Global Electrostatic Precipitator Market Outlook Report 2017-2026: Market is Expected to Reach $18.76 Billion by 2026, from $11.78 Billion in 2017

Friday, 14. December 2018 11:55

Dublin, Dec. 14, 2018 (GLOBE NEWSWIRE) -- The "Electrostatic Precipitator - Global Market Outlook (2017-2026)" report has been added to ResearchAndMarkets.com's offering.

Global Electrostatic Precipitator market accounted for $11.78 billion in 2017 and is expected to reach $18.76 billion by 2026 growing at a CAGR of 5.3% during the forecast period.

Increasing stringency of international standards toward reducing air emissions coupled with rapid industrialization across the emerging economies are the key driving factors for the market growth. However, the emergence of different alternate &renewable energy sources for power plants is factors are hindering the market growth.

Electrostatic Precipitator systems (ESP) are prominently used for controlling particulate being emitted during various industrial processes and boilers. Electrostatic precipitator uses electrostatic force to capture dust particles coming out of an incoming gas. An electrostatic precipitator system typically consists of following elements: a power supply such as transformer & rectifier, an ionizing source, dust removal mechanism, and an external enclosure to collect & discharge the dust. Eliminating harmful content coming out of flue gases is necessary in preventing water and soil acidification, maintain adequate ozone level at the ground level and to contain the risk of various respiratory or cardiovascular diseases, cancer and fertility problems.

Based on End User, the Power generation accounted for considerable market share during the forecast period. Increasing electricity demand from emerging economies along with the need to curb SO3 emissions will stimulate the product demand across power plants. Adoption of several emission control measures across coal fired power plants will fuel the product adoption. Rising investments in refining capacities coupled with robust demand for superior petroleum products will substantially increase the product adoption. High potential of conversion to wide variety of industrial and consumer products including plastics, fertilizers, detergents, textiles and solvents will complement the global market scenario.

By Geography, Asia Pacific market is likely to be one of the most attractive markets during the forecast period. Asia is the market leader for new systems as well as the repair & upgrade of existing ESPs. This is mainly due to addition of a large number of power plants in China and other emerging economies in this region. Major demand is also expected in India, where coal-fired generation occupies a majority segment of the overall power generation mix.

Some of the key players profiled in the Electrostatic Precipitator Market include Airpol, Amec Foster Wheeler, Babcock & Wilcox, Balcke-Durr, Beltran Technologies, Ducon Technologies, EWK Umwelttechnik, FLSmidth, Fujian Longking, GE Power, Hitachi, Johnson Controls, PPCAIR, and Siemens.

Designs Covered:

  • Plate
  • Tubular

Products Covered:

  • Electric Ball Valve
  • Floating Ball Valve
  • Pneumatic Ball Valve

Technologies Covered:

  • Wet ESP
  • Dry ESP
  • Plate-Wire ESP
  • Wire-Plate ESP
  • Wire-Pipe ESP

Applications Covered:

  • Coal Fired Generation
  • Electric Arc Furnaces
  • Gas Turbines
  • Solid-Waste Incinerators
  • Industrial Power
  • Other Applications

End Users Covered:

  • Cement
  • Chemicals & Petrochemicals
  • Food & Beverage
  • Manufacturing Industry
  • Marine
  • Metal Processing
  • Mining
  • Oil and Gas
  • Papermaking Industry
  • Petrochemical industry
  • Pharmaceutical
  • Power Generation
  • Pulp and Paper
  • Steel industry
  • Textile and wool industry
  • Water and Wastewater
  • Wood industry
  • Other End Users

Companies Mentioned

  • Airpol
  • Alstom SA
  • Amec Foster Wheeler
  • Babcock & Wilcox
  • Balcke-Drr
  • Beltran Technologies
  • Clean Tunnel Air International AS
  • Ducon Technologies
  • EWK Umwelttechnik
  • FLSmidth
  • Fujian Longking
  • GE Power
  • GEECO Enercon Pvt Ltd
  • Hitachi
  • Johnson Controls
  • PPCAIR
  • Siemens
  • Thermax Ltd
  • Total Air Pollution Control Pty
  • Trion Inc

For more information about this report visit https://www.researchandmarkets.com/research/4wsfph/global?w=12

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Related Topics: Air Purification

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