Europe Scrubber Systems Market

Market Introduction

The scrubber system market in Europe is sub-segmented into France, Germany, Russia, Italy, the UK, and the Rest of Europe. Compared with the Nordic and Eastern European countries, western European countries are more developed and technologically advanced. EU is increasingly stringent policies to observe the numerous constituents of air which is anticipated to propel the growth of the scrubber system market. Also, despite the EU proposals, all member states of the IMO again approved scrubbing system technology as an accepted compliance method. According to European exports, Germany is one of the essential countries for deploying marine scrubbers in long voyage vessels. Furthermore, rising government investments & funding to strengthen the national security by deploying advanced shipping line is leading to the development of advanced vessels encouraging the industry growth. These developing economies and increasing investments toward the shipping and trade industry development is a significant factor driving the market growth. Increasing adoption of scrubber systems by the industries to save labor costs on clean-up methods and time can also fuel the demand for scrubber systems in the region as they enhance revenue generation by reducing the time and labor required to clean exhaust systems.

Countries in Europe, especially France and Russia, are highly affected due to the COVID-19 outbreak. In Europe, owing to the outbreak, several countries have suffered an economic hit due to the decline in business activities across the marine, oil & gas, and manufacturing sectors in the first quarter of 2020. Many of the member states implemented drastic measures on imports and exports and shipment of goods, as well as partially closed their borders, which hindered the demand for scrubber systems in Europe. Russia is a one of the leading natural gasses producing countries in the global market and is severely affected by the pandemic due to nationwide lockdown, disrupted oil & gas supply chain, and reduced demand for oil and gas related products. Similar trend has been observed in other oil and gas producing European countries. The FY 2020 was supposed to be the great year for the marine scrubber market as IMO (International Maritime Organization’s) introduced new regulation to control the pollution at aquatic environment. This was expected to increase the demand for advanced scrubbers significantly. However, the COVID-19 pandemic delayed the implementation and the marine industry has already faced decline in revenues. Due to the pandemic, a revision of the 2015 Guidelines for Exhaust Gas Cleaning System has been stalled and scheduled for November 2021. However, the market is gaining momentum with the increasing order and stabilization in the shipping industry. New regulations creating demand for scrubbers to maintain healthy environment would create lucrative opportunities for the Europe scrubber systems market in the coming years.   

Europe Scrubber Systems Strategic Insights

Strategic insights for the Europe Scrubber Systems provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.

Europe Scrubber Systems Report Scope

Europe Scrubber Systems Regional Insights

The geographic scope of the Europe Scrubber Systems refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.

The Europe scrubber systems market is expected to grow from US$ 476.01 million in 2021 to US$ 1,041.44 million by 2028; it is estimated to grow at a CAGR of 11.8% from 2021 to 2028. The rising application of sulfur dioxide (SOx) removal scrubber technology in the marine industry has gained significant traction in recent years. It is expected to propel the growth of the market in the coming years. The SOx removal scrubber technology offers three different scrubber technology variants based on the vessel's operating profile, such as open-loop scrubber technology, closed-loop scrubber technology, and hybrid scrubber technology. The open-loop scrubber technology uses seawater to scrub the exhaust gas. It discharges the sulfuric acid content water back into the sea as the natural alkalinity of seawater neutralizes the acid. Further, the close loop scrubber technology uses either seawater or freshwater with an alkaline additive to capture sulfur from the exhaust gas. The hybrid scrubber technology combines both open-loop and closed-loop modes – depending on the water local water discharge regulations, the vessel operators can use either mode. The SOx scrubber technology is becoming popular, and several scrubber system manufacturers have started to fit this technology in marines and ships. For instance, Valmet has developed the SOx scrubber system and began its retrofit in ships. Similarly, ALFA LAVAL has designed a PureSOx scrubber and installed over hundred SOx scrubber systems in the marine industry. Hence, the growing application of SOx removal scrubber technology in the maritime industry is anticipated to trend in the coming years, thereby driving the Europe market growth.

Key Market Segments

In terms of technology, the wet technology segment accounted for the largest share of the Europe scrubber systems market in 2020. In terms of industry verticals, the marine segment held a larger market share of the Europe scrubber systems market in 2020.   

Major Sources and Companies Listed

A few major primary and secondary sources referred to for preparing this report on the Europe scrubber systems market are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report are Alfa Laval; Babcock & Wilcox Enterprises, Inc.; CECO Environmental; DuPont de Nemours, Inc.; FUJI ELECTRIC CO., LTD.; GEA Group AG; Hamon; Verantis Environmental Solutions Group; Wärtsilä Corporation; and Yara Marine Technologies.

Reasons to buy report

• To understand the Europe scrubber systems market landscape and identify market segments that are most likely to guarantee a strong return
• Stay ahead of the race by comprehending the ever-changing competitive landscape for Europe scrubber systems market
• Efficiently plan M&A and partnership deals in Europe scrubber systems market by identifying market segments with the most promising probable sales
• Helps to take knowledgeable business decisions from perceptive and comprehensive analysis of market performance of various segment form Europe scrubber systems market
• Obtain market revenue forecast for market by various segments from 2021-2028 in Europe region. 

Europe Scrubber Systems Market Segmentation

Europe Scrubber Systems Market - By Technology

• Wet Technology
• Dry Technology

Europe Scrubber Systems Market -

By Industry Verticals

• Marine
• Oil and Gas
• Petrochemicals and Chemicals
• Food and Agricultural
• Wastewater Treatment
• Healthcare
• Others

Europe Scrubber Systems Market - By Country

• Germany
• France    
• Italy
• Russia 
• UK
• Rest of Europe

Europe Scrubber Systems Market - Company Profiles

• Alfa Laval
• Babcock & Wilcox Enterprises, Inc.
• CECO Environmental 
• DuPont de Nemours, Inc.
• FUJI ELECTRIC CO., LTD.
• GEA Group AG
• Hamon
• Verantis Environmental Solutions Group
• Wärtsilä Corporation
• Yara Marine Technologies