The
Global Electrostatic Precipitator Market is estimated to expand at ~4.00% CAGR
during the forecast period. Electrostatic precipitator
is a particle control device used in industries in order to minimize air
pollution. It uses electrical forces to move the particles out of the flowing
gas stream and onto collector plates. The electrostatic precipitator works on
electrostatic attraction function and can handle large gas volumes with a range
of inlet temperatures, dust volumes, pressures, and acid gas conditions. It can
also collect particles of varying sizes in dry as well as wet states. There are
various component of an electrostatic precipitator including inlet, insulator
chamber, collecting rapping, inspection door, screw conveyor, rapper drive
station, among others.
The global Electrostatic Precipitator market is
projected to grow at a moderate growth rate during the forecast period, mainly
due to growing environmental concerns. For instance, in October 2016, Manila
Declaration on Health and Environment was signed in order to commit and take
the action to address environment and health in the context of the sustainable
development goals. All these factors are likely to drive the demand for
Electrostatic Precipitator.
The
growing demand for electrostatic precipitator is attributed to growth in
coal-fired power plants and growing environmental concerns. Moreover,
tightening air pollution control regulations is also driving the market for
electrostatic precipitator. One of the major restraints of the electrostatic
precipitator is high deployment cost which can hinder the market.
Key Plyers:
The key players of global Electrostatic Precipitator
market are Siemens AG (Germany), General Electric (US), Mitsubishi Hitachi
Power Systems (Japan), Babcock & Wilcox (US), AMEC Foster Wheeler (UK),
Thermax Global (India), Ducon Technologies (US), Fujian Longking (China), Hamon
Group (Belgium), and Trion (US), among others.
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Industry
Segmentation:
The
market for electrostatic precipitator is segmented based on end-user as power,
metals, cement, chemicals, and others. The power segment dominates the market due
the fact that the electrostatic precipitator are used in many power companies
across the globe owing to the advantages offered by these precipitators such as
improved particulate collection efficiency, better performance, and ability to
handle large quantities of fly ash effectively.
Regional Outlook:
Region
wise, Asia-Pacific held the largest market share of the global Electrostatic
Precipitator market in 2017. Increasing air pollution due to particulate
emission, growing industrialization, and presence of many thermal power plants
will drive the demand for electrostatic precipitator in Asia-Pacific region.
Moreover, increasing implementation of electrostatic precipitators in
industries such as steel, cement, and chemical in the Asian region is also
going to drive the market for electrostatic precipitator.
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