Monday, 1 June 2020

Electrostatic Precipitator Market Segmentation, COVID – 19 Outbreak, Competitive Landscape and Industry Growth by 2023


An electrostatic precipitator (ESP) is a device which filters fine particles such as smoke and dust from flowing gas. ESP is particularly used in industrial applications to reduce air pollution. The global electrostatic precipitator market is predicted to witness market expansion at a CAGR of 4% during the assessment period. Market Research Future has surveyed the entirety of the market for its market report on the subject. Another vital application of ESP is as a filtration device in industries like chemical, power, and paper among others. Adapting to the recent novel COVID-19 pandemic, the impact of the COVID-19 on Electrostatic Precipitator Market is included in the present report.
Pollution control has become a priority in many urban areas of the world, and growing environmental consciousness has resulted in the implementation of increasingly stringent regulations. This is expected to impact the global electrostatic precipitator market in a positive manner to a large degree. Certain countries in the world have achieved incredibly high pollution rates due to industrialization, urbanization and the growth of the automotive industry among other reasons. Such countries are actively implementing stringent laws that support and encourage the adoption of ESPs.
Industry Highlights:
Electrostatic precipitator is a device used to remove the dust and ash particles with the exhaust gases of power plants. Electrostatic precipitator uses electrostatic charges to separate particles from a dirty gas stream. Moreover, it is designed to trap and remove the dust particles from the exhaust gas stream in the industries such as chemical, paper, and power, among others. The main types of electrostatic precipitators include plate-wire precipitator, flat plate precipitator, tubular precipitator, wet precipitator, and two-stage precipitator.
Competitive Landscape:
The key players of the 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.
Electrostatic Precipitator Market Segmentation
Global electrostatic precipitator market has been segmented based on type, component, end-user, and region. Based on type, the market has been classified into dry ESP and wet ESP. The dry ESP segment dominates the market as the growth of these types of electrostatic precipitators can be attributed to its ability to withstand high temperatures and high particulate volumes, low electricity consumption, and cost-effectiveness. 
Electrostatic Precipitator Regional Market Analysis:
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.
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
NOTE: Our team of researchers are studying Covid19 and its impact on various industry verticals and wherever required we will be considering covid19 footprints for a better analysis of markets and industries. Cordially get in touch for more details.

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