Europe Electrostatic Precipitator Market – Industry Trends and Forecast to 2030

Europe Electrostatic Precipitator Market, By Design (Plate and Tubular), Type (Dry ESP, Wet ESP, Plate Wire, Flat Plate, Tubular, Two-stage), Offering (Hardware and Software and Services), Application (Construction, Mining, Oil, Chemicals, Coal Fired Generation, Electric Arc Furnaces, Gas Turbines, Solid-Waste Incinerator, Industrial Powers, Others), End User (Power Generation Industry, Cement, Manufacturing, Marine, Metals Processing and Mining, Chemicals and Petrochemicals, Pulp and paper mills, Steel plant, Thermal power plant, Petroleum industry, Others) – Industry Trends and Forecast to 2030.

Electrostatic Precipitator Market Analysis and Size

Electrostatic preceptors are expected to experience market growth through the rising health consciousness and population growth, particularly in urban areas. Such technology is anticipated to grow as a result of strict regulations to manage rising levels of air pollution and growing public awareness of health issues. Every year, market growth is anticipated to be favoured by this factor.  Massive industrialization and economic growth have made air pollution so bad that it needs to be addressed right away to stop the rise in carbon and GHG emissions. To prevent such a significant amount of specific matter from dispersing into the smoke and dusk, an effective and efficient system is required.

Data Bridge Market Research analyses that the electrostatic precipitator market, valued at USD 1085.33 million in 2022, will reach USD 1508.35 million by 2030, growing at a CAGR of 4.2 % during the forecast period of 2023 to 2030. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.

Electrostatic Precipitator Market Scope and Segmentation  

Market Definition

This device is used to remove specific impurities from air or other gases in smokestacks and other flues is an electrostatic precipitator, also known as an electrostatic air cleaner. With the aid of electrostatic forces, electrostatic precipitators are electronic devices used as a filtration method to remove specific substances from the exhaust gas. It has a high collection efficiency and can handle a lot of gases at high temperatures. The flue gases and fly ash generated during the process are also conditioned by ESPs. Only the particulate matter being collected receives energy from the precipitator, which barely slows down the gas flow.  Such precipitators are used for air pollution control, additionally for removing harmful particulate matter from waste gases at industrial facilities and power-generating stations. Electrostatic precipitators were initially designed for the recovery of valuable industrial-process materials.

Electrostatic Precipitator Market Dynamics

Drivers

• Rapid industrialization has fuelled market expansion

Rapid industrialization in both developing and developed economies and rising awareness of air quality management are driving the global market for electrostatic precipitators. The air quality is getting worse every day through the harmful emissions produced by the automotive, industrial manufacturing, power generation, and other industries. Utilizing electrostatic precipitators, which remove the impurities from air is the best option for lowering particulate matter from exhaust air and maintaining particulate matter within the environmental limits. Among the sectors significantly boosting the economy's growth are those in public transportation, automobiles, and energy (power plants). These factors all raise the demand for electrostatic precipitators, accelerating growth.

• Government regulations fuel market demand

Government regulations on air pollution are accelerating the market-driving consumption of electrostatic precipitator products. Government organizations have emissions regulations that require industrial plants to install filtration units, which serve as a market driver for the region's electrostatic precipitator market.

Opportunities

• Increasing demand for electricity creates the need for electrostatic precipitator

The rapidly increasing global electricity demand has compelled the power generation industries to maximize their power generation capabilities. Factors such as the use of electrostatic precipitators frequently employed to remove soot and ash from exhaust gas in conventional sources-based power plants such as coal-fired and gas-based power plants have significantly increased. It is anticipated that this will open up new market sales opportunities.

Restraints/Challenges

• Growing awareness has led to the shift from non-renewable to renewable sources

For the purpose of generating energy, there has been a rapid shift away from non-renewable sources and toward renewable sources due to increased awareness of the need to control air quality and the negative effects of harmful emissions. The process of generating electricity from renewable resources like wind, solar, geothermal, and hydropower produces no emissions. Through, the volatility of crude oil prices, geopolitical concerns, and high investment risks, many power plants are also transitioning to producing energy from renewable sources. During the anticipated period, these factors are likely to impede the electrostatic precipitator market's expansion.

This electrostatic precipitator market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the electrostatic precipitator market contact Data Bridge Market Research for an analyst brief, our team will help you take an informed market decision to achieve market growth.

Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays

Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.

Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.

Expected Impact of Economic Slowdown on the Pricing and Availability of Products

When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.

Recent Developments

• In 2021, the mining and mineral processing division of ThyssenKrupp was agreed to be purchased by FLSmidth and ThyssenKrupp Industrial Solutions AG. The combination will create a global mining technology leader with operations from pit to plant, strengthening crucial client relationships with a complementary product line and clientele and providing more comprehensive geographic coverage. This acquisition has helped the business become more valuable in the local mining sector.
• In 2021, The Wet Electrostatic Precipitator (WESP), a novel technology for removing particulate matter and black smoke produced by passenger ships and other boats, will be unveiled by the Italian company Eco spray. To replace the Electrostatic Precipitator in the main kiln with a bag filter, improve the cooling system for the clinker cooler, and rebuild the bypass for the gas conditioning tower and dust transport system, Redecam successfully began project one line two at the cement plant of Lafarge Egypt in 2020.

Europe Electrostatic Precipitator Market Scope

The electrostatic precipitator market is segmented on the basis of design, type, offering, application and end-user. The growth amongst these segments will help you analyse meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Design

• Plate
• Tubular

Type

• Dry ESP
• Wet ESP
• Plate Wire
• Flat Plate
• Tubular
• Two-stage

Offering

• Hardware and Software
• Services

Application

• Construction
• Mining
• Oil
• Chemicals
• Coal Fired Generation
• Electric Arc Furnaces
• Gas Turbines
• Solid-Waste Incinerator
• Industrial Powers
• Others

End User

• Power Generation Industry
• Cement
• Manufacturing
• Marine
• Metals Processing and Mining
• Chemicals and Petrochemicals
• Pulp and paper mills
• Steel plant
• Thermal power plant
• Petroleum industry
• others

Electrostatic Precipitator Market Regional Analysis/Insights

The electrostatic precipitator market is analysed and market size insights and trends are provided by country, design, type, offering, application and end-user as referenced above.

The countries covered in the electrostatic precipitator market report are Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, and Rest of Europe in Europe

Germany dominates the market and will continue to flourish its trend of dominance during the forecast period. The significant factors attributable to the dominance are stringent government regulations to control air pollution.

The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.

Competitive Landscape and Electrostatic Precipitator Market Share Analysis

The electrostatic precipitator market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to electrostatic precipitator market.

Some of the major players operating in the electrostatic precipitator market are:

Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe

• FLSmidth (Denamark)
• Babcock and Wilcox Enterprises, Inc. (U.S.)
• John Wood Group PLC (U.K.)
• Sumitomo Heavy Industries, Ltd (Japan)
• Siemens (Germany)
• MITSUBISHI HEAVY INDUSTRIES, LTD. (Japan)
• Alstom (France)
• Ducon. (U.S.)
• TAPC (Australia)
• Trion (U.S.)
• ELEX AG (Switzerland)
• K+S Aktiengesellschaft (Germany)
• HAMON (U.S.)