Report Scope:
Ship recycling or ship breaking is a responsibility of the maritime industry. This study discusses the status of ship recycling, the current status of how the industry works, and what the future holds for industrial growth considering government initiatives and technological methods. The specific growth drivers and challenges related to the ship recycling business are presented within this global context.

A technical overview of the primary ship dismantling technologies is provided, as well as an overview of novel ship recycling methods. This report is a detailed analysis of the global ship recycling industry. It examines key drivers, emerging trends, and major players and provides market estimates. The report also analyses the companies and regions involved in the ship recycling industry, and highlights and elaborates on the economic factors in this marketplace. It also provides the facts, figures and statistics required to evaluate stable market aspects and the industry’s current trends and projections.

The global ship recycling industry scope is as follows -

  • By Vessel Type (oil tankers, bulk carriers, offshore vessels, liquefied gas carriers, ferries and passenger ships, chemical tankers, general cargo ships, container ships and others).
  • By Vessel Size (below 60,000 DWT, 60,000 DWT To 125,000 DWT and above 125,000 DWT).
  • By Methods (beaching, berthing, dry-dock, alongside and others)

The market size and estimations are provided in terms of value ($ millions), with 2022 serving as the base year and market forecasts given for the period 2023 to 2028. Regional-level market sizes, with respect to vessel type, vessel size and methods, are also provided.

Report Includes:

  • An overview of the global market landscape related to the ship recycling industry
  • In-depth analysis of global market trends, featuring historical revenue data for 2022, estimated figures for 2023, as well as forecasts for 2028. This analysis includes projections of Compound Annual Growth Rates (CAGRs) spanning through 2028
  • Evaluation of the current market size and revenue growth prospects specific to ship recycling industry, accompanied by a comprehensive market share analysis categorized by vessel type, methods, size, and geographical region.
  • Insights into government initiatives, and detailed description of ship dismantling technologies, and novel ship recycling methods
  • Coverage of evolving technologies and highlights of the current and future market potential and a detailed analysis of the regulatory framework and reimbursement scenarios
  • Market share analysis of the key companies of the industry and coverage of events like mergers & acquisitions, joint ventures, collaborations or partnerships, and other key market strategies
  • Detailed profiles of leading market participants, providing a descriptive overview of their respective businesses