Market Overview:
The global electrostatic precipitator system market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The market growth is attributed to the increasing demand for power generation, steel and metallurgy, chemical, and other applications across the globe. In terms of type, the wet ESP segment is expected to dominate the global electrostatic precipitator system market during the forecast period. This can be attributed to its ability to remove fine particles from gas streams with high efficiency as compared to dry ESP systems.
Product Definition:
An electrostatic precipitator (ESP) is a type of air pollution control device that uses static electricity to remove particles from gases. ESPs are often used to remove dust and other particulates from the exhaust gas of power plants, factories, and other types of industrial facilities.
Wet ESP:
The wet ESP is a system which uses water to generate the electric field for collecting dust particles. It's major application areas are in coal power plants, cement kilns and steel mills. Wet ESP has been gaining importance over dry type owing to its ability to reduce particulate emission by 95% and also due to its low operating cost.
Dry ESP:
The dry ester precipitator system is used to collect oil mist and other particulate matter from gas streams. The system consists of a number of components including filter, blower, heat exchanger, evaporator and condenser among others. The major function performed by the heat exchanger is to remove water vapor from the gas stream which in turn helps in reducing formation of oil mist &other particulates during petroleum refining process.
Application Insights:
Electrostatic precipitators are used in various applications including power generation, steel and metallurgy, chemical, others. Power generation is expected to be the fastest-growing application segment over the forecast period owing to the rising demand for clean energy. Electrostatic precipitators are used in coal combustion plants as they reduce emissions of fly ash and other particulate matter by approximately 90%.
The steel and metallurgy application segment accounted for a significant market share in 2017 due to increasing demand from end-use industries such as automotive. The product is also being increasingly utilized by foundry industry players as it reduces metal dust emission by 99% without affecting production output significantly. In addition, electrostatic precipitators help eliminate slurry formation caused due to solid particles that tend to collect at the bottom of casting molds during cooling processes thereby avoiding any potential problems during transportation or storage of molten metals.
Regional Analysis:
North America accounted for the largest market share in 2017 owing to the growing demand for power generation and chemical applications. The U.S., being a developed nation, is expected to dominate the North American regional market over the forecast period. Europe is also anticipated to witness significant growth over the coming years due to stringent government regulations regarding air pollution and increasing environmental awareness among people.
Asia Pacific region is projected to grow at a lucrative rate of CAGR during the forecast period owing to rapid industrialization, coupled with developing economies such as China and India, which are amongst major steel-producing nations across Asia Pacific region. Moreover, rising concerns about carbon footprints have led governments across various countries in Asia Pacific region including China and India make efforts towards reducing pollution by encouraging clean energy sources such as wind farms & solar panels installation on buildings/structures or land surfaces (solar PV).
Growth Factors:
- Increasing demand from the manufacturing sector for better air quality
- Stringent government regulations for controlling air pollution
- Growing awareness about the benefits of using electrostatic precipitators over other technologies for air purification
- Technological advancements that have led to the development of more efficient and compact electrostatic precipitator systems
- Rising investments in industrial infrastructure by developing countries
Scope Of The Report
Report Attributes
Report Details
Report Title
Electrostatic Precipitator System Market Research Report
By Type
Wet ESP, Dry ESP
By Application
Power Generation, Steel and Metallurgy, Chemical, Others
By Companies
Alstom, Babcock & Wilcox, Mitsubishi Hitachi, Mitsubishi Heavy Industries, Thermax (India), Ducon, Fujian Longking, Hamon (US), Siemens
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
129
Number of Tables & Figures
91
Customization Available
Yes, the report can be customized as per your need.
Global Electrostatic Precipitator System Market Report Segments:
The global Electrostatic Precipitator System market is segmented on the basis of:
Types
Wet ESP, Dry ESP
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Power Generation, Steel and Metallurgy, Chemical, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Alstom
- Babcock & Wilcox
- Mitsubishi Hitachi
- Mitsubishi Heavy Industries
- Thermax (India)
- Ducon
- Fujian Longking
- Hamon (US)
- Siemens
Highlights of The Electrostatic Precipitator System Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Wet ESP
- Dry ESP
- By Application:
- Power Generation
- Steel and Metallurgy
- Chemical
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Electrostatic Precipitator System Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
An electrostatic precipitator system is a type of air pollution control device that uses an electric field to remove particulate matter from the atmosphere. The electric field causes the particles to become charged and stick to the surface of the precipitator.
Some of the key players operating in the electrostatic precipitator system market are Alstom, Babcock & Wilcox, Mitsubishi Hitachi, Mitsubishi Heavy Industries, Thermax (India), Ducon, Fujian Longking, Hamon (US), Siemens.
The electrostatic precipitator system market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Electrostatic Precipitator System Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Electrostatic Precipitator System Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Electrostatic Precipitator System Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Electrostatic Precipitator System Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Electrostatic Precipitator System Market Size & Forecast, 2020-2028
4.5.1 Electrostatic Precipitator System Market Size and Y-o-Y Growth
4.5.2 Electrostatic Precipitator System Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Wet ESP
5.2.2 Dry ESP
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Power Generation
6.2.2 Steel and Metallurgy
6.2.3 Chemical
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Electrostatic Precipitator System Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Electrostatic Precipitator System Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Wet ESP
9.6.2 Dry ESP
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Power Generation
9.10.2 Steel and Metallurgy
9.10.3 Chemical
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Wet ESP
10.6.2 Dry ESP
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Power Generation
10.10.2 Steel and Metallurgy
10.10.3 Chemical
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Wet ESP
11.6.2 Dry ESP
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Power Generation
11.10.2 Steel and Metallurgy
11.10.3 Chemical
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Wet ESP
12.6.2 Dry ESP
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Power Generation
12.10.2 Steel and Metallurgy
12.10.3 Chemical
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Wet ESP
13.6.2 Dry ESP
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Power Generation
13.10.2 Steel and Metallurgy
13.10.3 Chemical
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Electrostatic Precipitator System Market: Competitive Dashboard
14.2 Global Electrostatic Precipitator System Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Alstom
14.3.2 Babcock & Wilcox
14.3.3 Mitsubishi Hitachi
14.3.4 Mitsubishi Heavy Industries
14.3.5 Thermax (India)
14.3.6 Ducon
14.3.7 Fujian Longking
14.3.8 Hamon (US)
14.3.9 Siemens
