Ballast Water Treatment Market Is Likely to Increase At A Significantly High CAGR By 2026

Ballast Water Treatment Market is expected to exceed more than US$ 101.0 Billion by 2024 at a CAGR of 47.1% in the given forecast period.

The global Ballast Water Treatment market is segregated on the basis of Technology as Chemical treatment, Physical disinfection, and Mechanical systems. Based on Vessel Type the global Ballast Water Treatment market is segmented in Low ballast dependent vessels and High ballast dependent vessels. Based on Service the global Ballast Water Treatment market is segmented in Performance measurement, Manufacturing, installation & calibration, and Re-commissioning.

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Stringent guidelines of the International Maritime Organization (IMO) and Ballast Water Management Convention (BWM) with respect to the treatment of ballast water are additionally expected to drive the growth for Ballast Water Treatment Market. Growth in production and sales of counterbalance water treatment system inferable from the increment in exchange of automotive machinery & equipment, medical & healthcare, building & infrastructure materials, beauty care products, food & beverages, and mining equipment will also drive the growth of Ballast Water Treatment Market.

Ballast water alludes to the seawater utilized as ballast to adjust the ship, furthermore, is siphoned in or out so as to include/decrease weight for dependability. Ballast water is a procedure of removing or killing the biological organisms, for example, bacteria, algae, and zooplankton from the water before releasing to the marine condition.

Based on Capacity, the global Ballast Water Treatment market is segmented in <1500 cubic meters, 1500 – 5000 cubic meters, and >5000 cubic meters.

The global Ballast Water Treatment market report provides geographic analysis covering regions, such as North America, Europe, Asia-Pacific, and Rest of the World. The Ballast Water Treatment market for each region is further segmented for major countries including the U.S., Canada, Germany, the U.K., France, Italy, China, India, Japan, Brazil, South Africa, and others.

Report Scope:

The global Ballast Water Treatment market report scope includes detailed study covering underlying factors influencing the industry trends.

The report covers analysis on regional and country level market dynamics. The scope also covers competitive overview providing company market shares along with company profiles for major revenue contributing companies.

The report scope includes detailed competitive outlook covering market shares and profiles key participants in the global Ballast Water Treatment market share. Major industry players with significant revenue share include Trojan Technologies, Mitsubishi Heavy Industries Ltd., Evoqua Water Technologies LLC, Damen Shipyards Group, JFE Engineering Corporation, Xylem, Calgon Carbon Corporation, Alfa Laval, ATG UV Technology, Headway Technology Co.Ltd., and others.

Competitive Rivalry

Trojan Technologies, Mitsubishi Heavy Industries Ltd., Evoqua Water Technologies LLC, Damen Shipyards Group, JFE Engineering Corporation, Xylem, Calgon Carbon Corporation, Alfa Laval, ATG UV Technology, Headway Technology Co.Ltd., and others are among the major players in the global Ballast Water Treatment market. The companies are involved in several growth and expansion strategies to gain a competitive advantage. Industry participants also follow value chain integration with business operations in multiple stages of the value chain.

The Ballast Water Treatment Market has been segmented as below:

The Ballast Water Treatment Marketis segmented on the lines ofBallast Water Treatment Market, By Technology, Ballast Water Treatment Market, By Vessel Type, Ballast Water Treatment Market, By Service, Ballast Water Treatment Market, By Capacity, Ballast Water Treatment Market, By Region and Ballast Water Treatment Market, By Company.

Ballast Water Treatment Market, By Technologythis market is segmented on the basis ofChemical treatment, Physical disinfection and Mechanical systems. Ballast Water Treatment Market, By Vessel Typethis market is segmented on the basis ofLow ballast dependent vessels and High ballast dependent vessels. Ballast Water Treatment Market, By Servicethis market is segmented on the basis ofPerformance measurement, Manufacturing, installation & calibration and Re-commissioning. Ballast Water Treatment Market, By Capacitythis market is segmented on the basis of<1500 cubic meters, 1500 – 5000 cubic meters and >5000 cubic meters. Ballast Water Treatment Market, By Regionthis market is segmented on the basis ofNorth America, Europe, Asia-Pacific and Rest of the World. Ballast Water Treatment Market, By Companythis market is segmented on the basis ofTrojan Technologies, Mitsubishi Heavy Industries Ltd., Evoqua Water Technologies LLC, Damen Shipyards Group, JFE Engineering Corporation, Xylem, Calgon Carbon Corporation, Alfa Laval, ATG UV Technology and Headway Technology Co.Ltd.

The report covers:

  • Global Ballast Water Treatment market sizes from 2015 to 2024, along with CAGR for 2018-2024
  • Market size comparison for 2017 vs 2024, with actual data for 2017, estimates for 2018 and forecast from 2019 to 2024
  • Global Ballast Water Treatment market trends, covering comprehensive range of consumer trends & manufacturer trends
  • Value chain analysis covering participants from raw material suppliers to the downstream buyer in the global Ballast Water Treatment market
  • Major market opportunities and challenges in forecast timeframe to be focused
  • Competitive landscape with analysis on competition pattern, portfolio comparisons, development trends and strategic management
  • Comprehensive company profiles of the key industry players

Reasons to Buy this Report:

  • Gain detailed insights on the Ballast Water Treatment industry trends
  • Find complete analysis on the market status
  • Identify the Ballast Water Treatment market opportunities and growth segments
  • Analyse competitive dynamics by evaluating business segments & product portfolios
  • Facilitate strategy planning and industry dynamics to enhance decision making

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Table of Contents

  1. Introduction
  2. Research Methodology
  3. Executive Summary
  4. Market Overview

4.1 Introduction

4.2.1 Drivers

4.2.2 Restraints

4.2.3 Opportunities

4.2.4 Challenges

4.2 Porter’s Five Force Analysis

  1. Ballast Water Treatment Market, By Technology
  2. Ballast Water Treatment Market, By Vessel Type
  3. Ballast Water Treatment Market, By Service
  4. Ballast Water Treatment Market, By Capacity
  5. Ballast Water Treatment Market, By Geography
  6. Competitive Insights
  7. Company Profiles

11.1 Trojan Technologies

11.1.1 Company Overview

11.1.2 Product/Service Landscape

11.1.3 Financial Overview

11.1.4 Recent Developments

11.2 Mitsubishi Heavy Industries Ltd.

11.2.1 Company Overview

11.2.2 Product/Service Landscape

11.2.3 Financial Overview

11.2.4 Recent Developments

11.3 Evoqua Water Technologies LLC

11.3.1 Company Overview

11.3.2 Product/Service Landscape

11.3.3 Financial Overview

11.3.4 Recent Developments

11.4 Damen Shipyards Group

11.4.1 Company Overview

11.4.2 Product/Service Landscape

11.4.3 Financial Overview

11.4.4 Recent Developments

11.5 JFE Engineering Corporation

11.5.1 Company Overview

11.5.2 Product/Service Landscape

11.5.3 Financial Overview

11.5.4 Recent Developments

11.6 Xylem

11.6.1 Company Overview

11.6.2 Product/Service Landscape

11.6.3 Financial Overview

11.6.4 Recent Developments

11.7 Calgon Carbon Corporation

11.7.1 Company Overview

11.7.2 Product/Service Landscape

11.7.3 Financial Overview

11.7.4 Recent Developments

11.8 Alfa Laval

11.8.1 Company Overview

11.8.2 Product/Service Landscape

11.8.3 Financial Overview

11.8.4 Recent Developments

11.9 ATG UV Technology

11.9.1 Company Overview

11.9.2 Product/Service Landscape

11.9.3 Financial Overview

11.9.4 Recent Developments

11.10 Headway Technology Co.Ltd.

11.10.1 Company Overview

11.10.2 Product/Service Landscape

11.10.3 Financial Overview

11.10.4 Recent Developments

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