Global Shipboard Incineration Market: Industry Analysis And Forecast (2020-2026)

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Global Shipboard Incineration Market: Industry Analysis and Forecast (2020-2026)

Global Shipboard Incineration Market was valued $xx Mn in 2019 and is expected to reach $xx Mn by 2026, at a CAGR of xx% during the forecast period.

 

Global Shipboard Incineration Market by Application

 


Global Shipboard Incineration Market Introduction

Global Environment Protection has put forward higher standards for monitoring and preventing pollution from ships. According to the International Convention MARPOL73/78, the shipboard incinerator is one of the necessary anti-pollution equipment on ocean-going vessels. Many countries have developed a variety of shipboard incinerators, most of which are equipped with auxiliary burners and possess several advantages such as a high degree of automation and the capacity to burn sludge oil and solid waste. The shipboard incinerator system mainly consists of a shipboard furnace, waste oil system, diesel engines, compressed air system, air supply system, and electrical control system.

Global Shipboard Incineration Market Dynamics

The real-time monitoring and management of shipboard incinerators play a critical role in ocean environmental protection. This system can display different parameters concerning the operation of shipboard incinerators and carry out remote monitoring of significant parameters in terms of maritime environmental protection via the Internet onshore. The emergence of technology and automation in shipboard incineration has boosted the market growth. Its powerful interface has improved the reliability and convenience in managing and monitoring shipboard waste incineration. Real-time monitoring of shipboard incineration system goes through the whole incineration process, making monitoring work safer, more reliable, and convenient, which has great significance to the development of shipboard waste handling technology as well as maritime environmental protection.

There is a considerable rise in oil spills as in the marine pollution through the ship operations, which contributes toward the growth of the shipboard incinerators. Strict regulations from the MARPOL annex 5, which states that no garbage is to be thrown into the sea acts as a major growth driver for the shipboard incineration market. Countries like China, India, the U.S, Russia, and Japan are the major producers of oil and healthcare equipment. Hence the market in these regions is expected to gain momentum.
Global Shipboard Incineration Market Segment Analysis

Growing demand for passenger ships, oil imports & exports, and healthcare equipment through ship operation are increasing the production of Shipboard incineration market in the industries. In the fishing boats, shipboard incineration is being used with a method of burning and converting into flue gas. Moreover, in oil-containing tankers and cargo ships, Shipboard incinerators are being used to destroy the oil wastes. Setting up this device in these respective ships would increase the market demand for shipboard incinerators. Manufacturers across the globe are constantly engaged in bringing up advanced and cost-effective technologies, which in turn will propel the market growth.

Global Shipboard Incineration Market by Application

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Global Shipboard Incineration Market Regional Insights

Global Shipboard Incineration Market by Regional

Europe is estimated to account for a significant market share in the global marine incinerators market due to large investments in France, Russia and other EU countries over the past couple of years with innovations and stringent government regulations related to waste management in the region. The Asia Pacific has witnessed substantial growth owing to investments in Japan, Korea and China.

 

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Global Shipboard Incineration Market

Global Shipboard Incineration Market, By Region

• North America
• Europe
• South America
• MEA
• Asia Pacific

Global Shipboard Incineration Market Key Players

• DESARROLLO TÉCNICAS INDUSTRIALES DE GALICIA S.A.
• Fuente International
• ACS, Inc.
• TeamTec AS
• China Deyuan Marine Fitting Co., Ltd.
• INCINER8 Limited
• ECOservice-NEFTEGAZ
• Alfa Laval
• ATLAS INCINERATORS ApS
• Hansun (Shanghai) Marine Technology
• Evac
• Scanship Environmental AS
• Kangrim Heavy Industries
• Mavi Deniz Environmental Protection Co.
• Wartsila Corporation

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