Global Marine Scrubber Market is estimated to reach 662.68 million dollars by 2022

Global Marine Scrubber Market is estimated to reach 662.68 million dollars by 2022 Custom Research｜Research Report｜Management Consulting｜Seminar｜Database

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QYResearch

In the past five years from 2012 to 2016, global Marine Scrubber production revenue market scale was from 200.47 million US dollars to $ 621.68 million.

The Marine Scrubber market greatly affected by the International Maritime Organization’s (IMO) maritime laws -- Regulation 4 of MARPOL Annex VI, The IMO Annex VI sulfur regulation calls for a 0.1% sulfur limit in emission control areas (ECA) by 2015 and a worldwide limit of 0.5% by 2020, or 2025 at the latest. The consumption volume will keep increasing till 2020, and the market would be affected greatly by the new shipbuilding market after 2020. w w w. q y r e s e a r c h . c o m

QYResearch

The Marine Scrubber consumption volume was 41 Units in 2012 and is expected to reach 153 Units in 2016 and 366 Units in 2020, and the volume will decreased to 280 Units in 2022. Europe`s sales volume accounted for the highest market share (47.06%) in 2016, followed by the North America.

At present, the manufactures of Marine Scrubber are concentrated in Europe, North America and Asia-Pacific. The global leading players in this market are Wartsila, Alfa Laval, Yara Marine Technologies, Belco Technologies, CR Ocean Engineering.

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QYResearch

The Marine Scrubber are mainly used by Retrofit, and New Ships. The main dominated application of Marine Scrubber is Retrofit in 2016. The major types of Marine Scrubber are Open Loop Scrubbers, Closed Loop Scrubbers and Hybrid Scrubbers.

Despite the presence of competition problems, due to the increasing demand of environment protecting products, investors are optimistic about this area, the future will still have more new investment enter the field. The consumption volume will keep increasing till 2020, and the market would be affected greatly by the new shipbuilding market after 2020.

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