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Mist Eliminators Market Size, Segmentation, Parameters, and Forecast by 2032

03-13-2023 01:56 PM CET | Industry, Real Estate & Construction

Press release from: Acumen Research and Consulting

Mist Eliminators Market Size, Segmentation, Parameters,

Global Mist Eliminators Market Size in 2022 was USD 1,002 Million, Market Value set to reach USD 1,434.3 Million at 3.7% CAGR by 2032

Mist Eliminators Market Overview

Mist eliminators, also known as demisters, are specialized devices used to remove liquid droplets or mist from gas streams. They are widely used in various industries such as oil & gas, chemical, pharmaceuticals, food & beverage, and power generation. Mist eliminators are crucial in these industries as they help prevent equipment corrosion, reduce air pollution, and improve the efficiency of production processes. These devices are used in various applications, such as scrubbers, evaporators, distillation columns, and compressor suction drums.
The global mist eliminators market is expected to witness significant growth in the coming years due to the increasing demand for these devices in various end-use industries. The market is driven by the growing focus on environmental regulations and the need to reduce air pollution. The Asia Pacific region is expected to witness significant growth in the market due to the increasing demand for mist eliminators in the oil & gas and chemical industries. The market is also expected to grow in North America and Europe due to the presence of major players in these regions.

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Mist Eliminators Market Research Report Highlights and Statistics

● The global Mist Eliminators market size in 2022 stood at USD 1,002 Million and is set to reach USD 1,434.3 Million by 2032, growing at a CAGR of 3.7%
● The global mist eliminators market is driven by the increasing demand for these devices in various end-use industries such as oil & gas, chemical, pharmaceuticals, and food & beverage.
● Mist eliminators are used in various applications such as scrubbers, evaporators, distillation columns, and compressor suction drums.
● The Asia Pacific region is expected to witness significant growth due to the increasing demand for mist eliminators in the oil & gas and chemical industries.

Mist Eliminators Market Dynamics

● Increasing demand for high-performance mist eliminators that can operate in extreme conditions.
● Growing use of mist eliminators in the power generation industry to reduce emissions and improve efficiency.
● Increasing use of mist eliminators in the food and beverage industry to ensure compliance with strict hygiene regulations.
● Growing demand for mist eliminators in the chemical industry to reduce emissions and prevent corrosion.
● Rising demand for mist eliminators in the pharmaceutical industry to ensure compliance with strict regulatory requirements.
● Increasing use of mist eliminators in the oil and gas industry to improve the quality of produced fluids.

Trends in the Mist Eliminators Market

● Advancements in mist eliminator technology, such as the use of computational fluid dynamics (CFD) to design more efficient devices.
● Rising demand for customized mist eliminators to cater to specific application requirements.
● Growing adoption of hybrid mist eliminators, which combine different types of mist elimination technologies for improved efficiency.
● Increasing focus on research and development activities to develop new and innovative mist elimination technologies.
● Growing popularity of centrifugal mist eliminators, which are highly efficient and require low maintenance.

Growth Hampering Factors in the market for Mist Eliminators

● Availability of low-cost alternatives that may not be as efficient but are more cost-effective.
● Difficulty in retrofitting mist eliminators into existing equipment or production processes, which can limit adoption.
● The requirement for frequent maintenance and replacement of mist eliminators, which can increase operational costs.
● The limited effectiveness of mist eliminators in certain applications, such as high-temperature and high-pressure environments.
● The impact of external factors such as weather conditions and natural disasters on the performance of mist eliminators.

Market Segmentation

● By Type of product
○ Fiber-Bed
○ Vane
○ Wire-Mesh

● By Application
○ Scrubber
○ Knockout Drum
○ Evaporator
○ Distillation Tower

● By Material type
○ Fiber Reinforced Plastic (FRP)
○ Polypropylene
○ Metal
○ Others (Stainless Steel and Polysulfone)
○ Marketing
○ Human Intelligence

● End User
○ Power Generation
○ Chemical
○ Desalination
○ Pharmaceutical and Medical
○ Glass Manufacturing
○ Food and Beverages
○ Automotive
○ Oil and Gas

Mist Eliminators Market Overview by Region

● North America's Mist Eliminators market share is one of the highest globally, due to the increasing adoption of mist eliminators in the oil and gas industry to comply with stringent environmental regulations. The region is also witnessing increasing demand for mist eliminators in the chemical industry to reduce emissions and improve production efficiency. Additionally, the region has a well-established industrial sector and a strong focus on research and development activities, which is expected to drive the growth of the mist eliminators market.
● The Asia-Pacific region's Mist Eliminators Market share is also huge and is growing at the fastest rate, due to the increasing investment in infrastructure development and industrialization in emerging economies such as India and China. The region is witnessing growing demand for mist eliminators in the pharmaceutical industry to ensure compliance with strict regulatory requirements. Additionally, the region has a large number of chemical and petrochemical industries, which is expected to drive the demand for mist eliminators.
● Europe is another key market for Mist Eliminators, due to the increasing adoption of mist eliminators in the power generation industry to reduce emissions and comply with environmental regulations. The region is also witnessing growing demand for mist eliminators in the food and beverage industry to ensure compliance with strict hygiene regulations.
● The South American and MEA regions have a growing but smaller Mist Eliminators market share.

Mist Eliminators Market Key Players
major players operating in the global mist eliminators market include Koch-Glitsch LP, Sulzer Chemtech Ltd., MECS/DuPont, CECO Environmental, Air Quality Engineering Inc., Coastal Technologies, Inc., AMACS Process Tower Internals, Agilis Technologies, Anguil Environmental Systems, Inc., CTP Chemisch Thermische Prozesstechnik GmbH, Kimre Inc., Monroe Environmental Corp., Nippon Steel & Sumikin Engineering Co., Ltd., Pentair plc, PPC Industries Inc., R-V Industries, Inc., Sejong Flex Co., Ltd., Thermax Global, and Zibo Yunfeng Industrial Ceramics Ltd. These companies are engaged in strategic partnerships, mergers and acquisitions, and research and development activities to strengthen their market position and expand their product offerings.

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Acumen Research and Consulting (ARC) is a global provider of market intelligence and consulting services to information technology, investment, telecommunication, manufacturing, and consumer technology markets. ARC helps investment communities, IT professionals, and business executives to make fact based decisions on technology purchases and develop firm growth strategies to sustain market competition. With the team size of 100+ Analysts and collective industry experience of more than 200 years, Acumen Research and Consulting assures to deliver a combination of industry knowledge along with global and country level expertise.

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