Electrostatic Precipitator Market deployed at cement industry to grow at 4% CAGR from 2016 to 2024

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Global Electrostatic Precipitator Market to hit
8bn by 2024 Fractovia.org
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Key Insights of Electrostatic Precipitator
Market

• The global Electrostatic Precipitator Market
  share report provides numbers for applications
  and regional segments of the industry covering
  historical as well as forecast data for decision
  makers.
• Increasing pollutant emissions have mandated the
  usage of ESPs in industries, thereby benefitting
  global electrostatic precipitator market. Growing
  environmental concerns regarding harmful
  pollutant and dust emissions have urged the
  government to implement stringent norms and
  directives to regulate toxic emissions, which in
  turn will significantly propel the industry
  trends. According to Global Market Insights,
  Inc., Electrostatic Precipitator Market is
  anticipated to be valued at more than USD 8
  billion by 2024, increasing at a CAGR of 5 over
  2016-2024.
• Chemical and petrochemical applications covered
  more than 20 of global electrostatic
  precipitator market share in 2015. Petroleum
  products such as lubricants, LPG, asphalts, and
  diesel are increasingly used in petrochemical
  factories for various industrial applications.
  High demand for these products will augment
  electrostatic precipitator industry from chemical
  and petrochemical applications.

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Continued

• The ever-growing demand for uninterrupted power
  supply will positively influence ESP market size
  from power plant applications, which was worth
  more than USD 1 billion in 2015. Power plants
  emit high amounts of toxic pollutants that are
  harmful for the environment. Carbon, pollutants,
  and GHG emissions from power plants will
  necessitate the usage of ESPs in this sector. In
  addition, the adoption of government measures to
  curb these emissions will also complement
  industry growth.
• Technologically advanced products are being
  introduced in the manufacturing sector, in
  accordance with the changing consumer dynamics,
  which will boost ESP market from manufacturing
  applications.
• Electrostatic precipitator market from cement
  applications was worth more than USD 700 million
  in 2015. Cement applications contributed to more
  than 13 of the overall revenue share and is
  poised to witness a y-o-y growth of 4 over
  2016-2024. This growth rate can be attributed to
  the high spending on infrastructural development
  as well as the rising product demand across the
  commercial, industrial, and residential sectors.
• The presence of a huge number of manufacturing
  industries is also expected to augment China
  electrostatic precipitator industry, which
  contributed to more than 3 of the regional
  revenue share in 2015.

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Continued

• Europe electrostatic precipitator industry is
  likely to be driven by the rapid restoration of
  the current manufacturing sector. Given that the
  UK government has laid down strict norms towards
  the eradication of air pollution, UK
  electrostatic precipitator market will grow at a
  steep CAGR of more than 6 from 2016 to 2024. The
  implementation of colossal power projects is also
  bound to favor business growth. Germany ESP
  industry, worth more than USD 240 million in
  2015, is slated to observe an exponential growth
  rate of more than 5 over 2016-2024.
• U.S. held more than 60 of North America
  electrostatic precipitator market share in 2015,
  and is anticipated to record a revenue of more
  than USD 1 billion by 2024. High demand for
  renovating the existing infrastructural framework
  will contribute to the regional expansion. In
  addition, this region houses some of the most
  notable industry players, who are constantly
  striving to generate awareness pertaining to ESP
  system installation and upgradation. This will
  further fuel business growth in the region.
• Notable players operating in electrostatic
  precipitator industry include Blacke-Durr GmbH,
  Mitsubishi Heavy Industries Mechatronics Systems,
  GEECO Enercon Pvt. Ltd, Fujian Longking Co.,
  Ltd., Trion Inc., Babcock Wilcox Enterprises,
  Hamon Corporation, Siemens AG, Thermax Ltd.,
  Clean Tunnel Air International AS, Total Air
  Pollution Control Pty. Ltd., and Ducon
  Technologies Inc.

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U.S. Electrostatic Precipitators (ESP) Market
Size, by application 2013-2024 (USD Million)

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Table of Contents
Chapter 1 Methodology Scope 1.1
Research Methodology 1.1.1 Initial data
exploration 1.1.2 Statistical model and
forecast 1.1.3 Industry insights and
validation 1.1.4 Research scope and
assumptions 1.2 Data Sources 1.2.1.
Secondary 1.2.2. Primary Chapter 2
Executive Summary 2.1 Electrostatic
Precipitators industry 3600 synopsis, 2013 -
2024 2.1.1 Current business environment 2.1.2
Product trends 2.1.3 Application
trends 2.1.4 Regional trends
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Continued
Chapter 3 Electrostatic Precipitators
Industry Insights 3.1 Industry
segmentation 3.2 Industry Size and forecast,
2013 2024 3.3 Industry ecosystem
analysis 3.4 Vendor matrix 3.5 Innovation
sustainability 3.6 Regulatory framework 3.6.1
U.S. 3.6.2 Europe 3.6.3 China
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Continued
3.7 Electrostatic Precipitators Industry
Impact forces 3.7.1 Growth drivers 3.7.1.1
Replacement and upgradation of existing
electrostatic precipitator systems 3.7.1.2 Huge
potential in power plants for reducing SO3
emissions 3.7.1.3 Emerging markets in Asia
Pacific 3.7.2 Industry pitfalls
challenges 3.7.2.1 Increasing popularity of
fabric filters 3.8 Growth potential
analysis 3.9 Porters analysis 3.10
Competitive landscape, 2015 3.11 PESTEL analysis
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