Press release
Marine Scrubber Systems Market is Growing at a CAGR of 20.4% from 2022 to 2028
Marine Scrubber Systems Market Forecast to 2028
The market for marine scrubber systems is anticipated to reach an absolute value of US$ 11.1 billion during the forecast period, with a CAGR of 20.4% (by value) from 2018 to 2028. Some of the reasons that are anticipated to provide a solid foundation for the robust growth of the worldwide Marine Scrubber Systems market are long-term cost savings, rapid return on investments, and international rules regulating the sulphur content in marine fuels.
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Marine scrubber systems are pollution control devices that are used in ships to reduce the emission of sulfur oxides (SOx), nitrogen oxides (NOx), and other pollutants into the air. These systems work by scrubbing the exhaust gases from the ship's engines before they are released into the atmosphere. The use of marine scrubber systems has become increasingly important as environmental regulations have become stricter and the shipping industry has come under increasing scrutiny for its impact on air pollution.
Key Players-
• Alfa Laval AB
• Wärtsilä Oyj Abp
• Yara Marine Technologies As
• VDL AEC Maritime
• Feen Marine Scrubbers Inc.
• CR Ocean Engineering, LLC
• E. I. du Pont de Nemours and Company
• Mitsubishi Heavy Industries, Ltd.
• Hyundai Heavy Industries
• Kwangsung Co.,Ltd
• Shanghai Bluesoul Environmental Technology Co.,Ltd.
• Pacific Green Marine Technologies Inc.
• Primarine GmbH
• Ecospray Technologies
• PANASIA CO., LTD.
• Valmet Corporation
• Fuji Electric
• ANDRITZ AG
• Ionada Incorporated
• Others.
These companies are focusing on the development of advanced technologies and products to cater to the increasing demand for marine scrubber systems.
The global marine scrubber systems market is expected to grow at a significant rate in the coming years. This growth is primarily driven by the increasing adoption of these systems by the shipping industry as a means of complying with stricter environmental regulations. The implementation of stricter emission control regulations by various governments around the world is also expected to drive the demand for marine scrubber systems.
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Marine Scrubber Systems Market: Segmentation
Marine Scrubber Systems Market by Technology
• Wet ( Open Loop, Closed Loop, Hybrid)
• Dry
Marine Scrubber Systems Market by Application
• New-build
• Retrofit
Marine Scrubber Systems Market by Vessel Type
• Commercial Vessels ( Container Ships, Bulk Carriers, Tankers, Cruise Liners, Other Commercial Vessels)
• Offshore Vessels ( FPSO Vessels, Other Offshore Vessels )
• Navy Vessels
Marine Scrubber Systems Market by Fuel Type
• Marine Diesel Oil (MDO)
• Intermediate Fuel Oil (IFO)
• Residual
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The increasing awareness of the environmental impact of shipping is also expected to drive the demand for marine scrubber systems. Many countries and organizations are implementing programs to promote the use of cleaner and more sustainable shipping practices, which is expected to drive the demand for these systems.
In conclusion, the global marine scrubber systems market is expected to experience significant growth in the coming years due to the increasing adoption of these systems by the shipping industry and the implementation of stricter environmental regulations. The increasing awareness of the environmental impact of shipping is also expected to drive the demand for these systems.
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