Electrostatic Precipitator Market Size

Electrostatic Precipitator Market Size

The global electrostatic precipitator market size was valued USD 8.6 billion in 2023 and is anticipated to grow at a CAGR of 6.4% from 2024 to 2032. It is an air pollution control device that removes particulate matter from exhaust gases by applying a high-voltage electrostatic charge to the particles, which are then attracted to and deposited on charged plates or other collection surfaces.
 

Rising government regulations by regulatory bodies such as the U.S. Environmental Protection Agency (EPA), the European Union (EU), and various national agencies to control air pollution is set to propel the product adoption. Growing industries such as power generation, cement, steel, and chemicals along with their increasing particulate emissions create demand for effective particulate control technologies.

The evolution of the ESP market will be fueled by improvements in the technology such as the new cost-effective and efficient systems. New innovations like advancement in electrodes, increased power supply consumption effectiveness, and the utilization of digital controls for performance monitoring with maintenance, as well as integration of renewable energy into the energy supply will spur the market growth.