The
global scrubber system market can rise by 12.3% CAGR during the forecast period
(2018-2023), reveals Market Research Future (MRFR). The report further shares a
possibility for the scrubber system market to scale a valuation from USD 1.12
billion in 2017 to USD 1.7 billion by 2023.
Scrubber
system works by injecting liquid agent to wash unwanted pollutants from a gas
stream or by using dry reagents to flush out acid gases. It can also be used in
flue-gas condensation for heat recovery. Stringent policies employed by
governments to counter air pollution can be a major factor for the scrubber
system market growth during the forecast period. At the same time, maritime
transport and seaborn trade are witnessing an uptick. The shipping industry has
a strict regulation to adhere when it comes to gaseous emissions. This can also
help in the ballooning of the scrubber service market.
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Key Competitors:
Prominent
players involved in the scrubber system market are Alfa Laval, Nederman Mikropul,
Wärtsilä, Alfa Laval, Yara Marine, DuPont, CECO, Evoqua, Verantis, Fuji
Electric, Croll Reynold, Fabritech Engineers, Beltran Technologies, and
others.
Segmentation:
The
Global Scrubber System Market can be segmented by type, orientation,
application, and end-use industry.
By
type, the scrubber system market can be segmented into wet scrubber system and
dry scrubber system. Dry scrubber system is leading the market.
By
orientation, the scrubber system market includes vertical and horizontal.
Horizontal segment is the current bellwether.
Based
on application, the scrubber system market comprises onshore and offshore.
Offshore segment is setting the trails for the market.
Based
on end-user industries, the scrubber system market can be segmented into oil
& gas, automotive, food & beverages, and chemical. Oil & gas is the
leading segment.
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Regional Analysis:
Region-specific
analysis of the scrubber system market encompasses North America, Europe, Asia
Pacific, and Rest-of-the-World (RoW).
Europe
is the fastest growing region in terms of revenue generating. The region has
quite strict government policies regarding pollution which has forced a lot of
industries in implementing scrubber systems in their production capacities.
Ships are also following the process effectively.
North
America’s impact in the market is also quite substantial. The region adheres
global policies of maintaining ecological safe standards. The APAC region is
also expected to show substantial growth. The drastic change can be expected
from the increasing eco-awareness and education about environment protection.
South Korea and China are lucrative markets that the market titans would love
to explore.
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About Market Research
Future:
MRFR
team have supreme objective to provide the optimum quality market research and
intelligence services to our clients. Our market research studies by products,
services, technologies, applications, end users, and market players for global,
regional, and country level market segments, enable our clients to see more,
know more, and do more, which help to answer all their most important
questions.
Contact:
Market Research Future
+1 646 845 9312
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