Electrostatic Precipitator Market Size

  • Report ID: 3589
  • Published Date: Sep 19, 2024
  • Report Format: PDF, PPT

Electrostatic Precipitator Market Size

Electrostatic Precipitator Market size was over USD 7.67 billion in 2023 and is poised to cross USD 16.97 billion by the end of 2036, witnessing more than 6.3% CAGR during the forecast period i.e., between 2024-2036. In the year 2024, the industry size of electrostatic precipitator is estimated at USD 8.06 billion.

The growth of the market can be attributed to the increasing level of air pollution across the globe, along increasing industrial activities emitting toxic pollutants in the air. According to the data by the World Health Organization, 91% of the global population lives in areas exceeding WHO guideline limits of air pollutants. According to the data by the World Bank, the health damage from ambient air pollution costs over $5.7 trillion globally, equivalent to 4.8% of global GDP, as of 2020.

Electrostatic precipitator uses electricity to charge the particles present in smokes or fumes, and collects these particles on anode or cathode plates. This way, toxic particles present in industrial smoke are not emitted in the atmosphere, in turn, reducing the level of ambient pollution. According to the data by the WHO, over 7 million deaths are caused by air pollution annuallyAmbient air pollution causes approximately 4.2 million deaths worldwide.  

Growing concerns amongst authorities, regarding the increasing air pollution level, is estimated to increase the demand for electrostatic precipitator. The growing adoption of electrostatic precipitator amongst various end-users, including thermal power plants, cement factories, and chemical industries, is estimated to boost the market growth. Moreover, rising government initiatives to reduce pollution is estimated to boost the market growth.

In the past few decades, the level of pollution has significantly decreased, owing to the rising awareness amongst the public. According to the data by the Environment Protection Agency (EPA), the level of carbon monoxide had decreased from -81 percentage points during the period 1980 vs 2020 to -12 percentage points during the period 2010 vs 2020. 


Electrostatic Precipitator Market Graph
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Author Credits:  Dhruv Bhatia


  • Report ID: 3589
  • Published Date: Sep 19, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

The growing level of industrial air pollution is primarily estimated to boost the market growth.

The market is anticipated to attain a CAGR of ~4% over the forecast period, i.e., 2022 – 2030.

High cost and competition from cheaper alternatives are estimated to hamper the market growth.

The market in the North America region is estimated to gain the largest market share over the forecast period owing to the growing pollution level in the region.

The major players in the market are DUCON, S.A. Hamon, Trion Solutions, Inc., Babcock & Wilcox Enterprises Inc., Amec Foster Wheeler, Thermax Limited, Siemens AG, Mitsubishi Power, Ltd., and others.
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