openPR Logo
Press release

Marine Emissions Control Systems Market Trends Report By Top Key Players: Yara Marine Technologies, Damen Marine Services, Johnson Matthey, Hitachi Zosen Inova, ANDRITZ, Tenneco, Fuji Electric Corp. of America, Wärtsilä, DuPont

11-14-2018 06:47 AM CET | Energy & Environment

Press release from: Global Market Insights, Inc.

Global Market Insights, Inc.

Global Market Insights, Inc.

Marine Emissions Control Systems Market trend will be driven by increasing seaborne trade accompanied by growing air pollution. According to UNESCO, ships account for over 15% of global Nitrogen Oxide (NOx) emissions and 8% of the global Sulphur Oxide (SOx) emissions annually. Expanding manufacturing and export base, notably led by Japan and China will further favor the business scenario.

Rising costs of compliances along with increasing legislative pressure on the shipping companies to meet new environmental regulations will stimulate the marine emissions control systems market. According to the recent OECD estimates, cleaner fuels will annually cost upto USD 30 billion to the container shipping industry. Rapid technological advancements to retrofit the existing fleet in compliance with key emissions standards will further fuel the industry growth.

Request for an in-depth table of contents for this report @ https://www.gminsights.com/request-toc/upcoming/2542

Marine Emissions Control Systems Market size will witness an appreciable growth on account of increasing stringency of international standards on sulfur emissions. The 2020 International Maritime Organization (IMO) regulation requires the use of marine fuels having a sulphur content limit of 0.5%S against the present limit of 3.5%S. Several R&D initiatives focused on green shipping, notably the Maritime Environmental and Technical Assistance (META) Program will further complement the business landscape.

Europe marine emissions control systems market will continue to grow on account of regulatory measures on ecosystem disruption and GHG emissions. For instance, in 2015 the European Union (EU) introduced the Regulation ([EU] 2015/757) on the monitoring, reporting, and verification of carbon emissions from maritime industry. Ongoing government funded ventures, most notably the UK Zero Emissions Sector initiative to minimize shipping emissions will further support the industry growth.

Key Players in Marine Emissions Control Systems Market:

1. Yara Marine Technologies
2. Damen Marine Services
3. Johnson Matthey
4. Hitachi Zosen Inova
5. ANDRITZ
6. Tenneco
7. Fuji Electric Corp. of America
8. Wärtsilä
9. DuPont

Request for customization of this report @ https://www.gminsights.com/roc/2542

Strengthening government norms on sustainable maritime transportation to combat the growing air pollution will drive the China marine emissions control systems market. According to the country’s legislative 13th Five-Year Plan, nitrogen and sulfur oxides emissions should be reduced by 20 and 65 percent respectively, relative to 2015, in its three designated coastal regions.

U.S. marine emissions control systems market is anticipated to witness a robust growth on account of stringent emissions and fuel quality requirements. The IMO has designated seawaters along Canadian and the U.S. shorelines as the North American Emission Control Areas (ECAs) for the sturdy reduction in NOx And SOx emissions.

Notable participants across the marine emissions control systems market include DEC Marine, Yara Marine Technologies, Damen Marine Services, Johnson Matthey, Hitachi Zosen Inova, Kwangsung, ANDRITZ, Tenneco, AEC Maritime, Fuji Electric Corp. of America, Wärtsilä, and DuPont.

Browse Full Reports: https://www.gminsights.com/industry-analysis/marine-emissions-control-systems-market

About Global Market Insights

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

Contact Us

Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
Web: www.gminsights.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Marine Emissions Control Systems Market Trends Report By Top Key Players: Yara Marine Technologies, Damen Marine Services, Johnson Matthey, Hitachi Zosen Inova, ANDRITZ, Tenneco, Fuji Electric Corp. of America, Wärtsilä, DuPont here

News-ID: 1367517 • Views: 1141

More Releases from Global Market Insights, Inc.

Global sodium metasilicate pentahydrate market size by 2025 | Top Companies are …
Global Market Insights, Inc., says that sodium metasilicate pentahydrate market may exceed USD 875 million by 2025. Sodium metasilicate pentahydrate market is expected to accrue momentous proceeds from the cement industry. The product is used as a connecting agent in the making of refractory cement & can enable properties such as chemical and heat resistance and hardness. It has also found application in the cosmetic, textile, ceramics, chemical production, and
Vinyl ester market Growth in Europe, Impact Covid19 and Top key players like Swa …
Vinyl ester market to be fueled by increasing deployment of wind energy facilities, Europe to emerge as a pivotal revenue pocket. In 2017, Europe marked a growth of 25% in the wind power plant capacity annual installation as compared to 2016. Whereas wind energy was the second-largest source of power generation power in the year 2016 in Europe. Nations worldwide are actively aligning their focus toward the deployment of wind
Biaxially Oriented Polypropylene (BOPP) Market Size, Share by key players like B …
Biaxially oriented polypropylene (BOPP) market size to reach USD 20 billion by 2024. Growing focus on superior packaging for the protection of delicate good, foods, medicines, and others will favor BOPP business growth in the coming years. Rapid proliferation of e-commerce platforms along with changing consumer spending trends will drive biaxially oriented polypropylene (BOPP) market outlook. In a world of constantly-changing lifestyles, consumers expect products to be shatter-proof, lightweight, aesthetically appealing,
Titanium Dioxide Market to see 7%+ CAGR over 2021-2026 | Key Players are Tronox …
Titanium Dioxide Market growth will be driven by rising expansion activities in the paints & coatings sector and proliferating application in paper & pulp industry. For years, titanium dioxide (TiO₂) has been used in the manufacturing of numerous consumer products across various industries. The product finds applications in paints, adhesives, coatings, paper, rubber, printing inks, textiles, coated fabrics, ceramics, roofing materials, floor coverings, and cosmetics. Surging in product demand across

All 5 Releases


More Releases for Marine

Ocean Engineering Equipment Market Business Opportunities 2026 - Top Companies a …
The Ocean Engineering Equipment Market research added by UpMarketResearch.com, offers a comprehensive analysis of growth trends prevailing in the global business domain. This report also provides definitive data concerning market, size, commercialization aspects and revenue forecast of the industry. In addition, the study explicitly highlights the competitive status of key players within the projection timeline while focusing on their portfolio and regional expansion endeavors. Request Exclusive Free Sample PDF of This
Marine Cranes Market Reviews and Statistics 2020 - DMW Marine, Heila Cranes, Eff …
An extensive study of the product application and services conducted by subject matter experts assessing the global Marine Cranes market will help product owners to make a wise decision. The latest research report on Marine Cranes market for the forecast period, 2020 - 2025 is involved in screening the business environment and the companies operating in the Marine Cranes industry. Importantly, the research sheds a lot of light on their winning
Agar Agar Manufacaturer - Marine Hydrocolloids
Agar Agar Food Grade (China Grass) Agar Agar is used as 100% vegetarian substitute for Gelatin (manufactured from animal bones and skin) in the food industry. The usage is fast gaining ground due to the worldwide shift for products of vegetable origin. Agar Agar has been used for many centuries as high performance gelling agent. Its ability to produce clear colourless, odourless, and natural gels without the support of other colloids has
Marine Navigation Systems Market Growth
In this report, we studies the present scenario (with the base year being 2017) and the growth prospects of global Marine Navigation Systems market for 2018-2023. Key Questions Answered in this report: What will the Marine Navigation Systems Market the growth rate be in 2023? What are the key factors driving the Global Marine Navigation Systems Market with a focus on the Global market? What are the key market trends in Marine Navigation Systems
Marine Diesel Engines Market
MaketStudyReport.com adds a New Marine Diesel Engines Market Research Report for the period of 2017-2024 that shows the growth of the market is rising at a 5% CAGR to 2024. Marine Diesel Engines Market size is set to exceed USD 7 billion by 2024, according to a new research report. Growing demand for economic viable engines coupled with rise in seaborne trade will drive marine diesel engines market. According to United
Global Marine Grease Market 2017 - Chevron, Castrol, Lubmarine, BP Marine
Apex Market Reports, recently published a detailed market research study focused on the "Marine Grease Market" across the global, regional and country level. The report provides 360° analysis of "Marine Grease Market" from view of manufacturers, regions, product types and end industries. The research report analyses and provides the historical data along with current performance of the global Marine Grease industry, and estimates the future trend of Marine Grease market