The global electrostatic precipitator market is anticipated to exhibit considerable growth during the forecast period. Stringent government regulation in different regions to filter out the exhaust gases is anticipated to drive the electrostatic precipitator industry across the globe. An electrostatic precipitator is a filtration device that improves the quality of air by the removal of fine particles, like dust and smoke, from a flowing gas by making use of an induced electrostatic charge. The rising industrialization across the globe is contributing to the emission of harmful gases which are needed to be controlled that can be done by the use of electrostatic precipitators.
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The European countries are making a significant contribution to the growth of the electrostatic precipitator market. Several countries in Europe have strict government regulations based on the reporting and limiting of the emissions levels of the harmful gases that are supporting the use of electrostatic precipitators in air filtration systems. For instance, in April 2018, Canada had introduced regulations for cutting of the methane emissions up to 40-45% by 2025 with the baseline of 2012. In addition, the provinces of Saskatchewan, Alberta, and British Columbia are having more specific and stringent regulatory measures in place for addressing venting and flaring that comes from the upstream oil and gas operations.
In Norway, each and every oil and gas facility makes the estimation and reports on the emission of methane on an annual basis using a common estimation method based on standard emission factors. Under the Gothenburg Protocol, the government of Norway has taken the responsibility of reducing its overall emissions of nitrogen oxide by 23% by 2020 with the baseline of 2005. The emissions from the petroleum sector in the country are directly regulated via conditions that are included in the plans for development and operation which are permitted under the Pollution Control Act (PCA) of Norway. For proper fulfillment of the action plan, Norway will require air filters across its various industries. Such initiatives are expected to create enormous opportunities for the electrostatic precipitator market.
Current Market trends covered in the market report
- Growing industrialization in emerging economies across the globe driving growth of the electrostatic precipitator market.
- The high installation and operational cost of the electrostatic precipitator air filter is a major factor to restrain the market growth.
- Asia-Pacific to show considerable growth in the electrostatic precipitator market.
- Technological advancements in industrial air purification systems are expected to create potential opportunities in the electrostatic precipitator market.
Global Electrostatic Precipitator Market Segmentation
By Type
- Dry Electrostatic Precipitator
- Wet Electrostatic Precipitator
By End-User
- Power & Electricity Industry
- Metals Industry
- Cement Industry
- Chemicals Industry
- Other Industries
(This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.)
