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_
https//www.gminsights.com/inquiry-before-buying/7
98
4
Research Methodology
For Customization as per your requirement please
click_at_ https//www.gminsights.com/roc/798
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.

Inquire For Buying Industry Report_at_
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
Stay In Touch You can visit us at
www.gminsights.com
Thank You