Growth of Mist Eliminator Market Attributed to Thriving Desalination and Petrochemicals Industries
Global Mist Eliminator Market: Demand Analysis and Growth Forecast
Mist eliminator is also recognized as entrainment separator or demister. Mist eliminator is a mechanism for removal of liquid droplets and other mist up to 3 microns and larger in a vapour stream. The mist eliminator is generally made of corrosion-free materials such as polypropylene, PVC, and stainless steel. Increasing urbanization and rising industrial activities along with growing number of power plants are some of the key factors stroking the demand for mist eliminator. The global mist eliminator market has a diversified ecosystem of upstream players, including raw material suppliers, along with downstream stakeholders, vendors, end-users, and government organizations. Asia-Pacific is expected to witness the highest growth in the mist eliminator driven by developed and emerging countries such as Japan, China, India, Australia, and others.
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Mist Eliminator Market (2018 - 2023)”
As per the findings of a recent market research report from IndustryARC, the oil and gas end-use segment currently accounts for the largest share in the mist eliminator market; however, the desalination segment is anticipated to be the fastest growing segment during the forecast period of 2018 to 2023. The significant increase in sales of mist eliminator due to growing concerns regarding efficient and effective industrial operations is anticipated to drive the market.
Mist Eliminator Market: Key Drivers and Disruptive Trends
Constantly growing demand from various industries due to government stringent laws and regulations to curb the emission of pollutants is a factor providing traction to the global market. Considerable growth in Asia Pacific excluding Japan (APEJ) and the Middle East industrial sector and technological advancement in manufacturing is anticipated to create several opportunities for the market players in this region. Wire mesh is the most common type of mist eliminator, used in a wide range of industrial applications due to low cost and efficient removal of entrained liquid droplets from vapour or gas stream. Increasing chemical manufacturing increased cement production, and the growing iron and steel industry is expected to further boost the mist eliminator market in emerging countries. An increasing number of coal-based thermal power plants is another growth driver the India and China mist eliminators market.
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Global Mist Eliminator Market: Leading Segments
Based on the type, the mist eliminator market can be classified as wire mesh, vane, fiber bed, and others. Materials used in mist eliminator market can be categorized into metal, polypropylene, and FRP. Some of the major end users of the market are oil and gas, desalination, power generation, and chemicals. The most common application of mist eliminator is distillation tower, evaporator, knockout drum, and scrubbers. This report explores the demand potential of all major regions including America, Europe, and Asia-Pacific.
Mist Eliminator Market: Competitive Landscape
Key players in the market are focusing on a whole host of reliable strategies including acquisition and mergers with locals as well as established players to increase their reach across all geographies and earn incremented profits. Partnership with multinational companies to strengthen their market reach and goodwill is also anticipated as a major market strategy in the global mist eliminator market. This report profiles each of these companies for their attributes of product portfolio, financial details, and recent developments. Some of the leading companies that operate in the global mist eliminator market are Veolia Water Technologies, Aqseptence Group, Inc., Flo Trend Systems, Inc., Phoenix Process Equipment Co., and Satyam Dewatering Systems.
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Mist elimination is a process of removal of liquid droplets from vapour or gas stream. Stringent government laws and regulations to curb the emission of pollutants is the major driver for the rapid growth and demand in the mist eliminator market. Key players in the market are focusing on various strategies including the partnership with other players to get ahead of the curve.