© 2016 Global Market Insights, Inc. USA. All Rights Reserved Electrostatic Precipitator Market Size, Share, Industry Outlook & Forecast Electrostatic Precipitator Market size will grow at over 9% CAGR estimation by 2024
© 2016 Global Market Insights, Inc. USA. All Rights Reserved Electrostatic Precipitator Market size was valued at USD 8.5 billion in 2015, and will grow at over 9% CAGR estimation to reach USD 18 billion by Rising environmental, safety, and health concerns in reducing air pollution will fuel industry growth through Factors, such as low operational cost, high efficiency, and the ability to operate across wide temperature ranges, will catalyze electrostatic precipitator market size. These products offer high efficiency & capability to handle large gas volumes at extreme temperatures and also provide coal-fired power plants with a performance boost. Effective use of these products helps in preventing water & soil acidification, respiratory or cardiovascular diseases, cancer and fertility problems, and ground level ozone. This will play a vital role in various heavy industries, such as steel mills, cement plants, and thermal power stations, over the forecast timeline. Global Market Scenario of Electrostatic Precipitator Industry
© 2016 Global Market Insights, Inc. USA. All Rights Reserved The industry is predicted to witness potential opportunities owing to rising thermal power plant construction & renovation across the globe. In addition, attributes offered by these systems, such as silent operation and high response time, catalyze the product demand. Furthermore, its ability to eliminate the need for additional air compression systems helps in avoiding the auxiliary cost and this may positively impact electrostatic precipitator market share through The escalating need for reducing air pollution levels and stringent environmental norms could be a key reason for its penetration across developed and developing nations. Continue… Inquire For Buying Industry
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© 2016 Global Market Insights, Inc. USA. All Rights Reserved The cement manufacturing sector may exhibit high growth prospects owing to its swift implementation for minimizing greenhouse gas emissions such as hydrocarbons, Sox, NOx, and particulates from the industries. Rising R&D investments to produce advanced solutions, such as fabric filters, to improve the product efficiency will offer a massive growth potential over the forecast timeline. Wet electrostatic precipitators are the preferred technology owing to their substantial operational efficiency with saturated gas conditions and gas moisture. It can be designed as horizontal or vertical flow configurations based on the cost and arrangement required. Request Detailed Table of contents of Industry Products Insights
© 2016 Global Market Insights, Inc. USA. All Rights Reserved Browse this full Key players in the global electrostatic precipitator market include Babcock & Wilcox., Balcke-Durr, Alstom, Siemens, Trion, Total Air Pollution Control, and Clean Tunnel Air International. Rising focus on research and development while manufacturing superior products by industry players may offer a competitive edge over the forecast period. Competitive Insights
© 2016 Global Market Insights, Inc. USA. All Rights Reserved Regional Analysis Asia pacific electrostatic precipitator market is predicted to experience a substantial growth owing to the rising demand for device installation in industrial boilers and other machinery. China is expected to contribute a major industry share owing to the presence of a large number of manufacturing industries across the region. Furthermore, South Korea is likely to exhibit a massive growth potential owing to the rising consciousness regarding benefits offered by these devices. U.S. electrostatic precipitator market share is forecast to witness consistent growth due to strict government policies for reducing environmental pollution throughout the region. Escalating industrial investments that focus on the improvisation of gas filtration efficiency in the U.S. will drive product demand from 2016 to The Europe electrostatic precipitator market size may witness moderate growth prospects due to decreasing industrial revenues in coal-fired generators as well as steel mills. Inquire For Buying Industry
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