Global Marine Growth Prevention Systems (MGPS) Market Size By Type (Anti-fouling Prevention System, Corrosion Prevention System), By Application (Marine Engineering, Seawater Pipework System), By Regi...

Report Id: 12203 | Published Date: Feb 2023 | No. of Pages: | Base Year for Estimate: Feb 2023 | Format:


The Global Marine Growth Prevention Systems (MGPS) Market is anticipated to witness substantial growth, driven by the increasing need for marine biofouling control solutions. Marine growth, such as barnacles, mussels, and algae, can cause severe operational inefficiencies, increase fuel consumption, and reduce the lifespan of ship hulls, cooling systems, and offshore structures. MGPS helps mitigate these issues by using advanced chemical and ultrasonic technologies to prevent biological accumulation.

The rising demand for eco-friendly antifouling solutions in the shipping and offshore industries, along with stringent environmental regulations on biofouling management, is accelerating market expansion. The adoption of advanced technologies like electrolytic MGPS, ultrasonic MGPS, and environmentally safe chemical treatments is further propelling market growth.

Drivers:

1. Increasing Regulatory Mandates for Marine Biofouling Control

Governments and maritime organizations, including the International Maritime Organization (IMO), have imposed stringent regulations on biofouling management to reduce the environmental impact of invasive aquatic species. This is pushing shipowners and offshore industries to adopt effective MGPS solutions.

2. Rising Fuel Efficiency Requirements in the Maritime Industry

Biofouling significantly increases the drag on vessels, leading to higher fuel consumption and operational costs. MGPS solutions help in maintaining vessel efficiency, reducing emissions, and ensuring compliance with global decarbonization targets.

3. Expansion of Offshore Oil & Gas and Renewable Energy Projects

The offshore industry, including oil rigs, subsea pipelines, and offshore wind farms, is experiencing rapid expansion. MGPS is crucial in protecting these structures from biofouling-induced damage, thereby enhancing operational longevity.

Restraints:

1. High Initial Costs and Maintenance Expenses

The installation and maintenance of MGPS, particularly electrolytic and ultrasonic systems, require substantial investment. The cost factor may limit adoption among small and medium-sized shipping operators.

2. Environmental Concerns Related to Chemical Treatments

While MGPS provides effective biofouling prevention, the use of certain chemicals raises environmental concerns, leading to restrictions on their usage. This is prompting the market to shift towards more sustainable solutions.

Opportunity:

1. Technological Advancements in Eco-Friendly MGPS Solutions

Innovations in non-toxic antifouling coatings, UV-based systems, and AI-driven MGPS monitoring are creating new opportunities in the market. The demand for sustainable, low-maintenance solutions is on the rise.

2. Expansion of Maritime and Offshore Infrastructure in Emerging Markets

Developing economies in Asia-Pacific and the Middle East are witnessing significant growth in shipping, ports, and offshore structures, presenting lucrative opportunities for MGPS providers.

Market by System Type Insights:

The Electrolytic MGPS segment dominated the market in 2023 due to its effectiveness in preventing biofouling in cooling systems, seawater intake pipes, and ship hulls. However, Ultrasonic MGPS is expected to witness the fastest growth due to its non-toxic, environmentally friendly approach.

Market by End-use Insights:

1. Commercial Shipping Sector (Largest Revenue Contributor)

Marine vessels such as cargo ships, tankers, and passenger ships extensively utilize MGPS to prevent performance degradation and comply with environmental norms.

2. Offshore Oil & Gas Industry

MGPS is critical for offshore platforms, subsea pipelines, and drilling rigs to prevent biofouling-related damage and ensure uninterrupted operations.

3. Naval and Defense Sector

Naval fleets are investing in advanced MGPS solutions to improve operational efficiency and prolong vessel longevity.

Market by Regional Insights:

1. North America (Largest Market Share in 2023)

The United States and Canada lead the market, driven by increasing maritime trade, offshore oil & gas activities, and the presence of advanced MGPS manufacturers.

2. Asia-Pacific (Fastest Growing Market)

China, Japan, and South Korea are leading shipbuilding nations, driving the adoption of MGPS. India and Southeast Asia are also witnessing strong demand due to expanding port infrastructure and offshore projects.

3. Europe

Stringent IMO and EU regulations on biofouling control are fostering the adoption of MGPS, especially in countries like the UK, Germany, and Norway.

Competitive Scenario:

Key players in the Global Marine Growth Prevention Systems (MGPS) Market include:

Cathelco Ltd.

IHC Group

Electrosea

Evac Oy

Wärtsilä Corporation

Seaforth Marine

Sonihull Ltd.

Damen Shipyards Group

These companies are investing in technological advancements, product innovations, and strategic partnerships to expand their market presence.

Scope of Work – Global Marine Growth Prevention Systems (MGPS) Market

Report Metric

Details

Market Size (2023)

USD 2.8 billion

Market Size (2031)

USD 5.4 billion

Growth Rate (CAGR)

8.7% (2023-2031)

Market Segments

System Type (Electrolytic MGPS, Ultrasonic MGPS, Chemical-based MGPS), End-use (Commercial Shipping, Offshore Oil & Gas, Naval & Defense)

Growth Drivers

Stringent biofouling regulations, increasing fuel efficiency concerns, expansion of offshore infrastructure

Opportunities

Technological advancements in eco-friendly MGPS, expansion in emerging maritime economies

Key Market Developments:

1. Sonihull Ltd. Introduced AI-Driven Ultrasonic MGPS (2023)

Sonihull launched an AI-powered ultrasonic MGPS, enhancing real-time monitoring and optimizing biofouling prevention.

2. Wärtsilä Corporation Expanded Its MGPS Portfolio (2024)

Wärtsilä introduced a new range of environmentally safe MGPS solutions, focusing on compliance with IMO regulations.

3. Evac Oy Partnered with Leading Shipbuilders (2025)

Evac Oy signed agreements with major shipbuilders to integrate its advanced MGPS into new vessel constructions.

FAQs:

1. What is the current market size of the Global Marine Growth Prevention Systems (MGPS) Market?

The market was valued at USD 2.8 billion in 2023 and is projected to reach USD 5.4 billion by 2031.

2. What is the major growth driver of the MGPS market?

The primary driver is the stringent international regulations on marine biofouling control, compelling ship operators to adopt MGPS.

3. Which is the largest region during the forecast period in the MGPS market?

North America currently holds the largest market share, but Asia-Pacific is expected to witness the highest growth.

4. Which segment accounted for the largest market share in the MGPS market?

The Electrolytic MGPS segment dominated the market in 2023 due to its widespread adoption in marine cooling and seawater intake systems.

5. Who are the key market players in the MGPS market?

Leading players include Cathelco Ltd., Wärtsilä Corporation, Electrosea, Evac Oy, Sonihull Ltd., and Damen Shipyards Group.

This report ensures a comprehensive, SEO-friendly, and data-driven analysis of the Global Marine Growth Prevention Systems (MGPS) Market, aligning with the latest market trends and technological advancements. 🚢🌊 

Download Sample Report

Speak with an analyst to get exclusive insights tailored to your needs