Marine Scrubber Systems Market Size By Technology (Wet Technology {Open Loop, Closed Loop, Hybrid}, Dry Technology), By Fuel (MDO, MGO, Hybrid), By Application (Commercial {Container Vessels, Tankers, Bulk Carriers, RO-RO}, Offshore {AHTS, PSV, FSV, MPSV}, Recreational {Cruise Ships, Ferries, Yachts}, Navy), Industry Analysis Report, Regional Outlook, Application Potential, Price Trends, Competitive Market Share & Forecast, 2020 – 2026

Industry Trends

Marine Scrubber Systems Market size exceeded USD 10 billion in 2019 and annual installation is anticipated to exceed 3 thousand units by 2026. Increasing sulfur oxide emissions from ships on account of flourishing trade and shipping sector along with rising concerns toward environment safety will stimulate the product adoption.
 

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Introduction of stringent government norms and directives focused at curbing marine pollution by fuel and other toxic constituents coupled with growing implementation of these norms across the shipping industry is projected to drive the deployment of Exhaust Gas Cleaning (EGC) systems or scrubber technology. As per the International Maritime Organization (IMO) directive, all ships are required to reduce SOx emissions both inside & outside Sulfur Emission Control Areas (SECAs).
 

Rising concerns pertaining to adverse effects of SO_x emissions on human health, environment sustainability and increasing R&D initiatives with escalating focus on green shipping will augment the industry scenario. IMO MARPOL, in January 2015, introduced a directive limiting SOx release across the ECAs to 0.10% which came into force on 1^st January 2016. In addition, the MEPC in 2016, announced a global limit of 0.5% on sulfur fuel content which came into effect on 1^st January 2020.
 

The unforeseen outbreak of COVID-19 (Novel Coronavirus) resulted in halted industry operations across all regions. The developed economies are focusing on over-compensating the recent impacts of the pandemic by fast tracking the operations as the opportunity arises, in turn, resulting in anticipation of gradual marine scrubber systems market growth. Moreover, rising urgency to cater to the heightened logistics demand particularly from commercial sector is set to enhance the business outlook.
 

Hybrid units will undergo a substantial growth owing to consumer inclination toward sustainable scrubbing technologies

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Wet marine scrubber systems market exceeded USD 10 billion in 2019 on account of less payback period along with long term operational flexibility. This technology is categorized by open loop, closed loop & hybrid systems. Hybrid technology deployment is set to boost owing to greater adjustability & flexibility pertaining to open and closed loop cycles. Furthermore, the ability of these systems to operate in different water alkalinity levels is set to strengthen the product demand.
 

Demand for low emission and sustainable units will drive the installation of MGO systems

Marine Gas Oil (MGO) segment is anticipated to register over 11% CAGR through 2026 owing to the ability to generate comparatively less quantity of sulfur concentrations in the atmosphere. Further, increasing adoption of fuel by ship owners, primarily across SECAs along with independency from heating the oil during storage is set to enhance the business landscape. Moreover, heightened usage across regions comprising the North Sea, the Caribbean Sea, North American waters and the Baltic Sea as a clean fuel option will augment the system demand.
 

The hybrid fueled units will witness a significant growth in consequence of the shifting industry focus on limiting hazardous emissions along with rising health concerns. In addition, implementation of strict IMO directives centered at environmental protection coupled with the mounting urgency to comply with the new ECA regulations is projected to complement the business statistics.
 

Availability of government investments with an aim to strengthen the national security with advanced shipping line and compliant carriage containers will further boost the deployment of marine scrubbers.
 

Increasing cruise travels on account of growing disposable income will fuel the adoption of marine scrubber systems across recreational application

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Increasing participation in leisure activities including international voyage and cruise vacations driven by rising per capita income is anticipated to propel the recreational marine scrubber systems market share. Growing sulfur emission from ships owing to flourishing global trade followed by escalated maritime transportation across the developing and developed economies will augment the product installation. Thriving shipping sector on account of robust development of sea routes coupled with accelerating demand to retrofit traditional vessels is further set to stimulate the marine scrubber systems industry statistics.
 

Asia Pacific is set to dominate the regional share owing to escalated ship building activities and increasing commercialization

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Asia Pacific marine scrubber systems market share is projected to grow on account of rapid industrialization in line with shifting inclination of end users toward commercial application. Surging ship building activities predominantly across Japan, China and South Korea along with implementation of regional pollution reduction initiatives will continue to entail the product deployment.
 

For instance, the Government of South Korea implemented an emission reduction initiative effective from 1^st September 2020 across its major ports comprising Pyeongtaek-Dangjin, Incheon, Busan, Yeosu-Gwangyang and Ulsan. The nation mandated for ships anchored at its ports to burn fuel with a maximum permissible sulfur content of 0.10%, thereby strengthening the industry scenario.
 

Shifting industry preference toward green shipping coupled with growing adoption of sustainable systems is set to stimulate the Australian marine scrubber systems market demand. The Australian Maritime Safety Authority (AMSA) issued a marine notice in 2019 pertaining to the requirements for the utilization of scrubber systems in Australian waters. Moreover, ongoing FDI flow owing to cross-border mergers, tax inversions and M&A’s is anticipated to strengthen the business growth.
 

Ongoing innovations, rising acquisitions and collaborations are acting as the focal point of market players

Ongoing R&D, product development, innovations and strategic alliances in order to comply with the globally accepted mandates along with increasing ship building activities is driving the business outlook. Key manufacturers are focusing on M&As with global and regional participants to create opportunities. Major participants in marine scrubber systems market comprise of Alfa Laval, Mitsubishi, Kwangsung, Damen Shipyards Group, Fuji Electric, CR Ocean Engineering, Valmet, DuPont, Ecospray Technologies, Yara, Clean Marine, Wärtsilä and SAACKE amongst others.
 

Marine scrubber systems market research report includes in-depth coverage of the industry with estimates & forecast in terms of Units, and ‘USD” from 2015 to 2026, for the following segments:

By Technology

• Wet Technology
  • Open Loop
  • Closed Loop
  • Hybrid
  • Others
• Dry technology

By Fuel

• MDO
• MGO
• Hybrid
• Others

By Application

• Commercial
  • Container Vessels
  • Tankers
  • Bulk Carriers
  • Roll On/Roll Off
  • Others
• Offshore
  • AHTS
  • PSV
  • FSV
  • MPSV
  • Others
• Recreational
  • Cruise ships
  • Ferries
  • Yachts
  • Others
• Navy
• Others

The above information has been provided for the following regions and country:

• North America
  • U.S.
  • Canada
• Europe
  • Greece
  • Norway
  • Germany
  • UK
  • France
  • Netherlands
  • Italy
  • Croatia
  • Poland
  • Russia
  • Romania
  • Denmark
• Asia Pacific
  • China
  • South Korea
  • Japan
  • Philippines
  • Vietnam
  • Taiwan
  • India
  • Indonesia
  • Malaysia
  • Singapore
  • Australia
• Rest of World