Marine Scrubber Market Size To Touch USD 16,382 Million By 2030

Marine Scrubber Market Size in 2021 was USD 3,558 Million, Market Value set to reach USD 16,382 Million at 18.8% CAGR

Marine Scrubber Market Research Report Highlights and Statistics

● According to our report, the marine scrubber market is expected to grow at a CAGR of 18.8% from 2022 to 2030.
● The main drivers of the marine scrubber market are the implementation of stricter environmental regulations for marine emissions, and the increasing demand for clean and energy-efficient ships.
● The IMO's sulphur emissions cap, which came into effect in 2020, has led to an increased demand for marine scrubbers as ships are required to reduce their sulphur emissions from 3.5% to 0.5%.
● The open-loop marine scrubber market is expected to be the largest during the forecast period, due to the lower cost of installation and maintenance.
● Asia Pacific is set to have the fastest marine scrubber market share, due to the high demand for marine scrubbers in countries such as China, Japan, and South Korea. And Europe currently dominates the marine scrubber market share due to implementation of strict environmental norms.
● The marine scrubber market is still in its developing phase and is expected to grow rapidly in the coming years, as more and more ships adopt these systems to comply with environmental regulations.
● Key players in the marine scrubber market include Alfa Laval, Yara International, Wärtsilä, Wartsila Corporation, and DuPont.

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Marine Scrubber Market Overview

The marine scrubber market is a technical industry that specializes in creating solutions to remove pollutants such as sulphur oxides (SOx) and particulate matter (PM) from the exhaust emissions of ships. The systems, commonly known as "exhaust gas scrubbers," consist of multiple stages that work together to clean the exhaust gas before it is released into the atmosphere. These stages include pre-treatment, scrubbing, and post-treatment sections.

Marine scrubbers work by introducing a cleaning solution, such as seawater, into the exhaust stream, where it reacts with pollutants and captures them in a scrubbing solution. The captured pollutants are then discharged into the sea or treated on-board before being discharged. Two types of marine scrubbers are open-loop and closed-loop. Open-loop scrubbers use seawater as the scrubbing solution, which is then discharged into the sea along with the captured pollutants. Closed-loop scrubbers use a cleaning solution that is recycled and reused, resulting in minimal discharge of pollutants.

The marine scrubber market is driven by the need to meet stricter environmental regulations for marine emissions. The International Maritime Organization (IMO) has set a deadline for ships to reduce their sulphur emissions from 3.5% to 0.5%. This has led to an increase in demand for marine scrubbers as they provide a cost-effective and efficient solution to meeting these emission standards. However, the market also faces challenges, such as the high cost of installation and maintenance of marine scrubbers and the lack of a standardized design for these systems.

Trends in the Marine Scrubber Market

● Increasing adoption of marine scrubbers to meet regulatory requirements for reducing sulfur emissions in ship exhausts.
● Seanergy Maritime has announced acquisition of marine scrubber equipped capesize vessel to be employed immediately along with sale of two of their oldest fleets vessels
● Development of more advanced marine scrubber technologies, such as open-loop and hybrid scrubbers, to improve efficiency and reduce costs.
● Growing market for marine scrubbers in Asia, particularly in China and Japan, due to increasing regulations and a large number of shipyards in the region.
● Some other trends include the retrofitting existing ships with marine scrubbers, increasing demand for marine scrubbers on LNG-powered ships, the growing interest in using EGR systems in combination with marine scrubbers, the emergence of alternative technologies such as low-sulfur fuel oil, the increased spending on R&D and adoption of digital and IoT technology to optimize performance, reduce costs and make the system more efficient.

Marine Scrubber Market Dynamics

Marine scrubber market share continues to grow as stricter environmental regulations are implemented. Shipping companies have been racing to comply with the deadline set by the IMO to reduce their sulphur emissions, leading to an increased demand for marine scrubbers as they provide a cost-effective and efficient solution to meeting these emission standards.
Additionally, the marine industry is shifting towards more sustainable and eco-friendly practices, which includes the use of marine scrubbers to reduce emissions and improve air quality. Advancements in technology have also led to more efficient and cost-effective marine scrubber systems.

The growth in international trade is leading to an increase in shipping activities, which in turn is driving the demand for marine scrubbers. Governments around the world are taking measures to promote sustainable shipping practices, which includes providing financial and technical assistance to ship owners for the installation of marine scrubbers.
The awareness of and concern over air pollution is increasing, which is leading to more stringent environmental regulations, thereby driving the market for marine scrubbers. The increased demand for LNG-powered ships is also driving the market for marine scrubbers, as they are more energy-efficient and emit fewer pollutants compared to conventional ships.

Marine Scrubber Market Growth Hampering Factors

● High Cost of installation and maintenance of marine scrubbers, which can be a challenge for some ship operators.
● Regulatory Uncertainty: The marine scrubber market is heavily regulated, and changes in regulations can create uncertainty and impede market growth.
● Limited Availability of Retrofit Solutions for older vessels.
● Complexity of systems and technical Challenges related to their operation and maintenance may lead to limitations in their adoption.
● Environmental concerns: have been raised in the marine scrubber industry due to potential environmental issues and risks of toxicity with waste water or sludge.
● With alternative Compliance options like LNG for their low-sulfur emission, shipowners may choose to invest in these options instead of marine scrubbers.

Market Segmentation

The marine scrubber market can be segmented into several different categories. One way of segmenting the market is by type of application, such as cargo ships, passenger ships, offshore support vessels, and others. Additionally, the market can be segmented based on the design of the marine scrubber system, such as open-loop and closed-loop. Another way of segmenting the market is by end-use industry, such as merchant ships, navy ships, fishing ships, and others. The market can also be segmented based on the components of the marine scrubber system, such as scrubber systems, scrubber towers, sensors, control systems, and others. Another method of segmentation is based on the type of installation, such as retrofit installation and new building installation. Furthermore, the market can be segmented by Scrubber Technology, such as wet scrubber, and dry scrubber and by ownership, such as OEMs and aftermarket providers

Marine Scrubber Market Key Players

● Alfa Laval
● Wärtsilä
● Yara Marine Technologies
● MEPC
● Mitsubishi Heavy Industries
● Hyundai Heavy Industries
● SRS Crisafulli
● JFE Engineering
● OceanSaver
● Clean Marine Energy
● Wartsila Water Systems
● DuPont
● Siemens
● Aker Solutions
● CECO Environmental
● Hamworthy
● Pureworld Solutions
● RGF Environmental Group
● Thermax Global
● Tri-Mer Corporation
● Pollution Control Systems
● Ecospray Technologies
● FLSmidth
● Mincon Group
● MECO
● SBM Offshore

Marine Scrubber Market Overview by Region

● Europe: The European marine scrubber market share is the largest as per our analysis and is expected to witness good growth for the forecast period attributed to the implementation of stricter regulations for marine emissions in the region. Additionally, the increasing demand for clean and energy-efficient ships in the region is also driving the market.
● Asia Pacific: The Asia Pacific region is expected to be the fastest growing market for marine scrubbers. This is due to the high demand for marine scrubbers in countries such as China, Japan, India, and South Korea. The increasing shipping activities in the region are also contributing to the growth of the market.
● North America: The North American marine scrubber market is expected to grow at a moderate rate during the forecast period.

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