© 2016 Global Market Insights, Inc. USA. All Rights Reserved Global Electrostatic Precipitator Market to hit $8bn by 2024: Fractovia.org
© 2016 Global Market Insights, Inc. USA. All Rights Reserved The global Electrostatic Precipitator Market share report provides numbers for applications and regional segments of the industry covering historical as well as forecast data for decision makers. Increasing pollutant emissions have mandated the usage of ESPs in industries, thereby benefitting global electrostatic precipitator market. Growing environmental concerns regarding harmful pollutant and dust emissions have urged the government to implement stringent norms and directives to regulate toxic emissions, which in turn will significantly propel the industry trends. According to Global Market Insights, Inc., Electrostatic Precipitator Market is anticipated to be valued at more than USD 8 billion by 2024, increasing at a CAGR of 5% over ” Chemical and petrochemical applications covered more than 20% of global electrostatic precipitator market share in Petroleum products such as lubricants, LPG, asphalts, and diesel are increasingly used in petrochemical factories for various industrial applications. High demand for these products will augment electrostatic precipitator industry from chemical and petrochemical applications. Key Insights of Electrostatic Precipitator Market:
© 2016 Global Market Insights, Inc. USA. All Rights Reserved The ever-growing demand for uninterrupted power supply will positively influence ESP market size from power plant applications, which was worth more than USD 1 billion in Power plants emit high amounts of toxic pollutants that are harmful for the environment. Carbon, pollutants, and GHG emissions from power plants will necessitate the usage of ESPs in this sector. In addition, the adoption of government measures to curb these emissions will also complement industry growth. Technologically advanced products are being introduced in the manufacturing sector, in accordance with the changing consumer dynamics, which will boost ESP market from manufacturing applications. Electrostatic precipitator market from cement applications was worth more than USD 700 million in Cement applications contributed to more than 13% of the overall revenue share and is poised to witness a y-o-y growth of 4% over This growth rate can be attributed to the high spending on infrastructural development as well as the rising product demand across the commercial, industrial, and residential sectors. The presence of a huge number of manufacturing industries is also expected to augment China electrostatic precipitator industry, which contributed to more than 3% of the regional revenue share in Continued…
© 2016 Global Market Insights, Inc. USA. All Rights Reserved Europe electrostatic precipitator industry is likely to be driven by the rapid restoration of the current manufacturing sector. Given that the UK government has laid down strict norms towards the eradication of air pollution, UK electrostatic precipitator market will grow at a steep CAGR of more than 6% from 2016 to The implementation of colossal power projects is also bound to favor business growth. Germany ESP industry, worth more than USD 240 million in 2015, is slated to observe an exponential growth rate of more than 5% over U.S. held more than 60% of North America electrostatic precipitator market share in 2015, and is anticipated to record a revenue of more than USD 1 billion by High demand for renovating the existing infrastructural framework will contribute to the regional expansion. In addition, this region houses some of the most notable industry players, who are constantly striving to generate awareness pertaining to ESP system installation and upgradation. This will further fuel business growth in the region. Notable players operating in electrostatic precipitator industry include Blacke-Durr GmbH, Mitsubishi Heavy Industries Mechatronics Systems, GEECO Enercon Pvt. Ltd, Fujian Longking Co., Ltd., Trion Inc., Babcock & Wilcox Enterprises, Hamon Corporation, Siemens AG, Thermax Ltd., Clean Tunnel Air International AS, Total Air Pollution Control Pty. Ltd., and Ducon Technologies Inc. Continued…
© 2016 Global Market Insights, Inc. USA. All Rights Reserved U.S. Electrostatic Precipitators (ESP) Market Size, by application (USD Million)
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© 2016 Global Market Insights, Inc. USA. All Rights Reserved Chapter 1 Methodology & Scope 1.1 Research Methodology Initial data exploration Statistical model and forecast Industry insights and validation Research scope and assumptions 1.2 Data Sources Secondary Primary Chapter 2 Executive Summary 2.1 Electrostatic Precipitators industry 3600 synopsis, Current business environment Product trends Application trends Regional trends Table of Contents:
© 2016 Global Market Insights, Inc. USA. All Rights Reserved Chapter 3 Electrostatic Precipitators Industry Insights 3.1 Industry segmentation 3.2 Industry Size and forecast, 2013 – Industry ecosystem analysis 3.4 Vendor matrix 3.5 Innovation & sustainability 3.6 Regulatory framework U.S Europe China Continued…
© 2016 Global Market Insights, Inc. USA. All Rights Reserved Electrostatic Precipitators Industry Impact forces Growth drivers Replacement and upgradation of existing electrostatic precipitator systems Huge potential in power plants for reducing SO3 emissions Emerging markets in Asia Pacific Industry pitfalls & challenges Increasing popularity of fabric filters 3.8 Growth potential analysis 3.9 Porter’s analysis 3.10 Competitive landscape, PESTEL analysis Continued…
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