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Marine Scrubber Market Size - Global Industry Share, Analysis, Trends and Forecast 2022 - 2030

Category : Energy and Power | Published at : August-2022 | Delivery Format : PDF | Status: Published | Pages : 250

The Global Marine Scrubber Market Size accounted for USD 3,558 Million in 2021 and is estimated to achieve a market size of USD 16,382 Million by 2030; growing at a CAGR of 18.8% from 2022 to 2030.

The Global Marine Scrubber Market Size accounted for USD 3,558 Million in 2021 and is estimated to achieve a market size of USD 16,382 Million by 2030; growing at a CAGR of 18.8% from 2022 to 2030.

Marine scrubbers are critical systems for removing hazardous components from exhaust fumes. Marine scrubbers, also known as exhaust gas cleaning systems (ECGS) or SOx scrubbers, are primarily concerned with lowering sulfur emissions into the environment. The introduction of stringent environmental laws in the maritime industry to reduce sulphur oxide emissions is driving the global marine scrubber market revenue. The International Maritime Organization (IMO) and European Commission are the two major regulatory bodies that are focusing on reducing sulphur emissions from the marine industry. The installation of a marine scrubber or exhaust gas cleaning system will almost certainly lower the sulphur level from 3.5% to 0.5%. The discharge of sulphur oxides (SOx) and nitrogen oxides (NOx) from exhaust gases produced by the combustion process in maritime equipment is rapidly expanding the marine scrubber market growth. Additionally, according to our marine scrubber industry analysis, increasing environmental concerns is expected to boost the market further throughout the predicted period of 2022 to 2030.

Global Marine Scrubber Market Dynamics

Market Drivers

  • Growing worldwide environmental concerns
  • Increasing focus on marine workers' safety
  • Surging demand in bulk and oil/chemical vessels
  • Rising trend of hybrid technologies owing to their advantages

Market Restraints

  • High installation and maintenance costs
  • High potential for corrosion problems

Market Opportunities

  • Growing stringent regulatory guidelines
  • Increasing demand for sustainable methods to control SOx emissions

Marine Scrubber Market Report Coverage

Market Marine Scrubber Market
Marine Scrubber Market Size 2021 USD 3,558 Million
Marine Scrubber Market Forecast 2030 USD 16,382 Million
Marine Scrubber Market CAGR During 2022 - 2030 18.8%
Marine Scrubber Market Analysis Period 2018 - 2030
Marine Scrubber Market Base Year 2021
Marine Scrubber Market Forecast Data 2022 - 2030
Segments Covered By Technology, By Fuel Type, By Vessel Type, By Application, And By Geography
Marine Scrubber Market Regional Scope North America, Europe, Asia Pacific, Latin America, and Middle East & Africa
Key Companies Profiled Alfa Laval AB, Clean Marine AS, Damen Shipyards Group N.V., DuPont, Ecospray Technologies S.r.l., Fuji Electric Co. Ltd., Kwangsung Co., Ltd., Mitsubishi Heavy Industries, Valmet Corporation, Wärtsilä Oyj Abp, and Yara Marine Technologies AS.
Report Coverage
Market Trends, Drivers, Restraints, Competitive Analysis, Player Profiling, Regulation Analysis
Marine Scrubber Market Insights

The increased environmental concern is one of the primary factors driving the need for marine scrubbers. Maritime transportation has a direct impact on air quality in many coastal communities worldwide. Ship exhaust gases contribute significantly to air pollution, particularly sulphur oxide emissions from fuel oil combustion. Sulphur oxide emissions can be reduced to prevent acid rain and ocean acidification. Ships have typically used fuel oils with a sulphur concentration of up to 3.50% for propulsion. This level of sulphur oxide emission is damaging people's health and the environment; hence the demand for marine scrubbers is skyrocketing across the maritime sector.

Growing health concerns among those exposed to sulphur oxide or nitrogen oxide are also prompting maritime players to quickly integrate marine scrubbers into their existing systems. Sulfur oxides are toxic to the human respiratory system and make breathing difficult, leading to pulmonary and cardiovascular illness. In addition, rising application of hybrid marine scrubber technologies due to their advantages is one of the important trends in the marine scrubber market. However, a high installation and maintenance cost of marine scrubber would restrict the market from growing. Furthermore, the growing strict regulatory guidelines to reduce sulphur oxide emissions are anticipated to generate numerous growth opportunities for the market in the coming years.

Marine Scrubber Market Segmentation

The worldwide marine scrubber market is split based on technology, fuel type, vessel type, application, and geography.

Marine Scrubber Market by Technology

  • Wet Technology
    • Closed-Loop Technology
    • Hybrid Technology
    • Open Loop Technology
  • Dry Technology

Based on technology, the wet scrubber technology sub-segment dominated the market with the highest market share since it is the most common and recognized as the most efficient. The scouring liquid used within a wet scrubber may be freshwater or seawater with chemical additions. Caustic soda (NaOH) and limestone are the most widely utilized additions (CaCO3). Wet scrubbers are further classified as closed-loop, open-loop, or hybrid. Ships can use closed-loop systems to collect accumulated sludge on board for eventual disposal at a suitable in-port facility in ports and areas where open-loop scrubbing is forbidden. Hybrid scrubber systems, on the other hand, can work in either closed-loop or open-loop modes, providing greater flexibility.

Marine Scrubber Market by Fuel Type

  • MDO
  • MGO
  • LNG
  • Hybrid

According to our marine scrubber market forecast, LNG and MGO are the most favored and widely utilized fuels in place of HFO because they are good fuels with lower carbon dioxide (CO2), sulphur oxide (SOx), and nitrogen oxide (NOx) emissions than HFO. Marine Gas Oil, or MGO, is a high-quality marine fuel made entirely of distillates. All of the components of crude oil that vaporize during distillation and are later condensed from a gas into liquid are referred to as distillates. As a result of increased environmental concerns and rigorous regulatory frameworks for emissions, MGO and LNG fuel types are expected to gain popularity in the next years.

Marine Scrubber Market by Vessel Type

  • Commercial
    • Bulk Carriers
    • Containers
    • Tankers
    • Roll On/Roll Off
  • Recreational
    • Cruise Ships
    • Yachts
    • Ferries
  • Offshore
    • AHTS
    • PSV
    • FSV
    • MPSV
  • Navy

Marine Scrubber Market Size accounted for USD 3,558 Million in 2021 and is estimated to achieve a market size of USD 16,382 Million by 2030

According to our marine scrubber industry analysis, the commercial sub-segment will account for a sizable market share between 2022 and 2030. The growing need to meet increased logistics demand, especially from the commercial sector, is expected to improve the business picture. In addition to that, the rising number of cross-border transportation, increasing oil & gas sector, and rising international trading are some of the aspects that are driving the commercial marine scrubber market demand.

Marine Scrubber Market by Application

  • Retrofit
  • New Build

Marine Scrubber Market Size is estimated to achieve a market size of USD 16,382 Million by 2030; growing at a CAGR of 18.8% from 2022 to 2030.

Retrofit vessels occupied a considerable marine scrubber market share in 2021 and are expected to do so in the future years. Following the immediate IMO sulphur cap of 0.5%, which takes effect on January 1, 2020, the existing fleet of vessels will either install marine scrubber systems or switch to low-sulfur fuels. As a result, many vessel owners are enthusiastic about the prospect of retrofitting their boats with marine scrubber systems in order to comply with the 2020 global IMO legislation. New construction applications, on the other hand, are predicted to develop at the fastest rate in the following years, from 2022 to 2030.

Marine Scrubber Market Regional Outlook

North America

  • U.S.
  • Canada

Europe

  • U.K.
  • Germany
  • France
  • Spain
  • Rest of Europe

Latin America

  • Mexico
  • Brazil
  • Rest of Latin America

Asia-Pacific

  • India
  • Japan
  • China
  • Australia
  • South Korea
  • Rest of Asia-Pacific

The Middle East & Africa (MEA)

  • Gulf Cooperation Council (GCC)
  • South Africa
  • Rest of the Middle East & Africa

Strict government regulations in the EU will support the European marine scrubber market growth

According to our geographical analysis of the marine scrubber business, Europe occupied a substantial market share in 2021 and will continue to do so in the future. The region's rapid expansion can be attributed to the presence of tight EU laws as well as the presence of some of the world's major commercial shipping line owners in the region. Through the Sulphur Directive, the EU has taken significant action to limit the sulphur content of marine fuels since 2012. Furthermore, the EU has worked hard to play an active role in addressing maritime emissions more broadly, both at home and worldwide.

In terms of growth, the Asia-Pacific area is expected to experience the fastest growth between 2022 and 2030. The growing industrialization in this region is attributed to the shifting propensity of end consumers toward commercial applications. Aside from that, increasing shipbuilding activities, primarily in China, Japan, and South Korea, as well as the introduction of regional pollution reduction programmes, will continue to incorporate product deployment.

Marine Scrubber Market Players

Some of the top marine scrubber companies offered in the professional report include Alfa Laval AB, Clean Marine AS, Damen Shipyards Group N.V., DuPont, Ecospray Technologies S.r.l., Fuji Electric Co. Ltd., Kwangsung Co., Ltd., Mitsubishi Heavy Industries, Valmet Corporation, Wärtsilä Oyj Abp, and Yara Marine Technologies AS.

Marine Scrubber Market Size accounted for USD 3,558 Million in 2021 and is estimated to achieve a market size of USD 16,382 Million by 2030; growing at a CAGR of 18.8%

Frequently Asked Questions

The estimated value of global marine scrubber market in 2021 was accounted to be USD 3,558 Million.

The projected CAGR marine scrubber market during the analysis period of 2022 to 2030 is 18.8%.

The prominent players of the global marine scrubber market are Alfa Laval AB, Clean Marine AS, Damen Shipyards Group N.V., DuPont, Ecospray Technologies S.r.l., Fuji Electric Co. Ltd., Kwangsung Co., Ltd., Mitsubishi Heavy Industries, Valmet Corporation, Wärtsilä Oyj Abp, and Yara Marine Technologies AS.

Europe held the dominating marine scrubber during the analysis period of 2022 to 2030.

Asia-Pacific region exhibited fastest growing CAGR for marine scrubber during the analysis period of 2022 to 2030.

Growing worldwide environmental concerns, increasing focus on marine workers' safety, and surging demand in bulk and oil/chemical vessels drives the growth of global marine scrubber market.

Based on technology, wet technology segment is expected to hold the maximum share marine scrubber market.


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