Market revenue in 2019 | USD 119.8 million |
Market revenue in 2027 | USD 241.0 million |
Growth rate | 9.1% (CAGR from 2019 to 2027) |
Largest segment | Packed bed scrubber |
Fastest growing segment | Venturi Scrubber |
Historical data | 2016 - 2018 |
Base year | 2019 |
Forecast period | 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 |
No credit card required*
Name | Profile | # Employees | HQ | Website |
---|
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 43.91% in 2024. Horizon Databook has segmented the China 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.
The China wet scrubber market is anticipated to be driven by the growing investments in chemical, petrochemical, and cement industries. China is the largest chemical producer in the world. The country accounted for around 38.5% of the global chemical sales in 2018, which increased by 18.2% from 2008.
In addition, several chemical and petrochemical multinational companies are expected to open new manufacturing plants in China owing to favorable government policies. For instance, in January 2020, INEOS Styrolution has announced to build a new acrylonitrile butadiene styrene (ABS) plant in Zhejiang Province of China.
In addition, in November 2019, BASF SE, one of the largest chemical companies in the world, started the construction of a new plant that will focus on the manufacturing of thermoplastic polyurethane (TPU) and engineering plastics, and cater to various industries primarily located in southern China, as well as across the Asia region.
Horizon Databook provides a detailed overview of country-level data and insights on the China wet scrubber market , including forecasts for subscribers. This country databook contains high-level insights into China wet scrubber market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account