The Global Electrostatic Precipitator Market is Forecast to Grow at a CAGR of 3.3% During 2018-2025 - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Nov 9, 2018--The “Electrostatic Precipitator Market Size, Share & Trends Analysis Report by Technology (Dry, Wet), By Application (Chemical, Metal, Power Generation, Manufacturing, Cement), And Segment Forecasts, 2018 - 2025” report has been added to ResearchAndMarkets.com’s offering.
The global electrostatic precipitator market size is projected to be valued at USD 14.97 billion by 2025. It is anticipated to expand at a CAGR of 3.3% over the forecast period. Rising consumer awareness, inclination towards healthy lifestyle, and rise in air pollution are expected to drive the market growth.
Rising adoption of air pollution control equipment, coupled with stringent government regulations, is expected to boost the global electrostatic precipitator market by 2025. Industrialization of energy and manufacturing industries is predicted to further enhance business growth over the forecast period.
Increasing investments and technological advancements are expected to encourage expansion of the market for electrostatic precipitator in the forthcoming years. Critical air pollution level caused by vehicles and industries coupled with high demand for pollution controlling equipment in developing countries such as India and China are anticipated to spur market growth over the forecast period.
The power generation segment is expected to expand at a CAGR of 4.2% over the forecast period. High dependency on electricity in automotive backed up with industrial automation is expected to boosts demand for power generation application in near future. Power generation industry has witnessed drastic change in processes as majority of the industrial players opted for renewable energy sources such as wind, natural gas, solar etc.
In terms of technology, the dry type electrostatic precipitator was valued at USD 9.66 billion in 2017 and is predicted to witness robust growth over the forecast period. High adoption coupled with government policies and regulations is projected to encourage market growth over the forecast period.
Key Topics Covered
Chapter 1 Methodology and Scope
Chapter 2 Executive Summary
Chapter 3 Market Variables, Trends & Scope
Chapter 4 Electrostatic Precipitator Market: Application Estimates & Trend Analysis
Chapter 5 Electrostatic Precipitator Market: Technology Estimates & Trend Analysis
Chapter 6 Electrostatic Precipitator Market: Regional Estimates & Trend Analysis
Chapter 7 Competitive Landscape
Chapter 8 Company ProfilesBabcock & Wilcox Enterprises, Inc. Mutares AG. ELEX AG FLsmidth & Co. A/S Feida Group Company Limited KC Cottrell Co., Ltd. Hamon Group Beltran Technologies Inc. Wood Group Southern Erectors, Inc. Tianjie Group Co. Ltd. Mitsubishi Hitachi Power Systems, Ltd. Fujian Longking Co., Ltd. Siemens Aktiengesellschaft Thermax Limited.
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Related Topics:Air Purification
INDUSTRY KEYWORD: HOME GOODS RETAIL
SOURCE: Research and Markets
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PUB: 11/09/2018 07:36 AM/DISC: 11/09/2018 07:35 AM