Home > Industrial Machinery > Industrial Equipment > Wet Scrubbers Market

Wet Scrubbers Market Size

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

Wet Scrubbers Market Size

Wet Scrubbers Market was valued at USD 12 billion in 2023 and is projected to expand at 4.9% CAGR from 2024 to 2032. Wet scrubbers are mechanisms designed to extract contaminants from a gas flow. The objective of absorption and wet scrubbing apparatus is to eliminate gases and particulate matter from an exhaust flow by inducing the gas pollutants to dissolve into the liquid stream and the solid particles to be carried along in the liquid. With rapid industrialization in emerging economies, there's an increasing need for pollution control equipment.

 

Customers are increasingly demanding tailored solutions to address specific pollution control challenges. Manufacturers are responding by offering customized wet scrubber systems designed to meet the unique requirements of different industries and applications. The wet scrubber’s market is witnessing robust growth in developing regions such as Asia-Pacific and Latin America, driven by rapid industrialization, urbanization, and infrastructure development. Government initiatives to improve air quality and mitigate environmental pollution further contribute to market expansion in these regions.

 

The installation of wet scrubbers requires a significant initial investment in terms of equipment, installation, and maintenance. This can act as a deterrent for some industries, especially those operating on tight budgets. Alongside initial investment, ongoing operational costs such as energy consumption, water usage, and maintenance can also be substantial. Industries may hesitate to adopt wet scrubbers if they perceive these costs to outweigh the benefits.

 

Additionally, some industrial facilities may have limited space available for the installation of wet scrubbers, especially in retrofit scenarios. Space constraints can hinder the adoption of wet scrubbers, particularly in densely populated or urban areas. Wet scrubbers require regular maintenance to ensure optimal performance and compliance with regulations. Industries may be deterred by the ongoing maintenance requirements, especially if they lack the necessary expertise or resources.

 

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.

Wet Scrubbers Market Scope

Buy Now


Premium Report Details

  • Base Year: 2023
  • Companies covered: 15
  • Tables & Figures: 232
  • Countries covered: 24
  • Pages: 161
 Download Free Sample