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North America Wet Marine Scrubber Systems Market Analysis

  • Report ID: GMI8889
  • Published Date: Apr 2024
  • Report Format: PDF

North America Wet Marine Scrubber Systems Market Analysis

Based on type, the market is segmented into open loop, closed loop, hybrid and others. Hybrid is anticipated to grow by more than USD 1.7 Billion by 2032.  These systems combine the features of both open-loop and closed-loop scrubbers, offering a versatile and adaptable approach to emission control for marine vessels thereby improving growth opportunities. In addition, their ability to switch between open-loop and closed-loop modes based on operational needs and environmental conditions coupled with advanced monitoring and control technologies will stimulate the product adoption in the region.
 

North America Wet Marine Scrubber Systems Market Share, By Application, 2023

Based on application the North America wet marine scrubber systems market is segmented into commercial, offshore, recreational, navy and others. Offshore is set to grow at a CAGR of more than 11.5% in the coming years driven by stringent environmental regulations and the need for compliance with emission standards in offshore operations. The industry prioritizes safety, reliability, and efficiency in equipment selection which makes these scrubbers an attractive choice owing to their proven performance and reliability in harsh marine conditions. Additionally, continued expansion across the maritime sector along with stringent environmental regulations will drive the business momentum.
 

U.S. Wet Marine Scrubber Systems Market Size, 2022-2032 (USD Million)

The U.S. wet marine scrubber systems market is anticipated to grow by more than USD 2.2 Billion by 2032. Robust enforcement of emission standards along with imposition of emission control areas (ECAs) along the U.S. coastline will propel the demand for scrubber technologies. Additionally, the country’s commitment to technological product advancements coupled with surge in offshore wind energy projects will foster the ecosystem for innovations in scrubber systems.
 

Authors: Ankit Gupta, Pooja Shukla

Frequently Asked Questions (FAQ) :

North America wet marine scrubber systems industry size was worth USD 1.2 billion in 2023 and will grow at a 11% CAGR between 2024 and 2032, driven by region's extensive maritime trade activities, particularly in oil and gas, shipping, and transportation sectors and the stringent environmental regulations.

Offshore segment will record more than 11.5% of industry share in 2032, primarily due to the region's extensive offshore oil and gas exploration activities and the stringent environmental regulations governing maritime emissions.

The hybrid loop type wet marine scrubber systems will secure USD 1.7 billion by 2032, propelled by segment's dual capability to handle both open-loop and closed-loop operations, providing flexibility to vessels operating in various marine environments.

Major leaders including Alfa Laval AB, ANDRITZ, Clean Marine, Duconenv, DuPont Clean Technologies, Ecospray Technologies S.r.l, Elessent Clean Technologies Inc, Exxon Mobil Corporation, FLSmidth, Mitsubishi Heavy Industries, Ltd., Panasia Co, Ltd., Solvay, Valmet Corporation, Wärtsilä Corporation are operating in the North America wet marine scrubber systems industry.

North America Wet Marine Scrubber Systems Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 15
  • Tables & Figures: 450
  • Countries covered: 2
  • Pages: 300
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