Scrubber System Market Size & Forecast 2031
The global scrubber system market size was valued at $8.47 billion in 2021, and is projected to reach $13.86 billion by 2031, growing at a CAGR of 4.8% from 2022 to 2031.
Scrubber system is an air pollution control device that is extensively used to remove some particulates and gases from industrial exhausts. Scrubbers are one the most commonly used pollution control devices owing to its efficiency to control gaseous emissions, especially acid gases. Dry system and wet system are the two main types of scrubber systems prevailing in the market. 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.
Market Dynamics
The global manufacturing and processing industry is witnessing significant growth owing to rise in demand for products, such as food & beverage, oil & gas, and pharmaceutical. 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. Scrubber systems are available in a wide range of specifications and sizes, thus making them suitable for use in variety of industries, such as oil & gas processing, food processing, and other manufacturing industries is anticipated to boost the scrubber system market opportunities. However, high initial cost of these systems is a major restraint on the growth of the market.
Major players have adopted various strategies, such as product launch and acquisition to sustain the competition and improve the product portfolio. For instance, in January 2021, Valmet is enhancing emission control with its patented and fully automatic water treatment solution for the marine scrubber system and exhaust gas recirculation system. This aims in diversifying its portfolio.
The scrubber system market is segmented into End-user industry, Construction material and Product 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).
On the basis of product type, the electrostatic precipitators segment generated the highest revenue in 2021, due to increasing awareness for air quality management and rapid industrialization in both developing & developed economies is expected to boost the scrubber system market growth.
On the basis of region, Asia-Pacific registered highest share global scrubber system market share in terms of revenue in 2021, owing to rise in manufacturing industry and availability of labor and various government initiatives. For instance, “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. Thus, rapid growth of manufacturing industry in Asia-Pacific provides lucrative growth opportunities for the scrubber system market.
On the basis of construction material, the metal-based segment accounted for the highest revenue in the global market in 2021, owing to reduce the 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. This is expected to boost the growth of the market.
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, Yara Marine.
Key Benefits For Stakeholders
The report provides an extensive analysis of the current and emerging global scrubber system market trends and dynamics.
In-depth scrubber system market analysis is conducted by constructing market estimations for key market segments between 2022 and 2031.
Extensive analysis of scrubber system market is conducted by following key product positioning and monitoring of top competitors within the market framework.
A comprehensive analysis of all the regions is provided to determine the prevailing opportunities.
Scrubber system market forecast analysis from 2022 to 2031 is included in the report.
The key players with in scrubber system market are profiled in this report and their strategies are analysed thoroughly, which help understand the competitive outlook of scrubber system industry .
Scrubber System Market Report Highlights
| Aspects | Details |
 By End-user industry |
|
 By Construction material |
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 By Product type |
|
 By Region |
|
 Key Market Players | Valmet, Verantis, Yara Marine, DuPont de Nemours Inc.,, Kono Koggs Inc.,, Wartsila, The Clean Air Group LLC, Alfa Laval Anguil,, Fuji Electric Co. Ltd, Babcock & Wilcox Enterprises, Inc., Evoqua Water Technologies LLC, CECO ENVIRONMENTAL, Pollution Systems, HAMON, Nederman Holding AB, Tri-Mer Corporation |
Analyst Review
The scrubber system market has observed huge demand in North America, Asia-Pacific, and Europe. Asia-Pacific is projected to register significant growth in near future due to availability of labor and various government initiatives. For instance, “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. Thus, the rapid growth of the manufacturing industry in Asia-Pacific provides lucrative growth opportunities for the scrubber system market. The electrostatic precipitators segment generated the highest revenue in 2021, due to increasing awareness for air quality management and rapid industrialization in both developing & developed economies.
Various market players have adopted strategies, such as product launch, business expansion, acquisition, and agreement to expand its business and strengthen its market position. For instance, in June 2022, CECO Environmental, a leading environmentally focused, diversified industrial company completed the acquisition of industrial air quality consultancy and engineering firm, Western Air Ducts Ltd. As a result, such strategic moves are expected to provide lucrative growth opportunities in the global scrubber system market.
Rise in manufacturing and processing industry such as food & beverage, pharmaceutical and others the upcoming trends of Scrubber System Market in the world.
Electrostatic Precipitators is the leading product type of Scrubber System Market.
Asia-Pacific is the largest regional market for Scrubber System.
The global scrubber system market size was valued at $8,473.5 million in 2021.
The key players that operate in the scrubber system market are Alfa Laval Anguil, Inc., Babcock & Wilcox Enterprises, 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.
The base year calculated in the global scrubber system market report is 2021.
The top 17 market players are selected based on two key attributes - competitive strength and market positioning.
The report contains an exclusive company profile section, where leading 17 companies in the market are profiled. These profiles typically cover company overview, geographical presence, market dominance (in terms of revenue and volume sales), various strategies and recent developments.
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