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Dry Marine Scrubber Systems Market Analysis

  • Report ID: GMI8234
  • Published Date: Feb 2024
  • Report Format: PDF

Dry Marine Scrubber Systems Market Analysis

Marine diesel oil (MDO) segment accounted for over 65% of the market share in 2023. Key factors including compatibility with both open-loop and hybrid scrubber systems will enhance the product penetration. Furthermore, MDO being medium-distillate fuel, contains lower sulfur content compared to Heavy Fuel Oil (HFO), making it compliant with stringent emissions regulations. Additionally, the fuel is readily available and can be used across both existing and new vessels, making it the preferred choice for retrofit installations of scrubber systems.
 

Dry Marine Scrubber Systems Market Share, By Application, 2023

Based on application, the recreational segment is set to grow at a CAGR of over 10% through 2032. Shifting focus to reduce the environmental footprint across the recreational vessels including yachts, cruise ships, and pleasure craft among others will influence the business trends. Stringent regulations & mandates coupled with growing environmental awareness to reduce emissions in leisure boats will augment the demand for retrofitting scrubber systems, thereby complementing the market growth.
 

Asia-Pacific Dry Marine Scrubber Systems Market Size, 2022-2032 (USD Million)

Asia-Pacific dry marine scrubber systems market is valuation projected to surpass more than USD 1.2 billion by 2032, driven by stringent emissions regulations, particularly in key maritime nations comprising of China, Japan, and South Korea will augment the business landscape. Rapid industrialization, urbanization, and increasing trade activities along with growing concerns about air pollution and environmental sustainability, will lead to enhanced product adoption. Rising retrofit installations, technological advancements, along with shifting focus on green shipping initiatives will fuel the market expansion.

Authors: Ankit Gupta, Pooja Shukla

Frequently Asked Questions (FAQ) :

The market valuation of the dry marine scrubber systems was reached USD 1 billion in 2023 and is anticipated to witness 9.8% CAGR from 2024 to 2032 due to the rising need to reduce emissions of sulfur oxides (SOx), nitrogen oxides (NOx), and particulate matter (PM) from marine engines.

Dry marine scrubber systems market from the recreational application segment is set to record over 10% CAGR up to 2032 owing to shifting focus to reduce the environmental footprint across the recreational vessels including yachts, cruise ships, and pleasure craft among others.

Asia-Pacific dry marine scrubber systems market size is anticipated to surpass USD 1.2 billion by 2032, due to robust growth driven by stringent emissions regulations, particularly in key maritime nations comprising of China, Japan, and South Korea.

Some of the dry marine scrubber system providers include ANDRITZ, Alfa Laval AB, Clean Marine, CR Ocean Engineering, LLC, Damen Shipyards Group, DuPont Clean Technologies, and Ecospray Technologies S.r.l.

Dry Marine Scrubber Systems Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 15
  • Tables & Figures: 850
  • Countries covered: 24
  • Pages: 450
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