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Scrubber System Market Size, Outlook, Prominent Players, Share, Challenges and Forecast 2031 | Yara Marine, Wartsila, Verantis

02-14-2023 01:59 PM CET | IT, New Media & Software

Press release from: Report Ocean

Scrubber System Market Size, Outlook, Prominent Players,

The global scrubber system market size was US$ 8.4 billion in 2021. The global scrubber system market size is estimated to reach US$ 12.8 billion by 2030, growing at a compound annual growth rate (CAGR) of 4.8% during the forecast period from 2022 to 2030.

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A scrubber system is an air pollution control device widely used to remove certain particles and gases from the industrial exhaust. They are the most commonly used pollution control equipment due to their efficiency in controlling gaseous emissions, mainly acid gases. Dry systems and wet systems are the two main types of scrubber systems prevalent in the market. These systems use a slurry or dry reagent that is injected into the contaminated exhaust stream to eliminate acidic gases. The scrubber system can concentrate flue gas for heat recovery.

Factors Affecting Marketing Growth

Scrubber systems are available in a wide range of specifications and sizes, thus making them suitable for use in a variety of industries, such as oil & gas processing, food processing, and other manufacturing industries, which is expected to drive the global scrubber system market.
Due to the reduced risk of life-threatening diseases and the governments of various countries have mandated the installation of proper scrubber systems and fume extractors in the metal industry which is anticipated to drive the growth of the global market.
The high initial cost of these systems is a primary restraint that hinders the growth of the global market.

Impact on COVID-19 Analysis

The COVID-19 pandemic halted the production of many products in the scrubber system market, due to lockdowns and strict limitations. Furthermore, the number of pandemic cases is expected to reduce in the future with the introduction of the vaccine for COVID-19 in the market. This has led to the reopening of the global scrubber market at its full-scale capacities.

Regional Analysis

Asia-Pacific recorded the highest share of the global scrubber system market share in terms of revenue in 2021, due to the increase in the manufacturing industry and availability of labor and various government initiatives. For example, the Make in India initiative launched by the Indian government and Made in China 2025 launched by the Chinese government fuel the manufacturing sector in both, India and China.

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Leading Competitors
The prominent players in the global scrubber system market are:
Yara Marine
Wartsila
Verantis
Valmet
The Clean Air Group LLC
Tri-Mer Corporation
Pollution Systems
Nederman Holding AB
Evoqua Water Technologies LLC
Fuji Electric Co. Ltd
Others

Segmentation Analysis
The global scrubber system market segmentation focuses on End-User Industry, Construction Material, Product Type, and Region.

Segmentation on the basis of End User Industry

Construction
Metal
Energy & Power
Others

Segmentation on the basis of Construction Material

Non-metal based
Metal-based

Segmentation on the basis of Product Type

Electrostatic precipitators
Dry scrubbers
Wet scrubbers

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Segmentation on the basis of Region

North America
The U.S.
Canada
Mexico
Europe
Western Europe
The UK
Germany
France
Italy
Spain
Rest of Western Europe
Eastern Europe
Poland
Russia
Rest of Eastern Europe
Asia Pacific
China
India
Japan
Australia & New Zealand
ASEAN
Rest of Asia Pacific
Middle East & Africa (MEA)
UAE
Saudi Arabia
South Africa
Rest of MEA
South America
Brazil
Argentina
Rest of South America

Key questions answered in the global market report are:

- How does a global company acquire markets?
- What are its core strategies and policies?
- What factors will influence the market over the forecast period?
- What are the factors driving and restraining the market?
- What are the leading competitors in the global market?
- Which region is growing at a higher pace in the global market?

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