Because of their increasing installation and retrofitting on marine engines exhaust systems and boilers on ships, the market for marine scrubber systems is likely to continue to rise steadily. This is due to marine scrubber systems’ distinct advantages in reducing dangerous sulphur dioxide gas content (Sox) emissions. The global marine scrubber systems market is expected to grow at a 20.4 percent compound annual growth rate (CAGR) in terms of value between 2018 and 2028, owing to a number of reasons detailed in the Fact.MR study on the industry.
According to a Fact.MR analysis on the marine scrubber systems market, wet marine scrubber systems are expected to maintain their dominance in the technology segment, accounting for a solid market share. By the end of 2028, the research projects that it will account for over 90% of the total absolute dollar opportunity in the marine scrubber systems industry. Open loop wet marine scrubber systems have been adopted by ship operators and owners, but the marine scrubber systems market for hybrid variations is expected to grow at a similar rate, according to the report.
According to an Fact.MR analysis on the marine scrubber systems market, the global marine scrubber systems market is expected to be worth approximately US$ 11 billion between 2018 and 2028, based on market value.
Segmentation
The marine scrubber systems market is segmented by technology, application, vessel type, fuel type, and geography in this analysis.
The marine scrubber systems market has been divided into three categories based on technology: open loop systems, closed loop systems, and hybrid systems.
The marine scrubber systems market has been divided into two categories based on application: new-build and retrofit.
The marine scrubber systems market has been divided into commercial vessels and offshore vessels based on vessel type.
The marine scrubber systems market has been divided into four categories based on the fuel type: marine gas oil, marine diesel oil (MDO), residual fuel oil (RFO), and intermediate fuel oil (IFO). The research includes a market attractiveness analysis for each of the selected segments.
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