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Commercial Wet Marine Scrubber Systems Market Size

  • Report ID: GMI12004
  • Published Date: Oct 2024
  • Report Format: PDF

Commercial Wet Marine Scrubber Systems Market Size

The global commercial wet marine scrubber systems market was valued at USD 1.92 billion in 2023 and is estimated to grow at a CAGR of 9.1% from 2024 to 2032. These are exhaust gas cleaning systems installed on commercial vessels to reduce harmful emissions, particularly sulfur oxides (SOx) and particulate matter. These systems use water to scrub or wash out pollutants from the exhaust gases generated by marine engines.

 

Growing implementation of stricter regulations by global and regional bodies, including the IMO 2020 regulation, which mandates a significant reduction in marine fuel sulfur content from 3.5% to 0.5%, will boost the product adoption. Further, increasing regulatory pressure on ship operators to use low sulfur fuel or implement scrubbers to clean exhaust gases will complement the business scenario.
 

Ongoing advancements in scrubber technology to make the system more efficient, compact, and reliable will foster product penetration. Rising modern scrubber adoption with improved automation and control features, allowing better monitoring and management of exhaust gas cleaning will create opportunities for the industry growth. Growing global trade and shipping driven by increased demand for goods will boost the adoption of emission-reduction technologies.

Authors: Ankit Gupta, Pooja Shukla

Frequently Asked Questions (FAQ) :

The global market for commercial wet marine scrubber systems was reached USD 1.92 billion in 2023 and is estimated to grow at a 9.1% CAGR from 2024 to 2032, driven by the expansion of global trade and shipping.

The MDO segment is projected to exceed USD 1.3 billion by 2032, due to its cost-effective solution offering lower sulfur content, reducing the need for high-capacity scrubbers.

The closed-loop segment is set to grow at a CAGR of over 11% through 2032, propelled by the demand for solutions that comply with IMO standards and local discharge regulations.

The Asia Pacific market for commercial wet marine scrubber systems is predicted to hit USD 2 billion by 2032, led by stringent regulations on sulfur and particulate matter emissions from marine vessels in countries like China, Japan, and South Korea.

Key players in the industry include Alfa Laval, ANDRITZ, Clean Marine, DuPont Clean Technologies, Drizgas Tech, Environmental XPRT, Langh Tech, Tri-Mer, Valmet, and Wartsila.

Commercial Wet Marine Scrubber Systems Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 10
  • Tables & Figures: 20
  • Countries covered: 13
  • Pages: 65
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