30 September 2019
This latest report by business intelligence provider Visiongain assesses that Marine Scrubber Market spending will reach $1.1 billion in 2020. The global industry for marine scrubber devices is laid to experience development due to increased emissions of sulfur from vessels combined with growing worry for marine pollution. Ships are needed to restrict sulfur emissions within and outside SOx Emission Control Areas (SECAs) in accordance with the International Maritime Organization (IMO) standards. The International Convention on the Prevention of Pollution from Ships (MARPOL) launched laws to avoid petrol and other toxic materials from pollution in the marine environment. Stringency in these regulations will drive the demand for technology called Exhaust Gas Cleaning (EGC) popularly known as scrubbers. The systems are effective SOx abatement technologies that removes SO2 by 90% and particulate matters by 70%.
Wet Marine Scrubber Systems to Find Extensive Usage across the Globe
Marine Scrubber Systems are classified on the basis of technology into moist Marine Scrubber Systems and salt Marine Scrubber Systems. The segment of the wet Marine Scrubber Systems is further subdivided into Marine Scrubber Systems open loop, Marine Scrubber Systems closed loop and Marine Scrubber Systems hybrid. During the entire forecast period, the wet technology segment is expected to dominate the Marine Scrubber Systems market in terms of both value and volume. Wet Marine Scrubber Systems are highly efficient and the open loop version uses natural seawater for treating exhaust and removing SOx during the maritime journey. These usage characteristics make them preferable for use, primarily for large ocean going vessels operating away from coastal areas.
Growing Demand for Retrofit Application as Ship Owners Race Against Time for Complying with Impending Regulations
The Marine Scrubber Systems Market was divided into New-build and Retrofit by application. New-build request relates to the assembly on vessels under development of Marine Scrubber Systems. Retrofit implementation relates to Marine Scrubber Systems being mounted on current vessels that do not have such an exhaust gas washing scheme fitted. With the imminent IMO sulfur cap of 0.5% scheduled for entry into force from 1 January 2020, the existing fleet of marine vessels will either switch to low-sulfur fuels after the deadline or install Marine Scrubber Systems to clean up the SOx exhaust system and particulate matter resulting from use of high sulfur fuel oil.
A substantial proportion of shipowners therefore embrace the possibility of retrofitting their ships with Marine Scrubber Systems in order to remain consistent with global legislation after the 2020 date, while still using elevated sulfur fuel oil. However, during the forecast period, the new-build application segment is projected to witness comparatively rapid growth as increasing numbers of fleet owners with new shipbuilding on order opt to install Marine Scrubber Systems on their vessels, which costs comparatively lower than retrofits that may later be required.
Marine Scrubber Systems Demand from Large Ocean Going Vessels to Witness Above Average Growth
Among all the types of vessels analyzed in this global Marine Scrubber Systems market study, the segment of commercial vessels is expected to record approximately 6.2X value growth. The biggest stake in the Marine Scrubber Systems industry is represented by business vessels, bulk carriers, tankers and container ships. Bulk carriers are expected to care for 31.6 times of the complete complete dollar chance on the Marine Scrubber Systems industry during the forecast period in times of incremental chance.
Western Europe and Asia Pacific to Lead Growth in the Marine Scrubber Systems Market
The Asia Pacific region excluding Japan (APEJ) is expected to grow and become 8X compared to its size in 2020, followed during the forecast period by Western Europe and North America in terms of value growth. China, South Korea, and ASEAN countries are projected to lead growth in the Asia Pacific region with increasing demand from large merchants and commercial fleet owners in the region for Marine Scrubber Systems. In Western Europe, it is projected that the presence of some of the world's largest shipping line owners in Greece, the Nordic countries and other parts of the region will create significant demand for Marine Scrubber Systems. Collectively, Western Europe and APEJ regions are projected to create absolute dollar opportunity of more than US$ 6.4 Billion in the Marine Scrubber Systems market during the forecast period.
The market for wet marine scrubber systems is expected to grow by more than 41% by 2030
The market for wet marine scrubber systems is expected to grow by more than 41% by 2030. Long-term flexibility in operation coupled with lower payback period will encourage product penetration. Hybrid scrubber systems provide more flexibility and adjustability for open and closed loop cycles. These systems also operate in varying water alkalinity, further boosting product adoption. The industry for dry marine scrubber devices will develop due to cost-effectiveness and small energy consumption. The machine requires no liquid for scrubbing, but instead utilizes a fresh chemical to remove the SOx compounds.
Open loop system-the preferred choice
As the most practical and economical solution, the number one spot is secured by the open loop scrubber system when it comes to types of systems that have been most popular among owners. Classification society data shows that 72 percent of the total systems installed are open loop systems, most of which are closed loop ready, which means that at a later stage they can be converted into a closed system. Hybrid scrubbers make up 22% of the total, while closed scrubbers make up only 2% of the total.
Compared to the open loop alternative, the uptake of closed loop devices was restricted by higher difficulty in installing and maintaining the scheme. The prospective of open loop schemes, however, is unsure, particularly given that some port authorities and mediterranean countries have established or are preparing to impose constraints on the release of wash water. In particular, Connecticut, Belgium and certain ports in Germany have banned the discharge of washwater and Sweden, Norwegian Heritage Fjords and some other regions are also considering the ban. In addition, the use of elevated sulfur gas has been prohibited by California and Antarctica.
Leading Regional & National Analysis
The U.S. industry for marine scrubber technologies will develop as a result of increasing interest to limit general sulfur emission levels along with comprehensive R&D operations to produce viable technologies. In 2018, the nation strategized at the MEPC meeting to restrict transport sector water pollution and decrease sea emissions by 50% by 2050. Furthermore, seawaters along Canadian and U.S. shorelines have been designated as the North American ECAs to curb the steep rise in SO2 emissions.
EUROPEAN UNION In addition to global and local controls under the IMO MARPOL Annex VI Regulations, there are additional regional requirements for the use of low-sulfur fuel. The EU Sulfur Directive 1999/32/EC, as modified by Directives 2005/33/EC and 2009/30/EC, required all vessels to use petrol with a peak smoke level of 0.10% m / m at port (including at dock) at EU waterways. This requirement entered into force on January 1, 2010.
UNITED STATES Under Title 40 of the Code of Federal Regulations (CFR) Part 1043, NOx, SOx and PM Emissions from Marine Engines, the United States embraced MARPOL Annex VI, which is applicable to all U.S. flagged vessels wherever they operate plus foreign flagged vessels while operating in U.S. navigable waters and the U.S. Exclusive Economic Zone (EEZ).
The market for marine scrubber systems in Asia Pacific is set to witness strong growth due to rising seaborne trade. The company landscape will be driven by increased understanding of SOx and its effect on hygiene combined with rigorous standards to reduce pollution. In 2015, the Chinese Transport Ministry published an execution scheme to restrict ship-generated air pollution rates by setting up fresh ECAs in China, including the Yangtze River Delta, the Pearl River Delta, and Bohai Bay. Asia Pacific accounts for more than 60 percent of China, Japan and South Korea's global shipbuilding.
Feen Marine Scrubbers Inc.
CR Ocean Engineering, LLC
Alfa Laval AB
Wärtsilä Oyj Abp
Yara Marine Technologies As
VDL AEC Maritime
- I. du Pont de Nemours and Company
Mitsubishi Heavy Industries, Ltd.
Hyundai Heavy Industries
Shanghai Bluesoul Environmental Technology Co.,Ltd.
In order to conform with the laws and requirements of the corresponding authorities or globally recognized standards, industry participants are focused on product development, innovation, cooperation and study & growth. In 2017, the patent for exhaust gas washing scrubber technology was grated to Yara Marine along with the growth of its inlet and mini scrubbers suitable for different engine dimensions.
The comprehensive report offers market estimation and forecast for the period ranging 2020-2030 for leading national markets and rest of the world. Moreover, the report contains dedicated leading companies covering 10 leading producers in the field of Marine Scrubber.
The Marine Scrubber Market Report 2020-2030 report will be of value to anyone who wants to better understand the Marine Scrubber market and its various segments. It will be useful for businesses who wish to better comprehend the part of the market they are already involved in, or those wishing to enter or expand into a different regional or technical part of the Marine Scrubber industry.
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Marine Scrubber Systems are classified on the basis of technology into moist Marine Scrubber Systems and salt Marine Scrubber Systems. The segment of the wet Marine Scrubber Systems is further subdivided into Marine Scrubber Systems open loop, Marine Scrubber Systems closed loop and Marine Scrubber Systems hybrid.