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Asia Pacific Wet Marine Scrubber Systems Market Trends

Report ID: GMI9463
Published Date: May 2024
Report Format: PDF

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Asia Pacific Wet Marine Scrubber Systems Market Trends

Increasing government investment, incentives and subsidies to encourage the adoption of clean technologies in the maritime sector will propel the business landscape. Additionally, rising implementation of stringent environmental regulations government bodies to reduce sulfur oxide emissions from ships is set to compel vessel operators to adopt emissions abatement technologies, thereby strengthening the business statistics.

Authors: Ankit Gupta, Pooja Shukla

Frequently Asked Questions (FAQ) :

The market size of Asia Pacific wet marine scrubber systems was reached USD 3.3 billion in 2023 and is anticipated to grow at 8.5% CAGR between 2024 and 2032, driven by increasing shipbuilding activities.

The hybrid segment in the Asia Pacific wet marine scrubber systems market is anticipated to reach more than USD 4.3 billion by 2032, due to the rising demand for scrubbers which can enable ships to use a wide range of fuel types, including high sulfur fuels.

Japan wet marine scrubber systems market is anticipated to cross USD 2.3 billion by 2032, attributed to rising stringent regulations in the maritime sector coupled with the dominance of renowned companies with the strong hold on technological innovation.

Alfa Laval AB, ANDRITZ, Duconenv, DNV GL AS, Damen Shipyards Group, Elessent Clean Technologies Inc, Exxon Mobil Corporation, Fuji Electric Co., Ltd., Kawasaki Heavy Industries, Ltd, LiqTech Holding A/S, MITSUBISHI HEAVY INDUSTRIES, LTD., PANASIA CO, LTD., Solvay, Valmet Corporation and Wärtsilä Corporation