Ballast water has been an essential component of the ship's constancy. Ballast water is pumped in to maintain safe operating conditions throughout a voyage. It is an important for safe and efficient modern shipping operations, it may create serious environmental, economic and health issues attribute to the multitude of marine species carried in ships' ballast water.
Government initiatives toward marine environmental protection, increasing demand for petroleum products, developing healthcare concerns in shipping sector are fueling the market growth. However, continuously changes in government rules and regulations and high costs associated are hindering the growth of the market. Influenced by stringent regulations, increase in fleet ownership, and global trade in large volumes, EMEA will be the major revenue contributor to this market. Additionally, factors such as the expansion in fleet size in various countries and the decommissioning of aging vessels, also contribute to the growth of the ballast water management market in this region.
The Ballast Water Management market was valued at 13900 Million US$ in 2018 and is projected to reach 172500 Million US$ by 2025, at a CAGR of 37.0% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Ballast Water Management.
This report presents the worldwide Ballast Water Management 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.
The following manufacturers are covered in this report:
ALFA LAVAL
GEA Group
Hitachi
Veolia Water Technology
Wärtsilä
Ballast Water Management Breakdown Data by Type
Physical Disinfection
Mechanical Method
Chemical Method
Ballast Water Management Breakdown Data by Application
Automotive Machinery & Equipment
Cosmetics
Food & Beverages
Building & Infrastructure Materials
Medical & Healthcare
Mining Equipment
Ballast Water Management Production by Region
United States
Europe
China
Japan
Other Regions
Ballast Water Management Consumption by Region
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Malaysia
Philippines
Thailand
Vietnam
Europe
Germany
France
UK
Italy
Russia
Rest of Europe
Central & South America
Brazil
Rest of South America
Middle East & Africa
GCC Countries
Turkey
Egypt
South Africa
Rest of Middle East & Africa
The study objectives are:
To analyze and research the global Ballast Water Management status and future forecast,involving, production, revenue, consumption, historical and forecast.
To present the key Ballast Water Management 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 Management :
History Year: 2014 - 2018
Base Year: 2018
Estimated Year: 2019
Forecast Year: 2019 - 2025
This report includes the estimation of market size for value (million USD) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Ballast Water Management 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.
Summary:
Get latest Market Research Reports on Ballast Water Management . Industry analysis & Market Report on Ballast Water Management is a syndicated market report, published as Global Ballast Water Management Market Insights, Forecast to 2025. It is complete Research Study and Industry Analysis of Ballast Water Management market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.