Electrostatic Precipitator Market deployed at cement industry to grow at 4% CAGR from 2016 to 2024 - PowerPoint PPT Presentation

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

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More Information @ Power plant applications were valued at over USD 1 billion in 2015. Increasing electricity demand from developing counties will favor the business growth. It is one of the highest pollutant emitting industry where several measures have been adopted to control the emission. Chemical and petrochemical industry application contributed over 20% of global electrostatic precipitator market size in 2015. Growing demand for refined petroleum products such as diesel, lubricant, asphalt and LPG may further compliment the industry outlook. – PowerPoint PPT presentation

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


1
Global Electrostatic Precipitator Market to hit
8bn by 2024 Fractovia.org
2
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.

3
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.

4
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.

5
U.S. Electrostatic Precipitators (ESP) Market
Size, by application 2013-2024 (USD Million)

6

Browse Full Market Research Report Of
Electrostatic Precipitators Market _at_
http//bit.ly/2r3pRwb Request for a Sample of
this Research report _at_ https//www.fractovia.org/
request-sample/368
7
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
8
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
9
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
10
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