Electrostatic Precipitator Market Report 2025

The electrostatic precipitator market size has grown strongly in recent years. It will grow from $7.66 billion in 2024 to $8.06 billion in 2025 at a compound annual growth rate (CAGR) of 5.2%. The growth in the historic period can be attributed to environmental regulations, economic growth, government incentives, economic policies, public-private partnerships.

The electrostatic precipitator market size is expected to see strong growth in the next few years. It will grow to $9.95 billion in 2029 at a compound annual growth rate (CAGR) of 5.4%. The growth in the forecast period can be attributed to natural gas infrastructure development, expansion of refineries and petrochemicals, rising demand for electricity, rising health concerns, demand for pollution control equipment. Major trends in the forecast period include demand from food processing industry, technological innovations, rise in industrialization, expansion of power generation capacity, integration with IoT and AI.

The forecast of 5.4% growth over the next five years reflects a modest reduction of 0.7% from the previous estimate for this market. This reduction is primarily due to the impact of tariffs between the US and other countries. This is likely to directly affect the US through scarcity of corrosion-resistant discharge electrodes from Swedish specialty steel mills, increasing costs for power plant emissions control retrofits. The effect will also be felt more widely due to reciprocal tariffs and the negative effect on the global economy and trade due to increased trade tensions and restrictions.

The growth in the industrialization and construction sectors is expected to drive the expansion of the electrostatic precipitator market. The industrialization sector involves the large-scale manufacturing and production of goods, often through mechanized processes. The construction sector encompasses the planning, development, and building of physical structures such as residential, commercial, and infrastructure projects. The rising demand for industrialization is fueled by global economic growth, technological advancements in automation, and the increasing consumer demand for manufactured goods. As industrial and construction activities grow, so does the need for effective environmental management, making electrostatic precipitators essential for controlling pollutants and ensuring regulatory compliance. For example, in September 2024, the United States Census Bureau reported that construction spending in July 2024 was estimated at a seasonally adjusted annual rate of $2.16 trillion, 6.7% higher than the July 2023 estimate of $2.02 trillion. During this period, spending on construction reached $1.23 trillion, 8.8% higher than the $1.13 trillion recorded in the same period in 2023. Thus, the growth in the industrialization and construction sectors is expected to drive the electrostatic precipitator market moving forward.

Leading companies in this market are focusing on advancing technologies for emission control systems in the marine industry. The marine industry encompasses commercial and recreational activities on oceans, seas, and waterways. For instance, Valmet Oyj launched a new wet electrostatic precipitator (WESP) for the marine sector in May 2022. This technology enhances emission control, helping vessels reduce harmful particulate matter emissions from exhaust gases. It supports shipping companies in meeting emission targets and regulatory requirements amidst tightening environmental regulations.

In January 2023, Babcock and Wilcox Enterprises, Inc., a US-based company specializing in energy and environmental technologies that offers services and engineered solutions across multiple industries, acquired Hamon Research Cottrell, Inc. for an undisclosed amount. Through this acquisition, Babcock and Wilcox Enterprises aims to strengthen its emissions control capabilities and promote cleaner energy production by incorporating advanced environmental technologies into its offerings. Hamon Research Cottrell, Inc. is a US-based provider of air pollution control solutions, specializing in the manufacture of electrostatic precipitators designed to efficiently manage particulate emissions across various industrial sectors.

Major companies operating in the electrostatic precipitator market are Siemens AG, General Electric, Mitsubishi Hitachi Power Ltd., Sumitomo Heavy Industries Ltd., GEA Group Aktiengesellschaft, Valmet, John Wood Group PLC, Bharat Heavy Electricals Limited, FLSmidth Cement a/S, SEI-GROUP, Rieco Industries, SPX Corporation, Thermax Limited, Fujian Longking Co. Ltd., Balcke-Dürr GmbH, Babcock & Wilcox Enterprises Inc., Ducon Technologies Inc., Monroe Environmental Corp., Envitech Inc., TSI Incorporated.

Asia-Pacific was the largest region in the electrostatic precipitator market in 2024. Europe is expected to be the fastest-growing region in the forecast period. The regions covered in the electrostatic precipitator market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the electrostatic precipitator market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The electrostatic precipitator (ESP) market consists of revenues earned by entities by providing services such as design and engineering, installation, maintenance and repair, and upgrades or retrofitting of ESP systems. Additionally, entities may offer consulting services for optimizing ESP performance and ensuring compliance with environmental regulations. The market value includes the value of related goods sold by the service provider or included within the service offering. The electrostatic precipitator (ESP) market also includes sales of ESP units, spare parts, and components such as discharge electrodes, collection plates, transformers, rectifiers, and control systems. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report’s Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.

The sharp rise in U.S. tariffs and ensuing trade tensions in spring 2025 are heavily impacting the oil and gas industry, especially in areas such as exploration equipment, pipeline development, and refining operations. Increased import duties on drilling rigs, steel pipes, and specialized machinery have significantly raised capital expenditures across both upstream and downstream segments. Midstream players are grappling with cost surges for essential components like valves, compressors, and storage tanks, causing delays and disruptions in expansion projects. Refiners, meanwhile, are contending with higher expenses for imported catalysts and control systems critical to operational efficiency. In addition, retaliatory tariffs from major trade partners have curtailed U.S. exports of liquefied natural gas (LNG) and crude oil, reducing global competitiveness. In response, companies are ramping up investments in domestic manufacturing alliances, digital asset management tools, and diversified energy portfolios to maintain resilience and protect profitability.

An electrostatic precipitator (ESP) is a device designed to remove fine particles such as dust and smoke from a gas stream by utilizing an induced electrostatic charge. It functions by ionizing particles within the gas, causing them to adhere to charged collector plates. ESPs are extensively employed in industrial settings to mitigate air pollution and enhance air quality.

The primary components of an electrostatic precipitator include hardware for particle charging and collection, utilizing high-voltage electrodes, and control software for optimizing efficiency and performance through continuous real-time monitoring and adjustment. ESPs can be either plate-type or tubular in design, catering to various industries including power generation, chemicals, petrochemicals, cement, metal processing, mining, manufacturing, marine, and others.

The electrostatic precipitator market research report is one of a series of new reports that provides electrostatic precipitator market statistics, including electrostatic precipitator industry global market size, regional shares, competitors with a electrostatic precipitator market share, detailed electrostatic precipitator market segments, market trends and opportunities, and any further data you may need to thrive in the electrostatic precipitator industry. This electrostatic precipitator market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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