PUBLISHER: Stratistics Market Research Consulting | PRODUCT CODE: 1446973
PUBLISHER: Stratistics Market Research Consulting | PRODUCT CODE: 1446973
According to Stratistics MRC, the Global Scrubber System Market is accounted for $5.41 billion in 2023 and is expected to reach $9.32 billion by 2030 growing at a CAGR of 8.1% during the forecast period. A scrubber system is an environmental control device used to remove pollutants from industrial exhaust gases or other gas streams. It operates by passing the gas stream through a liquid or slurry solution, where pollutants such as particulate matter, acidic gases, or volatile organic compounds are absorbed or chemically reacted with the scrubbing solution. This process helps improve air quality and mitigate pollution by capturing harmful contaminants before they are released into the atmosphere. Scrubber systems are utilized in various industries to meet regulatory requirements and minimize environmental impact.
According to British Petroleum (BP), implementing Marine Pollution (MARPOL) 2020 shall bring significant changes in the marine fuel landscape, with a displacement of more than 95% of the current market.
Rising concerns about air pollution
Growing concerns about air pollution serve as a significant driver in the scrubber system market, fueling demand for technologies that mitigate harmful emissions from industrial sources. Additionally, public pressure and activism surrounding air pollution issues further drive the demand for scrubber systems. Scrubber systems play a crucial role in reducing greenhouse gas emissions and mitigating the environmental impact of industrial operations, aligning with broader sustainability goals and initiatives.
Technical challenges
Technical challenges present significant restraints in the scrubber system market, hindering the efficiency, reliability, and widespread adoption of emissions control technologies. Designing scrubber systems that can effectively remove a wide range of pollutants under varying load conditions requires intricate engineering solutions. Additionally, the corrosive nature of exhaust gases and harsh operating environments pose durability and maintenance challenges for scrubber components.
Technological advancements
Continuous research and development efforts have led to innovations in scrubber technology, resulting in more sophisticated and reliable systems that cater to diverse industrial needs. A significant advancement is the development of hybrid and multi-stage scrubber systems, which combine various scrubbing techniques to achieve higher removal efficiencies across a broader range of pollutants. As a result, technological advancement is a significant factor propelling market demand.
Disposal of scrubber waste
Scrubber systems capture pollutants from industrial exhaust gases, producing a waste stream that contains various contaminants, including sulfur compounds, heavy metals, and other harmful substances. Improper disposal of this waste can lead to environmental pollution, soil and water contamination, and health hazards for nearby communities. Moreover, the increasing volume of scrubber waste generated by the growing adoption of scrubber systems poses logistical challenges for waste management and disposal infrastructure.
Covid-19 Impact
The COVID-19 pandemic has had a notable impact on the scrubber system market. Travel restrictions and lockdown measures hindered project implementation and maintenance activities and affected the overall demand for scrubber systems. However, the pandemic also underscored the importance of environmental sustainability and air quality improvement, driving increased awareness and regulatory focus on emissions reduction.
The wet scrubber systems segment is expected to be the largest during the forecast period
The wet scrubber systems segment is estimated to hold the largest share. They operate by passing the contaminated gas stream through a liquid (usually water) where pollutants are absorbed or chemically reacted with the liquid, effectively cleaning the gas stream. Wet scrubber systems are versatile and can be customized to target specific pollutants, such as sulfur dioxide (SO2), nitrogen oxides (NOx), particulate matter, volatile organic compounds (VOCs), and hazardous air pollutants (HAPs). They find widespread use in various industries, including power generation, chemical manufacturing, steel production, and wastewater treatment.
The oil & gas industry segment is expected to have the highest CAGR during the forecast period
The oil & gas industry segment is anticipated to have lucrative growth during the forecast period, due to its extensive operations and environmental impact. Scrubber systems play a crucial role in this sector by helping to mitigate air pollution and comply with stringent emissions regulations. In upstream activities such as drilling and extraction, scrubber systems are utilized to control emissions of volatile organic compounds (VOCs), particulate matter, and other pollutants released during production processes.
Asia Pacific commanded the largest market share during the extrapolated period due to its rapid industrialization, expanding maritime trade, and increasing environmental concerns. With the region being home to several emerging economies and industrial powerhouses like China, India, and Japan, the demand for scrubber systems has surged to address air pollution challenges and comply with stringent environmental regulations. The Asia-Pacific region's dynamic economic growth, coupled with its commitment to environmental protection, positions it as a key market for scrubber systems.
Europe is expected to witness profitable growth over the projection period, owing to stringent environmental regulations and a strong emphasis on reducing air pollution. Europe's proactive stance on environmental protection, exemplified by the MARPOL Annex VI regulations, mandates the reduction of sulfur emissions from ships, driving the adoption of scrubber systems in the maritime industry. Additionally, industries across Europe, including power generation, chemical manufacturing, and refineries, are embracing scrubber technology to comply with emissions standards and mitigate environmental impact.
Key players in the market
Some of the key players in the Scrubber System Market include Automated Rig Technologies, Ensign Energy Services, Huisman, Sekal, Alfa Laval, National Oilwell Varco, Wartsila Corporation, Babcock & Wilcox, Duke Energy, Fuji Electric Co. Ltd., Tri-Mer Corporation, Verantis, Valmet, and Brenntag.
In November 2023, Duke Energy and Piedmont Natural Gas Partner with Regional Better Business Bureaus to Protect Customers from Scams
In August 2023, Fuji Electric Co., Ltd. is announced the launch of the P633C Series 3rd-generation small IPMs, which helps reduce the power consumption of the equipment on which it is mounted, such as home appliances and machine tools.
In July 2023, Fuji Electric Co., Ltd. is announced the expansion of the 7500WX Series high-capacity uninterruptible power supply systems (hereinafter, "UPS") to launch a new product with a single-unit capacity of 2,400 kVA.
In November 2022, Duke Energy collaborates with AWS to accelerate the utility's development of industry-leading grid solutions that will benefit customers and help advance Duke Energy's clean energy transition.
Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.