Market Research Future (MRFR) is predicting that the global scrubber system market will grow at 12.3% CAGR during the forecast period (2018-2023). The dynamics of the scrubber system market include an intricate mix of factors across environmental, regulatory, and industry segments. For instance, in various sectors such as power generation plants, manufacturing factories and marine vessels among others; they are important components for reducing air pollution through separation of contaminants from industrial emission. Strict legislation on environment protection coupled with increasing concerns on quality of air necessitates a prompt reaction demand for such systems that require installation.
The major driver behind these dynamics are governing emissions regulations relating to this sector and many more related factors like sulfur oxides (SOx), nitrogen oxides (NOx) and particulate matters which have been universally imposed by Environmental agencies worldwide to check air pollution. Such solutions may come in form of exhaust gas cleaning systems (EGCS) which are necessary to fulfill industry needs thus comply with those policies before any harmful releases could take place.
Another factor influencing demand for compliance is the shipping industry, particularly when it comes to regulations like International Maritime Organization's (IMO) sulfur cap regulations. Maritime companies have been forced to embrace scrubbers technology so as cope with IMO’s requirements which limit sulphur levels on ships sailing consuming high sulphur fuels.
The scrubber system market is made up of various participants engaged in their production such as service providers, technology creators and manufacturers. Typically, established firms offer a range of scrubber solutions targeted to different industry applications building upon their know-how in emissions control. Alternatively, new businesses may be involved in inexpensive answers or customized services to meet the unique needs of certain industries while they enter the market.
Report Attribute/Metric | Details |
---|---|
Market Size Value In 2022 | USD 0.9 Billion |
Market Size Value In 2023 | USD 0.99 Billion |
Growth Rate | 10% (2023-2032) |
Scrubber System Market Size was estimated at USD 0.99 Billion in 2023. The Scrubber System market industry is projected to grow and expand from USD 1.09 Billion in 2024 to USD 2.12 Billion by 2032, exhibiting a growth rate or compound annual growth rate (CAGR) of 8.68% during the forecast period (2024 - 2032). Governments use strict rules to combat air pollution, and Gaseous emissions are regulated in the maritime sector and are the key market drivers contributing to market growth and expansion.
Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review
The market CAGR for scrubber systems is driven by the rising governments strict rules to combat air pollution. The worldwide scrubber equipment market is expected to increase steadily in the next years. These systems are pollution control devices that remove small gases and particles from exhaust streams. They inject a slurry or a dry chemical into a dirty exhaust stream to clean acidic gases. Scrubbers are one of the most important devices for reducing gas emissions, particularly acidic gases. They also recover heat from hot gases via flu-gas condensing and high velocities in LED, photovoltaic (PV), and solar technologies. Controlling sulfur dioxide emissions will become increasingly important as emission standards tighten.
Additionally, rising demand from the maritime industry to meet new gas emission rules will drive the market. Scrubber systems, on the contrary, corrode easily and produce slurry waste products that are challenging to reuse or eliminate. Furthermore, stringent regulations controlling the discharge of contaminated wastewater from scrubber devices will likely impede the global Scrubber System Industry throughout the study period.
The worldwide manufacturing and processing business is expanding due to the rising need for food, oil and gas, and pharmaceutical items. The expansion of manufacturing facilities leads to the release of numerous toxins and dust particles. This increases the demand for pollution-control technologies like scrubber systems. Scrubber systems can be found in several specs and sizes, making them appropriate for usage in oil and gas, processing of food, and other industrial industries, which is expected to enhance the scrubber system market potential. However, the high starting price of such equipment is a key impediment to industry expansion. Increasing international trade via key sea routes and increasing recreational pursuits due to decreased transit costs and greater global demand for a range of goods and petroleum-based goods are significant factors driving global market development. Furthermore, increased participation in recreational pursuits like cruise holidays and overseas journeys results in increased usage of marine ships, which supports market growth.
In 2019, the new coronavirus quickly spread throughout numerous nations and areas, greatly influencing people's lives. It originated as a human health issue and has become a major danger to global trade, economics, and finance. Due to lockdowns caused by the COVID-19 epidemic, numerous items in the scrubber system industry were suspended. Furthermore, with the release of the COVID-19 vaccine to the market, the total amount of COVID-19 cases is predicted to decrease in the future. This has resulted in reopening the scrubber system sector at full capacity. This is predicted to aid market recovery by the end of 2022.
For instance, The Indian government aspired to attain a five trillion-dollar economy by 2024, with various big projects planned. China is also playing an important role and spending much on energy security. However, the grave worry over GHG emissions and increasing sea levels compelled the government to adopt drastic measures. This would result in a profitable market for scrubber systems. Thus, it is anticipated that demand for Scrubber Systems will increase throughout the projected timeframe due to the rising Governments strict rules to combat air pollution. Thus, driving the Scrubber System market revenue.
The Scrubber System Market segmentation, based on type, includes Wet Scrubber Systems and Dry Scrubber Systems. The wet scrubber system segment dominated the market, accounting for 65% of market revenue (USD 0.6 billion) in 2022. The ongoing rise in the amount of coal as well as gas-fired power stations, along with several strict air pollution control rules imposed by authorities from different nations, is one of the primary drivers driving the segment growth, as it effectively removes particulate matter pollutants and has significance from manufacturing exhausts.
Figure 1: Scrubber System Market, by Type, 2024 & 2032 (USD Billion)
Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review
The Scrubber System Market segmentation, based on End-Uses, includes Oil & Gas, Automotive, Food & Beverages, Chemical, and others. The oil & gas category Informatics category generated the highest market revenue of about 34% (USD 0.3 billion) in 2022. The dependence on fossil fuels and the continued rise in energy consumption in emerging and developed nations are the primary drivers expected to drive growth. Additionally, given urbanization in emerging nations and growth in total users, there has been a large increase in demand for energy, pushing governments in numerous countries to adopt proactive measures to ensure a steady power supply.
The research provides market insights into North America, Europe, Asia-Pacific, and the Rest of the World by region. The North American Scrubber System market will dominate during the projected timeframe as the region follows worldwide policies that promote environmental safety, boosting the market growth in the North American region.
Further, the major countries studied in the market report are the US, Canada, German, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.
Figure 2: Scrubber System Market Share by Region 2022 (USD Billion)
Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review
Europe region’s Scrubber System market accounts for the second-highest market share as it has relatively robust government pollution rules, leading several firms to adopt scrubber systems to improve their production ability. Ships are also closely observing the process. Further, the German Scrubber System market holds the largest market share, and the UK Scrubber System market is expected to grow and expand significantly in the European region during the projected timeframe.
The Asia-Pacific Scrubber System Market is expected to grow quickly during the projected timeframe. The rapid rise of the local marketplace might be attributed to greater knowledge of the numerous health risks and concerns associated with pollution in the air, as well as rising industry and urbanization in developing countries. Moreover, China’s Scrubber System market dominates the market share, and the Indian Scrubber System market is expected to expand and grow steadily in the Asia-Pacific region during the projected timeframe.
Leading market players invested heavily in research and Development (R&D) to scale up their manufacturing units and develop technologically advanced solutions, which will help the Scrubber System market grow worldwide. Market participants are also undertaking various organic or inorganic strategic approaches to strengthen and expand their global footprint, with significant market developments including new product portfolios, contractual deals, mergers and acquisitions, capital expenditure, higher investments, and strategic alliances with other organizations. Businesses are also coming up with marketing strategies such as digital marketing, social media influencing, and content marketing to increase their scope of profit earnings. The Scrubber System industry must offer cost-effective and sustainable options to survive in a highly fragmented and dynamic market climate.
Manufacturing locally to minimize operational expenses and offer aftermarket services to customers is one of the critical business strategies organizations use in the global Scrubber System industry to benefit customers and capture untapped market share and revenue. The Scrubber System industry has recently offered significant advantages to the Industrial Motors, Pumps, and Control devices industry. Moreover, more industry participants are utilizing and adopting cutting-edge technology has grown substantially. Major players in the Scrubber System market, including Alfa Laval, Nederman Mikropul, Wärtsilä, Alfa Laval, Yara Marine, DuPont, CECO, Evoqua, Verantis, Fuji Electric, Croll Reynold, Fabritech Engineers, Beltran Technologies, and others are attempting to expand market share and demand by investing in R&D operations to produce sustainable and affordable solutions.
LiqTech is a very specialized industry. They are laser-focused on the areas where we feel our technological and practical skills can have the most impact. They are experts in sophisticated membrane filtration technologies for liquid and gas purification. LiqTech Global received an $8.4 million marine filter order from one of the world's most prestigious corporations. The deal will strengthen LiqTech's reputation as the leading ceramics silicon carbide water filter manufacturer for marine cleaners.
Echo's unique software is simple to use, adaptable, and highly expandable, allowing it to meet a shipper or carrier's changing transportation management demands. It provides transport alongside supply chain management solutions using technology. To support its customers' shipping and logistics needs, its online technology system aggregates and analyses data from the network that includes more than 24,000 carriers. Global Echo introduced the MS-SOx exhaust scrubber system, which requires no dry docking for retrofitting.
August 2019 LiqTech Global received an $8.4 million marine filter order from one of the world's most prestigious corporations. The deal will strengthen LiqTech's reputation as the leading ceramics silicon carbide water filter manufacturer for marine cleaners.
July 2019: Global Echo introduced the MS-SOx exhaust scrubber system, which requires no dry docking for retrofitting.
April 2019 A large Chinese corporation awarded Alfa Laval a contract to install a PureSOx scrubber system to perform exhaust cleaning on 31 vessels. In addition, the firm inked a long-term maintenance contract with Alfa Laval to protect and optimize scrubber functioning.
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