Asia Pacific Wet Scrubber Market Size & Outlook, 2024-2030
Asia Pacific wet scrubber market, 2018-2030 (US$M)
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Asia Pacific wet scrubber market highlights
- The Asia Pacific wet scrubber market generated a revenue of USD 337.8 million in 2019.
- The market is expected to grow at a CAGR of 8.8% from 2020 to 2027.
- In terms of segment, packed bed scrubber was the largest revenue generating product in 2019.
- Venturi Scrubber is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, China is expected to register the highest CAGR from 2020 to 2027.
Asia Pacific data book summary
| Market revenue in 2019 | USD 337.8 million |
| Market revenue in 2027 | USD 662.3 million |
| Growth rate | 8.8% (CAGR from 2019 to 2027) |
| Largest segment | Packed bed scrubber |
| Fastest growing segment | Venturi Scrubber |
| Historical data covered | 2016 - 2018 |
| Base year for estimation | 2019 |
| Forecast period covered | 2020 - 2027 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Packed Bed Scrubber, Venturi Scrubber, Spray Scrubber, Other Products |
| Key market players worldwide | Babcock & Wilcox Enterprises Inc, Alfa Laval AB, FMC Corp, GEA Group AG, Wartsila Corp, Fuji Electric, CECO Environmental Corp, Evoqua Water Technologies, Babcock & Wilcox Enterprises, Hitachi Zosen Corp, Nederman MikroPul, Tri-Mer Corporation, Verantis Corporation, Yara Marine Technologies |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 34.5% of the global wet scrubber market in 2019.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2027.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 662.3 million by 2027.
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Wet Scrubber Market Scope
Wet Scrubber Market Companies
| Name | Profile | # Employees | HQ | Website |
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Asia Pacific wet scrubber market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to wet scrubber market will help companies and investors design strategic landscapes.
Packed bed scrubber was the largest segment with a revenue share of 44.35% in 2024. Horizon Databook has segmented the Asia Pacific wet scrubber market based on packed bed scrubber, venturi scrubber, spray scrubber, other products covering the revenue growth of each sub-segment from 2018 to 2030.
Asia Pacific is the fastest-growing region in the world, contributing to over two-thirds of the global economic growth. According to a report by the International Monetary Fund (IMF) on the Asia and Pacific regional economic outlook published in October 2019, the growth rate in Asia was around 5% in 2019.
The Asia Pacific region is characterized by developing countries such as China, India, Thailand, Indonesia, and developed countries such as Japan and Australia. Rapid urbanization and the growing population in several countries, including China and India, are factors expected to drive industrial growth.
The economies in the region are anticipated to flourish over the forecast period on account of massive investments by various governments for the development of public infrastructures and expansion of the residential construction sector, which is expected to increase demand for cement in the Asia Pacific.
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Target buyers of Asia Pacific wet scrubber market databook
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Our clientele includes a mix of wet scrubber market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific wet scrubber market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific wet scrubber market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Asia Pacific wet scrubber market size, by country, 2018-2030 (US$M)
Asia Pacific Wet Scrubber Market Outlook Share, 2024 & 2030 (US$M)
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