Global electrostatic precipitator market is expected to grow over the forecast period owing to its increasing demand in thermal power plants. Electrostatic precipitator is a precipitation device used to remove fine particles such as dust and smoke from flowing gas through an electrostatic force. Its growing requirement in heavy industries such as cement plants and steel mills owing to its high collection efficiency is anticipated to be a key factor driving the global industry growth. Electrostatic precipitator is extensively used in power generation. Electrostatic precipitator enhances combustion process in coal fired power plants and also reduces particulate concentration released from industrial stacks. Moreover, these precipitators also act as conditioning systems for flue gases and fly ash produced during combustion processes. These potential applications are predicted to complement electrostatic precipitator market growth over the forecast horizon. Increasing government regulation to reduce green house gas emissions is predicted to have a favorable impact on the global electrostatic precipitator demand. The U.S. EPA has devised various emission limits and regulatory guidelines pertaining to ESP usage in coal-fired boilers. Such guidelines are aimed at primarily reducing GHG emissions from coal fired power generation plants. Increasing investment on R&D activities in energy & power sector has witnessed precipitator market shift towards advanced technology and monitoring systems development. Electrostatic precipitator is sensitive to captured dust particles and hence cannot work efficiently under stringent regulatory standards requiring very low emission levels. R&D aimed at developing fabric filters in ESPs in order to improve efficiency at par with regulatory norms is expected to drive product innovation in the global market, thus increasing competitiveness among companies. Electrostatic precipitator is being utilized to meet the demand for better air quality, safe & healthy environment and air pollution control. Increasing thermal power generation is expected to open many lucrative opportunities for electrostatic precipitator market participants in the upcoming years in terms of application scope. Existing power plant renovation and subsequent newer technology adoption in developed as well as emerging economies are anticipated to foster the global electrostatic precipitator market over the forecast period.
On the basis of types electrostatic precipitator market can be broadly segmented into wet and dry precipitators. Electrostatic precipitators can also be classified on the basis of designs depending on end-use applications such as removing smoke from air in pubs and air borne dust in workplace. Electrostatic precipitator‘s technological classification is done depending on external gases volume and characteristics of particulate matter involved. Based on end-use industries electrostatic precipitator market can be classified into power & electricity, cement, chemicals, metal and paper.
Asia Pacific is expected to emerge as the leading region with majority electrostatic precipitator demand driven by China. Increasing precipitator installation on industrial boilers and other sources in China as well as increasing power plant construction in Japan are expected to drive Asia Pacific electrostatic precipitator market. Increasing spending on coal fired power plants in India is further expected to complement Asia Pacific market growth over the forecast period. North America electrostatic precipitator market is anticipated to witness rapid growth over the forecast horizon owing to stringent government policies to reduce emission. High industrial spending aimed at improving efficiency of gas filtration, particularly in U.S., is projected to complement the above stated trend. Europe electrostatic precipitator market is projected to witness an average growth due to low industrial output in steel mills and coal fired generators.
Global electrostatic precipitator market is fragmented with major players vying for leadership position. The companies are undertaking various strategies such as R&D, technological advancements and product innovation to increase presence in the global market. Companies such as GEECO Enercon Pvt. Ltd. have been heavily investing in R&D towards increasing filtration efficiency. Key players operating in the global industry include Alstom SA, The Babcock & Wilcox Co., Blacke-Durr GmbH, Trion Inc., Siemens AG, Total Air Pollution Control Pty. Ltd. and Clean Tunnel Air International AS
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