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Wet Scrubber Market Size Reach $1.78 Billion By 2027 | Demand for Clean Air is Witnessing an Exponential Increase Every Year With Rising Pollution Levels: Grand View Research, Inc.

Wet Scrubber Market Size Reach $1.78 Billion By 2027 | Demand for Clean Air is Witnessing an Exponential Increase Every Year With Rising Pollution Levels: Grand View Research, Inc.

Grand View Research, Inc. – Market Research And Consulting.

According to a new report by Grand View Research, Inc the growth of the market can be attributed to the sustained growth in the number of coal and power plants, coupled with stringent regulations on air pollution control. Wet scrubber is an effective air pollution control device. It eliminates particulate matter and harmful gases from industrial exhausts. The device works by introducing the polluted gas stream with a scrubbing liquid, mostly water, where the polluting matter is collected.

The global wet scrubber market size is expected to reach USD 1.78 billion by 2027, according to a new report by Grand View Research, Inc., expanding at a CAGR of 7.8% from 2020 to 2027. The market is largely driven by growing gas treatment techniques, mostly in power generation, refineries, and chemical plants for gas treatment.

Numerous emission standards have been implemented by many governments for regulating air quality. Furthermore, monitoring agencies such as the Environmental Protection Agency (EPA), Central Pollution Control Board, and European Environment Agency (EEA) are implementing strict protocols for air pollution control, which, in turn, is projected to drive the market.

U.S. wet scrubber market size

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Wet scrubbers are capable of handling gases as well as air particulates, which has boosted their demand where controlling air pollution is of primary concern. Besides, wet scrubber has higher acid gas control efficiency than other control methods. Wet scrubbers also help in neutralizing corrosive gases, which has increased their demand in numerous industrial applications.

Wet Scrubber Market Report Highlights

  • Packed bed scrubber emerged as the largest product segment in 2019 with a share of 44.5% owing to its high efficiency and low capital cost

  • The power generation end-use segment led the market and accounted for 23.2% share of the global revenue in 2019, as power plants are the largest source of SO2, acid gases, and mercury

  • Asia Pacific dominated the market and accounted for 34.5% share of the global revenue in 2019, owing to the significant growth of power generation, chemical, and petrochemical industries in the fastest-growing markets, including China and India

  • Europe emerged as the second-largest regional market in 2019 on account of numerous technological developments and stringent government regulations on air pollution

  • Advanced research and development operations by market participants have led to extremely innovative designs, which has optimized the adoption of wet scrubbers across the globe

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Global wet scrubber market share

 

The industry is highly fragmented with the presence of a large number of participants across the value chain. Market players have been witnessing intense competition in terms of product offering at a competitive price range. The global wet scrubber industry is expected to witness significant rivalry over the forecast period.

Access complete Wet Scrubber Market Report By Grand View Research, Inc.

Grand View Research has segmented the global wet scrubber market on the basis of product, end-use, and region:

Wet Scrubber Product Outlook (Revenue, USD Million, 2016 – 2027)

  • Packed Bed

  • Venturi

  • Spray

  • Others

Wet Scrubber End-use Outlook (Revenue, USD Million, 2016 – 2027)

  • Power Generation

  • Chemical

  • Cement

  • Refinery and Petrochemicals

  • Pulp & Paper

  • Others

Wet Scrubber Regional Outlook (Revenue, USD Million, 2016 – 2027)

  • North America

    • U.S.

    • Canada

    • Mexico

  • Europe

    • Germany

    • France

    • Italy

    • Spain

    • U.K.

  • Asia Pacific

    • China

    • India

    • Japan

    • South Korea

    • Australia

  • Central & South America

    • Brazil

    • Argentina

  • Middle East & Africa

    • UAE

    • Saudi Arabia

    • South Africa

List of Key Players of Wet Scrubber Market

  • Babcock & Wilcox Enterprises, Inc.

  • Alfa Laval

  • CECO

  • DuPont

  • Evoqua

  • Fuji Electric

  • GEA

  • Wärtsilä

  • Hamon Research-Cottrell

  • HZI

  • KCH

  • Nederman Mikropul

  • Tri-Mer

  • Verantis

  • Yara Marine

 

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About Grand View Research

 

Grand View Research provides syndicated as well as customized research reports and consulting services on 46 industries across 25 major countries worldwide. This U.S.-based market research and consulting company is registered in California and headquartered in San Francisco. Comprising over 425 analysts and consultants, the company adds 1200+ market research reports to its extensive database each year. Supported by an interactive market intelligence platform, the team at Grand View Research Guides Fortune 500 companies and prominent academic institutes in comprehending the global and regional business environment and carefully identifying future opportunities.

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