Marine Scrubber Systems Market

Marine Scrubber Systems Market

Global Market Study on Marine Scrubber Systems: High Cost of Low Sulfur Fuel Blends and Limited Supply to Drive Revenues Through 2028

  • XPLREP3133

  • November, 2018

  • 258 Pages

  • Industrial Automation

Marine Scrubber Systems Market: Report Description

This XploreMR study on the marine scrubber systems market offers a ten forecast for the global marine scrubber systems market between 2018 and 2028. The marine scrubber systems market study considers 2017 as the base year with market values estimated for 2018 and a forecast developed for the duration 2018 to 2028. Compound Average Growth Rate (CAGR) for the marine scrubber systems market study is represented from 2016 to 2028. The marine scrubber systems market study covers various perspectives of the market, including market dynamics, value chain, pricing analysis, competition analysis, regional and segmental growth comparison and macro-economic and industry growth analysis, along with segment-level projections in a comprehensive manner. As per the findings of the study and perspectives of industry participants, the global marine scrubber systems market is projected to grow at a CAGR of 20.4% between 2018 and 2028 in terms of value. Growing environmental concerns, impending and existing maritime regulations for controlling toxic emissions are some of the factors positively impacting the uptake of marine scrubber systems in the global market.

Marine scrubber systems are installed in the exhaust systems of marine vessels and perform the critical function of removing SOx from the exhaust streams of ship engines, before the exhaust stream is released into the environment. Marine scrubber systems are a key compliance option for ship-owners and operators who need to continue their usage of high sulphur fuel oil after International Maritime Organization’s global marine fuel sulphur cap of 0.5% mass/mass comes into effect from January 2020 onwards. Marine scrubber systems provide a viable alternative to ship-owners who do not want to switch to the costly option of using low sulphur fuel oil for their vessels post the 2020 deadline.

The XploreMR report on the marine scrubber systems market carefully analyses the market at a global and regional level through market segmentation on the basis of key parameters such as technology, application, vessel type, fuel type and region. The marine scrubber systems market report is structured to facilitate the reader to develop a thorough understanding of the market. The marine scrubber systems market report begins with market definitions, which are followed by the market background, market dynamics and market analysis by key segments, regional analysis and competition landscape. Each section of the marine scrubber systems market report covers a qualitative and quantitative assessment of the market on the basis of facts, historical developments and key opinions collected from industry participants through dedicated interviews and trends in the market.

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Global Market Study on Marine Scrubber Systems: High Cost of Low Sulfur Fuel Blends and Limited Supply to Drive Revenues Through 2028
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