First, environment-protection policies emphasize the importance of better air quality and air pollution control, something achievable to a great extent with the use of Electrostatic Precipitators. The purpose of this industry is higher efficiency numbers, especially in coal-fired power generation. Increased adoption of newer technologies and subsequent renovation by existing power plants bring numerous opportunities for this market in the future, since demand for coal-fired power plant is going to shrink.
Second, the Europe revenue of Electrostatic Precipitators increases from 971.95 million dollars in 2013 to 1012.61 million dollars in 2017, with a CAGR of 0.69%. GE (Alstom), GE, Balcke-Dürr and GEA are the three top manufacturers of Electrostatic Precipitators based on revenue. The high end market is occupied by the brand such as GE and Babcock & Wilcox. The manufacturers of China are becoming more and more important in the market due to the great demand in Eastern Europe.
Third, Though Europe is planning to add the implementation of clean energy electricity, but until 2017, coal-fired power generation is still the major power source of Europe and it has increased in some countries, so we tend to give a positive future of Europe ESPs market, but the growth rate will not be fast.
Fourth, the downstream industries of Electrostatic Precipitators are mainly metallurgy, mining, cement, coal and biofuel power generation, and pulp and paper industry. In recent years, the governments of developed countries enact more and more environment-protection policy, and the demand for Electrostatic Precipitators will correspondingly increase. Power generation is the largest application filed with market share of 46%.
Fifth, the two major types of Electrostatic Precipitators are dry Electrostatic Precipitators and wet Electrostatic Precipitators. At the moment, dry Electrostatic Precipitators occupied about 69% of the market because the manufacturing technology is relatively simple and the price is cheaper. But wet Electrostatic Precipitators are more and more widely used for its high efficiency and processing capacity
Sixth, although sales of Electrostatic Precipitators bring a lot of opportunities, the study group recommends the new entrants who just have money but without technical advantage, raw materials advantage and downstream support, do not enter into the Electrostatic Precipitators field hastily.
The Europe Electrostatic Precipitators Market Research Report 2018 This report released by QYResearch provides a basic overview of the Electrostatic Precipitators industry, including definition, classification, application and industrial chain structure. Discuss development policies and plans as well as manufacturing processes and cost structures.
The report then focuses on major industry players in global, including company profiles, product images and specifications, sales, market share, and contact information. More importantly, the Electrostatic Precipitators industry development trends and marketing channels were analyzed.Providing the main statistical data on the current status of the industry is a valuable guide and direction for companies and individuals interested in the market.