Press release
Electrostatic Precipitator Market Analysis Focusing on Top Key Players – GEECO Enercon Ltd, Siemens AG, Ducon Technologies Inc., Fujian Longking Co. Ltd., Total Air Pollution Control, Hamon Corporation & More
Electrostatic Precipitator
U.S. electrostatic precipitator market size is expected to exceed USD 1 billion by 2024. Rising demand for infrastructure renovation will foster the industry.
Major participants in the industry are GEECO Enercon Ltd, Siemens AG, Ducon Technologies Inc., Fujian Longking Co. Ltd., Total Air Pollution Control, Thermax Ltd. (India), Hamon Corporation (U.S.), Babcock &Wilcox Enterprises, Clean Tunnel Air International AS, Mitsubishi Hitachi Power System and Trion Inc.
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China contributed over 3% of regional electrostatic precipitator market share in 2015 and is expected to witness steady growth in future owing to increasing installation of coal fired power plants. Presence of large number of manufacturing industries will further complement regional demand.
Increasing concerns to reduce SO3 concentration emitted by coal fired power plants will stimulate the electrostatic precipitator market growth. Growing energy demand subject to increasing investment in residential, construction and infrastructure sector by developing countries such as, India and China may further complement the industry outlook. Increasing adoption of fabric filters as they offer high collection efficiency may hinder industry growth over forecast period.
Wet electrostatic precipitator market was valued over USD 500 million in 2015 and is expected to witness a substantial growth over forecast period owing to its potential to capture submicron particle with more than 90% efficiency over dry electrostatic precipitator. It has wide application in sulfuric acid manufacturing, paper, cement and textile industry.
Renovation of existing manufacturing industry will stimulate the Europe electrostatic precipitator market size growth during the forecast period. Germany was valued over USD 240 million in 2015 and is expected to grow over 5%.
Cement industry was worth 13% of global revenue share in 2015 and is expected to witness gain at over 4% from 2016 to 2024. Increasing spending on infrastructure development will favor business growth.
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Electrostatic precipitators market deployed at metal industry should see revenue in excess of USD 1 billion in 2024. Rapid industrialization and urbanization coupled with growing demand for steel may positively encourage the metal industry.
Table of Content:
Chapter 1 Methodology & Scope
Chapter 2 Executive Summary
Chapter 3 Electrostatic Precipitator Industry Insights
Chapter 4 Electrostatic Precipitator Product Insights
Chapter 5 Electrostatic Precipitator Application Insights
Chapter 6 Electrostatic Precipitator Regional Insights
Chapter 7 Company Profiles
More Details on this Report At: https://www.marketstudyreport.com/reports/electrostatic-precipitator-market
Related Report:
2018-2023 Global Electrostatic Precipitator (ESP) Consumption Market Report
This report presents a comprehensive overview, market shares, and growth opportunities of Electrostatic Precipitator (ESP) market by product type, application, key manufacturers and key regions.
https://www.marketstudyreport.com/reports/2018-2023-global-electrostatic-precipitator-esp-consumption-market-report/?utm_source=RR-PSR
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