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    Europe Marine Scrubber Systems Market By Technology (Wet Technology {Open Loop, Closed Loop, Hybrid}, Dry Technology), By Fuel (MDO, MGO, Hybrid), By Application (Commercial, Offshore, Recreational, Navy), Industry Analysis Report, Country outlook (Germany, UK, France, Italy, Spain, Netherlands, Russia), Application Potential, Price Trends, Competitive Market Share & Forecast, 2020 – 2026
    Published Date: July 2020   |   Report ID: GR1375   |   Delivery: PDF  Request Free Sample

    The Europe Marine Scrubber Systems Market Growth is projected to register record sales on account of the alternations in the IMO 2020 regulations. Under IMO 2020, the limit of sulfur emissions allowed in ships has been reduced from 0.5% to 0.1% across the globe. Introduction of stringent directives with an aim to combat SOx emissions will drive the demand for Exhaust Gas Cleaning (EGC) technology. Ship builders are choosing to use diesel for their old ships along with marine scrubbers rather than high cost low sulfur fuel to meet the stipulated regulations by IMO. This sudden shift in the market will result in an unprecedented rise in demand for the product.

    Commercial application is anticipated to witness staggering growth owing to a healthy rise in international trade. Developing economies and increasing investments toward the development of shipping and trade industry is a major factor driving the market growth. Long voyage vessels including bulk carriers, container vessels and merchant vessels contribute a significant share in sulfur emission, therefore retrofitting existing vessels with marine gas scrubbers will yield rapid rise in revenue in the market.

    Key players within Germany are anticipated to become one of the prime beneficiaries from this surge in demand for marine scrubbers because of their involvement in international trade. Accounting for roughly 25% of European exports, Germany is one of the essential countries when it comes to the deployment of marine scrubbers in long voyage vessels. Furthermore, rising government investments & funding to strengthen the national security by deploying advanced shipping line is leading to the development of advanced vessels encouraging the industry growth.

    Wet marine scrubbers will witness a healthy growth on account of their high efficiency rate. Open loop wet scrubbers will be a key factor in the growth owing to their ease of use and the ability to use sea water during a maritime journey to clean the exhaust gas and reduce sulfur emissions.  Additionally, the comparative high return from the scrubber systems and its efficiency have resulted in its rise in popularity over other alternatives.

    Manufacturers within the market are increasingly looking to pool their resources through mergers and acquisitions, partnership or collaborations to stay ahead of the curve and combat the regulation requirements. Few major players within the industry are Alfa Laval, Yara Marine, Wärtsilä, Damen Shipyards, Maritime B.V, Clean marine, and Valmet among others.


    Frequently Asked Question(FAQ) :

    Which is the major factor driving the rise of Europe Marine Scrubber Systems Market?
    According to Graphical Research, Commercial application is anticipated to witness staggering growth owing to a healthy rise in international trade. Developing economies and increasing investments toward the development of shipping and trade industry is a major factor driving the market growth.
    On what basis is the Segmentation of Europe Marine Scrubber Systems Market done?
    Europe Marine Scrubber Systems Market By Technology (Wet Technology {Open Loop, Closed Loop, Hybrid}, Dry Technology), By Fuel (MDO, MGO, Hybrid), By Application (Commercial, Offshore, Recreational, Navy), Industry Analysis Report, Country outlook (Germany, UK, France, Italy, Spain, Netherlands, Russia), Application Potential, Price Trends, Competitive Market Share & Forecast, 2020 – 2026
    Which are the key players involved in this market?
    Few major players within the industry are Alfa Laval, Yara Marine, Wärtsilä, Damen Shipyards, Maritime B.V, Clean marine, and Valmet among others

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