Market Overview:
The global shipboard incineration market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for incineration services from passenger ships, tankers, fishing boats, cargo ships and boats segments. Additionally, the stringent environmental regulations across different regions are also fuelling the demand for shipboard incinerators. Based on type, the global shipboard incineration market is segmented into horizontal and vertical types. The horizontal type segment is expected to hold a larger share of the market during the forecast period owing to its low installation cost and easy operation as compared to vertical type incinerators.
Product Definition:
Shipboard incineration is the burning of waste materials on a ship. This is important because it helps to reduce the amount of garbage that accumulates on a ship, and it also helps to reduce the amount of pollution that is caused by ships.
Horizontal:
Horizontal process is used to dispose of the waste in a safe and cost-effective manner. The process involves two processes, namely collection and storage of the waste, followed by processing or treatment which includes transportation and disposal at a suitable facility. Waste management in ships has been an issue for many years; however, with technological advancements it has become easier to manage on board shipboard.
Vertical:
Vertical is the name given to the high-level radioactive waste generated on board nuclear reactors and in spent fuel storage. The amount of vertical varies with reactor type and spent fuel storage capacity. It comprises uranium, thorium, zirconium, etc., which are used as sources for energy production in power plants.
The byproducts of electricity generation such as carbon dioxide, sulfur dioxide.
Application Insights:
Tanker was the largest application segment in 2016 and is expected to grow at a CAGR of XX% over the forecast period owing to rising demand for GHG emission-free tankers. Growing awareness regarding environment protection coupled with increasing pressure from regulatory bodies such as EPA and DNV GL is expected to drive the demand for ISBI, thereby supporting market growth.
The cargo ship application segment accounted for 13.3% share of the global revenue in 2016 due to increased use of ISCI ships by shippers across various industries such as oil & gas, chemicals, food & beverages among others that require frequent trips between different locations around the globe.
Regional Analysis:
Asia Pacific dominated the global shipboard incineration market in 2016 and is expected to continue its dominance over the forecast period. The region has a large number of vessels that burn waste on board, which accounts for a high demand for equipment and machinery. Furthermore, increasing government regulations regarding solid waste management are anticipated to drive industry growth over the next eight years.
Europe was estimated at USD X million in 2016 and is projected to grow at an exponential rate over the forecast period owing to stringent environmental regulations regarding marine pollution prevention. Moreover, growing awareness about recycling among consumers will also boost industry growth during the same period.
Growth Factors:
- Increasing demand for incineration services from the maritime industry as a result of stringent environmental regulations
- Growing awareness about the benefits of shipboard incineration over traditional methods such as land-based incineration and burial at sea
- Proliferation of large cruise ships and container vessels that require efficient and reliable waste disposal systems
- Development of more advanced and energy-efficient incinerators that can handle a wider range of waste streams
- Expansion of Shipboard Incineration market into new geographic regions, especially in Asia Pacific and Latin America
Scope Of The Report
Report Attributes
Report Details
Report Title
Shipboard Incineration Market Research Report
By Type
Horizontal, Vertical
By Application
Passenger Ship, Tanker, Fishing Boats, Cargo Ship, Boat, Other
By Companies
Detegasa, TeamTec, Inciner8, ACS, Atlas Incinerators, Alfa Laval, China Deyuan Marine Fitting Co., Ltd., Fuente International, Hansun (Shanghai) Marine Technology, ECOservice-NEFTEGAZ, Evac, Kangrim Heavy Industries, Mavi Deniz
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
243
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Shipboard Incineration Market Report Segments:
The global Shipboard Incineration market is segmented on the basis of:
Types
Horizontal, Vertical
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Passenger Ship, Tanker, Fishing Boats, Cargo Ship, Boat, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Detegasa
- TeamTec
- Inciner8
- ACS
- Atlas Incinerators
- Alfa Laval
- China Deyuan Marine Fitting Co., Ltd.
- Fuente International
- Hansun (Shanghai) Marine Technology
- ECOservice-NEFTEGAZ
- Evac
- Kangrim Heavy Industries
- Mavi Deniz
Highlights of The Shipboard Incineration Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Horizontal
- Vertical
- By Application:
- Passenger Ship
- Tanker
- Fishing Boats
- Cargo Ship
- Boat
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Shipboard Incineration Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Shipboard incineration is a process of burning waste on board ships. Shipboard incineration is used to dispose of waste that cannot be landfilled or recycled. Shipboard incineration produces heat, steam, and ash which are then released into the atmosphere.
Some of the key players operating in the shipboard incineration market are Detegasa, TeamTec, Inciner8, ACS, Atlas Incinerators, Alfa Laval, China Deyuan Marine Fitting Co., Ltd., Fuente International, Hansun (Shanghai) Marine Technology, ECOservice-NEFTEGAZ, Evac, Kangrim Heavy Industries, Mavi Deniz.
The shipboard incineration market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Shipboard Incineration Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Shipboard Incineration Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Shipboard Incineration Market - Supply Chain
4.5. Global Shipboard Incineration Market Forecast
4.5.1. Shipboard Incineration Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Shipboard Incineration Market Size (000 Units) and Y-o-Y Growth
4.5.3. Shipboard Incineration Market Absolute $ Opportunity
5. Global Shipboard Incineration Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Shipboard Incineration Market Size and Volume Forecast by Type
5.3.1. Horizontal
5.3.2. Vertical
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Shipboard Incineration Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Shipboard Incineration Market Size and Volume Forecast by Application
6.3.1. Passenger Ship
6.3.2. Tanker
6.3.3. Fishing Boats
6.3.4. Cargo Ship
6.3.5. Boat
6.3.6. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Shipboard Incineration Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Shipboard Incineration Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Shipboard Incineration Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Shipboard Incineration Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Shipboard Incineration Demand Share Forecast, 2019-2026
9. North America Shipboard Incineration Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Shipboard Incineration Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Shipboard Incineration Market Size and Volume Forecast by Application
9.4.1. Passenger Ship
9.4.2. Tanker
9.4.3. Fishing Boats
9.4.4. Cargo Ship
9.4.5. Boat
9.4.6. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Shipboard Incineration Market Size and Volume Forecast by Type
9.7.1. Horizontal
9.7.2. Vertical
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Shipboard Incineration Demand Share Forecast, 2019-2026
10. Latin America Shipboard Incineration Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Shipboard Incineration Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Shipboard Incineration Market Size and Volume Forecast by Application
10.4.1. Passenger Ship
10.4.2. Tanker
10.4.3. Fishing Boats
10.4.4. Cargo Ship
10.4.5. Boat
10.4.6. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Shipboard Incineration Market Size and Volume Forecast by Type
10.7.1. Horizontal
10.7.2. Vertical
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Shipboard Incineration Demand Share Forecast, 2019-2026
11. Europe Shipboard Incineration Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Shipboard Incineration Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Shipboard Incineration Market Size and Volume Forecast by Application
11.4.1. Passenger Ship
11.4.2. Tanker
11.4.3. Fishing Boats
11.4.4. Cargo Ship
11.4.5. Boat
11.4.6. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Shipboard Incineration Market Size and Volume Forecast by Type
11.7.1. Horizontal
11.7.2. Vertical
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-YGrowth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Shipboard Incineration Demand Share, 2019-2026
12. Asia Pacific Shipboard Incineration Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Shipboard Incineration Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Shipboard Incineration Market Size and Volume Forecast by Application
12.4.1. Passenger Ship
12.4.2. Tanker
12.4.3. Fishing Boats
12.4.4. Cargo Ship
12.4.5. Boat
12.4.6. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Shipboard Incineration Market Size and Volume Forecast by Type
12.7.1. Horizontal
12.7.2. Vertical
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Shipboard Incineration Demand Share, 2019-2026
13. Middle East & Africa Shipboard Incineration Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Shipboard Incineration Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Shipboard Incineration Market Size and Volume Forecast by Application
13.4.1. Passenger Ship
13.4.2. Tanker
13.4.3. Fishing Boats
13.4.4. Cargo Ship
13.4.5. Boat
13.4.6. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Shipboard Incineration Market Size and Volume Forecast by Type
13.7.1. Horizontal
13.7.2. Vertical
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Shipboard Incineration Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Shipboard Incineration Market: Market Share Analysis
14.2. Shipboard Incineration Distributors and Customers
14.3. Shipboard Incineration Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Detegasa
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. TeamTec
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Inciner8
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. ACS
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Atlas Incinerators
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Alfa Laval
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. China Deyuan Marine Fitting Co., Ltd.
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Fuente International
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Hansun (Shanghai) Marine Technology
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. ECOservice-NEFTEGAZ
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Evac
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Kangrim Heavy Industries
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Mavi Deniz
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook