Home > Energy & Power > Emerging Energy Technologies > Environmental Control Solutions > Offshore Wet Marine Scrubber Systems Market

Offshore Wet Marine Scrubber Systems Market Size

  • Report ID: GMI12026
  • Published Date: Oct 2024
  • Report Format: PDF

Offshore Wet Marine Scrubber Systems Market Size

The global offshore wet marine scrubber systems market was valued at USD 1.23 billion in 2023 and is estimated to grow at a CAGR of 9.8% from 2024 to 2032. It is an exhaust gas cleaning system used in offshore and marine applications to reduce sulfur oxide (SOx) emissions from ship engines and boilers. It typically functions by spraying seawater or freshwater (treated with an alkaline additive in closed-loop systems) into the exhaust stream, which neutralizes and removes SOx and particulate matter from the gases before they are released into the atmosphere.

 

Rising demand for flexible, efficient emissions control solutions from oil and gas operations, which typically involve long periods at sea and operate in diverse regulatory environments will influence the product adoption. Furthermore, the offshore sector’s reliance on diesel engines for both propulsion and power generation further supports the adoption of scrubbers as a compliance strategy.
 

Growing pressure on offshore operators to reduce their environmental impact driven by corporate sustainability goals will augment product demand. Shifting focus toward sustainability coupled with stakeholder expectations for greener operations will encourage the companies to invest in emissions-reduction technology leading to the market growth. Ongoing technological advancements to improve system efficiency and functionality and make them more adaptable to different operational needs, expanding their appeal for offshore applications where vessels might encounter varied regulatory environments will stimulate the product adoption.

Authors: Ankit Gupta, Pooja Shukla

Frequently Asked Questions (FAQ) :

The global market size for offshore wet marine scrubber systems was valued at USD 1.23 billion in 2023 and is expected to reach USD 2.9 billion by 2032, driven by a CAGR of 9.8% from 2024 to 2032.

Hybrid systems are projected to grow by more than USD 1.6 billion by 2032, due to their ability to switch between open-loop and closed-loop modes, which is beneficial for vessels operating in multiple regulatory zones.

Asia Pacific market is anticipated to grow by more than USD 1.4 billion by 2032, driven by the implementation of stricter emission regulations and the presence of a large market for offshore oil and gas exploration and production.

Major players in the industry include ANDRITZ, Durr Systems, DuPont Clean Technologies, Duconenv, Ecospray Technologies, Fuji Electric, Hyundai Heavy Industries, Valmet, and Wartsila.

Offshore Wet Marine Scrubber Systems Market Scope

Buy Now


Premium Report Details

  • Base Year: 2023
  • Companies covered: 11
  • Tables & Figures: 20
  • Countries covered: 13
  • Pages: 65
 Download Free Sample