Global Gas Scrubbers Market 2017-2021

Overview of the global gas scrubbers market

Market research analysts at Technavio predict that the global gas scrubbers market will grow steadily during the next four years at a CAGR of around 8% by 2021. The adoption of green manufacturing is identified as one of the primary growth factors for this market. Green manufacturing ensures sustainable manufacturing through the development and sale of green products and the adoption of manufacturing processes that focus on the reduction of pollution, waste, and emissions. Several companies around the world are including green manufacturing practices in their production units. For instance, India-based Godrej and Boyce has increased its focus on sustainability and the reduction in environmental footprint across its manufacturing plants. Additionally, Godrej Locking Solutions has also set up an environment-friendly manufacturing plant, where most of the materials used in this plant are recycled and the chemical fumes generated due to industrial activities are treated with gas scrubber systems.

One of the major trends that will gain traction in the gas scrubbers market in the coming years is the increasing need for gas scrubber automation and monitoring in the marine industry. Exhaust gas scrubber systems are observed to have an increased need for automation and monitoring systems to ensure that the scrubber system provides the required level of exhaust gas and wash water discharge cleaning. These monitoring and data logging systems should be tamper proof and in compliance with MARPOL and other country-specific regulations. The automated systems will ensure that the scrubber systems will be more efficient as the quality of the exhaust can be easily monitored for any unwanted harmful emissions.

Competitive landscape and key vendors  

The gas scrubbers market consists of well-diversified international and regional vendors and is largely competitive. The key venturi scrubbers vendors compete based on price, quality, and market presence. The regional vendors are more prominent in the developed and developing economies and they pose a stiff competition to the international vendors in the laboratory gas scrubbers market.

The leading vendors in the market are -

• Croll Reynolds
• DuPont
• GEA Group
• Thermax Global
• Wärtsilä

The other prominent vendors in the market are ALFA LAVAL, Aswathi Industries, Chem Resist, CLEAN MARINE, CR Ocean Engineering, CSO Technik, Dustech Engineering, Envitech, ERG, The Forbes Group, Fuji Electric, Higgins & Hewins, Hygrade Industrial Plastics, SAACKE, Supreet Engineers, Trevi Finanziaria Industriale, Valmet, and Yara Marine Technologies.

Segmentation by end-user and analysis of the gas scrubbers market

• Manufacturing industry
• Power industry
• Marine industry

During 2016, the manufacturing industry accounted for the major shares of the laboratory gas scrubbers market. Factors such as technological advancements and the growth of the manufacturing industry, will contribute to the growth of this market segment in the coming years. Furthermore, the rise in government initiatives to increase the manufacturing base in countries such as India and Vietnam will also drive the demand for gas scrubbers in manufacturing plants.

Geographical segmentation and analysis of the gas scrubbers market

• Americas
• APAC
• EMEA

This market study estimates that in terms of geographic regions, the Americas will be the major revenue contributor to the laboratory gas scrubbers market throughout the forecast period. This is mainly due to the presence of multiple oil and gas transmission pipelines, thermal power plants, manufacturing plants, and petrochemical projects planned in the region.

Key questions answered in the report include

• What will the market size and the growth rate be in 2021?
• What are the key factors driving the global gas scrubbers market?
• What are the key market trends impacting the growth of the global gas scrubbers market?
• What are the challenges to market growth?
• Who are the key vendors in the global gas scrubbers market?
• What are the market opportunities and threats faced by the vendors in the global gas scrubbers market?
• Trending factors influencing the market shares of the Americas, APAC, and EMEA.
• What are the key outcomes of the five forces analysis of the global gas scrubbers market?

Technavio also offers customization on reports based on specific client requirement.

A gas scrubber is a waste gas treatment installation in which a stream of gas is brought into contact with a liquid, with the intention of allowing particular gaseous components to pass from the gas into the liquid. Gas scrubbers can be employed as an emission-limiting technique for many gaseous emissions.  This upcoming market research report on the gas scrubbers market is an integral part of Technavio's energy industry and offers insights into niche segments like the power sector.

According to our market research analysts, The power industry is in a state of flux as the reducing fossil fuel reserves are augmenting energy security concerns. This increase in energy security concerns is envisaged to boost the demand for alternative energy sources in the near future. Our industry and competitive analysis help clients understand the impact of the gas scrubbers market on the energy industry.  Additionally, to offer clients insights into the competitive landscape, this market report on the gas scrubbers market also covers vendors like DuPont, GEA, General Electric, Thermax, and Wartsila.

To correctly estimate the growth of the gas scrubbers market, the market research analysts at Technavio follow a scrupulous approach to primary and secondary research and analyze the data collected from various sources including industry experts, research journals, and manufacturers. Our market research analysts believe that increased government initiatives and stringent regulations are expected to impact the gas scrubbers market in the coming years. 

This upcoming market research report on the gas scrubbers market also identifies the key influencers, the emerging trends, and the pain points faced by the vendors in the power sector. Furthermore, to give a complete picture of the industry's growth prospects, the report also provides detailed insights on the changing competitive landscape and the strategies followed by the major players to establish their presence in the global market.

Technavio also offers clients the option to customize every report to suit their specific requirements and offers attractive discounts on all upcoming reports and future purchases.