Jun 5, 2018 SOURCE: BusinessWire

Global Scrubber System Market 2018-2023: Focus on Marine, Oil & Gas, Petrochemicals & Chemicals, Pharmaceuticals, Glass, Pulp & Paper, Food & Agricultural & Wastewater Treatment Applications - ResearchAndMarkets.com

The "Scrubber System Market by Type (Wet (Design), Dry (Sorbent Mixing)), End-User (Marine, Oil & Gas, Petrochemicals & Chemicals, Pharmaceuticals, Glass, Pulp & Paper, Food & Agricultural, Wastewater Treatment), and Region - Global Forecast to 2023" report has been added to ResearchAndMarkets.com's offering.

The global scrubber system market is estimated at USD 1.02 billion in 2018 and is projected to grow at a CAGR of 12.82% to reach USD 1.86 billion by 2023.

The global market is likely to grow significantly due to growing stringent environmental regulations to reduce atmospheric emissions. Although restraints like stringent legislations against disposal of contaminated effluents from scrubber systems are being observed, International Maritime Organization's (IMO) 2020 global sulfur cap is expected to create better opportunities for the scrubber system market. Contamination from heavy metals found in scrubber washwater is expected to be a major challenge for the growth in the scrubber system market.

With regards to the type segment, the wet scrubber system segment is expected to constitute the largest and fastest growing market. Wet scrubbers are quite sturdy and can tolerate a wide range of temperatures, making them ideal for operation in almost any environment. These types of scrubbers can remove both gases and particulate matter in a single system.

The soaring demand for such efficient scrubbers from the shipping industry to abide by new exhaust gas emission regulations is the factor driving the wet scrubber market.

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview

6 Scrubber System Market, By Type

7 Scrubber System Market, By End-User

8 Scrubber System Market, By Region

9 Competitive Landscape

10 Company Profiles