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Marine Incinerators Market Registering a Strong Growth by 2028

VALLEY COTTAGE, N.Y. – Marine Incinerators Market: Introduction:

Marine incinerators are considered as an environmental friendly approach to get rid of sludge and solid waste generated on board through burning and are highly recommended by the International Marine Organization (IMO) & other class societies. Some of the solid and liquid waste that can be burned in marine incinerators are paint scrapping, rubber, plastic, cloth, cardboard, wood, lub oil filters, oily rags, waste lubrication oil, hospital waste, food waste and diesel engine scavenge scraping, among others. However, heavy metals, such as nickel, lead, mercury, zinc and vanadium, are prohibited from being incinerated. The selection of appropriate incinerators depends upon factors such as the requested capacity for burning sludge oil, solid waste and the intended usage of incinerators (to be used for sludge oil, solid waste, or both).

Furthermore, the ease of maintenance, availability of a large range of incinerator models, fully automatic control and fully dismountable for easy retrofitting, among others, are some of the factors contributing to the substantial growth of the marine incinerators market in the near future. The manufacturers of marine incinerators are mainly focusing on the certification of their models and compliance with IMO-Resolution standards, Marine Equipment Directive (MED), and approvals from USCG, ABS, RMRS & LRS to offer the most effective marine incinerators.

The increasing trends followed by prominent manufacturers include the incorporation of PLC touch screen monitors with marine incinerators, the simultaneous burning of solid & sludge waste, reliable operation and usage across commercial, navy & offshore vessels. Furthermore, offerings such as the incorporation of remote monitoring systems, skid-mounted solutions and bilge water injection systems for capacity expansion of the unit are estimated to fuel the demand for marine incinerators. Manufacturers are required to meet end-user demands by upgrading marine incinerator models with advanced & latest technology, compliance with standards and limiting the discharge of solid waste material.

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Marine Incinerators Market: Dynamics:

There has been an increase in the demand to efficiently & effectively run an environmentally clean facility to facilitate the growth of the marine incinerators market during the forecast period. Furthermore, there are no moving parts in marine incinerators, which results in low operating & maintenance cost. Moreover, the availability of a wide range of models in the market as per the requirements of consumers, the rising concerns regarding waste management, as well as stringent regulations are among factors expected to augment the growth of the global marine incinerators market during the forecast period.

However, skilled personnel or workers are required to operate marine incinerators, closely monitor flue gas outlet temperature and check the purging fan, nozzles, leaks, etc. In addition, numerous heavy metals as well as with Polychlorinated Biphenyls (PCBs), refined petroleum products that contain halogen compounds, flammable products, structural pieces, wire ropes and plates, among others, are prohibited from being incinerated. These factors are likely to hamper the growth of the marine incinerators market.

Preview Analysis of Marine Incinerators Market : Global Industry Analysis 2013 – 2017 and Opportunity Assessment; 2018 – 2028:

Marine Incinerators Market: Segmentation:

Global marine incinerators market can be segmented on the basis of product type, ship type and region. On the basis of product type, global marine incinerators market is segmented into:

  • Horizontal Marine Incinerators
  • Vertical Cyclone Marine Incinerators

On the basis of ship type, global marine incinerators market is segmented into:

  • Cargo Ships
  • Tankers
  • Passenger Ships
  • Fishing Vessel
  • High-Speed Craft

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Marine Incinerators: Market Participants:

Some of the market participants involved in the marine incinerators market are:

  • TeamTec AS
  • ACS, INC
  • Alfa Laval Corporate AB
  • China Deyuan Marine Fitting Co., Ltd.
  • Fuente International Co., Ltd.

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Last Updated: 04-Mar-2020