Scrubber Systems Market with Geographic Segmentation, Statistical Forecast and Competitive Analysis Report to 2028

According to our latest market study on “Scrubber Systems Market Forecast to 2028 – COVID-19 Impact and Global Analysis – by Technology, Industry Verticals, and Geography,” the market is expected to grow from US$ 1,316.0 million in 2021 to reach US$ 2,989.2 million by 2028; it is estimated to grow at a CAGR of 12.4% from 2021 to 2028.

The global scrubber systems market is segmented into five major regions— North America, Europe, Asia Pacific, Middle East & Africa, and South and Central America. In 2020, Europe led the market with a substantial revenue share, followed by North America and Asia Pacific. Major manufacturing industries such as cement, glass, chemical and petrochemical, food and agriculture, and pharmaceuticals are known for harmful gas emissions. Hence, the stringent environmental regulations imposed on these industries are driving the market. For instance, the cement industry is one of the major polluting industries as it releases nitrogen dioxide (NO2) and sulfur dioxide (SO2) particulate during production. The Environmental Protection Agency (EPA) of the US has enforced the environmental compliance regulations through National Emission Standards for Hazardous Air Pollutants (NESHAP), which aims to minimize the emissions of nitrogen dioxide and sulfur dioxide at cement factories.

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The research provides answers to the following key questions:

  • What is the estimated growth rate of the market for the forecast period 2021–2028? What will be the market size during the estimated period?
  • What are the key driving forces responsible for shaping the fate of the Scrubber Systems market during the forecast period?
  • Who are the major market vendors and what are the winning strategies that have helped them occupy a strong foothold in the Scrubber Systems market?
  • What are the prominent market trends influencing the development of the Scrubber Systems market across different regions?
  • What are the major threats and challenges likely to act as a barrier in the growth of the Scrubber Systems market?
  • What are the major opportunities the market leaders can rely on to gain success and profitability?

Global Scrubber Systems Market In-Depth Analysis:

The report offers in-depth assessment of the growth and other aspects of the Scrubber Systems market in important regions. Key regions covered in the report are North America, Europe, Asia-Pacific and Latin America.

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Impact of COVID-19 Pandemic on Scrubber Systems Market

The COVID-19 pandemic has negatively influenced oil & gas, marine, petrochemical, and manufacturing industries, owing to considerable disruption in the industry supply chain activities, coupled with the several countries sealing off their international trade in the wake of the pandemic. The global oil & gas prices plummeted significantly, owing to limited demand and continuous production by the oil-producing countries. Also, international travel restriction for marine industry has lowered the demand for scrubber systems. Consequently, the discontinuation of manufacturing and petrochemical activities during the lockdown disrupted the need for any exhaust gas cleaning-related products & services, including scrubber systems.

As a result, several countries have witnessed a decline in their demand for scrubber systems in the wake of the global pandemic. In August 2020, Yara Marine Technologies—one of the leading players for marine scrubbers—has diverted its focus from the market due to COVID-19 and low oil prices. The company’s innovation manager stated that they had high hopes in 2020 for scrubber systems, but COVID-19 changed it all. However, from the third quarter, the market has witnessed a rise in demand as stringent regulations have been introduced by several governments to maintain clean air. Air scrubber systems play a vital role in removing hazardous particles from exhaust, supporting the market to regain its momentum.

Leading Scrubber Systems market Players:

  1. Babcock & Wilcox Enterprises, Inc
  2. Alfa Laval
  3. DuPont de Nemours, Inc.
  4. FUJI ELECTRIC CO., LTD.
  5. GEA Group AG
  6. Wärtsilä Corporation
  7. Hamon
  8. Yara Marine Technologies
  9. Verantis Environmental Solutions Group
  10. CECO Environmental

Scrubber Systems Market: Regional Analysis

The report has been curated after observing and studying various factors that determine regional growth such as economic, environmental, social, technological, and political status of the particular region. Analysts have studied the data of revenue, production, and manufacturers of each region. This section analyses region-wise revenue and volume for the forecast period of 2021 to 2028. These analyses will help the reader to understand the potential worth of investment in a particular region.

Global Scrubber Systems Market: Competitive Landscape

This section of the report identifies various key manufacturers of the market. It helps the reader understand the strategies and collaborations that players are focusing on combat competition in the market. The comprehensive report provides a significant microscopic look at the market. The reader can identify the footprints of the manufacturers by knowing about the global revenue of manufacturers, during the forecast period of 2021 to 2028.

Major Key Points of Scrubber Systems Market

  • Scrubber Systems Market Overview
  • Scrubber Systems Market Competition
  • Scrubber Systems Market, Revenue and Price Trend
  • Scrubber Systems Market Analysis by Application
  • Company Profiles and Key Figures in Scrubber Systems Market
  • Market Dynamics
  • Methodology and Data Source

Leading market players and manufacturers are studied to help give a brief idea about them in the report. The challenges faced by them and the reasons they are on that position is explained to help make a well informed decision. Competitive landscape of Brown Sugar market is given presenting detailed insights into the company profiles, developments, merges, acquisitions, economic status and best SWOT analysis.

NOTE: Our team is studying Covid-19 and its impact on various industry verticals and wherever required we will be considering Covid-19 analysis of markets and industries. Cordially get in touch for more details.

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