Global Ship Recycling Market

December 2023 | 60 pages | ID: GC9EC58F3D62EN
BCC Research

Abstracts

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 %li%

• 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

Contents

CHAPTER 1 INTRODUCTION

Study Goals and Objectives
Reasons for Doing This Study
Scope of Report
Methodology
Information Sources
Geographical Breakdown
Segmentation Breakdown

CHAPTER 2 SUMMARY AND HIGHLIGHTS

Market Outlook
Market Summary

CHAPTER 3 MARKET OVERVIEW

Market Definition
Raw Material from Scrapped Ships
Ship Decommissioning Process
Hong Kong International Convention for the Safe and Environmentally Sound Recycling of Ships, 2009
Market Dynamics
Drivers
Challenges
Trends

CHAPTER 4 GLOBAL MARKET FOR SHIP RECYCLING BY VESSEL TYPE

Introduction
Oil Tankers
Bulk Carriers
Offshore Vessels
Liquified Gas Carriers
Ferries and Passenger Ships
Chemical Tankers
General Cargo Ships
Container Ships
Others

CHAPTER 5 GLOBAL MARKET FOR SHIP RECYCLING BY VESSEL SIZE

Introduction
Below 60,000 DWT

60,000 DWT TO 125,000 DWT

Above 125,000 DWT

CHAPTER 6 GLOBAL MARKET FOR SHIP RECYCLING BY METHOD

Introduction
Beaching
Berthing
Dry Docking
Alongside/Pier Breaking
Others

CHAPTER 7 GLOBAL MARKET FOR SHIP RECYCLING BY REGION

Introduction
Bangladesh
India
Pakistan
Turkey
Rest of the World (RoW)
North American Countries
European Countries
Middle Eastern Countries
African Countries

CHAPTER 8 COMPETITIVE LANDSCAPE

Competitive Scenario of the Market

CHAPTER 9 COMPANY PROFILES

ALANG INFO SERVICES
DORTEL SHIP RECYCLING
IZMIR SHIP RECYCLING CO.
KSRM STEEL PLANT LTD.
LEYAL GEMI GERI DONUSUM GRUBU
MARINE RECYCLING CORP.
OSM THOME
R L KALTHIA SHIP BREAKING PVT. LTD.
SALASAR BALAJI SHIPBREAKERS PVT. LTD.
SPOT SHIPPING A.S.

CHAPTER 10 APPENDIX: ACRONYMS

List Of Tables

LIST OF TABLES

Summary Table : Global Market for Ship Recycling, by Region, Through 2028
Table 1 : Major Ship Recycling Yards
Table 2 : Global Market for Ship Recycling, by Vessel Type, Through 2028
Table 3 : Global Market for Ship Recycling, by Vessel Size, Through 2028
Table 4 : Global Market for Ship Recycling, by Method, Through 2028
Table 5 : Global Market for Ship Recycling, by Region, Through 2028
Table 6 : Bangladesh Market for Ship Recycling, by Vessel Type, Through 2028
Table 7 : Bangladesh Market for Ship Recycling, by Vessel Size, Through 2028
Table 8 : Bangladesh Market for Ship Recycling, by Method, Through 2028
Table 9 : Indian Market for Ship Recycling, by Vessel Type, Through 2028
Table 10 : Indian Market for Ship Recycling, by Vessel Size, Through 2028
Table 11 : Indian Market for Ship Recycling, by Method, Through 2028
Table 12 : Pakistan Market for Ship Recycling, by Vessel Type, Through 2028
Table 13 : Pakistan Market for Ship Recycling, by Vessel Size, Through 2028
Table 14 : Pakistan Market for Ship Recycling, by Method, Through 2028
Table 15 : Major Recycling Facilities in Turkey
Table 16 : Turkish Market for Ship Recycling, by Vessel Type, Through 2028
Table 17 : Turkish Market for Ship Recycling, by Vessel Size, Through 2028
Table 18 : Turkish Market for Ship Recycling, by Method, Through 2028
Table 19 : Major Recycling Facilities in Europe
Table 20 : RoW Market for Ship Recycling, by Vessel Type, Through 2028
Table 21 : RoW Market for Ship Recycling, by Vessel Size, Through 2028
Table 22 : RoW Market for Ship Recycling, by Method, Through 2028
Table 23 : Alang Ship Breaking Yard: News, 2023
Table 24 : Alang Ship Breaking Yard: Ship Recycling
Table 25 : Dortel Ship Recycling: Ship Recycling
Table 26 : IZMIR Ship Recycling Co.: Ship Recycling
Table 27 : KSRM: Ship Recycling
Table 28 : LEYAL Ship Recycling Group: Ship Recycling
Table 29 : Marine Recycling Corp.: Ship Recycling
Table 30 : OSM Thome: News, 2023
Table 31 : OSM Thome: Ship Recycling
Table 32 : R L Kalthia Ship Breaking Pvt. Ltd.: Ship Recycling
Table 33 : Salasar Balaji Shipbreakers: Ship Recycling
Table 34 : Spot Shipping: Ship Recycling
Table 35 : Acronyms Used in This Report

List Of Figures

LIST OF FIGURES

Figure A : Research Methodology: Bottom-Up Approach
Summary Figure : Global Market for Ship Recycling, by Region, 2022-2028
Figure 1 : Raw Material from Scrapped Ships, 2022
Figure 2 : Ship Decommissioning Process
Figure 3 : Global Market Shares of Ship Recycling, by Vessel Type, 2022
Figure 4 : Global Market Shares of Ship Recycling, by Vessel Size, 2022
Figure 5 : Global Market Shares of Ship Recycling, by Method, 2022
Figure 6 : Global Market Shares of Ship Recycling, by Region, 2022
Figure 7 : Bangladesh Market Shares of Ship Recycling, by Vessel Type, 2022
Figure 8 : Bangladesh Market Shares of Ship Recycling, by Vessel Size, 2022
Figure 9 : Bangladesh Market Shares of Ship Recycling, by Method, 2022
Figure 10 : Indian Market Shares of Ship Recycling, by Vessel Type, 2022
Figure 11 : Indian Market Shares of Ship Recycling, by Vessel Size, 2022
Figure 12 : Indian Market Shares of Ship Recycling, by Method, 2022
Figure 13 : Pakistan Market Shares of Ship Recycling, by Vessel Type, 2022
Figure 14 : Pakistan Market Shares of Ship Recycling, by Vessel Size, 2022
Figure 15 : Pakistan Market Shares of Ship Recycling, by Method, 2022
Figure 16 : Turkish Market Shares of Ship Recycling, by Vessel Type, 2022
Figure 17 : Turkish Market Shares of Ship Recycling, by Vessel Size, 2022
Figure 18 : Turkish Market Shares of Ship Recycling, by Method, 2022
Figure 19 : RoW Market Shares of Ship Recycling, by Vessel Type, 2022
Figure 20 : RoW Market Shares of Ship Recycling, by Vessel Size, 2022
Figure 21 : RoW Market Shares of Ship Recycling, by Method, 2022