Market Overview:
The global open loop scrubbers market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for fuel-efficient and low-emission vessels across the globe. In addition, stringent environmental regulations are also driving the demand for open loop scrubbers in various applications such as cruise ships, ferries, cargo ships, and others. Based on type, the global open loop scrubbers market is segmented into below 10MW, from 10 to 15 MW, and above 15MW segments. The below 10MW segment is projected to account for a major share of the global market during the forecast period owing to its low installation cost as compared to other types of scrubbers. However, with technological advancements and growing awareness about environment protection among consumers; higher capacity open loop scrubbers are expected witness significant growth during the forecast period. Based on application, maritime transport accounts for a majority share of global open loop scrubber installations followed by stationary power plants.
Product Definition:
Open loop scrubbers are devices used to remove pollutants from the air. They work by drawing in polluted air, then passing it through a series of filters that remove the pollutants. The cleaned air is then released back into the environment.
Below 10MW:
Below 10 MW is the power range which is generally used for open-loop scrubbers. The growth factor in this market largely depends on the type of technology used. For instance, if it’s a gas turbine based system then below 10 MW would be a more appropriate term as compared to other technologies that are based on steam or vapor turbines.
From 10 to 15 MW:
From 10 to 15 MW is the range of power consumption for gas-based scrubbers. It is used in open loop scrubbers which have no moving parts and hence it can be used at high temperatures. The heat rejection capability of these systems makes them most suitable for industrial applications including chemical processing, oil & gas, pharmaceuticals and food & beverages industries.
The global market size was valued at USD 1,867 million in 2015.
Application Insights:
The others segment includes water treatment plants, power generation facilities and other industrial applications. The product demand in the others segment is expected to grow at a significant rate over the forecast period owing to stringent regulations regarding wastewater discharge from various industries.
The cruise ships application segment accounted for a major market share in 2017 and is projected to expand at a CAGR of XX% over the forecast period due to rising demand from luxury liners operating on global and regional cruise routes. Cruise ships are subject to stringent environmental regulations regarding air pollution control as they contribute significantly towards air pollution levels on land surrounding them during port calls. As such, scrubbers are installed below decks level of these vessels thereby reducing emissions while generating less noise & vibration than conventional systems do thus enhancing passenger experience without compromising with operational efficiency or vessel safety requirements required by regulatory bodies across different regions globally (North America Coast Guard 2012; EPA 2010).
Regional Analysis:
Asia Pacific dominated the global open loop scrubbers market in 2016 and is expected to continue its dominance over the forecast period. The region is anticipated to grow at a CAGR of XX% from 2017 to 2030 owing to increasing investments in port development by China, India, Singapore, South Korea and Japan. In addition, rising awareness regarding environment protection coupled with growing regulations for emission control standards are likely drive regional demand over the forecast period.
Europe accounted for a significant share of revenue in 2016 due to stringent environmental regulations implemented by various countries such as Germany and U.K.
Growth Factors:
- Increasing demand for air quality control systems in various industries
- Stringent environmental regulations by the government to curb air pollution
- Growing awareness about the benefits of using open loop scrubbers among industrialists and consumers alike
- Technological advancements in the field of air pollution control systems that make open loop scrubbers more efficient and economical
- Rising investments by governments and private players in research and development for better air quality
Scope Of The Report
Report Attributes
Report Details
Report Title
Open Loop Scrubbers Market Research Report
By Type
Below 10MW, From 10 to 15 MW, Above 15MW
By Application
Cruise Ships, Ferry, Cargo, Others
By Companies
EcoSpray, Wartsila, Alfa Laval, Yara Marine Technologies, CR Ocean Engineering, AEC Maritime, Langh Tech, Valmet, Fuji Electric, PureteQ, Pera Marine P.C., Shanghai Bluesoul, Clean Marine
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 Open Loop Scrubbers Market Report Segments:
The global Open Loop Scrubbers market is segmented on the basis of:
Types
Below 10MW, From 10 to 15 MW, Above 15MW
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
Cruise Ships, Ferry, Cargo, Others
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:
- EcoSpray
- Wartsila
- Alfa Laval
- Yara Marine Technologies
- CR Ocean Engineering
- AEC Maritime
- Langh Tech
- Valmet
- Fuji Electric
- PureteQ
- Pera Marine P.C.
- Shanghai Bluesoul
- Clean Marine
Highlights of The Open Loop Scrubbers 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:
- Below 10MW
- From 10 to 15 MW
- Above 15MW
- By Application:
- Cruise Ships
- Ferry
- Cargo
- Others
- 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 Open Loop Scrubbers 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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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?
Open loop scrubbers are a type of pollution control device used to remove pollutants from the air. Open loop scrubbers use a rotating disk to create turbulence that breaks down the pollutant particles.
Some of the major companies in the open loop scrubbers market are EcoSpray, Wartsila, Alfa Laval, Yara Marine Technologies, CR Ocean Engineering, AEC Maritime, Langh Tech, Valmet, Fuji Electric, PureteQ, Pera Marine P.C., Shanghai Bluesoul, Clean Marine.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Open Loop Scrubbers 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 Open Loop Scrubbers Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Open Loop Scrubbers 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 Open Loop Scrubbers 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 Open Loop Scrubbers Market Size & Forecast, 2020-2028
4.5.1 Open Loop Scrubbers Market Size and Y-o-Y Growth
4.5.2 Open Loop Scrubbers 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 Below 10MW
5.2.2 From 10 to 15 MW
5.2.3 Above 15MW
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 Cruise Ships
6.2.2 Ferry
6.2.3 Cargo
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Open Loop Scrubbers 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 Open Loop Scrubbers 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 Below 10MW
9.6.2 From 10 to 15 MW
9.6.3 Above 15MW
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 Cruise Ships
9.10.2 Ferry
9.10.3 Cargo
9.10.4 Others
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 Below 10MW
10.6.2 From 10 to 15 MW
10.6.3 Above 15MW
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 Cruise Ships
10.10.2 Ferry
10.10.3 Cargo
10.10.4 Others
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 Below 10MW
11.6.2 From 10 to 15 MW
11.6.3 Above 15MW
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 Cruise Ships
11.10.2 Ferry
11.10.3 Cargo
11.10.4 Others
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 Below 10MW
12.6.2 From 10 to 15 MW
12.6.3 Above 15MW
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 Cruise Ships
12.10.2 Ferry
12.10.3 Cargo
12.10.4 Others
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 Below 10MW
13.6.2 From 10 to 15 MW
13.6.3 Above 15MW
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 Cruise Ships
13.10.2 Ferry
13.10.3 Cargo
13.10.4 Others
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 Open Loop Scrubbers Market: Competitive Dashboard
14.2 Global Open Loop Scrubbers Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 EcoSpray
14.3.2 Wartsila
14.3.3 Alfa Laval
14.3.4 Yara Marine Technologies
14.3.5 CR Ocean Engineering
14.3.6 AEC Maritime
14.3.7 Langh Tech
14.3.8 Valmet
14.3.9 Fuji Electric
14.3.10 PureteQ
14.3.11 Pera Marine P.C.
14.3.12 Shanghai Bluesoul
14.3.13 Clean Marine
