The Global Scrubber System Market Growth Accelerated By Increased Regulations On Emissions

Global Scrubber System Market Size
Global Scrubber System Market Size 


Scrubber systems are used in ships to remove sulfur and particulate matter from the flue gases. Scrubbers play an important role in reducing emissions and protecting the environment. The rising regulations on emissions from international vessels have increased focus on effective scrubbing systems.

The global Scrubber System Market is estimated to be valued at US$ 1.93 Mn  in 2023  and is expected to exhibit a CAGR of 4.2%  over the forecast period 2023 -2031, as highlighted in a new report published by Coherent Market Insights.

Market key trends:
The increased regulations on emissions from ships by International Maritime Organization has accelerated demand for scrubber systems over the recent years. The emission control areas set stringent emission norms that have encouraged ship owners and operators to adopt exhaust cleaning systems like scrubbers in order to comply with regulations and avoid penalties. Growing compliance towards sulfur emission regulations in maritime industry is expected to drive the scrubber system market during the forecast period.


Segment Analysis

The global scrubber system market is dominated by wet scrubbing technology segment. Wet scrubbing utilizes a liquid, such as water or alkaline chemical solutions, to remove pollutants from gas streams. This technology is highly effective in removing acid gases such as sulfur dioxide, hydrogen chloride and hydrogen fluoride from power plant flue gases. Wet scrubbing systems are able to achieve over 95% removal of sulfur dioxide. Hence, wet scrubbing technology is widely adopted across coal fired power plants and cement plants globally to comply with stringent pollution norms.

Key Takeaways

Global Scrubber System Market Size is estimated to be valued at US$ 1.93 Mn  in 2023  and is expected to exhibit a CAGR of 4.2%  over the forecast period 2023 -2031.

Regional analysis: North America region is expected to hold the major share in the scrubber system market during the forecast period. Strict environmental legislations like MARPOL Annex VI related to reduction of sulfur oxide emissions from ships are driving the adoption of scrubber systems in maritime industry in countries like U.S. and Canada.

Key players analysis: Key players operating in the scrubber system market are Nike Inc., Adidas AG, Bata Limited, Puma SE, Columbia Sportswear Company, The Dow Chemical Company, Huntsman Corporation, and BASF SE. BASF SE offers a wide range of chemicals and catalysts for wet gas scrubbing systems to remove acid gases like sulfur dioxide from flue gases of power plants and industrial boilers.

 

Explore More Related Article On This Topic: https://www.ukwebwire.com/scrubber-systems-market-size/

 

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