Global
Scrubber System Market Scenario
According
to Market Research Future (MRFR), the Global
Scrubber System Market is expected to scale up a valuation to USD 1.7
BN by 2023 from USD 1.12 BN in 2017. MRFR further asserts that the scrubber
system market would register a CAGR over 12.3% throughout the forecast period
(2018-2023).
Scrubber
system is one of the essential components used in various industries to control
pollution by removing harmful chemicals and acids from polluted gas. There are
multiple types of scrubber systems that are used in this process, including
wet, dry, and electrostatic scrubbers.
With
an efficient scrubber system, a facility can complete production and protect
the environment, community, and their workers. In addition, the scrubber system
can also remove pollutants that can be processed and used as end products
themselves.
Over
the past few years, the global scrubber system market has been growing
continually, mainly due to the stringent government policies to control air
pollution. Moreover, usages of the scrubber system are increasing rapidly in
the shipping industry that has a strict regulation against gaseous emissions
and is witnessing an uptick in maritime transport and seaborne trade. This, as
a result, escalates the market on the global platform.
Global
Scrubber System Market - Segmentation
The
report segments the market into five key dynamics to widen the scope of
understanding,
By
Type :
Wet Scrubber System and Dry Scrubber System
By
Orientation : Vertical and
Horizontal.
By
Application :
Onshore and Offshore.
By
End-use Industry : Oil & Gas,
Automotive, Food & Beverages, and Chemicals.
By
Regions : North
America, Europe, Asia Pacific, and the Rest-of-the-World.
Global
Scrubber System Market - Regional Analysis
Europe
dominates the global scrubber system market, holding the largest share. Stringent
regulations in the region against the increasing pollution levels are
compelling a number of industries to implement scrubber systems in their
production. Moreover, increasing uptake of scrubber system in various
burgeoning industries such as O&G, F&B, chemicals, and automotive
positively impacts the growth in the regional market.
North
America is another lucrative market for the scrubber system, globally.
Increasing exploration activities in the USA and Canada are growing the market
value, creating huge demand for scrubber system. Recent discoveries of large
oil and gas reservoirs are fostering the growth of the regional market.
Furthermore, the adoption of global policies of maintaining safe ecological
standards increases sales in the market.
Middle
East is the biggest oil and gas exporter and is further planning to expand
their O&G production infrastructure. The region has well-established
hydrocarbon reserves, and more investments are made to explore potential new
reserves.
The
Asia Pacific scrubber system market is emerging as a promising market globally.
Due to the rapidly growing industries such as automotive, food & beverages,
and chemicals, the region is expected to show substantial growth. The drastic
shift towards the increasing eco-awareness and environment protection is
substantiating the growth of the regional market. China and South Korea are
lucrative markets attracting market titans.
Major
Players:
Players
leading the scrubber system market include Nederman Mikropul, Alfa Laval,
Wärtsilä, Yara Marine, Alfa Laval, DuPont, Evoqua, CECO, Verantis, Croll
Reynold, Fuji Electric, Fabritech Engineers, and Beltran Technologies, among
others.
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