Electrostatic Precipitator Market size was valued at USD 9.2 billion in 2024 and is projected to reach USD 22.1 billion by the end of 2037, rising at a CAGR of 7% during the forecast period, i.e., 2025-2037. In 2025, the industry size of electrostatic precipitator is assessed at USD 9.8 billion.
The electrostatic precipitator market is witnessing rapid growth due to various growing environmental regulations and pollution control measures in industries such as cement, steel, and power generation. With the rise in the stringency of emission standards around the globe, advanced ESPs are being used in industries to meet these compliance standards and further support ambitions regarding the environment. For example, FLSmidth launched a new generation ESP in March 2022 that improved particulate collection efficiency by 10% due to various emerging air quality challenges facing many industries in their production processes. Such innovations further improve the performance of ESPs, in tune with global initiatives toward ensuring a reduction in industrial pollution.
Government initiatives have also been instrumental toward driving the growth with agencies across varied regions imposing strict emissions controls and offering incentives for cleaner technologies. Such regulations boost the adoption of ESPs within the regions that are recording fast industrialization. For example, statistics from the United States Environmental Protection Agency show a drastic decline in air pollutants in sectors that have adopted the use of ESPs. Due to such factors, the ESP market is anticipated to expand with enhanced global support for clean air policies, propelled both by regulatory frameworks and industrial commitments to environmental compliance.
Author Credits: Dhruv Bhatia
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