The
global Mist Eliminators Market
size is projected to grow from USD 953 million in 2020 to USD 1,159 million by
2025, at a CAGR of 4.0% between 2020 and 2025.
Browse 317 market data tables and 42 figures spread through 251 pages and in-depth TOC on "Mist Eliminator Market by Type (Wire-mesh, Vane, Fiber-Bed), End-Use Industry (Oil & Gas, Chemical, Desalination, Power Generation, Pharmaceutical & Medical, Paper & Pulp, Textile, Food & Beverage), Material, Application, & Region - Global Forecast to 2025"
Request report sample @ https://www.marketsandmarkets.com/requestsampleNew.asp?id=166253000
Increasing
dependency on fossil fuels, a strong emphasis on process optimization,
minimization of emissions, focus on improving process throughput, and growing
industrialization is expected to drive the mist eliminators market during the
next five years. Technological advancements in the field to control toxic
emissions from plants are compelling market players to come up with efficient
designs.
Wire-mesh segment estimated to lead
the mist eliminators market in 2019
By type, the wire-mesh segment
accounted for the largest share in the overall mist eliminators market. This
growth can be attributed to the low cost of wire-mesh and its efficient removal
of entrained liquid droplets from vapor or gas streams. Compared to the other
types, wire-mesh mist eliminators offer cost advantage, high strength,
low-pressure drop, and a moderate level of efficiency owing to which they are
widely used in the oil & gas, chemical, and other industries.
The Oil & gas industry is
estimated to be the leading consumer of mist eliminators
The oil & gas segment led the
overall mist eliminators market in 2019, both in terms of value and volume. In
the oil & gas industry, with the use of mist eliminators, the throughput
rates can be improved, and a better yield of gas-oil products can be achieved.
This, in turn, also allows the pure cut of the crude. Also, it is used in the
vacuum tower, upstream and downstream processing line, flue gas
desulfurization, and gas processing facilities.
APAC projected to account for the
largest share of the mist eliminators market during the forecast period
APAC is projected to have the largest
share in the global mist eliminators market, in terms of both value and volume,
from 2020 to 2025. The APAC mist eliminators market is driven by the rising
demand from the oil & gas, and chemical industry to improve the yield of
the liquid fraction and to minimize the emission. APAC mist eliminators market
has been witnessing consistent growth due to the increasing concern for
environmental pollution, growing prevalence of airborne diseases, growth of the
manufacturing sector, and enforcement of environmental laws and regulations.
The rise in the demand for mist
eliminators from the oil & gas, power generation, chemical, and
desalination industries is expected to drive the mist eliminators market. Due
to the COVID-19 pandemic, the economic growth of several countries has been
declining owing to the suspension of the manufacturing facilities, declining
demand for the oil & gas and industrial product, and disruption of the
supply chain. The demand for mist eliminators is therefore expected to decrease
in several end-use industries in 2020.
Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=166253000
Sulzer Ltd. (Switzerland), CECO Environmental Corp.(US), Munters Group
AB (Sweden), Koch-Glitsch LP (US), DuPont de Nemours, Inc.(US), Kimre Inc.
(US), Hilliard Corporation (US), Monroe Environmental Corporation (US), and
Begg Cousland Envirotec Limited (Scotland) are
the key players operating in the mist eliminators market. Expansions,
acquisitions, joint ventures, and new product developments are some of the
major strategies adopted by these key players to enhance their positions in the
mist eliminators market.
About MarketsandMarkets™
MarketsandMarkets™ provides
quantified B2B research on 30,000 high growth niche opportunities/threats which
will impact 70% to 80% of worldwide companies’ revenues. Currently servicing
7500 customers worldwide including 80% of global Fortune 1000 companies as
clients. Almost 75,000 top officers across eight industries worldwide approach
MarketsandMarkets™ for their painpoints around revenues decisions.
MarketsandMarkets’s flagship
competitive intelligence and market research platform,
"Knowledgestore" connects over 200,000 markets and entire value
chains for deeper understanding of the unmet insights along with market sizing
and forecasts of niche markets.
Contact MarketsandMarkets™:
Mr. Ashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: 1-888-600-6441
sales@marketsandmarkets.com
Comments
Post a Comment