Market Overview:
The global electrostatic precipitator market grew at a CAGR of 4% during 2015-2020. An electrostatic precipitator (ESP) refers to a filtration device that aids in removing harmful particles by using electrostatic induction. Some of the common product variants include dry ESP and wet ESP. These devices offer numerous advantages over the conventional industrial filters, including higher efficiency in pollutant removal, collection of wet impurities, lower operating and maintenance costs, better durability, etc. As a result, electrostatic precipitators are widely installed across diverse industries, such as power generation, metal processing, mining, marine, chemicals, etc.
The rising environmental concerns towards the high emissions of various air pollutants, including NOx, SO2, dust particles, acid mists, etc., are primarily driving the market for electrostatic precipitators. Furthermore, the implementation of stringent regulations by the various government bodies for improving and maintaining the air quality is also propelling the market growth. In line with this, the increasing penetration of Industry 4.0 trends along with the introduction of various green policies for mitigating industrial hazards is further bolstering the demand for electrostatic precipitators. Moreover, several regulatory bodies are also launching labor safety standards for protecting the workforce against harmful emissions of chemical gases and fumes from industrial activities, thereby augmenting the market growth. Apart from this, the continuous upgradation of conventional filtration devices with advanced electrostatic precipitators as an essential pollution control equipment across diverse industries is also catalyzing the market growth. Additionally, the rising integration of remote sensing technologies with electrostatic precipitators to install pollution control units in remote areas is further propelling the market growth. In the coming years, the increasing investments in extensive R&D activities for introducing energy-efficient product variants will continue to drive the market growth for electrostatic precipitators. Looking forward, IMARC Group expects the global electrostatic precipitator market to exhibit moderate growth during the next five years.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global electrostatic precipitator market report, along with forecasts for growth at the global, regional and country level from 2021-2026. Our report has categorized the market based on region, technology, design and application.
Breakup by Technology:
Breakup by Design:
Breakup by Application:
- Chemicals and Petrochemicals
- Metal Processing
- Power Generation
- Iron and Steel Manufacturing
- Cement Manufacturing
- Others
Breakup by Region:
- North America
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined with some of the key players being Babcock & Wilcox Enterprises Inc., Bharat Heavy Electricals Limited, ELEX AG, Fujian Longking Co. Ltd., FLsmidth & Co. A/S, Hamon & Cie international SA, John Wood Group PLC, Mitsubishi Hitachi Power Systems Ltd. (Mitsubishi Heavy Industries), Siemens Aktiengesellschaft and Thermax Limited (RDA Holdings Private Limited).
Key Questions Answered in This Report:
- How has the global electrostatic precipitator market performed so far and how will it perform in the coming years?
- What is the impact of COVID-19 on global electrostatic precipitator market?
- What are the key regional markets?
- What is the breakup of the market based on the technology?
- What is the breakup of the market based on the design?
- What is the breakup of the market based on the application?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the market?
- What is the structure of the global electrostatic precipitator market and who are the key players?
- What is the degree of competition in the market?
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Electrostatic Precipitator Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Technology
6.1 Dry ESP
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Wet ESP
6.2.1 Market Trends
6.2.2 Market Forecast
7 Market Breakup by Design
7.1 Plates
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Tabular
7.2.1 Market Trends
7.2.2 Market Forecast
8 Market Breakup by Application
8.1 Chemicals and Petrochemicals
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Metal Processing
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Power Generation
8.3.1 Market Trends
8.3.2 Market Forecast
8.4 Iron and Steel Manufacturing
8.4.1 Market Trends
8.4.2 Market Forecast
8.5 Cement Manufacturing
8.5.1 Market Trends
8.5.2 Market Forecast
8.6 Others
8.6.1 Market Trends
8.6.2 Market Forecast
9 Market Breakup by Region
9.1 North America
9.1.1 United States
9.1.1.1 Market Trends
9.1.1.2 Market Forecast
9.1.2 Canada
9.1.2.1 Market Trends
9.1.2.2 Market Forecast
9.2 Asia Pacific
9.2.1 China
9.2.1.1 Market Trends
9.2.1.2 Market Forecast
9.2.2 Japan
9.2.2.1 Market Trends
9.2.2.2 Market Forecast
9.2.3 India
9.2.3.1 Market Trends
9.2.3.2 Market Forecast
9.2.4 South Korea
9.2.4.1 Market Trends
9.2.4.2 Market Forecast
9.2.5 Australia
9.2.5.1 Market Trends
9.2.5.2 Market Forecast
9.2.6 Indonesia
9.2.6.1 Market Trends
9.2.6.2 Market Forecast
9.2.7 Others
9.2.7.1 Market Trends
9.2.7.2 Market Forecast
9.3 Europe
9.3.1 Germany
9.3.1.1 Market Trends
9.3.1.2 Market Forecast
9.3.2 France
9.3.2.1 Market Trends
9.3.2.2 Market Forecast
9.3.3 United Kingdom
9.3.3.1 Market Trends
9.3.3.2 Market Forecast
9.3.4 Italy
9.3.4.1 Market Trends
9.3.4.2 Market Forecast
9.3.5 Spain
9.3.5.1 Market Trends
9.3.5.2 Market Forecast
9.3.6 Russia
9.3.6.1 Market Trends
9.3.6.2 Market Forecast
9.3.7 Others
9.3.7.1 Market Trends
9.3.7.2 Market Forecast
9.4 Latin America
9.4.1 Brazil
9.4.1.1 Market Trends
9.4.1.2 Market Forecast
9.4.2 Mexico
9.4.2.1 Market Trends
9.4.2.2 Market Forecast
9.4.3 Others
9.4.3.1 Market Trends
9.4.3.2 Market Forecast
9.5 Middle East and Africa
9.5.1 Market Trends
9.5.2 Market Breakup by Country
9.5.3 Market Forecast
10 SWOT Analysis
10.1 Overview
10.2 Strengths
10.3 Weaknesses
10.4 Opportunities
10.5 Threats
11 Value Chain Analysis
12 Porters Five Forces Analysis
12.1 Overview
12.2 Bargaining Power of Buyers
12.3 Bargaining Power of Suppliers
12.4 Degree of Competition
12.5 Threat of New Entrants
12.6 Threat of Substitutes
13 Competitive Landscape
13.1 Market Structure
13.2 Key Players
13.3 Profiles of Key Players
13.3.1 Babcock & Wilcox Enterprises Inc.
13.3.1.1 Company Overview
13.3.1.2 Product Portfolio
13.3.1.3 Financials
13.3.2 Bharat Heavy Electricals Limited.
13.3.2.1 Company Overview
13.3.2.2 Product Portfolio
13.3.2.3 Financial
13.3.2.4 SWOT Analysis
13.3.3 ELEX AG
13.3.3.1 Company Overview
13.3.3.2 Product Portfolio
13.3.4 Fujian Longking Co. Ltd.
13.3.4.1 Company Overview
13.3.4.2 Product Portfolio
13.3.4.3 Financials
13.3.5 FLsmidth & Co. A/S
13.3.5.1 Company Overview
13.3.5.2 Product Portfolio
13.3.5.3 Financials
13.3.5.4 SWOT Analysis
13.3.6 Hamon & Cie international SA
13.3.6.1 Company Overview
13.3.6.2 Product Portfolio
13.3.6.3 Financials
13.3.7 John Wood Group PLC
13.3.7.1 Company Overview
13.3.7.2 Product Portfolio
13.3.7.3 Financials
13.3.7.4 SWOT Analysis
13.3.8 Mitsubishi Hitachi Power Systems Ltd. (Mitsubishi Heavy Industries)
13.3.8.1 Company Overview
13.3.8.2 Product Portfolio
13.3.8.3 Financials
13.3.8.4 SWOT Analysis
13.3.9 Siemens Aktiengesellschaft.
13.3.9.1 Company Overview
13.3.9.2 Product Portfolio
13.3.9.3 Financials
13.3.9.4 SWOT Analysis
13.3.10 Thermax Limited (RDA Holdings Private Limited)
13.3.10.1 Company Overview
13.3.10.2 Product Portfolio
13.3.10.3 Financials
List of Figures
Figure 1: Global: Electrostatic Precipitator Market: Major Drivers and Challenges
Figure 2: Global: Electrostatic Precipitator Market: Sales Value (in Billion US$), 2015-2020
Figure 3: Global: Electrostatic Precipitator Market: Breakup by Technology (in %), 2020
Figure 4: Global: Electrostatic Precipitator Market: Breakup by Design (in %), 2020
Figure 5: Global: Electrostatic Precipitator Market: Breakup by Application (in %), 2020
Figure 6: Global: Electrostatic Precipitator Market: Breakup by Region (in %), 2020
Figure 7: Global: Electrostatic Precipitator Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 8: Global: Electrostatic Precipitator (Dry ESP) Market: Sales Value (in Billion US$), 2015 & 2020
Figure 9: Global: Electrostatic Precipitator (Dry ESP) Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 10: Global: Electrostatic Precipitator (Wet ESP) Market: Sales Value (in Billion US$), 2015 & 2020
Figure 11: Global: Electrostatic Precipitator (Wet ESP) Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 12: Global: Electrostatic Precipitator (Plates) Market: Sales Value (in Billion US$), 2015 & 2020
Figure 13: Global: Electrostatic Precipitator (Plates) Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 14: Global: Electrostatic Precipitator (Tabular) Market: Sales Value (in Billion US$), 2015 & 2020
Figure 15: Global: Electrostatic Precipitator (Tabular) Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 16: Global: Electrostatic Precipitator (Chemicals and Petrochemicals) Market: Sales Value (in Billion US$), 2015 & 2020
Figure 17: Global: Electrostatic Precipitator (Chemicals and Petrochemicals) Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 18: Global: Electrostatic Precipitator (Metal Processing) Market: Sales Value (in Billion US$), 2015 & 2020
Figure 19: Global: Electrostatic Precipitator (Metal Processing) Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 20: Global: Electrostatic Precipitator (Power Generation) Market: Sales Value (in Billion US$), 2015 & 2020
Figure 21: Global: Electrostatic Precipitator (Power Generation) Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 22: Global: Electrostatic Precipitator (Iron and Steel Manufacturing) Market: Sales Value (in Billion US$), 2015 & 2020
Figure 23: Global: Electrostatic Precipitator (Iron and Steel Manufacturing) Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 24: Global: Electrostatic Precipitator (Cement Manufacturing) Market: Sales Value (in Billion US$), 2015 & 2020
Figure 25: Global: Electrostatic Precipitator (Cement Manufacturing) Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 26: Global: Electrostatic Precipitator (Other Applications) Market: Sales Value (in Billion US$), 2015 & 2020
Figure 27: Global: Electrostatic Precipitator (Other Applications) Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 28: North America: Electrostatic Precipitator Market: Sales Value (in Billion US$), 2015 & 2020
Figure 29: North America: Electrostatic Precipitator Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 30: United States: Electrostatic Precipitator Market: Sales Value (in Billion US$), 2015 & 2020
Figure 31: United States: Electrostatic Precipitator Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 32: Canada: Electrostatic Precipitator Market: Sales Value (in Billion US$), 2015 & 2020
Figure 33: Canada: Electrostatic Precipitator Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 34: Asia Pacific: Electrostatic Precipitator Market: Sales Value (in Billion US$), 2015 & 2020
Figure 35: Asia Pacific: Electrostatic Precipitator Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 36: China: Electrostatic Precipitator Market: Sales Value (in Billion US$), 2015 & 2020
Figure 37: China: Electrostatic Precipitator Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 38: Japan: Electrostatic Precipitator Market: Sales Value (in Billion US$), 2015 & 2020
Figure 39: Japan: Electrostatic Precipitator Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 40: India: Electrostatic Precipitator Market: Sales Value (in Billion US$), 2015 & 2020
Figure 41: India: Electrostatic Precipitator Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 42: South Korea: Electrostatic Precipitator Market: Sales Value (in Billion US$), 2015 & 2020
Figure 43: South Korea: Electrostatic Precipitator Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 44: Australia: Electrostatic Precipitator Market: Sales Value (in Billion US$), 2015 & 2020
Figure 45: Australia: Electrostatic Precipitator Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 46: Indonesia: Electrostatic Precipitator Market: Sales Value (in Billion US$), 2015 & 2020
Figure 47: Indonesia: Electrostatic Precipitator Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 48: Others: Electrostatic Precipitator Market: Sales Value (in Billion US$), 2015 & 2020
Figure 49: Others: Electrostatic Precipitator Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 50: Europe: Electrostatic Precipitator Market: Sales Value (in Billion US$), 2015 & 2020
Figure 51: Europe: Electrostatic Precipitator Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 52: Germany: Electrostatic Precipitator Market: Sales Value (in Billion US$), 2015 & 2020
Figure 53: Germany: Electrostatic Precipitator Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 54: France: Electrostatic Precipitator Market: Sales Value (in Billion US$), 2015 & 2020
Figure 55: France: Electrostatic Precipitator Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 56: United Kingdom: Electrostatic Precipitator Market: Sales Value (in Billion US$), 2015 & 2020
Figure 57: United Kingdom: Electrostatic Precipitator Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 58: Italy: Electrostatic Precipitator Market: Sales Value (in Billion US$), 2015 & 2020
Figure 59: Italy: Electrostatic Precipitator Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 60: Spain: Electrostatic Precipitator Market: Sales Value (in Billion US$), 2015 & 2020
Figure 61: Spain: Electrostatic Precipitator Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 62: Russia: Electrostatic Precipitator Market: Sales Value (in Billion US$), 2015 & 2020
Figure 63: Russia: Electrostatic Precipitator Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 64: Others: Electrostatic Precipitator Market: Sales Value (in Billion US$), 2015 & 2020
Figure 65: Others: Electrostatic Precipitator Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 66: Latin America: Electrostatic Precipitator Market: Sales Value (in Billion US$), 2015 & 2020
Figure 67: Latin America: Electrostatic Precipitator Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 68: Brazil: Electrostatic Precipitator Market: Sales Value (in Billion US$), 2015 & 2020
Figure 69: Brazil: Electrostatic Precipitator Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 70: Mexico: Electrostatic Precipitator Market: Sales Value (in Billion US$), 2015 & 2020
Figure 71: Mexico: Electrostatic Precipitator Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 72: Others: Electrostatic Precipitator Market: Sales Value (in Billion US$), 2015 & 2020
Figure 73: Others: Electrostatic Precipitator Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 74: Middle East and Africa: Electrostatic Precipitator Market: Sales Value (in Billion US$), 2015 & 2020
Figure 75: Middle East and Africa: Electrostatic Precipitator Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 76: Global: Electrostatic Precipitator Industry: SWOT Analysis
Figure 77: Global: Electrostatic Precipitator Industry: Value Chain Analysis
Figure 78: Global: Electrostatic Precipitator Industry: Porter’s Five Forces Analysis
List of Tables
Table 1: Global: Electrostatic Precipitator Market: Key Industry Highlights, 2020 and 2026
Table 2: Global: Electrostatic Precipitator Market Forecast: Breakup by Technology (in Billion US$), 2021-2026
Table 3: Global: Electrostatic Precipitator Market Forecast: Breakup by Design (in Billion US$), 2021-2026
Table 4: Global: Electrostatic Precipitator Market Forecast: Breakup by Application (in Billion US$), 2021-2026
Table 5: Global: Electrostatic Precipitator Market Forecast: Breakup by Region (in Billion US$), 2021-2026
Table 6: Global: Electrostatic Precipitator Market: Competitive Structure
Table 7: Global: Electrostatic Precipitator Market: Key Players