Market Overview:
The Global Marine Exhaust Gas Scrubber Market is expected to grow at a CAGR of XX% and reach a market size of US$XX million by 2030. The market is segmented by type, application and region. On the basis of type, the market is segmented into open loop scrubbers, closed loop scrubbers and hybrid scrubbers. Closed loop scrubbers are expected to dominate the global marine exhaust gas scrubber market during the forecast period owing to their high efficiency in removing pollutants from exhaust gases. On the basis of application, commercial ships are expected to account for majority share in terms of revenue during the forecast period followed by industrial ships. North America dominates the global marine exhaust gas scrubber market followed by Europe and Asia Pacific respectively due to stringent environmental regulations being implemented in these regions.
Product Definition:
Marine exhaust gas scrubbers are devices used to clean the exhaust gases from diesel engines and other combustion engines before release into the atmosphere. They work by trapping pollutants in a liquid or solid media, which is then cleaned or disposed of. Marine exhaust gas scrubbers are important for controlling emissions from ships, which can cause air pollution and health problems in nearby communities.
Open Loop Scrubbers:
An open-loop scrubber is a device used to remove particulate matter from exhaust gases. It consists of an array of rotating or oscillating blades that remove the gas particles by centrifugal force. The scrubbing action takes place in an open loop, i.e.
Closed Loop Scrubbers:
Closed-loop scrubbers are a type of gas treating equipment used to remove harmful pollutants from exhaust gases. The basic function of these systems is to trap and hold the soot and other particulate matter in a closed system, where it can then be removed, processed or recycled.
These systems have been gaining popularity over the past few years owing to their ability to remove more toxic compounds than open-loop systems with fewer filter replacements.
Application Insights:
The industrial ship application segment led the market and accounted for more than 54.0% share of the global revenue in 2017. The growth is attributed to an increase in demand for scrubbers on account of its ability to reduce nitrogen oxides (NOx) and carbon monoxide (CO) emissions, which leads to a significant reduction in harmful exhaust gases.
Commercial ships are expected to be at a higher risk of pollution as they travel across different waters with different air temperatures, salinities and oxygen levels which require customized solutions that can withstand such environmental challenges without affecting the performance or efficiency of scrubbers installed on-board. Marine exhaust gasscrubber systems are thus designed specifically for commercial ships so as not hamper their operations while complying with maritime law regulations regarding discharge of waste into water bodies through an onboard sewage system.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region has been witnessing increasing ship traffic owing to growing trade activities, which has led to an increase in industrial operations and commercial shipping. This upsurge has resulted in increased emission of exhaust gases, thus driving the demand for marine exhaust gas scrubbers across this region.
The North American market is anticipated to witness significant growth over the forecast period owing to stringent regulations by regulatory bodies such as U.S Coast Guard (USCG), Environmental Protection Agency (EPA) and others pertaining maritime emissions coupled with rising awareness among ship owners regarding maintenance of environmental quality standards on board vessels operating within their jurisdiction.
Growth Factors:
- Increasing demand for marine exhaust gas scrubbers from the shipping industry to meet environmental regulations
- Growing popularity of LNG as a fuel source for ships, which is leading to an increase in the number of scrubber installations
- The increasing use of exhaust gas scrubbers in cruise ships and ferries
- The growing demand for retrofit scrubber systems as a result of stricter emissions regulations
- The development of more efficient and environmentally friendly scrubber technologies
Scope Of The Report
Report Attributes
Report Details
Report Title
Marine Exhaust Gas Scrubber Market Research Report
By Type
Open Loop Scrubbers, Closed Loop Scrubbers, Hybrid Scrubbers
By Application
Commercial Ship, Industrial Ship
By Companies
Wärtsilä, Alfa Laval, DowDuPont, Yara, Saacke, Puyier
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
143
Number of Tables & Figures
101
Customization Available
Yes, the report can be customized as per your need.
Global Marine Exhaust Gas Scrubber Market Report Segments:
The global Marine Exhaust Gas Scrubber market is segmented on the basis of:
Types
Open Loop Scrubbers, Closed Loop Scrubbers, Hybrid Scrubbers
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
Commercial Ship, Industrial Ship
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:
- Wärtsilä
- Alfa Laval
- DowDuPont
- Yara
- Saacke
- Puyier
Highlights of The Marine Exhaust Gas Scrubber 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:
- Open Loop Scrubbers
- Closed Loop Scrubbers
- Hybrid Scrubbers
- By Application:
- Commercial Ship
- Industrial Ship
- 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 Marine Exhaust Gas Scrubber 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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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?
A marine exhaust gas scrubber (MEGS) is a device used to remove harmful pollutants from the exhaust gases of ships. MEGS are typically located at the ship's bow, where they can capture and break down pollutants such as nitrogen oxides, sulfur dioxide, and particulate matter.
Some of the key players operating in the marine exhaust gas scrubber market are W¤rtsil¤, Alfa Laval, DowDuPont, Yara, Saacke, Puyier.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Marine Exhaust Gas Scrubber Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Marine Exhaust Gas Scrubber Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Marine Exhaust Gas Scrubber Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Marine Exhaust Gas Scrubber Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Marine Exhaust Gas Scrubber Market Size & Forecast, 2020-2028 4.5.1 Marine Exhaust Gas Scrubber Market Size and Y-o-Y Growth 4.5.2 Marine Exhaust Gas Scrubber Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Open Loop Scrubbers
5.2.2 Closed Loop Scrubbers
5.2.3 Hybrid Scrubbers
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Commercial Ship
6.2.2 Industrial Ship
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Marine Exhaust Gas Scrubber Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Marine Exhaust Gas Scrubber Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Open Loop Scrubbers
9.6.2 Closed Loop Scrubbers
9.6.3 Hybrid Scrubbers
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Commercial Ship
9.10.2 Industrial Ship
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Open Loop Scrubbers
10.6.2 Closed Loop Scrubbers
10.6.3 Hybrid Scrubbers
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Commercial Ship
10.10.2 Industrial Ship
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Open Loop Scrubbers
11.6.2 Closed Loop Scrubbers
11.6.3 Hybrid Scrubbers
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Commercial Ship
11.10.2 Industrial Ship
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Open Loop Scrubbers
12.6.2 Closed Loop Scrubbers
12.6.3 Hybrid Scrubbers
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Commercial Ship
12.10.2 Industrial Ship
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Open Loop Scrubbers
13.6.2 Closed Loop Scrubbers
13.6.3 Hybrid Scrubbers
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Commercial Ship
13.10.2 Industrial Ship
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Marine Exhaust Gas Scrubber Market: Competitive Dashboard
14.2 Global Marine Exhaust Gas Scrubber Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Wärtsilä
14.3.2 Alfa Laval
14.3.3 DowDuPont
14.3.4 Yara
14.3.5 Saacke
14.3.6 Puyier