Market Introduction
Saudi Arabia, South Africa, and the UAE are among the key countries in the Middle East & Africa. Saudi Arabia, Iraq, UAE, Iran, Kuwait is the Middle East's top 5 revenue generating countries. Scrubber systems are likely to play a vital role in achieving zero emissions and zero discharge for industrial manufacturing, marine, petrochemical, automotive, public utilities, and other sectors. Various initiatives taken up by the enterprises to implement scrubber systems to reduce labor costs on clean-up techniques and time and growing stringent environmental regulations to reduce atmospheric emissions are the crucial aspect of the rise in the market revenue of scrubber system market. However, strict legislation about the disposal of contaminated wastes from scrubber systems may hamper the market growth in the coming years. This is due to the Saudi Port Authority's decision not to allow ships’ discharge of wash water from their exhaust gas cleaning systems (EGCS) following the General Authority of Meteorology and Environmental protection instructions. Increasing application of SOx removal scrubber technology in maritime industry and accelerating industrialization in developing economies are the major factor driving the growth of the MEA scrubber systems market.
Countries in MEA, especially South Africa and Turkey, are highly affected due to the COVID-19 outbreak. In Middle East, the GCC (Gulf Cooperation Council) countries witnessed a notable decline in the oil & gas sector owing to a sharp decline in demand for oil from major end-user countries across Asia, Europe, and North America. As a result, the MEA countries registered a lowered volume of oil & gas production, which hampered the demand for scrubber systems. Countries such as Saudi Arabia, the UAE, and Qatar, as well as selected other members of OPEC countries, observed similar trends during the first two quarters of 2020. However, the countries are expected to overcome the swift drop in demand in the coming years as the major end-use countries of oil & gas are resuming their economic activities. Hence, it is expected that the demand for scrubbers would increase in the region and proliferate the market growth in the coming years.
Strategic insights for the Middle East and Africa 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. The geographic scope of the Middle East and Africa 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.Middle East and Africa Scrubber Systems Strategic Insights
Middle East and Africa Scrubber Systems Report Scope
Report Attribute
Details
Market size in 2021
US$ 82.90 Million
Market Size by 2028
US$ 192.28 Million
Global CAGR (2021 - 2028)
12.8%
Historical Data
2019-2020
Forecast period
2022-2028
Segments Covered
By Technology
By Industry Verticals
Regions and Countries Covered
Middle East and Africa
Market leaders and key company profiles
Middle East and Africa Scrubber Systems Regional Insights
Market Overview and Dynamics
The MEA scrubber systems market is expected to grow from US$ 82.90 million in 2021 to US$ 192.28 million by 2028; it is estimated to grow at a CAGR of 12.8% from 2021 to 2028. Rising international trades through sea routes and increasing leisure activities are propelling the growth of the scrubber system market. The rise in seaborne business can be attributed to its economical transportation cost and continually rising demand for goods and petroleum products. For instance, as per the United Nations Conference on Trade and Development (UNCTAD), in 2019, 11,076 million tons of goods were transported through seaborne routes. To transport this mass volume of goods, large cargo ships are required. These ships are among the major users of scrubber systems. Furthermore, the rising participation in leisure activities such as cruise vacations and the international voyage is increasing the use of marine ships and subsequently fueling the growth of the scrubber system market. The rise in leisure activities can be attributed to the rising per capita income of consumers. Hence, the growing sulfur emission from ships—owing to flourishing trade—and escalated maritime transportation across the economies are boosting the scrubber system installations. Thus, the thriving international business through seaborne routes is accelerating the demand for retrofit scrubber systems in traditional vessels across MEA region.
Key Market Segments
In terms of technology, the wet technology segment accounted for the largest share of the MEA scrubber systems market in 2020. In terms of industry verticals, the marine segment held a larger market share of the MEA 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 MEA 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
MEA Scrubber Systems Market Segmentation
MEA Scrubber Systems Market - By Technology
MEA Scrubber Systems Market -
By Industry Verticals
MEA Scrubber Systems Market - By Country
MEA Scrubber Systems Market - Company Profiles
The Middle East and Africa Scrubber Systems Market is valued at US$ 82.90 Million in 2021, it is projected to reach US$ 192.28 Million by 2028.
As per our report Middle East and Africa Scrubber Systems Market, the market size is valued at US$ 82.90 Million in 2021, projecting it to reach US$ 192.28 Million by 2028. This translates to a CAGR of approximately 12.8% during the forecast period.
The Middle East and Africa Scrubber Systems Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the Middle East and Africa Scrubber Systems Market report:
The Middle East and Africa Scrubber Systems Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The Middle East and Africa Scrubber Systems Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the Middle East and Africa Scrubber Systems Market value chain can benefit from the information contained in a comprehensive market report.