Press release
Mist Eliminator Market Trends and Key Industry Insights | Most Leading Companies - Sulzer Ltd., Ceco Environmental Corporation, Munters Group AB, Koch-Glitsch LP
Mist Eliminator Market
The Global Mist Eliminator Market size was worth US$ 994.73 million in 2023 and is estimated to reach US$ 1415.93 million by 2031, growing at a CAGR of 4.79% during the forecast period (2024-2031).
A mist eliminator is a device used to remove liquid droplets or mists from gas or vapor streams. Commonly found in industries like power generation, petrochemicals, and gas processing, it ensures cleaner air output and protects downstream equipment. These systems improve operational efficiency, reduce emissions, and enhance safety. Mist eliminators come in various types, including mesh pads, vane packs, and fiber beds.
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âž Market Drivers and Opportunities
⇥ Several factors are propelling the mist eliminator market:
⇥ Stringent Environmental Regulations: Governments worldwide are implementing strict emission norms, compelling industries to adopt mist eliminators to control air pollution.
⇥ Industrial Expansion: Rapid industrialization, especially in developing countries, is increasing the demand for mist eliminators in sectors like oil & gas, chemical, and power generation.
⇥ Technological Advancements: Innovations in mist eliminator designs, such as enhanced wire-mesh and fiber-bed types, are improving efficiency and expanding application areas.
⇥ Energy Efficiency and Cost Savings: Mist eliminators contribute to energy savings by reducing pressure drops and recovering valuable materials from process streams.
âž Market Segmentation
The mist eliminator market is segmented by type, end-user, application, and region.
By Type: Wire-Mesh, Vane Type, Fiber-Bed, Others
By End-User: Oil & gas, Desalination, Power Generation, Textile, Chemical, Paper & Pulp, Food & Beverages, Others
By Application: Distillation Tower, Evaporator, Knockout Drum, Scrubber, Others
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Key Market Players and Recent Developments
Prominent companies in the mist eliminator market include:
☛ Sulzer Ltd: A Swiss-based company offering a range of mist elimination solutions.
☛ CECO Environmental Corporation: A U.S.-based company providing air pollution control technologies.
☛ Munters Group AB: A Swedish company specializing in energy-efficient air treatment and climate solutions.
âž Recent Developments:
Sulzer Ltd.:
☛Secured a contract with ExxonMobil for deploying its cMIST system to enhance natural gas dehydration processes.
☛CECO Environmental Corporation:
☛Acquired Environmental Integrated Solutions Limited, expanding its presence in the European market and enhancing its air pollution control offerings.
☛Munters Group AB:
☛Continued innovation in mist elimination technologies, focusing on energy efficiency and environmental sustainability.
âž Key Developments:
The U.S. Environmental Protection Agency (EPA) has mandated the use of mist eliminators in the power generation sector to enhance workplace safety, a move expected to drive significant growth in the market.
ExxonMobil has selected Sulzer Ltd. to deliver a large-scale cMIST system for natural gas dehydration. Plans are underway to install a new unit at ExxonMobil's onshore facility in the United States.
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âž Conclusion
The mist eliminator market is poised for steady growth, driven by industrial expansion, environmental regulations, and technological advancements. However, challenges such as high installation and maintenance costs, availability of alternative technologies, and intense competition may impact market dynamics. Companies focusing on innovation, quality, and strategic partnerships are expected to gain a competitive edge in this evolving market landscape.
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