Global Marine SOx Scrubber System Market : Comprehensive Evaluation Of The Market Via In-Depth Qualitative Insights
Ship operations in North American and Caribbean emission control areas (ECAs) and North Sea Baltic need to comply with stringent new MARPOL regulations laid down to control marine emissions. Marine fuels, mainly fossil fuel based are significantly related to creating SOx, which is damaging to marine environments. This necessitates SOx scrubber system, specifically designed for marine environments, to eliminate sulphur oxides from exhaustion of ship engines. With conservation of marine environments high priority among large environment conservation goals, the demand for marine SOx scrubber system is likely to be robust. Serving this, the marine SOx scrubber system market is likely to rise at a robust 20.4% CAGR between 2013 and 2028.
The burning of fossil fuel in diesel engine creates toxic sulfur oxides (Sox) which disturb the ecosystem, harm the marine environment, and cause hazards to marine and human life. SOx emission can cause premature mortality, heart disease, asthma, and respiratory problems in human beings. In the marine, ships emit large amount of SOx into the environment.
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According to the laws of the International Maritime Organization (IMO), ships are required to reduce the emission of SOx in the water areas in the world, these areas are known as emission control areas (ECA) or SOx emission control areas (SECA).
The mandated guidelines of the international organizations are estimated to create lucrative opportunities for the scrubber manufacturing companies and scrubber installations in the new ships or retrofit installations. By installing an exhaust cleaning system such as Sox scrubber, the operator or owner of the ship is able to work on inexpensive or heavy fuel so as to meet the standards specified by the IMO.
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. Marine SOx Scrubber System can reduce sulphur (SO2) and particulate emissions from ship engines, generators, and boilers.
. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Marine SOx Scrubber System.
This report presents the worldwide Marine SOx Scrubber System market size (value, production and consumption), splits the breakdown (data status 2014-2019 and forecast to 2025), by manufacturers, region, type and application.
This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter’s Five Forces Analysis.
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The following manufacturers are covered in this report:
Marine SOx Scrubber System Breakdown Data by Type
Open Loop Scrubbers
Closed Loop Scrubbers
Marine SOx Scrubber System Breakdown Data by Application
Marine SOx Scrubber System Production by Region
Marine SOx Scrubber System Consumption by Region
Rest of Europe
Central & South America
Rest of South America
Middle East & Africa
Rest of Middle East & Africa
The study objectives are:
To analyze and research the global Marine SOx Scrubber System status and future forecastinvolving, production, revenue, consumption, historical and forecast.
To present the key Marine SOx Scrubber System manufacturers, production, revenue, market share, and recent development.
To split the breakdown data by regions, type, manufacturers and applications.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
In this study, the years considered to estimate the market size of Marine SOx Scrubber System :
History Year: 2014 – 2018
Base Year: 2018
Estimated Year: 2019
Forecast Year: 2019 – 2025
This report includes the estimation of market size for value (million USD) and volume (Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Marine SOx Scrubber System market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
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