The use of a scrubber system has a substantial, positive effect on the environm

Posted by Manik on March 3rd, 2020

Scrubber System Market: Summary

The Global Scrubber System Market is estimated to reach USD 2.6 Billion by 2025 at a CAGR of 12.4%, observes forencis research (FSR).

Scrubber system is defined as a system which is used for elimination toxic components from the industrial exhaust gases before releasing them into the environment. The system is very beneficial as it eliminates around 98% of sulphur from exhaust gases. However, the maintenance and installation of this system can be expensive. The use of a scrubber system has a substantial, positive effect on the environment as the number of pollutants that can be introduced into the environment has been reduced drastically. This results in improved air quality and lower health risks.

 Scrubber System Market: Drivers & Challenges

Market Drivers:

Increasing Regulations to Control Air Pollution

Air pollution harms people health and environment drastically, to reduce air contamination various governing authorities and stakeholders are continuously working worldwide. Various laws are passed in the regard of air pollution such as the Clean Air Act of 1970, the Air Pollution Control Act of 1955 amongst others. Recently, the International Maritime Organization (IMO) made changes in the limit of sulphur in ship fuel oil to reduce emissions. Scrubber system implementation can help the marine industry players to run successfully under such regulations.

Thus, increasing regulations to control air pollution may contribute to the growth of the scrubber system market, during the forecasted period.

Market Challenges:

Adoption of Alternative Fuel

Currently, the scrubber system is required because the type of fuels used in the industries emits high percentage of sulphur in exhaust gases. The usage of alternative fuels such as low sulfur fuel oil or liquefied natural gas can eliminate the requirement of the scrubber system as these type of fuels does not emit high percentage of sulphur into the environment.

Thus, the adoption of alternative fuel can be challenging for the growth of the scrubber system market, during the forecast period.

 Scrubber System Market: Key Segments

  •          Segmentation based on component covers: Fan, Nozzle, Quencher, Pump and
  •          Segmentation based on type covers: Wet and
  •          Segmentation based on end user covers: Marine, Petrochemical, Chemicals, Glass and
  •          Segmentation based on region covers: North America, South America, Europe, Asia-Pacific, Middle East & Africa and South America, with individual country-level analysis.

Scrubber System Market: Report Segmentation

For the scope of the report, In-depth segmentation is offered by Forencis Research

Scrubber system Market, by Component

  •          Fan
  •          Nozzle
  •          Quencher
  •          Pump
  •          Others

Scrubber system Market, by Type

  •          Wet
  •          Dry

Scrubber system Market, by End User

  •          Marine
  •          Petrochemical
  •          Chemicals
  •          Glass
  •          Others

 Flow Meters Market, by Region

Asia-Pacific

  •          China
  •          India
  •          Japan
  •          South Korea
  •          Australia
  •          Rest of Asia-Pacific

North America

  •          US
  •          Canada
  •          Mexico

Europe

  •          Germany
  •          France
  •          Italy
  •          UK
  •          The Netherlands
  •          Rest of Europe

Middle East and Africa

  •          Saudi Arabia
  •          UAE
  •          Rest of Middle East & Africa

South America

  •          Brazil
  •          Argentina
  •          Rest of South America

 About Forencis Research

Forencis Research is a B2B market research, intelligence and advisory firm engaging in market research and consulting services across leading industries, globally. Our robust and meticulous research team provides high growth and niche syndicated reports, customized reports and consulting reports to the diverse global fortune clientele and intellectual institutions. Forencis Research database is a constantly evolving pool of reports and white paper studies which helps companies to foster accelerated revenue growth in global and regional markets. Forencis Research delivers market research and consulting reports on high growth markets to help companies dominate their competition and set themselves apart by attaining increased revenue growth. To enable exclusive insights around the target market, Forencis Research employs robust research Methodology & Design which includes data acquisition, data synthesis and data correlation, through Primary and Secondary Research. Through the obtained data, Top-down and bottom-up methods are exercised to attain and verify data sanity within the entire market. This market data is yet again correlated with Forencis Research’s internal database before presenting it in any of our final publications. These methods of data correlation and amalgamation benefit us to put forward accurate market estimates enabling our clients to transform their business, markets and most importantly their “REVENUES”.

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Manik

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Manik
Joined: January 13th, 2020
Articles Posted: 169

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