Europe Wet Scrubber Market Size & Outlook, 2019-2027
Europe wet scrubber market, 2016-2027 (US$M)
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Europe wet scrubber market highlights
- The Europe wet scrubber market generated a revenue of USD 286.1 million in 2019.
- The market is expected to grow at a CAGR of 7% 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, Germany is expected to register the highest CAGR from 2020 to 2027.
Europe data book summary
| Market revenue in 2019 | USD 286.1 million |
| Market revenue in 2027 | USD 490.9 million |
| Growth rate | 7% (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, Europe region accounted for 29.2% 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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Europe 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 44.74% in 2019. Horizon Databook has segmented the Europe wet scrubber market based on packed bed scrubber, venturi scrubber, spray scrubber, other products covering the revenue growth of each sub-segment from 2016 to 2027.
The European economy is expected to grow at a steady pace in the coming years. Supportive policies, strong growth in wages, and continuous employment creation are some of the factors contributing to the economic growth of the region. In addition, public investment, most notably in digital and transport infrastructure, is further anticipated to impact the economic growth positively.
In addition, private investments, in numerous sectors including construction, chemical, and oil & gas, are anticipated to drive the economic growth of the region. The Europe region is characterized by the presence of several major economies in the world, such as Germany, the UK, France, Spain, Italy, and Russia among others.
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Our clientele includes a mix of wet scrubber market companies, investment firms, advisory firms & academic institutions.
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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 Europe wet scrubber market , including forecasts for subscribers. This continent databook contains high-level insights into Europe wet scrubber market from 2016 to 2027, including revenue numbers, major trends, and company profiles.
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Europe wet scrubber market size, by country, 2016-2027 (US$M)
Europe Wet Scrubber Market Outlook Share, 2019 & 2027 (US$M)
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