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The ballast water management market is forecasted to grow by USD 210.78 billion during 2023-2028, accelerating at a CAGR of 41.75% during the forecast period. The report on the ballast water management market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by adverse impact of untreated ballast water on marine environment, growing marine logistics business, and stringent government regulations to avoid transfer of invasive marine species.
The ballast water management market is segmented as below:
By End-user
- Container ships
- Bulk carriers
- Oil tankers
- General cargo
By Technology
- Physical disinfection
- Chemical method
- Mechanical method
By Geographical Landscape
- APAC
- Europe
- North America
- Middle East and Africa
- South America
The report on the ballast water management market covers the following areas:
- Ballast water management market sizing
- Ballast water management market forecast
- Ballast water management market industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by End-user
7 Market Segmentation by Technology
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global ballast water management market: AB SKF, ALFA LAVAL, BioMicrobics Inc., BIO UV Group, Calgon Carbon Corp., Ecochlor Inc., Evoqua Water Technologies LLC, GEA Group AG, Headway Technology Group Qingdao Co. Ltd., Industrie De Nora Spa, JFE Holdings Inc., KURARAY Co. Ltd., Mitsubishi Heavy Industries Ltd., Optimarin AS, PANASIA Co. Ltd., Samsung Electronics Co. Ltd., TECHCROSS, Veolia Environnement SA, Wartsila Corp., and Xylem Inc..Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is increasing number of sea-borne trade."
According to the report, one of the major drivers for this market is the adverse impact of untreated ballast water on marine environment.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- AB SKF
- ALFA LAVAL
- BioMicrobics Inc.
- BIO UV Group
- Calgon Carbon Corp.
- Ecochlor Inc.
- Evoqua Water Technologies LLC
- GEA Group AG
- Headway Technology Group Qingdao Co. Ltd.
- Industrie De Nora Spa
- JFE Holdings Inc.
- KURARAY Co. Ltd.
- Mitsubishi Heavy Industries Ltd.
- Optimarin AS
- PANASIA Co. Ltd.
- Samsung Electronics Co. Ltd.
- TECHCROSS
- Veolia Environnement SA
- Wartsila Corp.
- Xylem Inc.
