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Offshore Marine Scrubber Systems Market Trends

Report ID: GMI8879
Published Date: Apr 2024
Report Format: PDF

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Offshore Marine Scrubber Systems Market Trends

Technological advancements to enhance scrubber efficiency, reliability, and environmental performance through the integration of advanced materials, automation, and monitoring systems will augment the business landscape. Growing emphasis on sustainability and corporate social responsibility (CSR) will have a positive influence on purchasing decisions across the maritime industry. Further, expansion of offshore wind energy projects and oil and gas exploration activities will create opportunities for business growth.

Authors: Ankit Gupta, Pooja Shukla

Frequently Asked Questions (FAQ) :

The market size of offshore marine scrubber systems recorded USD 1.4 billion in 2023 and is set to witness 9.8% CAGR from 2024 to 2032, due to the rising awareness about the adverse health effects of air pollution and strict regulations imposed by international bodies to reduce harmful emissions from marine vessels.

The wet technology segment will account for over USD 2.9 billion by 2032, owing to their high effectiveness in removing sulfur oxides (SOx), nitrogen oxides (NOx), and particulate matter from exhaust gases.

Asia Pacific market size is projected to be worth more than USD 1.7 billion by 2032, accrued to the thriving maritime industry, increasing seaborne transportation, and growing offshore energy exploration and production activities.

ABB, ANDRITZ, ALEC Energy, Damen Shipyards Group, Eaton, Fuji Electric Co., Ltd., General Electric, Hitachi Energy Ltd., Keppel Offshore & Marine Ltd, KwangSung, MITSUBISHI HEAVY INDUSTRIES, LTD., Schneider Electric, SAACKE GmbH, VDL AEC Maritime B.V., Wartsila are some of the major offshore marine scrubber systems companies worldwide.