Marine Scrubber Market will reach 662.68 Million USD by 2022 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%.


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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.


This report focuses on top manufacturers in global market, Involved the assessment of Sales, price, revenue and market share for each manufacturer, covering


• 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, this report displays the Sales, revenue, price, market share and growth rate of each type, primarily split into


• Open Loop Scrubbers

• Closed Loop Scrubbers

• Hybrid Scrubbers


By Application, this report focuses on Sales, Market share and Growth Rate of each application, can be divided into


• Retrofit

• New Ships


By Regions, this report splits global market into several key regions, with Sales, Revenue, Price and Gross Margin market share of top players in these regions, from 2014 to 2026 (forecast), like


• China

• USA

• Europe

• Japan

• Korea

• India

• Southeast Asia

• South America


Browse Full Research Report with TOC: 

https://www.radiantinsights.com/research/global-marine-scrubber-market-2020-2026


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