Information Technology & Telecommunication / Wet Scrubber Market Growth, Trends And Forecast (2022 - 2027) By Types, By Application, By Regions And By Key Players - Babcock & Wilcox Enterprises, Inc. Alfa Laval
Wet Scrubber Market Growth, Trends And Forecast (2022 - 2027) By Types, By Application, By Regions and By Key Players - Babcock & Wilcox Enterprises, Inc. Alfa Laval
The global Wet Scrubber Market size is projected to accrue voluminously by 2027 registering a phenomenal CAGR of 7.9% during the review period (2022 to 2027)
Wet Scrubber Market Overview
Scrubber is a device to control the air pollution. In other words, the scrubber system is responsible for defensive the exhaust streams of factories against a wide range of harmful gases or particulates. A wet scrubber is used to tackle particulate matter and harmful gases that are emitted from the industrial exhaust by capturing them in liquid droplets. Wet scrubbers also eliminate the probability of industrial explosions or fire hazards by absorbing the hazardous and dry inflammable gases. Strict regulations compulsory by the government over industries in regards to air pollution and harmful gas emissions coupled with increasing environmental concerns is driving the growth in the wet scrubber market value. Stringent standards and protocols imposed by the monitoring agencies will further expand the demand for wet scrubber. Increased adoption of gas treatment techniques by petrochemical plants and refineries will further induce growth in the market value. Increasing and developing need for tracking air pollution in emerging economies will also promote the wet scrubber market growth rate. The cement industry is one of the main polluting industries. The major pollutants emitted contain particulate matter, SO2, and NO2. To ensure compliance with environmental standards by the cement plant operators, the governments of the respective countries conduct inspections in the plant facilities. Cement plants typically use wet scrubbers to reduce the plant’s SO2 emissions. The scrubber treats gasses leaving the preheater and alkali bypass systems.
Industry News
OKI Communication Systems, will introduce ACT100Lite, a latest automatic wet scrubber for metal masks employed in solder printing as part of the surface mounting procedure of electronic components on printed circuit boards.
In August 2019, LiqTech International secured an $8.4 million marine scrubber order from the world’s renowned and largest companies. The contract will reinforce LiqTech’s position as a leading supplier of ceramic silicon carbide water filtration system for marine scrubbers.
What are the major Applications, Types and Regions for Wet Scrubber Market?
By Type, it is segmented into
Packed Bed Scrubber
Venturi Scrubber
Spray Scrubber
Others
By Applications it is segmented into
Power Generation
Chemical
Cement
Refinery and Petrochemicals
Pulp & Paper
Others
Wet Scrubber Market Regional Analysis
Asia-Pacific dominated the scrubber market in 2021 and is probable to continue its dominance in the coming years as well. Factors, such as increasing concerns regarding air pollution and strict emission control regulations in major countries, are driving the market in the region.
China has a set of prohibitions called the national action plan on air pollution. This imposed a nationwide cap on coal use, divided up among provinces so that Beijing (for instance) had to reduce its coal consumption by 50% between 2014 and 2021. The plan banned new coal-burning capacity and accelerated the use of filters and scrubbers in the country.
North America
US
Canada
Europe
Germany
France
UK
Italy
Spain
Rest of Europe
Asia-Pacific
China
Japan
India
Australia
South Korea
Rest of Asia-Pacific
Rest of the World
Middle East & Africa
Latin America
The Wet Scrubber Market describes the factors driving the global growth opportunities in upcoming years and highlights market channels. In addition, the report analyzes market size and share, trends, by geographic region, end-use type and segment. It focuses extensively on revealing a detailed regional analysis. The Global Wet Scrubber Market report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry.
What is our Wet Scrubber Market Report Scope?
Report Attributes
Report Details
Forecast Period 2022 to 2027 CAGR
CAGR of 7.9% during the review period (2022 to 2027).
Yes, the report can be customized as per your needs
Key Takeaways from this Wet Scrubber Report
Evaluate Wet Scrubber market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level - for product types, end use applications and by different industry verticals.
Understand the different dynamics influencing the market - growth driving factors, specific challenges and hidden opportunities.
Get in-depth insights on your competitor performance – revenue, shares, business strategies, financial benchmarking, product benchmarking, SWOT analysis and more.
Analyze the sales and distribution channels across geographies to enhance top-line revenues.
Understand the demanding supply chain with a deep dive on the value augmentation at each, in order to optimize value and bring efficiencies in your processes.
Get a quick outlook on the Wet Scrubber market entropy - M&A's, deals, partnerships, product launches of all key players for the past 4 years.
Evaluate the import-export statistics, supply-demand and competitive landscape for more than top 20 countries globally for the market.
FAQ -
What is the study period of this market?
The Wet Scrubber Market is studied from 2017 - 2027.
What is the growth rate of Wet Scrubber Market?
The Wet Scrubber Market is growing at a CAGR of 7.9% over the next 5 years.
What regions does this Wet Scrubber Market report covers?
North America (the United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
All our reports are custom made to your company needs to a certain extent, we do provide 5 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report as your needs.
SECONDARY RESEARCH Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
EXPERT VALIDATION The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.
