Home > Industrial Machinery > Industrial Equipment > Wet Scrubbers Market

Wet Scrubbers Market Share

Report ID: GMI8124
Published Date: Feb 2024
Report Format: PDF

Download Free Sample

Wet Scrubbers Market Share

Global Company Market Share Analysis, 2023, (%)

In 2023, dominant market players, including Babcock & Wilcox Enterprises, Inc., Alfa Laval, CECO, DuPont, Evoqua collectively held a substantial 15-20% market share. The market is moderate. These industry leaders are actively engaged in strategic initiatives such as mergers & acquisitions, facility expansions, and partnerships to broaden their product portfolios, reach a wider customer base, and strengthen their market presence. These companies continuously invest in research & development to improve their electronic products and incorporate new technologies, allowing them to stay ahead of the competition.

Wet Scrubbers Market Companies

Major players operating in the wet scrubbers industry include:

Babcock & Wilcox Enterprises, Inc.
Alfa Laval
CECO
DuPont
Evoqua
Fuji Electric
GEA
Wartsila
Hamon Research-Cottrell
HZI
KCH
Nederman Mikropul
Tri-Mer
Verantis
Yara Marine

Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

The market size of wet scrubbers was reached USD 12 billion in 2023 and is anticipated to register a CAGR of over 4.9% between 2024 and 2032, owing to its effectiveness in pollution control, and customized solutions.

The gaseous/chemical cleaning application segment accounted for a market share around 65% in 2023 owing to the ability of wet scrubbers to achieve high removal efficiencies for a wide range of gaseous pollutants.

Asia Pacific wet scrubbers market generated over USD 4.3 billion in 2023 and is anticipated to grow substantially till 2032, attributed to the increasing interest in wet scrubbers with the rising electrification and urbanization in the region.

Babcock & Wilcox Enterprises, Inc., Alfa Laval, CECO, DuPont, Evoqua, Fuji Electric, GEA, Wartsila, Hamon Research-Cottrell, HZI are some of the major industry contenders.