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    Asia Pacific Marine Scrubber Systems Market Size By Fuel (MDO, MGO, Hybrid), By Technology (Wet Technology {Open Loop, Closed Loop, Hybrid}, Dry Technology), By Application (Commercial {Containers, Tankers, Bulk Carriers, RO-RO}, Offshore {AHTS, PSV, FSV, MPSV}, Recreational {Cruise Ships, Ferries, Yachts}, Navy), Industry Analysis Report, Country Outlook (China, South Korea, Japan, Vietnam, Taiwan, India, Philippines, Indonesia, Malaysia, Singapore, Australia), Application Potential, Price Trends, Competitive Market Share & Forecast, 2020 – 2026
    Published Date: February 2020   |   Report ID: GR1251   |   Delivery: PDF  Request Free Sample

    Asia Pacific Marine Scrubber Systems Market Value is anticipated to grow on account of increasing pollution from ships and rising concerns toward environmental sustainability. In accordance with directives of International Maritime Organization (IMO), ships are mandated to reduce SOX both inside and outside the Sulfur Emission Control Areas (SECAs). Stringency in the regulations is projected to stimulate the adoption of Exhaust Gas Cleaning (EGC) technology, popularly known as scrubbers.

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    IMO introduced norms, in January 2015, to combat emission from PMs and has reduced the sulfur release across the ECAs to 0.10%. Furthermore, in 2016, the MEPC, introduced a global limit of 0.5% on sulfur fuel content that came into effect from 1st January 2020. Positive outlook toward the ship building industry, healthy orderbook, and restructuring of the old vessels to build sustainable solutions are few factors propelling the product penetration.

    Shorter payback period coupled with long term operational flexibility is set to strengthen the wet marine scrubber systems market growth. The technology comprises open loop, closed loop, and hybrid systems. Hybrid technology will expand on account of ability to operate in closed loop mode (with no discharge) and open loop mode (with no alkaline agent). Increasing government investments to safeguard national security with advanced vessels will further augment the business scenario.

    China will grow owing to strict government mandates to curb the emissions from ships to ensure environmental sustainability. For instance, in 2018, China’s Ministry of Transport announced to extend the SECA to its entire coastline. In addition, increasing demand for containers and commodities along with rising number of domestic & international vessels calling at the port will complement the business landscape.

    Marine Gas Oil is set to grow owing to clean fuel properties along with rising emphasis on green technology. Low viscosity and higher energy content by weight is further set to encourage the system adoption. Increasing sulfur emission from ships accompanied by rising environmental concerns in addition to advancement in EGC technology is anticipated to drive the industry outlook.

    Commercial is projected to grow on account of rapid industrialization in developing countries along with expanding long international voyage. Rising demand to retrofit active vessels along with substantial trade growth will boost the product adoption. In addition, demographic changes in the urbanization coupled with increasing cross-border transportation is set to strengthen the business outlook.

    Ongoing R&D, product development and innovations to conform with the globally accepted standards and norms is propelling the industry growth. Companies are actively engaging in M&As and partnerships with international and regional suppliers to create prospects. Major leading business players in Asia Pacific Marine Scrubber Systems Market include Kwangtung Co., CR Ocean Engineering, Damen Shipyards Group N.V., VDL AEC DuPont, Hamon Research-Cottrell, Maritime B.V, Shanghai Bluesoul, Yara International, Clean Marine, Mitsubishi Heavy Industries, and Fuji Electric amongst others.


    Frequently Asked Question(FAQ) :

    Which are the main factor for the rise of Asia Pacific Marine Scrubber Systems Market?
    Asia Pacific Marine Scrubber Systems Market Value is anticipated to grow on account of increasing pollution from ships and rising concerns toward environmental sustainability.
    On what basis Segmentation of Asia Pacific Marine Scrubber Systems Market done?
    Segmentation of Asia Pacific Marine Scrubber Systems Market is done on the basis of Fuel, Technology & Application.
    Which are the Key Players involved in Asia Pacific Marine Scrubber Systems Market?
    Major leading business players in Asia Pacific Marine Scrubber Systems Market include Kwangtung Co., CR Ocean Engineering, Damen Shipyards Group N.V., VDL AEC DuPont, Hamon Research-Cottrell, Maritime B.V, Shanghai Bluesoul, Yara International, Clean Marine, Mitsubishi Heavy Industries, and Fuji Electric amongst others.

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