The emission control catalyst for the marine market size is projected to be valued at US$ 998.19 million in 2023 and is expected to rise to US$ 1,673.01 million by 2033. The sales of emission control catalysts for marine are expected to thrive at a significant CAGR of 5.3% during the forecast period.
Maritime emission control catalysts are intended to minimize harmful emissions from maritime engines and equipment such as ships, boats, and yachts. These catalysts are often made of platinum, palladium, and rhodium, which are effective at catalyzing the conversion of toxic pollutants in engine exhaust into less dangerous molecules.
The market for emission control catalysts for marine applications is likely to expand in the future years, owing to increased environmental laws and heightened awareness of the impact of air pollution on marine ecosystems.
Catalysts for emission control operate by stimulating chemical reactions that convert pollutants into less hazardous chemicals like nitrogen, carbon dioxide, and water vapour. The International Maritime Organization (IMO) has established rigorous emissions requirements for ships and other marine vessels, increasing demand for emission control catalysts.
The IMO's standards demand ships to significantly reduce their emissions of Sulphur oxides (SOx) and nitrogen oxides (NOx), creating a need for new solutions to meet these criteria.
Diesel oxidation catalysts (DOCs), selective catalytic reduction (SCR) systems, and diesel particulate filters (DPFs) are among the pollution control catalysts available for maritime applications. Each of these systems has distinct strengths and disadvantages, and which system to choose is to be determined by criteria such as
The rising demand for fuel efficiency is another key driver of the emission control catalysts industry. Large marine vessels often require a lot of fuel. As a result, there is an increased interest in finding solutions to cut fuel use. By turning hazardous pollutants into less damaging molecules, catalytic converters can assist improve fuel economy.
All maritime sectors, including commercial ships, yachts and pleasure craft, and offshore oil and gas, are predicted to expand in demand for pollution control catalysts.
Maritime catalyst manufacturers provide a wide range of emission control solutions and proprietary technology for reducing emissions in maritime vessels. They are concentrating on producing marine catalysts that meet current and anticipated emission limits.
| Attribute | Details |
|---|---|
| Emission Control Catalyst for Marine Market Estimated Size (2023) | US$ 998.19 million |
| Emission Control Catalyst for Marine Market CAGR (2023 to 2033) | 5.3% |
| Emission Control Catalyst for Marine Market Forecasted Size (2033) | US$ 1,673.01 million |
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The global Emission Control Catalyst for the Marine market expanded at over 5.5% CAGR in 2022.
The marine industry was not strictly regulated in terms of emissions previously,. However, the International Maritime Organization (IMO) has recently introduced measures to limit ship emissions.
The IMO's standards prohibit ship-generated Sulphur oxide and nitrogen oxide emissions. Many ships have fitted emission control systems, including catalysts, to comply with these restrictions.
The market for marine pollution control catalysts has grown gradually, over the last decade, with an emphasis on technologies such as:
The market's expansion was fueled by a mix of governmental pressure and growing public awareness of the environmental consequences of air pollution.
The high cost of pollution control equipment, including catalysts, is one of the issues confronting the marine industry. However, as technology evolves and becomes widely available, the cost is likely to fall. Furthermore, novel catalyst materials and designs that are more efficient and more effective than present technologies are being developed.
The market is anticipated to be valued at US$ 1,673.01 million by 2033 as public awareness of air pollution grows.
The Air Filter Market is Witnessing Continuous Evolution to Improve Air Filtration Efficiency, Durability, and Sustainability.
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Emission catalysts based on diesel are also frequently employed in the maritime industry to reduce harmful emissions from diesel engines on ships and boats. Nitrogen oxides (NOx), particulate matter, Sulphur oxides (SOx), and other pollutants are among the pollutants emitted.
NOx and SOx emissions are often reduced using diesel-based emission catalysts used in the marine industry. These catalysts turn toxic pollutants into less damaging compounds by combining oxidation catalysts and selective catalytic reduction (SCR) systems.
Several companies are working hard to develop and manufacture diesel-based pollution catalysts for marine applications.
While diesel pollution catalysts are widely employed in the maritime industry, petrol emission catalysts are also utilized. Petro emission catalysts reduce emissions from petrol engines on boats and other marine vessels. Pollutants such as nitrogen oxides (NOx), particulate matter, and volatile organic compounds (VOCs) are also emitted by petrol engines.
To minimize emissions from gasoline engines, gasoline-based emission catalysts employ a combination of oxidation catalysts and three-way catalysts (TWC). TWCs can reduce NOx, carbon monoxide (CO), and hydrocarbon emissions.
The market for gasoline-based emission catalysts in the marine industry is less than that for diesel-based emission catalysts. It is likely to rise further in the coming years as strict laws to reduce emissions from boats and ships are adopted.
A Segment to Capture 17.0% Market Share in 2023.
Commercial vessels are an important area in the marine industry's emission control catalyst market. Container ships, bulk carriers, tankers, and other commercial boats are included. These ships contribute significantly to global greenhouse gas emissions and other damaging pollutants.
Diesel engines, which are commonly used in commercial vessels, emit dangerous pollutants such as nitrogen oxides (NOx), particulate matter, and Sulphur oxides (SOx). To decrease these pollutants, diesel-based emission catalysts are commonly utilized in these vessels.
Japan is a prominent player in the maritime industry's pollution control catalyst market. Several big manufacturers of catalysts and other pollution control techniques are based in the nation. Japan has been at the forefront of enacting measures aimed at reducing shipping emissions.
Government of Japan issued new laws in 2018 to minimize Sulphur emissions from marine fuels used in Japan waterways. These laws have aided in the adoption of emission control catalysts in the maritime industry in the country.
Firms in Japan are investing in the development of novel pollution control technology. Mitsubishi Heavy Industries (MHI), for example, has developed a novel hybrid SOx scrubber system that combines a wet scrubber with a dry scrubber to achieve high sulphur oxide (SOx) removal levels.
The shipping industry in the United States is one of the prominent industries in the world.Emissions from shipping has become an increasing source of worry for regulators and stakeholders.
The government has enacted many rules aimed at decreasing emissions from shipping, notably the North American Emission Control Area (ECA), which mandates ships sailing within 200 miles of the United States and Canadian coasts to use low Sulphur fuel.
Several companies in the United States are also working on innovative pollution control solutions for the marine industry. Corning, for example, has created a diesel particulate filter (DPF) technology for marine engines that can cut particulate matter emissions by up to 90%.
The country's shipping industry is quickly increasing, driven by rising demand for exports and imports, and this has increased shipping emissions.
Several laws aimed at decreasing emissions from the shipping industry have been introduced by India government in recent years. For example, the government has enacted restrictions mandating ships entering Indian ports to utilize low sulphur fuel. These laws have pushed the shipping industry in the country to use emission control catalysts.
India's share of the marine industry's emission control catalyst market is still small. But the country is expected to play an increasingly crucial role in the coming years as its shipping industry grows and regulations aimed at reducing emissions become stringent.
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The competitive landscape in the emission control catalyst market for the marine industry is quite diverse, with several leading players operating in the market. Some of the key players in the market include:
Latest Developments:
| Attribute | Details |
|---|---|
| Growth Rate | CAGR of 5.3% from 2023 to 2033 |
| Base Year of Estimation | 2022 |
| Historical Data | 2018 to 2022 |
| Forecast Period | 2023 to 2033 |
| Quantitative Units | Revenue in US$ million and Volume in Units and F-CAGR from 2023 to 2033 |
| Report Coverage | Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, growth factors, Trends and Pricing Analysis |
| Key Segments Covered | By Product Type, By Application, By End User, By Region |
| Regions Covered | North America; Latin America; Europe; East Asia; South Asia; The Middle East & Africa; Oceania |
| Key Countries Profiled | The United States, Canada, Brazil, Mexico, Germany, Italy, France, The United Kingdom, Spain,Russia, China, Japan, India, GCC Countries, Australia |
| Key Companies Profiled | BASF SE; Johnson Matthey; Heraeus Holding; Haldor Topsoe; NGK Insulators; Alfa Laval; Tenneco Inc.; Nett Technologies Inc.; Cormetech; Cataler Corporation; Catalytic Combustion Corporation; Hug Engineering Inc. |
| Customization & Pricing | Available upon Request |
The market is valued at US$ 998.19 million in 2023.
Umicore and Haldor Topsoe are key market players.
Commercial vehicles are likely to remain preferred through 2033.
Players opt for acquisitions, new launches and collaborations.
Japan and India dominate the Asian market.
1. Executive Summary | Emission Control Catalyst for Marine Market
1.1. Global Market Outlook
1.2. Demand-side Trends
1.3. Supply-side Trends
1.4. Technology Roadmap Analysis
1.5. Analysis and Recommendations
2. Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations
3. Market Background
3.1. Market Dynamics
3.1.1. Drivers
3.1.2. Restraints
3.1.3. Opportunity
3.1.4. Trends
3.2. Scenario Forecast
3.2.1. Demand in Optimistic Scenario
3.2.2. Demand in Likely Scenario
3.2.3. Demand in Conservative Scenario
3.3. Opportunity Map Analysis
3.4. Product Life Cycle Analysis
3.5. Supply Chain Analysis
3.5.1. Supply Side Participants and their Roles
3.5.1.1. Producers
3.5.1.2. Mid-Level Participants (Traders/ Agents/ Brokers)
3.5.1.3. Wholesalers and Distributors
3.5.2. Value Added and Value Created at Node in the Supply Chain
3.5.3. List of Raw Material Suppliers
3.5.4. List of Existing and Potential Buyer’s
3.6. Investment Feasibility Matrix
3.7. Value Chain Analysis
3.7.1. Profit Margin Analysis
3.7.2. Wholesalers and Distributors
3.7.3. Retailers
3.8. PESTLE and Porter’s Analysis
3.9. Regulatory Landscape
3.9.1. By Key Regions
3.9.2. By Key Countries
3.10. Regional Parent Market Outlook
3.11. Production and Consumption Statistics
3.12. Import and Export Statistics
4. Global Market Analysis 2018 to 2022 and Forecast, 2023 to 2033
4.1. Historical Market Size Value (US$ Million) & Volume (Units) Analysis, 2018 to 2022
4.2. Current and Future Market Size Value (US$ Million) & Volume (Units) Projections, 2023 to 2033
4.2.1. Y-o-Y Growth Trend Analysis
4.2.2. Absolute $ Opportunity Analysis
5. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Product Type
5.1. Introduction / Key Findings
5.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Product Type, 2018 to 2022
5.3. Current and Future Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Product Type, 2023 to 2033
5.3.1. Diesel-Based Emission Catalyst
5.3.1.1. Diesel Oxidation Catalyst (DOC)
5.3.1.2. Selective Catalytic Reduction Catalyst (SCR)
5.3.1.3. Catalysed Soot Filter/Diesel Particulate Filter
5.3.1.4. Ammonia Oxidation Catalyst (AMX)
5.3.1.5. NOx Absorbers
5.3.2. Gasoline-Based Emission Catalyst
5.3.2.1. Palladium-based catalyst
5.3.2.2. Rhodium-based catalyst
5.3.2.3. Platinum-based catalyst
5.4. Y-o-Y Growth Trend Analysis By Product Type, 2018 to 2022
5.5. Absolute $ Opportunity Analysis By Product Type, 2023 to 2033
6. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Application
6.1. Introduction / Key Findings
6.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Application, 2018 to 2022
6.3. Current and Future Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Application, 2023 to 2033
6.3.1. Commercial Vessel
6.3.2. Offshore Support Vessel
6.3.3. Passenger Vessel
6.3.4. Power Boat
6.3.5. Fishing Boat
6.4. Y-o-Y Growth Trend Analysis By Application, 2018 to 2022
6.5. Absolute $ Opportunity Analysis By Application, 2023 to 2033
7. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Region
7.1. Introduction
7.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Region, 2018 to 2022
7.3. Current Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Region, 2023 to 2033
7.3.1. North America
7.3.2. Latin America
7.3.3. Europe
7.3.4. Asia Pacific
7.3.5. MEA
7.4. Market Attractiveness Analysis By Region
8. North America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
8.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2018 to 2022
8.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2023 to 2033
8.2.1. By Country
8.2.1.1. USA
8.2.1.2. Canada
8.2.2. By Product Type
8.2.3. By Application
8.3. Market Attractiveness Analysis
8.3.1. By Country
8.3.2. By Product Type
8.3.3. By Application
8.4. Key Takeaways
9. Latin America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
9.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2018 to 2022
9.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2023 to 2033
9.2.1. By Country
9.2.1.1. Brazil
9.2.1.2. Mexico
9.2.1.3. Rest of Latin America
9.2.2. By Product Type
9.2.3. By Application
9.3. Market Attractiveness Analysis
9.3.1. By Country
9.3.2. By Product Type
9.3.3. By Application
9.4. Key Takeaways
10. Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
10.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2018 to 2022
10.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2023 to 2033
10.2.1. By Country
10.2.1.1. Germany
10.2.1.2. United Kingdom
10.2.1.3. France
10.2.1.4. Spain
10.2.1.5. Italy
10.2.1.6. Rest of Europe
10.2.2. By Product Type
10.2.3. By Application
10.3. Market Attractiveness Analysis
10.3.1. By Country
10.3.2. By Product Type
10.3.3. By Application
10.4. Key Takeaways
11. Asia Pacific Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
11.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2018 to 2022
11.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2023 to 2033
11.2.1. By Country
11.2.1.1. China
11.2.1.2. Japan
11.2.1.3. South Korea
11.2.1.4. Singapore
11.2.1.5. Thailand
11.2.1.6. Indonesia
11.2.1.7. Australia
11.2.1.8. New Zealand
11.2.1.9. Rest of Asia Pacific
11.2.2. By Product Type
11.2.3. By Application
11.3. Market Attractiveness Analysis
11.3.1. By Country
11.3.2. By Product Type
11.3.3. By Application
11.4. Key Takeaways
12. MEA Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
12.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2018 to 2022
12.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2023 to 2033
12.2.1. By Country
12.2.1.1. GCC Countries
12.2.1.2. South Africa
12.2.1.3. Israel
12.2.1.4. Rest of MEA
12.2.2. By Product Type
12.2.3. By Application
12.3. Market Attractiveness Analysis
12.3.1. By Country
12.3.2. By Product Type
12.3.3. By Application
12.4. Key Takeaways
13. Key Countries Market Analysis
13.1. USA
13.1.1. Pricing Analysis
13.1.2. Market Share Analysis, 2022
13.1.2.1. By Product Type
13.1.2.2. By Application
13.2. Canada
13.2.1. Pricing Analysis
13.2.2. Market Share Analysis, 2022
13.2.2.1. By Product Type
13.2.2.2. By Application
13.3. Brazil
13.3.1. Pricing Analysis
13.3.2. Market Share Analysis, 2022
13.3.2.1. By Product Type
13.3.2.2. By Application
13.4. Mexico
13.4.1. Pricing Analysis
13.4.2. Market Share Analysis, 2022
13.4.2.1. By Product Type
13.4.2.2. By Application
13.5. Germany
13.5.1. Pricing Analysis
13.5.2. Market Share Analysis, 2022
13.5.2.1. By Product Type
13.5.2.2. By Application
13.6. United Kingdom
13.6.1. Pricing Analysis
13.6.2. Market Share Analysis, 2022
13.6.2.1. By Product Type
13.6.2.2. By Application
13.7. France
13.7.1. Pricing Analysis
13.7.2. Market Share Analysis, 2022
13.7.2.1. By Product Type
13.7.2.2. By Application
13.8. Spain
13.8.1. Pricing Analysis
13.8.2. Market Share Analysis, 2022
13.8.2.1. By Product Type
13.8.2.2. By Application
13.9. Italy
13.9.1. Pricing Analysis
13.9.2. Market Share Analysis, 2022
13.9.2.1. By Product Type
13.9.2.2. By Application
13.10. China
13.10.1. Pricing Analysis
13.10.2. Market Share Analysis, 2022
13.10.2.1. By Product Type
13.10.2.2. By Application
13.11. Japan
13.11.1. Pricing Analysis
13.11.2. Market Share Analysis, 2022
13.11.2.1. By Product Type
13.11.2.2. By Application
13.12. South Korea
13.12.1. Pricing Analysis
13.12.2. Market Share Analysis, 2022
13.12.2.1. By Product Type
13.12.2.2. By Application
13.13. Singapore
13.13.1. Pricing Analysis
13.13.2. Market Share Analysis, 2022
13.13.2.1. By Product Type
13.13.2.2. By Application
13.14. Thailand
13.14.1. Pricing Analysis
13.14.2. Market Share Analysis, 2022
13.14.2.1. By Product Type
13.14.2.2. By Application
13.15. Indonesia
13.15.1. Pricing Analysis
13.15.2. Market Share Analysis, 2022
13.15.2.1. By Product Type
13.15.2.2. By Application
13.16. Australia
13.16.1. Pricing Analysis
13.16.2. Market Share Analysis, 2022
13.16.2.1. By Product Type
13.16.2.2. By Application
13.17. New Zealand
13.17.1. Pricing Analysis
13.17.2. Market Share Analysis, 2022
13.17.2.1. By Product Type
13.17.2.2. By Application
13.18. GCC Countries
13.18.1. Pricing Analysis
13.18.2. Market Share Analysis, 2022
13.18.2.1. By Product Type
13.18.2.2. By Application
13.19. South Africa
13.19.1. Pricing Analysis
13.19.2. Market Share Analysis, 2022
13.19.2.1. By Product Type
13.19.2.2. By Application
13.20. Israel
13.20.1. Pricing Analysis
13.20.2. Market Share Analysis, 2022
13.20.2.1. By Product Type
13.20.2.2. By Application
14. Market Structure Analysis
14.1. Competition Dashboard
14.2. Competition Benchmarking
14.3. Market Share Analysis of Top Players
14.3.1. By Regional
14.3.2. By Product Type
14.3.3. By Application
15. Competition Analysis
15.1. Competition Deep Dive
15.1.1. BASF SE
15.1.1.1. Overview
15.1.1.2. Product Portfolio
15.1.1.3. Profitability by Market Segments
15.1.1.4. Sales Footprint
15.1.1.5. Strategy Overview
15.1.1.5.1. Marketing Strategy
15.1.1.5.2. Product Strategy
15.1.1.5.3. Channel Strategy
15.1.2. Johnson Matthey
15.1.2.1. Overview
15.1.2.2. Product Portfolio
15.1.2.3. Profitability by Market Segments
15.1.2.4. Sales Footprint
15.1.2.5. Strategy Overview
15.1.2.5.1. Marketing Strategy
15.1.2.5.2. Product Strategy
15.1.2.5.3. Channel Strategy
15.1.3. Heraeus Holding
15.1.3.1. Overview
15.1.3.2. Product Portfolio
15.1.3.3. Profitability by Market Segments
15.1.3.4. Sales Footprint
15.1.3.5. Strategy Overview
15.1.3.5.1. Marketing Strategy
15.1.3.5.2. Product Strategy
15.1.3.5.3. Channel Strategy
15.1.4. Haldor Topsoe
15.1.4.1. Overview
15.1.4.2. Product Portfolio
15.1.4.3. Profitability by Market Segments
15.1.4.4. Sales Footprint
15.1.4.5. Strategy Overview
15.1.4.5.1. Marketing Strategy
15.1.4.5.2. Product Strategy
15.1.4.5.3. Channel Strategy
15.1.5. NGK Insulators
15.1.5.1. Overview
15.1.5.2. Product Portfolio
15.1.5.3. Profitability by Market Segments
15.1.5.4. Sales Footprint
15.1.5.5. Strategy Overview
15.1.5.5.1. Marketing Strategy
15.1.5.5.2. Product Strategy
15.1.5.5.3. Channel Strategy
15.1.6. Alfa Laval
15.1.6.1. Overview
15.1.6.2. Product Portfolio
15.1.6.3. Profitability by Market Segments
15.1.6.4. Sales Footprint
15.1.6.5. Strategy Overview
15.1.6.5.1. Marketing Strategy
15.1.6.5.2. Product Strategy
15.1.6.5.3. Channel Strategy
15.1.7. Tenneco Inc.
15.1.7.1. Overview
15.1.7.2. Product Portfolio
15.1.7.3. Profitability by Market Segments
15.1.7.4. Sales Footprint
15.1.7.5. Strategy Overview
15.1.7.5.1. Marketing Strategy
15.1.7.5.2. Product Strategy
15.1.7.5.3. Channel Strategy
15.1.8. Nett Technologies Inc.
15.1.8.1. Overview
15.1.8.2. Product Portfolio
15.1.8.3. Profitability by Market Segments
15.1.8.4. Sales Footprint
15.1.8.5. Strategy Overview
15.1.8.5.1. Marketing Strategy
15.1.8.5.2. Product Strategy
15.1.8.5.3. Channel Strategy
15.1.9. Cormetech
15.1.9.1. Overview
15.1.9.2. Product Portfolio
15.1.9.3. Profitability by Market Segments
15.1.9.4. Sales Footprint
15.1.9.5. Strategy Overview
15.1.9.5.1. Marketing Strategy
15.1.9.5.2. Product Strategy
15.1.9.5.3. Channel Strategy
15.1.10. Cataler Corporation
15.1.10.1. Overview
15.1.10.2. Product Portfolio
15.1.10.3. Profitability by Market Segments
15.1.10.4. Sales Footprint
15.1.10.5. Strategy Overview
15.1.10.5.1. Marketing Strategy
15.1.10.5.2. Product Strategy
15.1.10.5.3. Channel Strategy
15.1.11. Catalytic Combustion Corporation
15.1.11.1. Overview
15.1.11.2. Product Portfolio
15.1.11.3. Profitability by Market Segments
15.1.11.4. Sales Footprint
15.1.11.5. Strategy Overview
15.1.11.5.1. Marketing Strategy
15.1.11.5.2. Product Strategy
15.1.11.5.3. Channel Strategy
15.1.12. Hug Engineering Inc.
15.1.12.1. Overview
15.1.12.2. Product Portfolio
15.1.12.3. Profitability by Market Segments
15.1.12.4. Sales Footprint
15.1.12.5. Strategy Overview
15.1.12.5.1. Marketing Strategy
15.1.12.5.2. Product Strategy
15.1.12.5.3. Channel Strategy
16. Assumptions & Acronyms Used
17. Research Methodology
Chemicals & Materials
April 2023
REP-GB-14244
315 pages
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Emission Control Catalyst for Marine Market
