Market Size of Scrubber Industry
| Study Period | 2020 - 2029 |
| Base Year For Estimation | 2023 |
| CAGR | 5.20 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | Asia Pacific |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Scrubber Market Analysis
The scrubber market is expected to register a CAGR of more than 5.2% over the period of 2020-2025. Factors, such as rising concerns on air pollution, coupled with increasing awareness about air quality control systems or solutions, are expected to increase the demand for scrubbers during the forecast period. However, the shutdown of coal-fired power plants in major countries across the world, along with the increasing share of renewables in the power generation mix is expected to restrain the growth of the market studied.
- The cement industry is expected to be the fastest-growing end-user industry, owing to the rising demand for scrubbers to control emissions from the cement manufacturing plants.
- Until 31st December 2019, for ships operating outside Emission Control Areas, the limit for sulfur content of ships' fuel oil is 3.50% m/m (mass by mass). The 0.50% m/m limit has been applied from 1 January 2020. This, in turn, is expected to create a significant amount of opportunities for the scrubber system manufacturers and suppliers in the coming years.
- Asia-Pacific dominated the global scrubber market in 2018, with the majority of the demand coming from China, India, and Japan.
Scrubber Industry Segmentation
The scrubber market report includes:
| Type | |
| Wet Scrubber | |
| Dry Scrubber |
| End-user Industry | |
| Oil and Gas | |
| Power Generation | |
| Marine | |
| Pharmaceuticals | |
| Others |
| Geography | |
| North America | |
| Europe | |
| Asia-Pacific | |
| South America | |
| Middle-East and Africa |
Scrubber Market Size Summary
The scrubber system market is poised for significant growth, driven by increasing concerns over air pollution and heightened awareness of air quality control solutions. The demand for scrubbers is expected to rise, particularly in the cement industry, which is anticipated to be the fastest-growing end-user sector. This growth is attributed to the need for emission control in cement manufacturing plants, where wet scrubbers are commonly used to reduce pollutants such as SO2. Regulatory measures, such as those implemented by the Indian government and the U.S. EPA, are further propelling the demand for scrubbers by enforcing compliance with environmental standards. However, the market faces challenges due to the shutdown of coal-fired power plants and the shift towards renewable energy sources, which may restrain its expansion.
The Asia-Pacific region currently leads the global scrubber market, with substantial demand originating from countries like China, India, and Japan. This dominance is expected to continue, fueled by stringent emission control regulations and rising air pollution concerns. In China, initiatives like the national action plan on air pollution have mandated the use of scrubbers, enhancing market opportunities. Additionally, the shipping industry is investing heavily in scrubber technology to comply with new sulfur emission limits, further driving market growth. The market is characterized by partial fragmentation, with key players such as Thermax Ltd, Babcock & Wilcox Enterprises Inc., and Ducon Technologies Inc. playing significant roles in shaping its landscape.
Scrubber Market Size - Table of Contents
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1. MARKET OVERVIEW
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1.1 Introduction
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1.2 Market Size and Demand Forecast in USD billion, till 2025
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1.3 Recent Trends and Developments
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1.4 Government Policies and Regulations
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1.5 Market Dynamics
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1.5.1 Drivers
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1.5.2 Restraints
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1.6 Supply Chain Analysis
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1.7 Porter's Five Forces Analysis
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1.7.1 Bargaining Power of Suppliers
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1.7.2 Bargaining Power of Consumers
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1.7.3 Threat of New Entrants
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1.7.4 Threat of Substitutes Products and Services
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1.7.5 Intensity of Competitive Rivalry
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2. MARKET SEGMENTATION
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2.1 Type
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2.1.1 Wet Scrubber
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2.1.2 Dry Scrubber
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2.2 End-user Industry
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2.2.1 Oil and Gas
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2.2.2 Power Generation
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2.2.3 Marine
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2.2.4 Pharmaceuticals
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2.2.5 Others
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2.3 Geography
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2.3.1 North America
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2.3.2 Europe
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2.3.3 Asia-Pacific
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2.3.4 South America
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2.3.5 Middle-East and Africa
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Scrubber Market Size FAQs
What is the current Scrubber Market size?
The Scrubber Market is projected to register a CAGR of greater than 5.20% during the forecast period (2024-2029)
Who are the key players in Scrubber Market?
Thermax Ltd, Babcock & Wilcox Enterprises Inc., Ducon Technologies Inc., Andritz AG and DuPont de Nemours, Inc. are the major companies operating in the Scrubber Market.
