Mexico Wet Scrubber Market Size & Outlook, 2019-2027
Mexico wet scrubber market, 2016-2027 (US$M)
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Mexico wet scrubber market highlights
- The Mexico wet scrubber market generated a revenue of USD 31.8 million in 2019 and is expected to reach USD 60.2 million by 2027.
- The Mexico market is expected to grow at a CAGR of 8.3% 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 31.8 million |
| Market revenue in 2027 | USD 60.2 million |
| Growth rate | 8.3% (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, Mexico accounted for 3.2% 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 North America, U.S. wet scrubber market is projected to lead the regional market in terms of revenue in 2027.
- Mexico is the fastest growing regional market in North America and is projected to reach USD 60.2 million by 2027.
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Wet Scrubber Market Scope
Wet Scrubber Market Companies
| Name | Profile | # Employees | HQ | Website |
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Mexico 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 44.03% in 2019. Horizon Databook has segmented the Mexico 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.
Mexico is a geographically critical location for outsourcing production activities as it is adjacent to the U.S., which is one of the major export destinations for component manufacturers. Furthermore, ease of doing business, geographical proximity, and supply source for distributors & retailers make the economy one of the most preferred locations for manufacturers.
Increasing investments from multinational players in the Mexican market is expected to drive the growth of manufacturing sector of the country, thereby augmenting the growth of wet scrubber market.
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Target buyers of Mexico wet scrubber market databook
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Our clientele includes a mix of wet scrubber market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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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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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Mexico wet scrubber market , including forecasts for subscribers. This country databook contains high-level insights into Mexico wet scrubber market from 2016 to 2027, including revenue numbers, major trends, and company profiles.
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Mexico wet scrubber market size, by product, 2016-2027 (US$M)
Mexico Wet Scrubber Market Outlook Share, 2019 & 2027 (US$M)
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