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Asia Pacific Offshore Marine Scrubber Systems Market Trends

Report ID: GMI9444
Published Date: May 2024
Report Format: PDF

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Asia Pacific Offshore Marine Scrubber Systems Market Trends

Growing adoption of liquefied natural gas (LNG) as a marine fuel in the region has raised the demand for exhaust gas cleaning systems designed for LNG fueled vessels thereby giving opportunities to manufacturers, fueling the business expansion. Rising adoption of modular and compact designs to optimize space utilization on board vessels, especially in constrained offshore environments, while still ensuring effective emissions abatement will drive the business scenario.

Authors: Ankit Gupta, Pooja Shukla

Frequently Asked Questions (FAQ) :

Asia Pacific Offshore Marine Scrubber Systems industry size was worth USD 792.7 million in 2023 and will grow at an 8.6% CAGR between 2024 and 2032 due to increasing global trade and maritime activities, a growing focus on sustainability, and reducing carbon footprints in the maritime industry.

The wet technology segment will reach around USD 1.45 billion by 2032, driven by the effectiveness and versatility of wet scrubbers in removing sulfur oxides and particulate matter from ship emissions.

Japan offshore marine scrubber systems industry will register USD 552 million by 2032, attributed to Japan's stringent environmental regulations and the maritime industry's commitment to emissions reduction.

Key manufacturers of offshore marine scrubber systems are Andritz, ABB, Alfa Laval, Dupont, Ecospray Technologies S.r.l., Fuji Electric Co., Ltd., KwangSung, Keppel Offshore & Marine Ltd., Langh Tech Oy Ab, SAACKE GmbH, Unique Group, VDL AEC Maritime B.V., Valmet, Wartsila, and Yara International ASA, among others.