Global Scrubber system Market to reach USD 2.7 billion by 2025 | CAGR: XX%
Global Scrubber system Market is 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.
New York 6 June 2018, As per the new research study conducted by Bizwit Research & Consulting, Global Scrubber system industry is poised to raise USD 2.7 billion by 2025. Some key components for the market development will be; growing stringent environmental regulations to reduce atmospheric emissions.
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Global Scrubber system Market Size study, by Type (Wet (Design), Dry (Sorbent Mixing)), by End-User (Marine, Oil & Gas, Petrochemicals & Chemicals, Pharmaceuticals, Glass, Pulp & Paper, Food & Agricultural, Wastewater Treatment) and by Regional Forecasts 2017-2025
The industry seems to be fairly competitive. Some of the leading market players include Benchmarking, B & W, CECO, DuPont, Evoqua, Fuji electric, GEA, and so on. Other market players discussed in the report include Wartsila, HZI, Tri-Mer, Yara marine. New product launches, acquisitions, and mergers are some of the strategies adopted by the key manufacturers. Additionally, the fierce competitiveness has made these players spend in product developments to improve the customer’s requirements.
Key findings of the study:
- Market in Europe is expected to be the largest in the scrubber system market.
- Stringent legislations against disposal of contaminated effluents from scrubber systems could act as a restraint for the scrubber system market.
- Wet scrubber segment led the scrubber system market in 2017, and is expected to dominate the market.
Bizwit Research & Consulting LLP has considered the following segments for the study:
- Sorbent mixing
By End User:
- Oil & Gas
- Petrochemicals & chemicals
- Pulp & Paper
- Food & Agriculture
- Wastewater treatment
- North America
- Asia Pacific
- Latin America
- Rest of the World