Marine Scrubber System Market size is expected to reach USD 18 Billion by the end of 2036, growing at a CAGR of 10% during the forecast period, i.e., 2024-2036. In the year 2023, the industry size of marine scrubber system was over USD 6 Billion.
The marine scrubber systems market statistics will be enhanced by the growth of sophisticated maritime systems that adhere to more stringent rules and regulations. The government is concentrating on lowering ship emissions as a result of a notable increase in maritime transportation. For instance, new legislative recommendations to cut net emissions by 55% by 2030 were agreed by the European Commission in July 2021. By extending the EU Emissions Trading System (ETS) to maritime traffic, this project is anticipated to cap emissions below the ETS level overall.
Also, marine scrubber systems offer a cost-effective solution for ship operators compared to alternative methods like switching to low-sulfur fuels. The initial investment in scrubber technology can be offset by the long-term savings on fuel costs, making it an attractive option for the shipping industry.
Growth Drivers
Challenges
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Base Year |
2023 |
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Forecast Year |
2024-2036 |
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CAGR |
~ 10% |
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Base Year Market Size (2023) |
~ USD 6 Billion |
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Forecast Year Market Size (2036) |
~ USD 18 Billion |
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Regional Scope |
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Technology (Wet Technology, Dry Technology)
Wet technology segment in the marine scrubber system market is estimated to hold the largest revenue share, accounting for 58%, owing to the growing adoption of sustainable scrubbing technologies. The preference for environmentally friendly wet scrubbing systems is also explained by its positive attributes, which include ease of design, flexibility in operation, and adaptability to different water alkalinity levels. Wet marine scrubber systems are quite effective; the open loop type treats exhaust and removes Sox using naturally occurring seawater that is available during the maritime voyage. They are preferred for use, especially for large ocean-going vessels that operate far from coastal areas, due to these utilization features.
Fuel (Hybrid Fuel, Marine Diesel Oil (MDO), Intermediate Fuel (IFO), Residual)
Marine scrubber system market from the hybrid fuel segment is poised to garner the majority of the revenue share over the forecast period. Surging advancements in energy storage technology will drive the segment’s growth. For instance, in September 2022, Freudenberg e-power systems received type-approval from the Italian classification society RINA for the world’s first fuel cell system powered by methanol. This system utilizes fuel reforming technology combined with long-life PEM (proton exchange membrane) fuel-cell units that make up a scalable, modular system. Such developments, alongside the use of technology in mitigating local emissions in populated regions and maneuvering port operations in deep vessels, may proliferate the Industry growth from the hybrid fuel segment.
Our in-depth analysis of the global market includes the following segments:
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Technology |
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Fuel |
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Type |
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Application |
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APAC Market Forecast
Asia Pacific marine scrubber system market is expected to hold the largest market share, amounting to 45% of the global market. The region is witnessing robust growth propelled by the region’s bustling maritime activities and the imperative to comply with stringent emissions regulations. For instance, Asia accounted for 42% of exports and 64% of imports in 2021, making it the top maritime freight handling hub in the globe. The major East-West routes, which connect Asia, Europe, and the United States, accounted for around 40% of all containerized traffic in 2021. 12.9% of all East-West travel was via non-mainland routes like the Mediterranean-South Asia. Governments, aligned with international standards like the IMO 2020 sulfur cap, are steering the maritime industry toward cleaner practices. The market is buoyed by the cost-effectiveness of scrubber systems in mitigating sulfur emissions, offering a strategic advantage amid fluctuating fuel prices. Asia Pacific’s vast shipping fleet and growing seaborne trade contribute to the increasing adoption of these technologies. Technological advancements and a burgeoning awareness of environmental sustainability further shape the market. The Asia Pacific market reflects a dynamic interplay of economic, regulatory, and environmental factors in the pursuit of cleaner and more compliant maritime operations.
European Market Statistics
European marine scrubber system market is anticipated to hold a significant market share over the forecast period. The market is thriving amidst a maritime landscape marked by strict emission regulations and a commitment to sustainable shipping practices. European Union directives and the IMO’s sulfur emission caps are propelling the adoption of scrubber technologies across the region. The market is driven by a collective push towards environmental responsibility, aligning with the EU’s Green Deal and climate objectives. European shipowners, cognizant of the long-term economic benefits and compliance advantages, are increasingly investing in scrubber systems. The European market exemplifies a harmonized effort to balance economic efficiency with stringent emission standards in the pursuit of a greener maritime industry.
Author Credits: Payel Roy, Dhruv Bhatia
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