North America Electrostatic Precipitator Market – Industry Trends and Forecast to 2030

North America Electrostatic Precipitator Market, By Design (Plate and Tubular), Type (Dry ESP, Wet ESP), Offering (Hardware and Software, Services), Application (Coal Fired Generation, Electric Arc Furnaces, Gas Turbines, Solid-Waste Incinerators, Industrial Powers, Others), Conditioning Agent (Sulfur Trioxide, Ammonium Sulfate, Triethylamine, Sodium Compounds, Transition Metals, Others), End User (Power Generation Industry, Cement, Manufacturing, Marine, Metals Processing and Mining, Chemicals and Petrochemicals, Others) - Industry Trends and Forecast to 2030.

North America Electrostatic Precipitator Market Analysis and Size

Rapid industrialization in both developing and developed economies due to the harmful emissions produced by the automotive, industrial manufacturing, power generation, and other industries makes the air quality worse every day. In India and China, the amount of fine particulate matter in the air increased by 38% between 1960 and 2009, according to a Natural Resource Defense Council (NRDC) article. For many end-use sectors, electrostatic precipitators that remove soot and ash from exhaust fumes are the best option for lowering particulate matter from the exhaust air and keeping the level of particulate matter within the environmental limits.

Data Bridge Market Research analyses that the electrostatic precipitator market, valued at USD 1344.74 million in 2022, will reach USD 1927.04 million by 2030, growing at a CAGR of 4.6% 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.

North America Electrostatic Precipitator Market Scope and Segmentation  

Market Definition

Electrostatic precipitators are electronic devices that use electrostatic forces to remove particular substances from the exhaust gas. It has a high collection efficiency and can handle a variety of gases at high temperatures. ESPs also adjust the fly ash and flue gas emissions from the process. Electrical forces advance the particles further away from the flowing gas stream and toward the collector plates. An inlet, an insulator chamber, collecting rapping, an inspection door, a screw conveyor, a rapper drive station, and other parts are among the many parts of an electrostatic precipitator.

Electrostatic Precipitator Market Dynamics

Drivers

• Rapid industrialization has fuelled market expansion

Rapid industrialization in developing and developed economies drive the global electrostatic precipitator market. Growing awareness for air quality management due to the rising industrial gaseous waste is a determinant for the market. The air quality is deteriorating daily due to the damaging emissions produced by automotive, industrial manufacturing, power generation, and other industries. The best option for reducing particulate matter from the exhaust air and maintaining the level of particulate matter within the environmental limits is to use electrostatic precipitators that remove soot and ash from exhaust fumes. Public transportation, automobiles, and energy (power plants) are some industries significantly contributing to the economy's expansion. These elements increase demand for electrostatic precipitators, boosting the global market's expansion.

• Government regulations fuel market demand

The region's electrostatic precipitator market is propelled by emission regulations set forth by governmental bodies, which mandate the installation of filtration systems by industrial plants. Electrostatic precipitators remove soot and ash from exhaust fumes to lessen the amount of particulate matter in the exhaust air and, consequently, lower the level of particulate matter in the environment. These products are a great choice for many end-use industries, which boosts market expansion.

Opportunities

• Increasing demand for electricity creates the demand for electrostatic precipitator

The rapidly increasing global electricity demand has compelled the power generation industries to maximize their power generation capabilities. Factors such as using electrostatic precipitators frequently 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 a shift from non-renewable to renewable sources

Through a greater understanding of the need to control air quality and the adverse effects of harmful emissions, there has been a rapid shift from non-renewable sources toward renewable sources to generate energy. No emissions are produced during the electricity production using renewable energy sources such as hydropower, solar, wind, and solar. Many power plants are switching to producing energy from renewable sources due to the volatility of crude oil prices, geopolitical concerns, and high investment risks. These factors are likely to limit the growth of the electrostatic precipitator market during the anticipated period.

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 purchased by FLSmidth and ThyssenKrupp Industrial Solutions AG. The combination created 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.

North America Electrostatic Precipitator Market Scope

The electrostatic precipitator market is segmented on the basis of design, type, offering, application, conditioning agent, 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.

By Design

• Plate
• Tubular

Type

• Dry ESP
• Wet ESP

Offering

• Hardware and Software
• Services

Application

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

Conditioning Agent

• Sulfur Trioxide
• Ammonium Sulfate
• Triethylamine
• Sodium Compounds
• Transition Metals
• Others

End User

• Power Generation Industry
• Cement
• Manufacturing
• Marine
• Metals Processing and Mining
• Chemicals and Petrochemicals
• 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, conditioning agent, and end-user as referenced above.

The countries covered in the electrostatic precipitator market report are U.S., Canada and Mexico in North America.

The United States dominates the market and will continue to flourish its trend of dominance during the forecast period. The region's high number of power plants is the major factor attributable to the dominance. Additionally, the manufacturing units and industries have invested in high-end technology such as ESP which helps to minimize the pollutant. This will help grow ESP in North America.

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:

• FLSmidth (Denmark)
• Babcock and Wilcox Enterprises, Inc. (U.S.)
• John Wood Group PLC (U.K.)
• KC Cottrell (India)
• Thermax Limited. (India)
• Sumitomo Heavy Industries, Ltd (Japan)
• Siemens (Germany)
• Mitsubishi Hitachi Power Systems, Ltd. (Japan)
• Alstom (France)
• BALCKE-DÜRR GmbH (Germany)
• Mechatronics Systems (India)
• Clean Tunnel Air (Norway)
• Ducon Technologies (U.S.)
• TAPC (Australia)
• Trion (U.S.)