The global scrubber system market is predicted to reach USD 8,055 million by 2030, growing at a CAGR of 5.75% between 2022 and 2030. This can be attributed to the increasing implementation of strict environmental laws by governments to limit air pollutants.
Additionally, the growth in manufacturing facilities results in the discharge of several toxins and dust particles. Scrubber systems and other pollution control technologies are thus in high demand. Also, these systems are available in a wide range of specifications and sizes and have applications in a variety of sectors, due to which their sales in the manufacturing, oil & gas, and food processing industries are increasing.
Due to growing environmental awareness and concerns, as well as government efforts, there is an increase in the demand for scrubber systems. Environmental protection laws and criteria are becoming more crucial in order to decrease the consequences of industrial emissions. The emphasis of these restrictions is on promoting the use of non-toxic products, altering industrial processes, and implementing conservation measures. Furthermore, they promote recycling or reusing products rather than throwing them away, which lowers pollution levels.
Additionally, efforts made by businesses to put in place scrubber systems, due to the availability of low-cost cleaning technologies, to cut labor costs for clean-up procedures are also expected to boost the demand for such systems. By reducing the time and labor needed to clean exhaust systems, they increase income generation.
From 2022 to 2030, the APAC market is projected to witness the fastest growth. This can be ascribed to the rapid urbanization in the region, which is projected to call for new and upgraded transportation, electricity, and water infrastructure, all of which require clean throughput. Moreover, due to the growth in the usage of wet scrubbers, dry scrubbers, and absorbers in the maritime and pharmaceutical sectors in China, India, Singapore, and Japan, the demand for scrubber systems is rising in the region.
In terms of revenue generation, North America led the market for scrubber systems in 2022, and it is expected to witness the same trend in the coming years as well. This is attributed to the presence of key industry players and the increased consumption and demand for such systems in several industries, including pharmaceuticals, in the region.
During the forecast period, the European market is predicted to witness the second-fastest growth. This can be due to the presence of stringent government rules and legislations, the increasing industrial activities, the growing pollution levels, and the surging adoption of automation technologies in a variety of industries in the region.
Some of the major players operating in the scrubber system market include Alfa Laval, Yara Marine Technologies, Wärtsilä, Bowers & Wilkins, CECO Environmental, Evoqua Water Technologies LLC, Fuji Electric Co. Ltd., Verantis Environmental Solutions Group, DuPont de Nemours Inc., and Nederman Holding AB.