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Electrostatic Precipitator Market Global Trends, Market Share, Industry Size, Growth, Opportunities and Market Forecast - 2018 to 2028

07-15-2021 09:03 AM CET | IT, New Media & Software

Press release from: TMR Research

Electrostatic Precipitator Market Global Trends, Market

Electrostatic Precipitator Market - Snapshot

In urban areas, pollution levels are increasing with the rise in population. The presence of various air pollutants, such as SO2, NOx, acid mists, and dust particles, etc. is driving the electrostatic precipitator market. The growing trend of industrialization has also contributed to air pollution in urban areas. So the growing health concern will fuel the electrostatic precipitator market. Rigorous regulations with electrostatic precipitators are expected to curb the level of increasing air pollution. Electrostatic precipitators are filtration devices that use electrostatic induction to remove harmful particles. Compared to conventional industrial filters, these electrostatic precipitators work efficiently to remove pollutants and collect wet impurities. The durability and low operating and maintenance cost will boost the electrostatic precipitator market. As a result, various industries such as metal processing, marine, chemicals and power generation, etc. are installing electrostatic precipitators.

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Construction, automotive, and industrial activities are emitting uncontrolled chemical fumes and gases, thus making air unfit for respiration. The rising pollution will help in the growth in the electrostatic precipitators market shortly. Various electrostatic precipitator manufacturers are developing mobile applications and technologically advanced mechanisms. The purpose of this development is to make the pollution control system accessible to remote locations. A variety of multinational companies are dominating the electrostatic precipitators market. These big companies are influencing market prices and other initiatives. This product development is planned for a larger run. Organizations are investing a significant amount in the electrostatic precipitator market for R&D, innovations, and technological advancements. This approach gives manufacturers a strong market hold with advanced products. They can also enjoy a competitive lead among other market players. The growth in the coal-fired power plant and cement industry will lead to the expansion in the electrostatic precipitator market.

An electrostatic precipitator, also known as electrostatic air cleaner uses electric charge to eradicate certain impurities from air or other gases in smokestacks. Originally developed for recovery of valuable industrial-process materials, the electrostatic precipitators are currently gaining significant traction for air pollution control. Electrostatic precipitators are ubiquitous today, especially in thermal power plants, owing to burgeoning concerns related to environmental pollution. The electrostatic precipitators are primarily used for removing particles from waste gases across power-generating stations and industrial facilities.

As electrostatic precipitators are highly effective at reducing particle pollution, including small particles, roughly 1 micron in diameter, as well as particles 0.01 micron in diameter in some cases, their adoption is accelerating at a fast pace. Industries are increasingly utilizing electrostatic precipitators for cleaning up flue gases. Growing stringency of international standards to reduce air emissions coupled with rapid industrialization in the emerging economies is driving growth in electrostatic precipitator market. Such factors pushed the electrostatic precipitator market to reach a value roughly US$ 6 billion in 2018.

Electrostatic Precipitator Market - Notable Developments

Notable developments in the competitive landscape of electrostatic precipitator market include:

In April 2019, ACTON signed a technology and local representation contract with Hamon, to beef up the offerings of its division John Thompson. As per the contract, Hamon will supply additional equipment and technologies, including electrostatic precipitators (ESP) as well as flue gas desulphurisation (FGD) system in the environmental field and heat-recovery steam generators for power generation application.

In February 2019, Mitsubishi Hitachi Power Systems (MHPS) was awarded a gas turbine supply contract from Maanshan Iron & Steel Company. As per the contract, MHPS will supply M701S (DA) X gas turbine, power generator, and steam turbine to the Chinese firm.

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About TMR Research

TMR Research is a premier provider of customized market research and consulting services to busi-ness entities keen on succeeding in today’s supercharged economic climate. Armed with an experi-enced, dedicated, and dynamic team of analysts, we are redefining the way our clients’ conduct business by providing them with authoritative and trusted research studies in tune with the latest methodologies and market trends.

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TMR Research,
3739 Balboa St # 1097,
San Francisco, CA 94121
United States
Tel: +1-415-520-1050

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