North America Dry Marine Scrubber Systems Market Size - By Fuel (MDO, MGO, Hybrid), By Application (Commercial, Offshore, Recreational, Navy) & Forecast, 2024 - 2032
North America Dry Marine Scrubber Systems Market Size - By Fuel (MDO, MGO, Hybrid), By Application (Commercial, Offshore, Recreational, Navy) & Forecast, 2024 - 2032
North America dry marine scrubber systems market size is estimated to witness 10% CAGR between 2024 and 2032, owing to the stringent environmental regulations aimed at lessening sulfur emissions from ships. The International Maritime Organization (IMO) has established regulations, such as the IMO 2020 sulfur cap, which requires a significant reduction in the sulfur content of marine fuels. To meet these regulations, ship owners and operators are increasingly adopting dry cleaning systems to remove sulfur oxides (SOx) from the exhaust gases of ships and allowing the use of cheaper high-sulfur fuel oils to meet the emission standards.
Dry scrubbers are a more water-efficient option for ships compared to wet scrubbers, making them suitable for vessels in areas with limited water availability or strict water discharge regulations. Chemical treatment equipment associated with dry scrubbers typically have lower operating and maintenance costs for offering an eco- friendly solution to control air pollution from ships. This combination of regulatory pressure and economic incentives is driving the market growth.
The North America dry marine scrubber systems industry is classified into fuel, application and country.
In terms of fuel, the market size from the hybrid segment is poised to witness notable CAGR from 2024 to 2032 due to its versatility and efficacy in meeting stricter environmental regulations. Hybrid scrubbing systems offer the flexibility of open-loop and closed-loop operations, allowing vessel operators to change methods based on water availability, environmental regulations, and operating conditions. The ability to optimize performance and reduce operating costs by choosing the most appropriate mode is also increasing the attractiveness of hybrid systems.
North America dry marine scrubber systems industry from the recreational application segment will generate notable revenue during 2024-2032 due to the rising adoption of environment-friendly technologies by yacht and leisure boat owners. The awareness of the impacts of marine pollution is increasing, leading to the demand for emission control solutions among recreational boaters. Dry marine scrubbing systems also reduce sulfur oxide emissions, allowing compliance with environmental regulations while maintaining operational efficiency.
U.S. dry marine scrubber systems industry is slated to witness significant growth rate through 2032, attributed to regulatory environment, aimed at decreasing marine pollution and improving air quality. The U.S. Coast Guard and the Environmental Protection Agency (EPA) has set strict emission standards for vessels operating in the U.S. waters, particularly in Coastal Emission Control Areas (ECAs). Compliance with these regulations is necessitating the implementation of effective sulfur oxide reduction technologies, such as dry-cleaning systems. Increased traffic in major U.S. ports and waterways, along with greener shipping practices, has also increased the demand for sustainable emission control solutions, further stimulating the regional market growth.
Chapter 1 Methodology & Scope
1.1 Market definitions
1.2 Base estimates & calculations
1.3 Forecast calculation
1.4 Data sources
1.4.1 Primary
1.4.2 Secondary
1.4.2.1 Paid sources
1.4.2.2 Unpaid sources
Chapter 2 Industry Insights
2.1 Industry ecosystem analysis
2.1.1 Vendor matrix
2.2 Regulatory landscape
2.3 Industry impact forces
2.3.1 Growth drivers
2.3.2 Industry pitfalls & challenges
2.4 Growth potential analysis
2.5 Porter's analysis
2.5.1 Bargaining power of suppliers
2.5.2 Bargaining power of buyers
2.5.3 Threat of new entrants
2.5.4 Threat of substitutes
2.6 PESTEL analysis
Chapter 3 Competitive landscape, 2023
3.1 Strategic dashboard
3.2 Innovation & sustainability landscape
Chapter 4 Market Size and Forecast, By Fuel, 2019 - 2032 (Units & USD Million)
4.1 Key trends
4.2 MDO
4.3 MGO
4.4 Hybrid
4.5 Others
Chapter 5 Market Size and Forecast, By Application, 2019 - 2032 (Units & USD Million)
5.1 Key trends
5.2 Commercial
5.3 Offshore
5.4 Recreational
5.5 Navy
5.6 Others
Chapter 6 Market Size and Forecast, By Country, 2019 - 2032 (Units & USD Million)