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Wet Marine Scrubber Systems Market Analysis

  • Report ID: GMI5997
  • Published Date: Jun 2023
  • Report Format: PDF

Wet Marine Scrubber Systems Market Analysis

Hybrid wet marine scrubber systems market will cross a valuation of USD 8.3 billion by 2032. The increasing awareness of air pollution and its detrimental effects on human health has resulted in a greater emphasis on improving air quality. Wet scrubber systems help industries reduce emissions of particulate matter, acid gases, and other harmful pollutants, contributing to improved air quality in surrounding communities. Moreover, rapid industrialization and urbanization in developing countries coupled with ongoing research and development in wet scrubber technology have led to the introduction of more efficient and cost-effective systems.
 

Wet Marine Scrubber Systems Market Share, By Fuel,

The wet marine scrubber systems market from commercial application segment will cross a valuation of USD 4.2 billion by 2032. Increasing focus of various industries to reduce their environmental impact and ensure compliance with emission control regulations will stimulate the market scenario. Furthermore, rising research and development activities to develop advanced & modernized solutions coupled with significant efforts across the major players to introduce products delivering enhanced output at reduced operational costs will boost the industry outlook.
 

Asia Pacific Wet Marine Scrubber Systems Market Size, By Country,

Asia Pacific wet marine scrubber systems market is poised to attain 9% CAGR between 2023 and 2032. Rising vessel upgrades and retrofitting to maintain vigorous economic growth, and the implementation of significant regulations by the government, contribute to the deployment of efficient scrubber systems. For instance, under the International Maritime Organization (IMO) MARPOL Convention on air pollution prevention, ships must trade outside sulphur emission control regions and use fuels with a maximum sulphur concentration of 0.50% m/m by 2020. Therefore, the sustainable infrastructure development along with advancements in scrubber design, materials, and control systems will further propel the regional business expansion.

Authors: Ankit Gupta, Srishti Agarwal

Frequently Asked Questions (FAQ) :

The market size of wet marine scrubber systems exceeded USD 4.5 billion in 2022 and is projected to register 10% CAGR during 2023 to 2032, owing to the rising pollution from various sea-based sectors, along with development of certain emission control zones.

Hybrid wet marine scrubber systems industry size will be worth over USD 8.3 billion by 2032 as these systems help industries reduce emissions of particulate matter, acid gases, and other harmful pollutants, contributing to improved air quality in surrounding communities.

Asia Pacific wet scrubber systems business is expected to attain 9% gains from 2023 to 2032. Rising vessel upgrades and retrofitting to maintain vigorous economic growth, and the implementation of significant regulations by the government favor the product deployment in the region.

Key wet marine scrubber systems market participants include ME Production, ALFA LAVAL, Valmet, Duconenv, CR Ocean Engineering, HAMON, Langh Tech Oy Ab, DuPont, Mitsubishi Heavy Industries, Ltd., Elessent Clean Technologies Inc., Ecospray Technologies S.r.l., Damen Shipyards Group, VDL AEC Maritime B.V., and Clean Marine among others.

Wet Marine Scrubber Systems Market Scope

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Premium Report Details

  • Base Year: 2022
  • Companies covered: 20
  • Tables & Figures: 739
  • Countries covered: 26
  • Pages: 200
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