Market Research Report Store Mist Eliminator Market Projected to reach USD 1,15
"Mist Eliminator Market Projected to reach USD 1,152.4 million by 2021, at a CAGR of 5.3%
from 2016 to 2026" published in June 2017. It is a professional and in-depth study.
Summary
Market Research Report Store announces a new report "Mist Eliminator Market"added to its
database.The global mist eliminator market is projected to reach USD 1,152.4 million by 2021, at a
CAGR of 5.3% from 2016 to 2026. Government regulations to control the emissions of toxic emissions
from the oil & gas, desalination, power generation, and petrochemical industries is propelling the
growth of this market. However, since 2014, the upstream oil industry has witnessed a drastic fall in
drilling operations across the world. This has led to reduced demand for mist eliminators from one of
its largest end-user segment, oil & gas, inhibiting the growth of the mist eliminator market.
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“Oil & gas is the largest end user segment in the global mist eliminator market”
The oil & gas segment accounted for the largest share of the global mist eliminator market in 2015.
Converting crude oil to useable energy resource is responsible for toxic emission. Hence, it becomes
imperative for associated industries to install mist eliminators to limit their emission. Moreover, power
generation is also a key end user of mist eliminators due to establishment of coal-fired plants in various
emerging economies of Southeast Asia like China and India. Regulations imposed for the control of air
pollution are gradually becoming stringent around the world, and this in turn, will create opportunities
for the installation of mist eliminators in industrial plants.
“Wire mesh is the fastest-growing type segment in the global mist eliminator market”
The wire mesh segment accounted for the largest share of the global mist eliminator market in 2015,
and is projected to grow at the highest CAGR from 2016 to 2026. Wire mesh is the most preferred and
used mist eliminator type to remove the toxic gases, worldwide. It is highly efficient with relatively
high removal efficiency and low cost of operation.
“Asia-Pacific led the global mist eliminator market in 2015”
The Asia-Pacific region accounted for the largest share of the global mist eliminator market in 2015.
The mist eliminator market in Asia-Pacific is projected to grow at the highest CAGR in the coming