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Research delivers insight into the mist eliminators market forecast 2014-2024

Research delivers insight into the mist eliminators market forecast 2014-2024

The mist eliminators are those mechanical devices which help in removing the oil vapor which is visible from air stream coming out of the vents especially in lubricating oil systems of high speed and large rotating shaft equipment including steam turbines, gas turbines, turbo generators, turbo compressors, high speed couplings, reciprocating engines and gear boxes among others.

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The mist eliminator devices help in prevention of oil mist coming from contaminating soil or air thus helping the facilities to comply with regulations related to the environment.

Mist eliminators also helps in making a safer and relatively cleaner work environment by evacuating the oily residue build up on the room floors of the engines, stairwells and enclosures despite enhancing the overall outdoor and indoor air quality, thus reducing fire hazards. The mist eliminator also aids in saving money by returning the used oil to the sump which might generally be lost during the process of venting, thus greatly reduces overall turnaround make up costs.

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Countries such as U.K, Germany, U.S., China and India among others are concentrating more on the use of mist eliminators and have started rewarding manufacturers and companies which have diligently followed the norms related to emission over the year with exemption of tax and other such types of extra benefits and incentives. Considering the rising concerns related to the protection of environment, various emission standards are anticipated to come into picture in order to become relatively more rigid over the time which is further analyzed to augment the growth of global mist eliminators market in the foreseeable years.

In addition, government norms and regulations in order to control toxic emissions from desalination, oil & gas, petrochemical and power generation industries is further anticipated to propel the growth of global mist eliminators market over the forecast period.

The global mist eliminator market can be segmented on the basis of type, material, end user, application and region. On the basis of type, the global mist eliminator market can be segmented into wire mesh, vane, fiber bed and others.

On the basis of material, the global mist eliminator market can be segmented into metal, polypropelene, FRP and others. On the basis of end user, the global mist eliminator market can be segmented into oil & gas, desalination, power generation, chemical and others.

On the basis of application, the global mist eliminator market can be segmented into distillation tower, evaporation, knockout drum, scrubber and others. On the basis of region, the global mist eliminator market can be segmented into North America, Latin America, Europe, Middle East & Africa (MEA) and Asia-Pacific.

The robust demand in Asia-Pacific is expected to be the major driving factor for the growth of mist eliminator market. China is analyzed to lead the demand for mist eliminators due to increased industrial production in the past half a decade.

It is the leading consumer of mist eliminators in the world. The markets in other emerging economies such as Brazil and India are also projected to grow rapidly.

Key players involved in the global mist eliminators market are focusing on key market strategies including acquisitions and mergers with local as well as established players. Moreover, companies are also focusing on collaborating with local players to increase their reach across all geographies and earn huge profits.

Partnership with multinational companies to strengthen their market reach and goodwill is also anticipated to be a major market strategy in the global mist eliminators market. Some of the major players involved in the manufacture and supply of mist eliminators include Sulzer Chemtech, FMC Technologies Inc., Munter AB, Koch-Glitsch, Sullair LLC, Kimre Inc., Air Quality Engineering, Inc., MECS Inc., AMACS and Hillard Corporation among others.

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Market Segmentation

Market by Type

Wire mesh

Vane

Fiber bed

Others

Market by Material

Metal

Polypropelene

FRP

Others

Market by End-User

Oil & gas

Desalination

Power generation

Chemical

Others

Market by Application

Distillation tower

Evaporation

Knockout drum

Scrubber

Others

Market by Geography

North America

o US

o Canada

o Mexico

Europe

o UK

o Germany

o France

o Rest of Europe

Asia-Pacific

o China

o Japan

o India

o Philippines

o Rest of Asia-Pacific

Latin America

o Brazil

o Chile

o Rest of Latin America

Middle East and Africa (MEA)

o South Africa

o Saudi Arabia

o Rest of MEA

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Acumen Research and ConsultingAcumen Research and Consulting
Category: Market Research Publishers and RetailersCompany profile: 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, ...