The new report by Expert Market Research titled, ‘Global Ballast Water Management Market Report and Forecast 2021-2026’, gives an in-depth analysis of the global ballast water management market, assessing the market based on its segments like technology and major regions like North America, Europe, Asia Pacific, Latin America, Middle East and Africa. The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.
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The key highlights of the report include:
Market Overview (2016-2026)
- Forecast CAGR (2021-2026): 7%
- Forecast Market Size (2026): USD 3.4 billion
The market for ballast water management has seen substantial growth due to factors such as the technological advances in the installation procedure of ballast water management systems on ships. Also, increased knowledge across different industries offers an enormous market opportunity for key players in the ballast water management market. The growing popularity of containerized ballast water management systems is propelling the market forward. Physical disinfection technology is expected to have the largest market share in the future due to rising demand for ballast water management systems, which has resulted in advancements in physical disinfection systems. As a result of increased initiatives to use this system in the region, Asia-Pacific is the emerging market.
Industry Definition and Major Segments
Ballast water is stored in ships to ensure structural integrity and stability, but its discharge into a non-native environment could be toxic and have negative consequences. Ballast water management involves executing mechanical, physical, and chemical techniques separately or in combination to prevent aquatic organisms and pathogens from one location from entering the maritime environment of another.
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Based on the technology, the industry is divided into:
- Physical Disinfection
- Chemical Method
- Mechanical Method
The regional markets for ballast water management include:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
Market Trends
Geographically, during the forecast period, APAC is expected to hold the highest share of the ballast water management market. The APAC region’s market expansion is aided by the presence of a large number of ports and harbours for the commerce of oil and chemicals, automotive components, electronic components, and devices, among other things. With increased ocean freight volumes from several nations such as China, India, and South Korea to other areas of the world, this region remains a significant growth market for Ballast Water management. Growth in ocean freight is likely to result in higher adoption of the Marine Environmental Protection programme in the next years, which will drive market expansion.
Key Market Players
The major players in the market are Alfa Laval, Headway Technology Group (Qingdao) Co. Ltd., Panasia Co. Ltd., Samsung Heavy Industries Co. Ltd., Wärtsilä Corp. s, among others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.
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The new report by Expert Market Research titled, ‘Global Ballast Water Management Market Report and Forecast 2021-2026’, gives an in-depth analysis of the global ballast water management market, assessing the market based on its segments like technology and major regions like North America, Europe, Asia Pacific, Latin America, Middle East and Africa.
The sample report shall be delivered to you within 24 hours.Request a free sample copy in PDF or view the report summary@ https://www.expertmarketresearch.com/reports/ballast-water-management-market/requestsampleThe key highlights of the report include:Market Overview (2016-2026)Forecast CAGR (2021-2026): 7%Forecast Market Size (2026): USD 3.4 billionThe market for ballast water management has seen substantial growth due to factors such as the technological advances in the installation procedure of ballast water management systems on ships.
As a result of increased initiatives to use this system in the region, Asia-Pacific is the emerging market.Industry Definition and Major SegmentsBallast water is stored in ships to ensure structural integrity and stability, but its discharge into a non-native environment could be toxic and have negative consequences.
Ballast water management involves executing mechanical, physical, and chemical techniques separately or in combination to prevent aquatic organisms and pathogens from one location from entering the maritime environment of another.Explore the full report with the table of contents@ https://www.expertmarketresearch.com/reports/ballast-water-management-marketBased on the technology, the industry is divided into:Physical DisinfectionChemical MethodMechanical MethodThe regional markets for ballast water management include:North AmericaEuropeAsia PacificLatin AmericaMiddle East and AfricaMarket TrendsGeographically, during the forecast period, APAC is expected to hold the highest share of the ballast water management market.
The APAC region's market expansion is aided by the presence of a large number of ports and harbours for the commerce of oil and chemicals, automotive components, electronic components, and devices, among other things.
Growth in ocean freight is likely to result in higher adoption of the Marine Environmental Protection programme in the next years, which will drive market expansion.Key Market PlayersThe major players in the market are Alfa Laval, Headway Technology Group (Qingdao) Co. Ltd., Panasia Co. Ltd., Samsung Heavy Industries Co. Ltd., Wärtsilä Corp. s, among others.
This report presents the worldwide Ballast Water Treatment Equipment market size (value, production and consumption), splits the breakdown (data status 2014–2019 and forecast to 2025), by manufacturers, region, type and application.This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter’s Five Forces Analysis.Download FREE Sample of this Report @ https://www.grandresearchstore.com/report-sample/global-ballast-water-treatment-equipment-2025-334The following manufacturers are covered in this report:Alfa LavalPanasiaOceanSaverQingdao SunruiJFE EngineeringNKQingdao Headway TechnologyOptimarinHyde MarineVeolia Water TechnologiesTechcrossSEcochlorIndustrie De NoraMMC Green TechnologyWartsilaNEI Treatment SystemsMitsubishi Heavy IndustriesDesmiBright SkyTrojan MarinexEvoqua Water TechnologiesBallast Water Treatment Equipment Breakdown Data by TypeUltra-VioletElectrochemicalOthersUltra-Violet had a market share of 51% in 2018.Ballast Water Treatment Equipment Breakdown Data by ApplicationBulk VesselsContainer VesselsTanker VesselsBulk Vessels is the greatest segment of Ballast Water Treatment Equipment application, with a share of 52% in 2018.Ballast Water Treatment Equipment Production by RegionNorth AmericaEuropeChinaJapanBallast Water Treatment Equipment Consumption by RegionNorth AmericaUnited StatesCanadaMexicoEuropeGermanyFranceUKItalyRussiaAsia-PacificChinaJapanSouth KoreaIndiaAustraliaIndonesiaThailandMalaysiaPhilippinesVietnamCentral & South AmericaBrazilMiddle East & AfricaTurkeyGCC CountriesEgyptSouth AfricaThe study objectives are:To analyze and research the global Ballast Water Treatment Equipment status and future forecast?involving, production, revenue, consumption, historical and forecast.To present the key Ballast Water Treatment Equipment manufacturers, production, revenue, market share, and recent development.To split the breakdown data by regions, type, manufacturers and applications.To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.To identify significant trends, drivers, influence factors in global and regions.To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.In this study, the years considered to estimate the market size of Ballast Water Treatment Equipment :History Year: 2014–2018Base Year: 2018Estimated Year: 2019Forecast Year: 2019–2025This report includes the estimation of market size for value (million USD) and volume (Unit).
Both top-down and bottom-up approaches have been used to estimate and validate the market size of Ballast Water Treatment Equipment market, to estimate the size of various other dependent submarkets in the overall market.
Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research.
All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.For the data information by region, company, type, and application, 2018 is considered as the base year.
Whenever data information was unavailable for the base year, the prior year has been considered.Get the Complete Report & TOC @ https://www.grandresearchstore.com/manufacturing-and-construction/global-ballast-water-treatment-equipment-2025-334Table of content1 Study Coverage1.1 Ballast Water Treatment Equipment Product1.2 Key Market Segments in This Study1.3 Key Manufacturers Covered1.4 Market by Type1.4.1 Global Ballast Water Treatment Equipment Market Size Growth Rate by Type1.4.2 Ultra-Violet1.4.3 Electrochemical1.4.4 Others1.5 Market by Application1.5.1 Global Ballast Water Treatment Equipment Market Size Growth Rate by Application1.5.2 Bulk Vessels1.5.3 Container Vessels1.5.4 Tanker Vessels1.6 Study Objectives1.7 Years Considered2 Executive Summary2.1 Global Ballast Water Treatment Equipment Market Size2.1.1 Global Ballast Water Treatment Equipment Revenue 2014–20252.1.2 Global Ballast Water Treatment Equipment Production 2014–20252.2 Ballast Water Treatment Equipment Growth Rate (CAGR) 2019–20252.3 Analysis of Competitive Landscape2.3.1 Manufacturers Market Concentration Ratio (CR5 and HHI)2.3.2 Key Ballast Water Treatment Equipment Manufacturers2.3.2.1 Ballast Water Treatment Equipment Manufacturing Base Distribution, Headquarters2.3.2.2 Manufacturers Ballast Water Treatment Equipment Product Offered2.3.2.3 Date of Manufacturers Enter into Ballast Water Treatment Equipment Market2.4 Key Trends for Ballast Water Treatment Equipment Markets & ProductsCONTACT US:276 5th Avenue, New York , NY 10001,United StatesInternational: (+1) 646 781 7170 / +91 8087042414Email: [email protected] Us On linkedin :- https://www.linkedin.com/company/grand-research-store/
