Scrubber System Market Size and Growth
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According to the research report,
the Scrubber System Market size was valued at USD 0.9 billion in 2016
is anticipated to grow USD 2.7 billion with the compounded annual growth of 13%
over the forecast period 2017-2025.
The Scrubber system can be considered
as an important element in the control of air pollution. Given the concerns
expressed by the authorities about ecological damage, the maintenance of a safe
level of pollution in industries has become very important. As a result, the
market has been stimulated by the fact that many industries are now integrating
the scrubber system into their manufacturing process. Scrubber systems protect
the exhaust flow of factories and ships against certain gases or particles. In
doing so, it reduces the level of pollutants in the air.
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Drivers and Restraints of Scrubber
System Market
The Scrubber system market is ready for
sustained growth in the coming years. These systems constitute a diverse group
of air pollution control devices that remove certain particles and gases from
the exhaust streams. They inject a suspension or a dry reagent into the
contaminated exhaust stream to clean acid gases. They are also used for heat
recovery of hot gases by condensation of fluid gases and high flows in LED,
photovoltaic (PV) or solar processes. The various applications should be a good
omen for a market expansion in the near future. The introduction of strict
regulations by different governments to control these effects should further
stimulate the market. On the other hand, the standards for safety are quite
strict and require a lot of time to be approved, which can affect the market
outlook during the forecast period.
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Regional Presence in Scrubber System
Market
At the regional level, the market for
Scrubber systems can be divided into five main regions: North America, Latin
America, Asia-Pacific, Europe, and Middle East and Africa. Europe is expected
to maintain the largest share in this market in the coming years. This is
because the International Maritime Organization (IMO) has limited the use of
sulfur content in fuel oil, that is, 0.5% m / m (mass), in ships and very large
vessels crude oil carriers. This limit will take effect on January 1, 2020. In
other words, shipping companies will be required to make efforts to regulate
their sulfur oxide emissions from their ships to the specified limit. In the Asia-Pacific
region, the growth of the wastewater treatment market seems promising due to
the growing awareness and education about environmental protection.
Some of the promising companies leading Scrubber System
Market:
Alfa Laval,
Nederman Mikropul, Wärtsilä, Alfa Laval, Yara Marine, DuPont, CECO, Evoqua,
Verantis, Fuji Electric, Croll Reynold, Fabritech Engineers, Beltran
Technologies, etc.
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