Electrostatic Precipitator Market size estimation to reach USD 18 billion by 2024 - PowerPoint PPT Presentation

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Electrostatic Precipitator Market size estimation to reach USD 18 billion by 2024

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Electrostatic Precipitator Market size was valued at USD 8.5 billion in 2015, and will grow at over 9% CAGR estimation to reach USD 18 billion by 2024. Key players in the global electrostatic precipitator market include Babcock & Wilcox., Balcke-Durr, Alstom, Siemens, Trion, Total Air Pollution Control, and Clean Tunnel Air International. – PowerPoint PPT presentation

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Title: Electrostatic Precipitator Market size estimation to reach USD 18 billion by 2024


1
Electrostatic Precipitator Market Size, Share,
Industry Outlook Forecast 2016-2024
Electrostatic Precipitator Market size will grow
at over 9 CAGR estimation by 2024
2
Global Market Scenario of Electrostatic
Precipitator Industry
  • Electrostatic Precipitator Market size was
    valued at USD 8.5 billion in 2015, and will grow
    at over 9 CAGR estimation to reach USD 18
    billion by 2024.
  • Rising environmental, safety, and health concerns
    in reducing air pollution will fuel industry
    growth through 2024. Factors, such as low
    operational cost, high efficiency, and the
    ability to operate across wide temperature
    ranges, will catalyze electrostatic precipitator
    market size.
  • These products offer high efficiency capability
    to handle large gas volumes at extreme
    temperatures and also provide coal-fired power
    plants with a performance boost. Effective use of
    these products helps in preventing water soil
    acidification, respiratory or cardiovascular
    diseases, cancer and fertility problems, and
    ground level ozone. This will play a vital role
    in various heavy industries, such as steel mills,
    cement plants, and thermal power stations, over
    the forecast timeline.

3
Continue
  • The industry is predicted to witness potential
    opportunities owing to rising thermal power plant
    construction renovation across the globe. In
    addition, attributes offered by these systems,
    such as silent operation and high response time,
    catalyze the product demand.
  • Furthermore, its ability to eliminate the need
    for additional air compression systems helps in
    avoiding the auxiliary cost and this may
    positively impact electrostatic precipitator
    market share through 2024. The escalating need
    for reducing air pollution levels and stringent
    environmental norms could be a key reason for its
    penetration across developed and developing
    nations.

Inquire For Buying Industry Report_at_
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98
4
Research Methodology
For Customization as per your requirement please
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5
Products Insights
  • The cement manufacturing sector may exhibit high
    growth prospects owing to its swift
    implementation for minimizing greenhouse gas
    emissions such as hydrocarbons, Sox, NOx, and
    particulates from the industries. Rising RD
    investments to produce advanced solutions, such
    as fabric filters, to improve the product
    efficiency will offer a massive growth potential
    over the forecast timeline.
  • Wet electrostatic precipitators are the preferred
    technology owing to their substantial operational
    efficiency with saturated gas conditions and gas
    moisture. It can be designed as horizontal or
    vertical flow configurations based on the cost
    and arrangement required.

Request Detailed Table of contents of Industry
report_at_ https//www.gminsights.com/request-toc/upc
oming/798
6
Competitive Insights
  • Key players in the global electrostatic
    precipitator market include Babcock Wilcox.,
    Balcke-Durr, Alstom, Siemens, Trion, Total Air
    Pollution Control, and Clean Tunnel Air
    International. Rising focus on research and
    development while manufacturing superior products
    by industry players may offer a competitive edge
    over the forecast period.

Browse this full report_at_ https//www.gminsights.co
m/industry-analysis/electrostatic-precipitator-mar
ket
7
Regional Analysis
  • Asia pacific electrostatic precipitator market is
    predicted to experience a substantial growth
    owing to the rising demand for device
    installation in industrial boilers and other
    machinery.
  • China is expected to contribute a major industry
    share owing to the presence of a large number of
    manufacturing industries across the region.
    Furthermore, South Korea is likely to exhibit a
    massive growth potential owing to the rising
    consciousness regarding benefits offered by these
    devices.
  • U.S. electrostatic precipitator market share is
    forecast to witness consistent growth due to
    strict government policies for reducing
    environmental pollution throughout the region.
    Escalating industrial investments that focus on
    the improvisation of gas filtration efficiency in
    the U.S. will drive product demand from 2016 to
    2024.
  • The Europe electrostatic precipitator market size
    may witness moderate growth prospects due to
    decreasing industrial revenues in coal-fired
    generators as well as steel mills.


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https//www.gminsights.com/inquiry-before-buying/7
98
8

Latest Research Report On Electrostatic
Precipitator Market_at_ https//www.gminsights.com/i
ndustry-analysis/electrostatic-precipitator-market
Request detailed table of contents of
report_at_ https//www.gminsights.com/request-toc/up
coming/798 For Customization in this report
click_at_ https//www.gminsights.com/roc/798
9
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