India Wet Scrubber Market Size & Outlook, 2019-2027
India wet scrubber market, 2016-2027 (US$M)
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India wet scrubber market highlights
- The India wet scrubber market generated a revenue of USD 57.4 million in 2019 and is expected to reach USD 113.8 million by 2027.
- The India market is expected to grow at a CAGR of 8.9% 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.
Wet scrubber market data book summary
| Market revenue in 2019 | USD 57.4 million |
| Market revenue in 2027 | USD 113.8 million |
| Growth rate | 8.9% (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 |
Other key industry trends
- In terms of revenue, India accounted for 5.9% of the global wet scrubber market in 2019.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2027.
- In Asia Pacific, China wet scrubber market is projected to lead the regional market in terms of revenue in 2027.
- China is the fastest growing regional market in Asia Pacific and is projected to reach USD 241.0 million by 2027.
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Wet Scrubber Market Scope
Wet Scrubber Market Companies
| Name | Profile | # Employees | HQ | Website |
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India 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 43.9% in 2019. Horizon Databook has segmented the India 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.
As signified by the aforementioned statistics, the petrochemical industry in India is anticipated to witness significant growth, resulting in an increase in the number of manufacturing facilities in the country. This is likely to augment the demand for wet scrubbers from the petrochemical end-use industry over the forecast period.
The chemical industry is one of the critical industries contributing to the overall growth of the country’s economy. The growth of the chemical industry is further expected to be supplemented by the proposed investments in the sector.
For instance, in February 2020, Nissan Chemical Corporation and Bharat Rasayan Limited announced their joint venture, named Nissan Bharat Rasayan Private Limited to construct a new manufacturing facility in India for focusing on the production of agrochemical active ingredients.
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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 country-level data and insights on the India wet scrubber market , including forecasts for subscribers. This country databook contains high-level insights into India wet scrubber market from 2016 to 2027, including revenue numbers, major trends, and company profiles.
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India wet scrubber market size, by product, 2016-2027 (US$M)
India Wet Scrubber Market Outlook Share, 2019 & 2027 (US$M)
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