In this report,global Marine Scrubber Market will reach 662.68 Million USD by the end of 2022 with a CAGR of -3.73%
The global Marine Scrubber market was valued at 801.60 Million USD in 2017 and will reach 662.68 Million USD by the end of 2022, growing at a CAGR of -3.73% during 2017-2022.
The overwhelming majority of ships around the world operate using engines and boilers powered by heavy fuel oil. The resulting combustion exhaust gases that are emitted contain soot and sulfur oxides that pollute the environment. Ship Exhaust Gas Scrubber exhaust gas cleaning reduces sulphur (SO2) and particulate emissions from ship engines, generators, and boilers. Ship Exhaust Gas Scrubber should enable ships to meet sulphur emission limits as required by IMO MARPOL Annex VI regulations without switching to low-sulphur fuel.
Marine Scrubber can be divided into three categories: Open Loop Scrubbers type, Closed Loop Scrubbers type and Hybrid Scrubbers type. Hybrid Scrubbers type accounted for the highest proportion in revenue market, with a figure of 49.81% in 2017, followed by Open Loop Scrubbers type, account for 40.14% and Closed Loop Scrubbers type account for 10.05%.
The sales market share of global Marine Scrubber in Retrofit use and New Ships use have been stable year by year, at 58.99% and 41.01% respectively in 2017, and for several consecutive years, the amplitude was within 2 percent. This indicates that the segment of the Marine Scrubber in the global market tends to be fixed without great changes. Among them, the Marine Scrubber market has the most promising sales prospects in Retrofit use.
XYZ research center data shows that Europe is the biggest contributor to the Marine Scrubber revenue market, accounted for 46.71% of the total global market with a revenue of 374.40 million USD in 2017, followed by North America, 38.39% with a revenue of 307.70 million USD.
Wartsila is the largest company in the global Marine Scrubber market, accounted for 35.38% of the revenue market share in 2017, followed by Alfa Laval and Yara Marine Technologies, accounted for 26.00% and 15.80% of the revenue market share in 2017. Despite the presence of competition problems, due to the increasing demand of environment protecting products, investors are optimistic about this area, the future will still have more new investment enter the field. The consumption volume will keep increasing till 2020, and the market would be affected greatly by the new shipbuilding market after 2020.
Geographically, global Marine Scrubber market competition by top manufacturers, with production, price, revenue (value) and market share for each manufacturer; the top players including
Wartsila
Alfa Laval
Yara Marine Technologies
Belco Technologies
CR Ocean Engineering
AEC Maritime
Fuji Electric
Clean Marine
Puyier
Shanghai Bluesoul
On the basis of product, we research the production, revenue, price, market share and growth rate, primarily split into
Open Loop Scrubbers
Closed Loop Scrubbers
Hybrid Scrubbers
For the end users/applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate of Marine Scrubber for each application, including
Retrofit
New Ships
Production, consumption, revenue, market share and growth rate are the key targets for Marine Scrubber from 2014 to 2026 (forecast) in these regions
China
USA
Europe
Japan
Korea
India
Southeast Asia
South America
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Summary:
Get latest Market Research Reports on Marine Scrubber. Industry analysis & Market Report on Marine Scrubber is a syndicated market report, published as Global Marine Scrubber Market Analysis 2020 with Top Companies, Production, Consumption,Price and Growth Rate. It is complete Research Study and Industry Analysis of Marine Scrubber market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.