with limited operating cost. It has the ability to collect dust in a wide range of temperatures, ranging from room temperature to 100°C. Furthermore, due to its high applicability for dry pollutant particles and operating efficiency over a wide range of exhaust gas temperatures, this system is suitable for a broad range of industries.

    Based on the design type, the market is segmented as plate and tubular. Plate design is expected to remain the more preferred design type during the forecast period on account of its increasing adoption across industrial applications involved in organic emissions, which include food processing and heat-treating industries. Parallel plates are used as collecting electrodes in this design, which are used for collecting wet dust from large quantities of process gas.

    Based on the emitting industry type, the market is segmented as power generation, chemicals and petrochemicals, cement, metal processing & mining, manufacturing, marine, and others. Among these industries, the power generation industry is likely to remain the biggest demand generator for electrostatic precipitators during the forecast period on account of rising electricity demand from the world's emerging economies, paired with the obligation to control SO3 emissions. Furthermore, the adoption of several emission control measures for coal-fired power plants, the world's largest source of electricity generation, would provide impetus to the market growth.

    In terms of regions, Asia-Pacific is expected to remain the largest and fastest-growing market for electrostatic precipitators over the forecast period, owing to rising air pollution from particulate emissions, rapid industrialization, and the presence of several thermal power plants, cement, steel, and chemical manufacturers in the region. Furthermore, increasing demand for paper-based products in China's packaging and printing & advertising sectors has prompted major paper industry manufacturers to increase product output. The use of electrostatic precipitators in the paper industry to remove hazardous soot and ash from exhaust gases is also supporting growth of the market in the region.

    Key Players

    The following are some of the key players in the electrostatic precipitator market:

    • General Electric
    • Babcock and Wilcox Enterprises, Inc.
    • Bharat Heavy Electricals Limited
    • Thermax Limited
    • Fuel Tech, Inc.
    • FL Smidth & Co. A/S
    • GEECO Enercon Pvt Limited
    • Zhejiang Feida Environmental Science & Technology Co., Ltd.
    • Fujian Longking Co., Ltd.
    • Hamon Research Cottrell, Inc.

    Research Methodology

    This strategic assessment report, from Stratview Research, provides a comprehensive analysis that reflects today’s electrostatic precipitator market realities and future market possibilities for the forecast period of 2022 to 2027. The report segments and analyzes the market in the most detailed manner in order to provide a panoramic view of the market. The vital data/information provided in the report can play a crucial role for the market participants as well as investors in the identification of the low-hanging fruits available in the market as well as to formulate the growth strategies to expedite their growth process.

    This report offers high-quality insights and is the outcome of a detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders, and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact books, press releases, journals, investor presentations, white papers, patents, and articles, have been leveraged to gather the data. We conducted more than 15 detailed primary interviews with the market players across the value chain in all four regions and industry experts to obtain both qualitative and quantitative insights.

    Report Features

    This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:

    • Market structure: Overview, industry life cycle analysis, supply chain analysis.
    • Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis.
    • Market trend and forecast analysis.
    • Market segment trend and forecast.
    • Competitive landscape and dynamics: Market share, Product Portfolio, New Product Launches, etc.
    • Attractive market segments and associated growth opportunities.
    • Emerging trends.
    • Strategic growth opportunities for the existing and new players.
    • Key success factors.

    The electrostatic precipitator market is segmented into the following categories:

    Electrostatic Precipitator Market, by System Type

    • Dry (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
    • Wet (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)

    Electrostatic Precipitator Market, by Design Type

    • Plate (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
    • Tubular (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)

    Electrostatic Precipitator Market, by Emitting Industry Type

    • Power Generation (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
    • Chemicals and Petrochemicals (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
    • Cement (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
    • Metal Processing & Mining (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
    • Manufacturing (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
    • Marine (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
    • Others (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)

    Electrostatic Precipitator Market, by Region

    • North America (Country Analysis: The USA, Canada, and Mexico)
    • Europe (Country Analysis: Germany, France, The UK, Russia, Italy, and Rest of Europe)
    • Asia-Pacific (Country Analysis: China, Japan, India, South Korea, and Rest of Asia-Pacific')
    • Rest of the World (Country Analysis: Brazil, Argentina, and Others)

    Report Customization Options

    With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

    Company Profiling

    • Detailed profiling of additional market players (up to three players)
    • SWOT analysis of key players (up to three players)

    Competitive Benchmarking

    • Benchmarking of key players on the following parameters: product portfolio, geographical reach, regional presence, and strategic alliances

    Custom Research: Stratview research offers custom research services across the sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry to sales@Stratviewresearch.com

    Frequently Asked Questions (FAQs)

    The electrostatic precipitator market is estimated to grow at a healthy CAGR of 5.3% over the next five years. Rising international regulations for emission reduction, combined with rapid industrialization in emerging economies around the world, are expected to drive the market growth in the coming years.

    General Electric, Babcock and Wilcox Enterprises, Inc., Bharat Heavy Electricals Limited, Thermax Limited, Fuel Tech, Inc., FL Smidth & Co. A/S, GEECO Enercon Pvt Limited, Zhejiang Feida Environment Science & Technology Co. Ltd, Fujian Longking Co., Ltd., and Hamon Research Cottrell, Inc. are some of the key players in the market.

    Asia-Pacific is estimated to be dominant in the electrostatic precipitator market in the coming years due to rising air pollution from particulate emissions, rapid industrialization, and the presence of several thermal power plants as well as cement, steel, and chemical manufacturers in the region.

    Asia-Pacific is estimated to grow at the fastest rate in the coming five years owing to the rising demand for paper-based products in the packaging and printing & advertising sectors in China.

    Power generation industry is likely to maintain its dominance in the market in the next five years owing to rising electricity demand from the world's emerging economies, as well as the obligation to control SO3 emissions.