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Marine Scrubber Systems Market Poised to Reach US$5.2 billion by 2028

04-14-2023 06:59 PM CET | Logistics & Transport

Press release from: Persistence Market Research Pvt. Ltd

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Marine Scrubber Systems Market

Marine Scrubber Systems Market

The Marine Scrubber Systems Market has been growing steadily in recent years, driven by increasing environmental regulations, technological advancements, and growing awareness of the need for sustainable shipping. The market is expected to continue its growth trajectory in the coming years, with a projected value of US$5.2 billion by 2028.

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Market Dynamics:

Stricter emissions regulations and the need to comply with international standards have been the major drivers of growth in the Marine Scrubber Systems Market. With the International Maritime Organization (IMO) imposing increasingly stringent regulations on emissions, shipping companies have been investing in scrubber systems to reduce the environmental impact of their operations. Technological advancements in scrubber systems have also been a major factor, with new systems offering improved efficiency, lower costs, and increased reliability.

Market Strategies:

In order to succeed in the Marine Scrubber Systems Market, companies need to adopt a range of strategies, including investing in R&D to develop new, innovative scrubber systems, expanding their product portfolios to meet the needs of different types of vessels, and focusing on sustainability and environmental protection to attract environmentally conscious customers.

Market 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 and more

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Recent Developments:

Recent developments in the Marine Scrubber Systems Market include the adoption of new regulations by the IMO to further reduce emissions, the development of new, more efficient scrubber systems, and the increasing focus on sustainability and environmental protection by shipping companies.

• In January 2022, the IMO announced new regulations that require ships to reduce their greenhouse gas emissions by 50% by 2050. This is expected to drive demand for marine scrubber systems in the coming years.

• In February 2022, Wärtsilä, a leading supplier of marine scrubber systems, announced that it had delivered its 500th scrubber system to a customer in China. This milestone highlights the growing demand for scrubber systems in the Asia-Pacific region.

• In March 2022, Alfa Laval, a global supplier of heat transfer, separation, and fluid handling systems, announced the launch of its new PureSOx Connect platform, which provides real-time monitoring and analysis of scrubber systems to optimize their performance and reduce operating costs.

• In April 2022, MAN Energy Solutions, a leading supplier of marine engines and power systems, announced that it had received an order for 20 scrubber systems for container ships from a major shipping company in Asia. This order highlights the growing demand for scrubber systems in the container shipping sector.

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Marine Scrubber Systems Market Segmentations:

The Marine Scrubber Systems market can be segmented based on several factors, including:

• Type: Wet scrubbers and dry scrubbers are the two main types of marine scrubber systems.

• Technology: There are three main types of scrubber technologies: open-loop scrubbers, closed-loop scrubbers, and hybrid scrubbers.

• End-user: The market can be segmented based on the type of vessel, such as container ships, tankers, bulk carriers, cruise ships, and ferries.

• Application: Scrubber systems can be used for both main engine exhaust gas cleaning and auxiliary engine exhaust gas cleaning.

• Geography: The market can also be segmented based on geography, such as North America, Europe, Asia-Pacific, Middle East & Africa, and South America.

• Component: The market can also be segmented based on the component, including pumps, filters, tanks, and nozzles, among others.

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