Marine Scrubber Market worth USD 20.3 Billion by 2031, Driven by Stricter Emission Regulations & Sustainable Shipping
Implementation of sulfur 2020 rule, air pollution prevention policies & laws imposed by governments to protect the environment.
OREGON, DE, UNITED STATES, March 11, 2025 /EINPresswire.com/ -- According to a new report published by Allied Market Research, titled, โMarine Scrubber Market," The marine scrubber market was valued at $4.9 billion in 2021, and is estimated to reach $20.3 billion by 2031, growing at a CAGR of 16.2% from 2022 to 2031.The environmental protection mandates and laws are getting more valued across the world to reduce the impact of marine emissions. These standards emphasize on supporting the use of non-toxic materials, implementing conservation techniques, and changing production processes. This supports the recycling or reuse of materials more accurately than driving them into the waste stream, which helps to eradicate pollution. Europe and North America are a few early law adopters of environmental protection across the globe.
๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ ๐๐ฌ - https://www.alliedmarketresearch.com/request-sample/A08505
Ships are an essential mode of transportation, moving goods across the worldโs seas and oceans. The ship's engine is a critical component of a vessel, and it generates significant amounts of exhaust gases that are released into the atmosphere. However, marine scrubbers are used to reduce the emissions of harmful pollutants from ships. The marine scrubber market refers to the global industry involved in the manufacturing, installation, and maintenance of exhaust gas cleaning systems or marine scrubbers for ships.
Regulations regarding emissions from ships vary depending on the location and type of ship. The International Maritime Organization (IMO) has set global standards for emissions, including limits on sulfur content in fuel and requirements for marine scrubber. These regulations are enforced by individual countries, and some countries have implemented stricter regulations than those set by the IMO. One example of a country with strict emissions regulations is China. In 2019, the country implemented 0.5% of sulfur cap for ships operating within its territorial waters. This led to a significant increase the sales for marine scrubber market, as many ships were unable to use low-sulfur fuels due to unavailability and cost issues.
The wet technology segment to dominate the market during the forecast period
Based on technology, the wet technology segment contributed to the largest share of nearly 90% of the global marine scrubber market in 2021 and is expected to maintain its dominance during the forecast period. This is due to the increased demand for clean air, stringent environmental regulations, and the need to reduce harmful emissions. However, the dry technology segment is projected to witness the fastest CAGR of 22.6% from 2022 to 2031. This is because dry technology has observed huge demand in North America, Asia-Pacific, and Europe. Asia-Pacific is projected to register significant growth in the near future due to the availability of labor and various government initiatives.
๐๐ง๐ช๐ฎ๐ข๐ซ๐ ๐๐๐๐จ๐ซ๐ ๐๐ฎ๐ฒ๐ข๐ง๐ - https://www.alliedmarketresearch.com/purchase-enquiry/A08505
Asia-Pacific to achieve the largest revenue by 2031
Based on region, the market in Asia-Pacific was the largest in 2021, accounting for more than two-fifths of the global marine scrubber market and is likely to maintain its dominance during the forecast timeframe. This market is the most promising market due to countries such as China and India, whose economies are increasing as their trade with other regions is growing and the countries are becoming self-sufficient. However, the market in North America is likely to show the fastest CAGR of 20.2% during the forecast period. This is because various organizations are driving the exhaust gas cleaning or marine scrubber market by following the framework or the strict norms made by the International Maritime Organization.
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Bulk Carriers
Container Ships
Oil Tankers
Chemical Tankers
Cruises
Others
๐๐ซ๐จ๐๐ฎ๐ซ๐ ๐๐จ๐ฆ๐ฉ๐ฅ๐๐ญ๐ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ฐ: https://www.alliedmarketresearch.com/marine-scrubber-market/purchase-options
๐๐๐๐๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ
Fuji Electric Co., Ltd.
Alfa Laval
Mitsubishi Heavy Industries, Ltd.
Valmet
Pacific Green Group
Wartsila
KwangSung
ANDRITZ
GEA Group Aktiengesellschaft
Yara International ASA
About Us
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
David Correa
Allied Market Research
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