Electrostatic precipitators market is growing at a significant CAGR of 4.2% owing to its increasing application in various industry verticals such as power and electricity, cement, power plants along with many others. Electrostatic precipitators are the devices used to remove fine particulate matter from the exhaust gases with the help of electrostatic force. The rising demand or electrostatic precipitator from heavy industries such as steel mills and cement plants to remove particulate matter from gases at high temperature tends to drive the electrostatic precipitators market growth. The increasing environmental concerns among the population along with health issues increases the demand for better air quality and air pollution control systems.

The rapid industrialization and urbanization have contributed significantly towards air pollution in urban areas which tend to drive the market share of the electrostatic precipitator. For instance, according to the WHO report 2018, ambient air accounts for an estimated 4.2 million deaths per year as a result of stroke, heart disease, lung cancer, and chronic respiratory diseases. Additionally, around 91% of the global population lives where the air quality levels exceed the WHO limit. Increasing demand for electrostatic precipitator from coal-fired and gas-based power plants coupled with stringent government regulation to filter out the exhaust gases tends to drive the electrostatic precipitator industry. Increasing health awareness among the global population towards the various diseases caused by air pollution has surged the demand for electrostatic precipitators.

Segmental Outlook

The electrostatic precipitator market is segmented on the basis of type and end-user. Based on the type, the market is segmented into dry electrostatic precipitator and wet electrostatic precipitator. Based on end-user, the electrostatic precipitator market is segmented into power and electricity industry, metal industry, cement industry, and chemical industry, and other industries.

Electrostatic Precipitator Market Share by End-User, 2018(%)

The dry electrostatic precipitator segment is projected to have a significant share in the electrostatic precipitator market

The dry segment is expected to register significant share over the forecast period owing to increasing demand from cement, power generation, and coal-fired power plants to filter out exhaust gases. A dry electrostatic precipitator is used to collect pollutants especially ash of cement in the dry state from the stream of air. The particles of air are charged by ionization so that they become electrically charged. The particles from exhaust gases are filtered out by hammering the electrodes. A dry electrostatic precipitator is used to remove dirt from flue gases in thermal power plants. Dry electrostatic precipitator can be categorized into two parts depending on the method for removing the collected dust, fixed-electro type and moving electro-type. In the fixed-electrode type, the dust particles are removed by the collecting plate rapping device. In moving-electrode type, the collecting plates are divided into short strips which are joined by chains and the plates are moved slowly.

Power and electricity industry segment shows significant growth in the electrostatic precipitator market

Power and electricity segment is expected to register significant growth rate over the forecast period owing to the stringent government regulations for power plant operators to meet the federal guidelines regarding the release of particulate matter. According to the central pollution control board, Greenpeace India coal-based power plants are the major source of pollution in India with over 300 coal thermal power plants still violation emission standards which could have prevented around 76,000 premature deaths. Increasing health concerns among the population have forced the adoption of electrostatic precipitator among power plants for air filtration.

Regional Outlook

Moreover, the electrostatic precipitator market further classified based on geography including North America, Europe, Asia-Pacific and Rest of the World (RoW). Asia-Pacific region is expected to register considerable growth over the forecast period owing to the increased level of air pollution in the region. For instance, in India 140 million people breathe approximately 10 times more polluted air over the WHO safe limit. Rising construction activities in the region, increasing demand for power generation in emerging economies tend to accelerate the demand for electrostatic precipitator market.

Electrostatic Precipitator Market Growth, by Region 2019-2025

Market Players Outlook

The major players that contribute to the growth of the electrostatic precipitator market include Babcock & Wilcox Enterprises, Inc., Siemens AG, Thermax Ltd., General Electric Co., Mitsubishi Hitachi Power Systems Environmental Solutions, Ltd., and others. These market players are contributing to the market by adopting various market approaches including product launch & approvals, merger & acquisition, partnerships collaborations, and others for gaining a strong position in the market.

Recent Developments

• In May 2017, Bionomic Industries, Inc., manufacturer of proven air pollution abatement, product and heat recovery technologies, has launched HEI wet electrostatic precipitator system. The HEI wet electrostatic precipitator system uses a discharge electrode technology which can be sized to specific applications.

The Report Covers

• Market value data analysis of 2018 and forecast to 2025.
• Annualized market revenues ($ million) for each market segment.
• Country-wise analysis of major geographical regions.
• Key companies operating in the global electrostatic precipitator market. Based on the availability of data, information related to pipeline products, and relevant news is also available in the report.
• Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
• Analysis of market-entry and market expansion strategies.
• Competitive strategies by identifying ‘who-stands-where’ in the market.