Home > Energy & Power > Emerging Energy Technologies > Environmental Control Solutions > Wet Marine Scrubber Systems Market
Based on type, the market is segmented into open loop, closed loop, hybrid and others. Hybrid segment is anticipated to cross over USD 1.5 billion by 2034. Heightened awareness of air pollution and its harmful impacts on human health has intensified efforts to enhance air quality. Wet scrubber systems play a pivotal role in helping industries curtail emissions of particulate matter, acid gases, and other detrimental pollutants, thereby bolstering air quality in neighboring communities. Furthermore, swift industrialization and urbanization in developing nations, combined with continuous advancements in wet scrubber technology, have ushered in a new era of more efficient and cost-effective systems.
Based on fuel, the wet marine scrubber systems market is segmented into MDO, MGO, Hybrid and Others. MDO segment is anticipated to grow more than CAGR 8.5% through 2034, owing to the rising implementation of global sulfur cap of 0.5% sulfur content in marine fuel. Introduction of Emission Control Areas along with ongoing updates to emissions standards will drive the business scenario.
Scrubber manufacturers have been developing more efficient systems with improved cleaning capabilities, reduced energy consumption, and better compliance with environmental standards, encouraging vessel operators to consider the installation of scrubbers. Furthermore, growing concern about the environmental impact of scrubber wash water, especially in open-loop systems that discharge untreated water back into the ocean will stimulate the market growth.
The U.S. wet marine scrubber systems market is anticipated to surpass USD 2.5 billion by 2034. Robust economic growth drives vessel upgrades and retrofitting, while stringent government regulations encourage the adoption of efficient scrubber systems. Sustainable infrastructure development and advancements in scrubber design, materials, and control systems will further boost regional business expansion.
Growing adoption of clean technologies, high fuel price disparities and the IMO 2020 compliance deadline will stimulate the product demand. In addition, larger shipping companies and fleets, especially those in the bulk carrier and container shipping sectors, have been more likely to adopt scrubber systems because of the scale of their operations and fuel consumption, contributing to the market scenario.