Market Insights
Global
"Electrostatic
Precipitator Market" trend
analysis report 2020 aims to provide in-depth information about the
Electrostatic Precipitator industry with market overview, key trends, business
plans, and future prospects of the industry. 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.
Get Free Sample Copy of Electrostatic
Precipitator Market at: https://www.marketresearchfuture.com/sample_request/7161
Top
Drivers and Key Barriers
Huge
efforts are being given all around the world in order to curb the increasing
pollution level. Government initiatives are aimed at facilitating environment
safety. One instance of such an initiative is by the Environment Protection
Agency (EPA), with the main objective being the improvement as well as
maintenance of the air quality, which comes under the Clean Air Act, 1970. The
EPA has also come up with several programs that work on reducing pollution
levels. Such programs along with regulations and policies are helping the
electrostatic precipitator market size expand substantially all across the
globe.
Rapidly
expanding population, especially in urban areas and the mounting health
awareness is resulting in considerable market expansion. Rigid regulations
aimed at curbing the air pollution levels are working in favor of the
electrostatic precipitator market. A variety of industries has varying
efficiency requirements. The electrostatic precipitator efficiency depends on
its ability to gather dust from the flue gases. Its efficiency also depends on
the particle size of the aerosol, such as dust, mist, and others that need to
be collected. Based on these requirements, different industries are adopting
electrostatic precipitators with high quality and this is projected to benefit
the global market during the evaluation period. The efficient electrostatic
design needs to be flexible, temperature-wise, which also boosts its demand
across various industries.
Top
Companies
Top
companies that are inducing expansion of the worldwide Electrostatic
Precipitator Industry are
Babcock & Wilcox (US), Mitsubishi Hitachi Power Systems (Japan), Thermax
Global (India), AMEC Foster Wheeler (UK), Siemens AG (Germany), Trion (US),
Fujian Longking (China), Hamon Group (Belgium), Ducon Technologies (US),
General Electric (US), among others.
Electrostatic
Precipitator Market Segmentation
The
electrostatic precipitator market has been split into the segments of type,
component, and end-user.
With
respect to type, the market can be considered for dry ESP and wet ESP. The dry
ESP segment is leading the global market, as these types of electrostatic
precipitators enjoy high demand. The high demand is the result of their ability
to withstand high particulate volumes and high temperatures, low electricity
consumption along with their cost-effectiveness.
The
market, depending on the component, includes hardware, software & services.
The hardware segment is projected to gain the top spot in the market in the
years to come. The segment’s significant growth in the market is in response to
the rising demand for hardware component for manufacturing different types of
electrostatic precipitators.
The
end-users mentioned in the MRFR report include power, metals, cement,
chemicals, and others.
Regional
Analysis
Globally,
the emerging market in the Asia Pacific is expected to make a big splash in the
global ESP market. Government regulations in the rapidly developing economies
in the APAC are expected to drive the demand for electrostatic precipitators.
For example, Beijing has set a target to improve air quality by up to 80%. One
of the most heavily polluted cities in the world, Beijing's government has also
requested cement and steel plants to suspend or lower production to help
improve pollution levels. Consistent and frequent environmental inspections of
such plants by local authorities are also expected to drive the adoption of
ESP. On the whole, the Chinese government has been rigorously following a plan
to improve high pollution levels by incorporating changes into its 5-year-plan
till 2020.
Get Complete Report at: https://www.marketresearchfuture.com/reports/electrostatic-precipitator-market-7161
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.
Market Research Future
+1 646 845 9312
Email: sales@marketresearchfuture.com
No comments:
Post a Comment