Wet Marine Scrubber Systems Market Size - By Type (Open Loop, Closed Loop, Hybrid), By Fuel (MDO, MGO, Hybrid), By Application (Commercial, Offshore, Recreational, Navy) & Forecast, 2023 – 2032

Wet Marine Scrubber Systems Market Size

Wet Marine Scrubber Systems Market size surpassed USD 4.5 billion in 2022 and is expected to register 10% CAGR from 2023 to 2032. Rising pollution across the various sectors including sea along with developments of certain emission control zones will augment the industry growth. The global market for marine scrubber systems is anticipated to exceed USD 14 billion during the forecast period.
 

COVID- 19 Impact

The COVID- 19 pandemic affected major world economies in North America, Europe, and Asia Pacific, affecting a variety of manufacturing facilities. Due to stringent restrictions across many economies, in addition to limited commercial and public sector support, the crisis obstructed the supply chain. The outbreak, on the contrary, has turned industry participants' concern towards renewable resources, boosting the adoption of clean power generation and enhancing market statistics.
 

Wet Marine Scrubber Systems Industry Trends

Wet scrubber systems are air pollution control devices designed to remove pollutants from industrial exhaust gases or flue gases. They are commonly used in industries such as power generation, chemical processing, metal refining, and waste incineration. Surging in the demand for consumer products coupled with rising industrialization in the emerging economies will foster the wet marine scrubber systems market growth.
 

Wet Marine Scrubber Systems Market Analysis

Hybrid wet marine scrubber systems market will cross a valuation of USD 8.3 billion by 2032. The increasing awareness of air pollution and its detrimental effects on human health has resulted in a greater emphasis on improving air quality. Wet scrubber systems help industries reduce emissions of particulate matter, acid gases, and other harmful pollutants, contributing to improved air quality in surrounding communities. Moreover, rapid industrialization and urbanization in developing countries coupled with ongoing research and development in wet scrubber technology have led to the introduction of more efficient and cost-effective systems.
 

The wet marine scrubber systems market from commercial application segment will cross a valuation of USD 4.2 billion by 2032. Increasing focus of various industries to reduce their environmental impact and ensure compliance with emission control regulations will stimulate the market scenario. Furthermore, rising research and development activities to develop advanced & modernized solutions coupled with significant efforts across the major players to introduce products delivering enhanced output at reduced operational costs will boost the industry outlook.
 

Asia Pacific wet marine scrubber systems market is poised to attain 9% CAGR between 2023 and 2032. Rising vessel upgrades and retrofitting to maintain vigorous economic growth, and the implementation of significant regulations by the government, contribute to the deployment of efficient scrubber systems. For instance, under the International Maritime Organization (IMO) MARPOL Convention on air pollution prevention, ships must trade outside sulphur emission control regions and use fuels with a maximum sulphur concentration of 0.50% m/m by 2020. Therefore, the sustainable infrastructure development along with advancements in scrubber design, materials, and control systems will further propel the regional business expansion.
 

Wet Marine Scrubber Systems Market Share

Manufacturers operating in the wet marine scrubber systems market are focusing on augmenting their market presence through partnerships, strategic mergers, acquisitions, and collaborations. Eminent players operating across the industry include :

• HYUNDAI HEAVY INDUSTRIES CO., LTD.
• ME Production
• ALFA LAVAL
• Valmet
• Duconenv
• CR Ocean Engineering
• HAMON
• Langh Tech Oy Ab
• DuPont
• Mitsubishi Heavy Industries, Ltd.
• Elessent Clean Technologies Inc.,
• Ecospray Technologies S.r.l.
• Damen Shipyards Group
• VDL AEC Maritime B.V.
• Clean Marine
• Shanghai Bluesoul Environmental Technology Co., Ltd.
• (Bluesoul)
• SAACKE GmbH
• Wärtsilä
• Fuji Electric Co., Ltd.
• PANASIA CO, LTD.
   

Wet Marine Scrubber Systems Industry News

• In May 2022, Valmet launched the new wet electrostatic precipitator to strengthen emission management for the marine industry. The technology is further development of wet hybrid scrubber system introduced in 2021 and it surpasses the standards established by the International Maritime Organization (IMO) enabling the removal of hazardous particulate matter from the exhaust gas flow. This launch helped the company to maintain its solid position in the market and move marine solutions toward more environmentally friendly ship transit.
   
• In March 2022, VDL AEC Maritime B.V. received order for 2 Sox scrubber systems by Seatrade Groningen BV in Netherlands. It was the first order to be delivered in their native country. The product deployment allowed the company to showcase its portfolio across the industry.
   

This wet marine scrubber systems market research report includes in-depth coverage of the industry with estimates & forecast in terms of ‘Units & USD Million’ from 2023 to 2032 for the following segments:

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Market, By Type

• Open Loop
• Closed Loop
• Hybrid
• Others

Market, By Fuel

• MDO
• MGO
• Hybrid
• Others

Market, By Application

• Commercial
• Offshore
• Recreational
• Navy
• Others

The above information has been provided for the following regions and countries:

• North America
  • U.S
  • Canada 
• Europe
  • Greece
  • Norway
  • Germany
  • UK
  • France
  • Netherlands
  • Italy
  • Croatia
  • Poland
  • Russia
  • Romania
  • Denmark
• Asia Pacific
  • China
  • South Korea
  • Japan
  • Philippines
  • Vietnam
  • Taiwan
  • India
  • Indonesia
  • Malaysia
  • Singapore
  • Australia
• Rest of World