
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. 🚢🌊

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