Scrubber Systems Market to hit US$ 2,989.2 million, Globally, by 2028 at 12.4% CAGR: The Insight Partners

The Insight Partners published the latest research study on "Scrubber Systems Market Forecast to 2028 - COVID-19 Impact and Global Analysis - by Technology, Industry Verticals, and Geography," the market is expected to grow from US$ 1,316.0 million in 2021 to reach US$ 2,989.2 million by 2028; it is estimated to grow at a CAGR of 12.4% from 2021 to 2028.

Increase in Global Seaborne Trades and Leisure Activities

Rising international trades through sea routes and increasing leisure activities are propelling the growth of the scrubber system market. The rise in global seaborne business can be attributed to its economical transportation cost and continually rising global demand for goods and petroleum products. Furthermore, the rising participation in leisure activities such as cruise vacations and the international voyage is increasing the use of marine ships and subsequently fueling the growth of the scrubber system market. The rise in leisure activities can be attributed to the increasing per capita income of consumers. Hence, the increase in sulfur emission from ships-owing to flourishing global trade-and escalated maritime transportation across the developing and developed economies are boosting the scrubber system installations.

Get a Sample Copy of this Report at https://bit.ly/3wClERT

The List of Companies - Scrubber System Market

Babcock & Wilcox Enterprises, Inc.; Alfa Laval, DuPont de Nemours, Inc.; FUJI ELECTRIC CO., LTD.; GEA Group AG; Wärtsilä Corporation; Hamon; Yara Marine Technologies; Verantis Environmental Solutions Group; and CECO Environmental are among the major companies operating in the scrubber systems market.

Players operating in the scrubber system market are mainly focused on the development of advanced and efficient products.

In July 2021, Babcock & Wilcox Environmental announced that it would support Amager Resource Center's application to build an advanced carbon dioxide capture facility at ARC's Amager-Bakke (Copenhill) waste to energy facility in Copenhagen, Denmark, for more than US$ 140 million.

In September 2021, DuPont Clean Technologies introduced an innovative and advanced steam plume suppression solution for its MECS DynaWave scrubbers in sulfur recovery units (SRU) applications. Sennuba provides reliable corrosion control and plume suppression in the scrubbing system that is at minimal risk of plugging.

The global scrubber systems market is segmented into five major regions- North America, Europe, Asia Pacific, Middle East & Africa, and South and Central America. In 2020, Europe led the market with a substantial revenue share, followed by North America and Asia Pacific. Major manufacturing industries such as cement, glass, chemical and petrochemical, food and agriculture, and pharmaceuticals are known for harmful gas emissions. Hence, the stringent environmental regulations imposed on these industries are driving the market. For instance, the cement industry is one of the major polluting industries as it releases nitrogen dioxide (NO2) and sulfur dioxide (SO2) particulate during production. The Environmental Protection Agency (EPA) of the US has enforced the environmental compliance regulations through National Emission Standards for Hazardous Air Pollutants (NESHAP), which aims to minimize the emissions of nitrogen dioxide and sulfur dioxide at cement factories.

Inquire before Buying at https://bit.ly/3usDYdF

The global scrubber systems market is segmented based on technology and industry verticals. Based on technology, the market is segmented into wet technology and dry technology. In terms of industry verticals, the market is categorized into marine, oil and gas, petrochemicals and chemicals, food and agricultural, wastewater treatment, healthcare, and others. Based on geography, the market is segmented into North America (the US, Canada, and Mexico), Europe (France, Germany, Italy, the UK, Russia, and the Rest of Europe), Asia Pacific (China, India, South Korea, Japan, Australia, and the Rest of APAC), the Middle East & Africa (UAE, Saudi Arabia, South Africa, and the Rest of MEA), and South America (Brazil, Argentina, and the Rest of SAM).

Reason to Buy

Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global Scrubber Systems market.

Highlights key business priorities in order to guide the companies to reform their business strategies and establish themselves in the wide geography.

The key findings and recommendations highlight crucial progressive industry trends in the Scrubber Systems market, thereby allowing players to develop effective long term strategies in order to garner their market revenue.

Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.

Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those restraining the growth at a certain extent.

Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.

Purchase a copy of the report @ https://bit.ly/3D9nQSe

Contact Us:

If you have any queries about this report or if you would like further information, please

Contact Person: Sameer Joshi
E-mail: sales@theinsightpartners.com
Phone: +1-646-491-9876

About Us:

The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials.

This release was published on openPR.