South America Scrubber Systems Market to Grow at a CAGR of 13.1% to reach US$ 100.19 million from 2021 to 2028

The SAM scrubber systems market is expected to grow from US$ 42.31 million in 2021 to US$ 100.19 million by 2028; it is estimated to grow at a CAGR of 13.1% from 2021 to 2028.

Brazil and Argentina are major economies in SAM. Growing application of SOx removal scrubber technology in maritime industry is expected to catalyze the SAM scrubber systems market. 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 SAM market growth.

Countries in SAM, especially Brazil, are highly affected due to the COVID-19 outbreak. The mining and oil & gas sectors in SAM are adversely affected by the outbreak. Manufacturing & construction, mining, and oil & gas activities have been severely disrupted due to the COVID-19 crisis, which has adversely affected the region's scrubber systems market. The region is witnessing operational halt in various sectors, such as manufacturing, marine, and petrochemical industries, and these sectors are among the major end users of the scrubber systems. In SAM, Argentina and Brazil are the two prime oil and gas producing countries that account for more than 40% of the total SAM. During the COVID-19 pandemic, these countries witnessed a major decline in their oil & gas-related activities due to the collapsed oil and gas prices. This reduced the demand for scrubber systems in the region. However, from late 2020, the economies in SAM have slowly started to resume, and subsequently the oil & gas companies have started their operations. This development will have a positive impact on the scrubber systems market in the coming years.   

With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the SAM scrubber systems market. The SAM scrubber systems market is expected to grow at a good CAGR during the forecast period.

SAM Scrubber Systems Market Revenue and Forecast to 2028 (US$ Million)

SAM Scrubber Systems Market Segmentation        

SAM Scrubber Systems Market –

By Technology

• Wet Technology
• Dry Technology

SAM Scrubber Systems Market –

By Industry Verticals

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

SAM Scrubber Systems Market, by Country

• Brazil
• Argentina 
• Rest of SAM

SAM Scrubber Systems Market -Companies Mentioned

• 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

South America Scrubber Systems Report Scope