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Global Marine Scrubber Market 2018-2022: Compliance with MARPOL Regulations Driving Market growth - ResearchAndMarkets.com

October 10, 2018

DUBLIN--(BUSINESS WIRE)--Oct 10, 2018--The “Global Marine Scrubber Market 2018-2022” report has been added to ResearchAndMarkets.com’s offering.

The global marine scrubber market to register a CAGR of 51.73% during the period 2018-2022.

A marine scrubber, also formally known as an exhaust gas cleaning system, is a system that reduces the amount of sulfur oxide and particulate matter released from the exhaust streams of marine vessel engines. It is essentially used to bring down the sulfur content to the emission limits defined by various national, regional, and international marine regulations.

The report covers the present scenario and the growth prospects of the global marine scrubber market for 2018-2022. The report also includes a discussion of the key vendors operating in this market.

According to the report, one driver in the market is compliance with MARPOL regulations. With more ships sailing each day to different parts of the world, air pollution caused by them is becoming one of the major environmental problems, as these emissions lead to the formation of greenhouse gases and global warming, which directly contributes to the depletion of the ozone layer in the atmosphere.

One trend in the market is growing popularity of LNG fuel. LNG has emerged as a promising alternative in the marine industry, as it is odorless, non-toxic, non-corrosive, and most importantly, reduces emissions of GHGs. LNG evaporates quickly when exposed to air, without leaving any residue.

Further, the report states that one challenge in the market is frequent changes in regulations. The shipping industry is a highly regulated industry, with regulations on almost every operation. Similarly, the emission standards in the industry are also highly regulated with very stringent limits on sulfur emissions.

Key vendors

Alfa Laval Clean Marine Dowdupont Valmet Wrtsil Yara Marine Technologies

Key Topics Covered:

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

PART 03: RESEARCH METHODOLOGY

PART 04: MARKET LANDSCAPE

Market ecosystem Market characteristics Market segmentation analysis

PART 05: MARKET SIZING

Market sizing 2017 Market size and forecast 2017-2022

PART 06: FIVE FORCES ANALYSIS

Bargaining power of buyers Bargaining power of suppliers Threat of new entrants Threat of substitutes Threat of rivalry Market condition

PART 07: MARKET SEGMENTATION BY PRODUCT

Comparison by product Open loop Hybrid Others Market opportunity by product

PART 08: CUSTOMER LANDSCAPE

PART 09: REGIONAL LANDSCAPE

Geographical segmentation Regional comparison Key leading countries Market opportunity

PART 10: DECISION FRAMEWORK

PART 11: DRIVERS AND CHALLENGES

Market drivers Market challenges

PART 12: MARKET TRENDS

Industrial collaborations for the adoption of marine scrubbers Growing popularity of LNG fuel

PART 13: VENDOR LANDSCAPE

Landscape disruption Competitive landscape

PART 14: VENDOR ANALYSIS

Vendors covered Vendor classification Market positioning of vendors

For more information about this report visit https://www.researchandmarkets.com/research/2l6hhw/global_marine?w=4

View source version on businesswire.com:https://www.businesswire.com/news/home/20181010005414/en/

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Related Topics:Shipbuilding and Ship Parts

KEYWORD:

INDUSTRY KEYWORD: TRANSPORT MARITIME ENVIRONMENT

SOURCE: Research and Markets

Copyright Business Wire 2018.

PUB: 10/10/2018 06:26 AM/DISC: 10/10/2018 06:26 AM

http://www.businesswire.com/news/home/20181010005414/en

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