The global scrubber system market size was valued at $8,473.5 million in 2021, and is projected to reach $13,859.1 million by 2031, registering a CAGR of 4.8% from 2022 to 2031.
Scrubber system refers to air pollution control devices that use liquid to remove particulate matter or gases from an industrial exhaust or flue gas stream. In comparison to other air pollution control devices, scrubbers are very multidisciplinary, with the ability to remove solids, mists, and gases simultaneously while also providing cooling. They are also capable of handling explosive and flammable gases safely.
Rise in industrialization across the globe creates a demand for scrubber systems to reduce the negative impact of industrial emissions on environment. Major players in the industry are focused on developing systems that are more effective in eliminating harmful substances from exhaust steam. For instance, manufacturers of scrubbing systems offer customized scrubber solutions. For instance, Yara-Marine Technologies offers customized SOx scrubber systems as per end user requirements. SOx scrubber system cleans exhaust and ensures compliance with IMO regulations. In addition, increase in manufacturing facilities results in emission of various pollutants and dust particles. This creates a demand for use of pollution control devices such as scrubber systems.
The market is segmented on the basis of product type, construction material, business type, and region. On the basis of product type, the market is divided into dry scrubbers, wet scrubbers, and electrostatic precipitators. On the basis of construction material, the market is divided into metal based and non-metal based. On the basis of end-user industry, the market is divided into energy & power, metal, constructions, and others. Region-wise, the global market analysis is conducted across North America (the U.S., Canada, and Mexico), Europe (UK, France, Germany, Spain, and Rest of Europe), Asia-Pacific (China, Japan, India, South Korea, and Rest of Asia-Pacific), and LAMEA (Latin America, the Middle East, and Africa).
Scrubber system refers to air pollution control devices that use liquid to remove particulate matter or gases from an industrial exhaust or flue gas stream. In comparison to other air pollution control devices, scrubbers are very multidisciplinary, with the ability to remove solids, mists, and gases simultaneously while also providing cooling. They are also capable of handling explosive and flammable gases safely.
Rise in industrialization across the globe creates a demand for scrubber systems to reduce the negative impact of industrial emissions on environment. Major players in the industry are focused on developing systems that are more effective in eliminating harmful substances from exhaust steam. For instance, manufacturers of scrubbing systems offer customized scrubber solutions. For instance, Yara-Marine Technologies offers customized SOx scrubber systems as per end user requirements. SOx scrubber system cleans exhaust and ensures compliance with IMO regulations. In addition, increase in manufacturing facilities results in emission of various pollutants and dust particles. This creates a demand for use of pollution control devices such as scrubber systems.
The market is segmented on the basis of product type, construction material, business type, and region. On the basis of product type, the market is divided into dry scrubbers, wet scrubbers, and electrostatic precipitators. On the basis of construction material, the market is divided into metal based and non-metal based. On the basis of end-user industry, the market is divided into energy & power, metal, constructions, and others. Region-wise, the global market analysis is conducted across North America (the U.S., Canada, and Mexico), Europe (UK, France, Germany, Spain, and Rest of Europe), Asia-Pacific (China, Japan, India, South Korea, and Rest of Asia-Pacific), and LAMEA (Latin America, the Middle East, and Africa).
COMPETITION ANALYSIS
The key players that operate in the scrubber system market are Alfa Laval, Anguil, Babcock & Wilcox Enterprises, Inc., CECO ENVIRONMENTAL, DuPont de Nemours, Inc., Evoqua Water Technologies LLC, Fuji Electric Co., Ltd., HAMON, Kono Koggs Inc., Nederman Holding AB, Pollution Systems, Tri-Mer Corporation, The Clean Air Group, LLC, Valmet, Verantis, Wartsila, and Yara Marine.KEY BENEFITS FOR STAKEHOLDERS
- This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the scrubber system market analysis from 2021 to 2031 to identify the prevailing scrubber system market opportunities.
- The market research is offered along with information related to key drivers, restraints, and opportunities.
- Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
- In-depth analysis of the scrubber system market segmentation assists to determine the prevailing market opportunities.
- Major countries in each region are mapped according to their revenue contribution to the global market.
- Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
- The report includes the analysis of the regional as well as global scrubber system market trends, key players, market segments, application areas, and market growth strategies.
Key Market Segments
By End-user industry
- Energy Power
- Metal
- Construction
- Others
By Construction material
- Metal-based
- Non-metal based
By Product type
- Dry scrubbers
- Wet scrubbers
- Electrostatic precipitators
By Region
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- U.K.
- France
- Spain
- Rest of Europe
- Asia-Pacific
- China
- Japan
- South Korea
- India
- Rest of Asia-Pacific
- LAMEA
- Latin America
- Middle East
- South Africa
Key Market Players
- Babcock & Wilcox Enterprises, Inc.
- Alfa Laval Anguil
- CECO ENVIRONMENTAL
- DuPont de Nemours Inc.
- Evoqua Water Technologies LLC
- Fuji Electric Co. Ltd
- HAMON
- Kono Koggs Inc.
- Nederman Holding AB
- Pollution Systems
- Tri-Mer Corporation
- The Clean Air Group LLC
- Valmet
- Verantis
- Wartsila
- Yara Marine
Table of Contents
CHAPTER 1: INTRODUCTION
CHAPTER 2: EXECUTIVE SUMMARY
CHAPTER 3: MARKET OVERVIEW
CHAPTER 4: SCRUBBER SYSTEM MARKET, BY END-USER INDUSTRY
CHAPTER 5: SCRUBBER SYSTEM MARKET, BY CONSTRUCTION MATERIAL
CHAPTER 6: SCRUBBER SYSTEM MARKET, BY PRODUCT TYPE
CHAPTER 7: SCRUBBER SYSTEM MARKET, BY REGION
CHAPTER 8: COMPANY LANDSCAPE
CHAPTER 9: COMPANY PROFILES
List of Tables
List of Figures
Executive Summary
According to the report, titled, “Scrubber System Market," the scrubber system market size was valued at $8.47 billion in 2021, and is estimated to reach $13.86 billion by 2031, growing at a CAGR of 4.8% from 2022 to 2031.A scrubber system is a system that is used to remove harmful materials from industrial exhaust gases before they are released into the environment. These systems use a slurry or dry reagent that is injected into a polluted exhaust stream to eliminate acidic gases. Scrubber systems can perform flue-gas condensation for heat recovery.
The manufacturing and processing industry is growing significantly due to increase in demand for products, such as food and beverages, oil and gas, and pharmaceuticals. Increase in production equipment leads to the emission of various pollutants and dust. This creates demand for the use of pollution control devices such as scrubber system. The scrubber system is available in a variety of specifications and sizes, making it suitable for use in a variety of industries, such as oil and gas processing, food processing, and other manufacturing industries is anticipated to boost the scrubber system market opportunities. However, the high initial costs of these systems restrain the market growth.
Major players have adopted product launch and acquisition as a key strategy to sustain the competition and improve the product portfolio. For instance, in July 2022, Evoqua Water Technologies announced the closing of the previously announced acquisition of Smith Engineering, Inc. The addition of the business is expected to enhance Evoqua's portfolio of high purity water treatment systems and expand its service footprint in North America.
Asia-Pacific accounted for the highest share of the global scrubber system market share, in terms of revenue in 2021, owing to the rapid growth of the manufacturing industry in Asia-Pacific, is expected to boost the scrubber system market growth.
However, during the COVID-19 pandemic, various manufacturers in the scrubber system market had to stop their business in countries, such as China, the U.S., and India. This break directly impacted the sales of scrubber system industry. In addition, lack of manpower and raw materials also constricted supply of equipment of the scrubber system market, which negatively influenced the growth of the market. However, reopening of production facilities and introduction of vaccines for coronavirus disease are anticipated to lead to re-opening of scrubber system companies.
Key Findings of the Study
- The report provides an extensive analysis of the current and emerging global scrubber system market trends and dynamics.
- By product type, the electrostatic precipitators segment dominated the scrubber system market, in terms of revenue in 2021 and the dry scrubber system segment is projected to grow at a significant CAGR during the forecast period.
- By end-user industry, the others segment has registered highest revenue in 2021.
- Asia-Pacific is projected to register highest growth rate in the coming years.
- The key players within the global scrubber system market are profiled in this report, and their strategies are analyzed thoroughly, which help understand competitive outlook of the scrubber system industry.
- The scrubber system market forecast analysis from 2022 to 2031 is included in the report.
- In-depth global scrubber system market analysis is conducted by constructing estimations for the key segments between 2022 and 2031.
Companies Mentioned
- Babcock & Wilcox Enterprises, Inc.
- Alfa Laval Anguil,
- Ceco Environmental
- Dupont De Nemours Inc.
- Evoqua Water Technologies LLC
- Fuji Electric Co. Ltd
- Hamon
- Kono Koggs Inc.
- Nederman Holding Ab
- Pollution Systems
- Tri-Mer Corporation
- The Clean Air Group LLC
- Valmet
- Verantis
- Wartsila
- Yara Marine
Methodology
The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.
They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.
They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast
Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 193 |
| Published | July 2022 |
| Forecast Period | 2021 - 2031 |
| Estimated Market Value ( USD | $ 8473.5 million |
| Forecasted Market Value ( USD | $ 13859.1 million |
| Compound Annual Growth Rate | 5.0% |
| Regions Covered | Global |
| No. of Companies Mentioned | 16 |
