Ballast Water Treatment: Technologies and Global Markets

Table of Contents

Chapter 1 Introduction
1.1 Market Definition
1.2 Study Goals and Objectives
1.3 Reasons for Doing this Study
1.4 What's New in this Update?
1.5 Scope of Report
1.6 Research Methodology
1.7 Geographic Breakdown
1.8 Analyst's Credentials
1.9 Custom Research
1.10 Related Research Reports

Chapter 2 Executive Summary

Chapter 3 Market Overview
3.1 Market Definition
3.2 Ballast Water Needs, Vessel Types and Typical Pumping Rates
3.3 Unwanted Species Found in Ballast Water
3.4 Adverse Impacts Caused by Aquatic Nuisance Species
3.4.1 Environmental Effects
3.4.2 Economic Effects
3.4.3 Public Health Effects

Chapter 4 Market Dynamics
4.1 Market Drivers
4.1.1 Impact of Regulations on Industry
4.1.2 Vessel Age and Replacement
4.1.3 Increase in Maritime Trade
4.1.4 Technological Advancements
4.2 Market Restraints
4.2.1 High Cost of Bwms
4.2.2 Limited Infrastructure
4.3 Market Opportunities
4.3.1 Retrofitting of Existing Vessels
4.3.2 Market Expansion
4.4 Market Challenges
4.4.1 Ballast-Free Ships
4.4.2 Cyber Security Issues in Ballast Water Treatment Systems
4.5 Megatrends

Chapter 5 Regulatory Framework
5.1 Imo Convention Standards
5.1.1 Recognized Organizations for Ballast Water Management
5.2 Epa Regulations
5.3 U.S. Coast Guard
5.4 Implementation Schedule
5.4.1 U.S. Coast Guard-Approved Systems
5.4.2 Regional Regulations
5.4.3 Ratifying States
5.4.4 Approval Process for Ballast Water Treatment Systems
5.5 Selecting a Ballast Water Treatment System

Chapter 6 Impact Analysis of Macroeconomic Factors
6.1 Impact of the Covid-19 Pandemic
6.2 Impact of the Russia-Ukraine War

Chapter 7 Primary Responses
7.1 Uri Keshet Lan, Ecochlor
7.2 Giles Candy, Giles Environment LLC
7.3 Espen Torp, Aker Solutions
7.4 Mathachan Jose (Matt), Aries Marine and Engineering Services

Chapter 8 Treatment Technologies Overview
8.1 Solid-Liquid Separation
8.1.1 Hydrocyclonic Separation
8.1.2 Surface Filtration
8.1.3 Chemical Enhancement
8.2 Disinfection
8.3 Physical Enhancement
8.3.1 Ultrasonic Treatment/Cavitation
8.3.2 Residuals Management
8.3.3 Chemical Reduction (Sulfite/Bisulfite)
8.3.4 Physical (Systems Not Using Active Substances)
8.3.5 Uv Irradiation
8.3.6 Treatment Technology Factors
8.3.7 Chemical Treatment
8.4 Ship and Vessel Service Characteristics
8.4.1 Ship Type and Capacity
8.4.2 Ballast Water Handling Practices
8.4.3 Ballast Water Characteristics
8.4.4 Ballast System Characteristics
8.4.5 General Treatment System Considerations
8.4.6 Challenges for Installation Engineering
8.4.7 Obtaining As-Built Vessel Information
8.5 Making a Treatment System Selection

Chapter 9 Cost Overview

Chapter 10 Global Ballast Water Treatment Systems Market by Technology Type
10.1 Market Size and Growth of Ballast Water Treatment Systems, by Technology Type

Chapter 11 Global Ballast Water Treatment Systems Market by Ballast Water Capacity
11.1 Market Size and Growth for Ballast Water Treatment Systems, by Ballast Water Capacity

Chapter 12 Global Ballast Water Treatment Systems Market by Ship Type
12.1 Market Size and Growth of Ballast Water Treatment Systems, by Ship Type

Chapter 13 Global Ballast Water Treatment Systems Market by Installation
13.1 Market Size and Growth of Ballast Water Treatment Systems, by Installation

Chapter 14 Global Ballast Water Treatment Systems Market by Region
14.1 Market Size and Growth for Ballast Water Treatment Systems, by Region
14.2 North America
14.2.1 Trade Economics: Sea Route
14.2.2 Shipbuilding Industry
14.2.3 North America Ballast Water Treatment Market, by Country
14.2.4 North America Ballast Water Treatment Market, by Technology Type
14.2.5 North America Ballast Water Treatment Market, by Ballast Water Capacity
14.2.6 North America Ballast Water Treatment Market, by Vessel Type
14.2.7 North America Ballast Water Treatment Market, by Installation
14.3 Europe
14.3.1 Trade Economics: Sea Route
14.3.2 Shipbuilding Industry
14.3.3 Europe Ballast Water Treatment Market, by Country
14.3.4 Europe Ballast Water Treatment Market, by Technology Type
14.3.5 Europe Ballast Water Treatment Market, by Ballast Water Capacity
14.3.6 Europe Ballast Water Treatment Market, by Vessel Type
14.3.7 Europe Ballast Water Treatment Market, by Installation
14.4 Asia-Pacific
14.4.1 Trade Economics: Sea Route
14.4.2 Shipbuilding Industry
14.4.3 APAC Ballast Water Treatment Market, by Country
14.4.4 APAC Ballast Water Treatment Market, by Technology Type
14.4.5 APAC Ballast Water Treatment Market, by Ballast Water Capacity
14.4.6 APAC Ballast Water Treatment Market, by Vessel Type
14.4.7 APAC Ballast Water Treatment Market, by Installation
14.5 Rest of the World
14.5.1 Trade Economics: Sea Route
14.5.2 Shipbuilding Industry
14.5.3 Row Ballast Water Treatment Market, by Country
14.5.4 Row Ballast Water Treatment Market, by Technology Type
14.5.5 Row Ballast Water Treatment Market, by Ballast Water Capacity
14.5.6 Row Ballast Water Treatment Market, by Vessel Type
14.5.7 Row Ballast Water Treatment Market, by Installation

Chapter 15 Patent Analysis
15.1 Patent Review
15.1.1 Patent Review, by Year
15.1.2 Patent Review, by Applicant
15.1.3 Patent Review, by Country

Chapter 16 Overview of Merchant Vessels Fleet by Vessel Type
16.1 Global Merchant Fleet
16.1.1 General Cargo Ships
16.1.2 Tankers
16.1.3 Bulk Carriers
16.1.4 Passenger Ships
16.1.5 Container Ships

Chapter 17 Competitive Landscape
17.1 Product Approval Status by Imo
17.2 Recent Developments

Chapter 18 Company Profiles

• Alfa Laval
• Bio-Uv
• Bio-Microbics Inc.
• Ecochlor Inc.
• Evoqua Water Technologies Corp.
• Industrie De Nora S.P.A.
• Jfe Engineering Corp.
• Kuraray Co. Ltd.
• Mitsubishi Kakoki Kaisha Ltd.
• Miura Co.
• Nk Company Ltd.
• Optimarin As
• Panasia Co. Ltd.
• Techcross Ltd.
• Wartsila

18.1 Other Players

Chapter 19 Appendix: Abbreviations

List of Tables
Summary Table: Global Market for Ballast Water Treatment Technologies, by Technology Type, Through 2027
Table 1: Ballast Water Needs, Vessel Types and Typical Pumping Rates
Table 2: Top 10 Most Unwanted Species Carried in Ballast Water
Table 3: Adverse Impacts Caused, by Aquatic Nuisance Species
Table 4: Status of the IMO Convention, Signatory States and Estimated Number of Ships, by Country, 2022
Table 5: BWM Convention Performance Standards
Table 6: Schedule for Ballast Water Management Convention, 2017-2024
Table 7: Recognized Organizations for Ballast Water Management, 2023
Table 8: Implementation Schedule for U.S. Coast Guard-Approved Ballast Water Management Methods
Table 9: Regulatory Overview of Other Countries
Table 10: Ratifying States, 2022
Table 11: Comparison of Disinfection Methods
Table 12: Ballast Water Capacity and Ballast Pump Rate, by Vessel Type, 2011
Table 13: Suitability of a Ballast Water System Type to a Vessel Type
Table 14: Global Market for Ballast Water Treatment Technologies, by Technology Type, Through 2027
Table 15: Global Market for Ballast Water Treatment Systems, by Ballast Water Capacity, Through 2027
Table 16: Global Market for Ballast Water Treatment Systems, by Vessel Type, Through 2027
Table 17: Global Market for Ballast Water Treatment Systems, by Installation Type, Through 2027
Table 18: Global Market for Ballast Water Treatment Systems, by Region, Through 2027
Table 19: North American Ballast Water Treatment Market, by Country, Through 2027
Table 20: North American Ballast Water Treatment Market, by Technology Type, Through 2027
Table 21: North American Ballast Water Treatment Market, by Ballast Water Capacity, Through 2027
Table 22: North American Ballast Water Treatment Market, by Vessel Type, Through 2027
Table 23: North American Ballast Water Treatment Market, by Installation, Through 2027
Table 24: European Ballast Water Treatment Market, by Country, Through 2027
Table 25: European Ballast Water Treatment Market, by Technology Type, Through 2027
Table 26: European Ballast Water Treatment Market, by Ballast Water Capacity, Through 2027
Table 27: European Ballast Water Treatment Market, by Vessel Type, Through 2027
Table 28: European Ballast Water Treatment Market, by Installation, Through 2027
Table 29: APAC Ballast Water Treatment Market, by Country, Through 2027
Table 30: APAC Ballast Water Treatment Market, by Technology Type, Through 2027
Table 31: APAC Ballast Water Treatment Market, by Ballast Water Capacity, Through 2027
Table 32: APAC Ballast Water Treatment Market, by Vessel Type, Through 2027
Table 33: APAC Ballast Water Treatment Market, by Installation, Through 2027
Table 34: RoW Ballast Water Treatment Market, by Country, Through 2027
Table 35: RoW Ballast Water Treatment Market, by Technology, Through 2027
Table 36: RoW Ballast Water Treatment Market, by Ballast Water Capacity, Through 2027
Table 37: RoW Ballast Water Treatment Market, by Vessel Type, Through 2027
Table 38: RoW Ballast Water Treatment Market, by Installation, Through 2027
Table 39: Patents Issued on Ballast Water Treatment Technologies, by Year, 2018-2022
Table 40: Patents Issued on Ballast Water Treatment Technologies, by Applicant*, 2018-2022
Table 41: Patents Issued on Ballast Water Treatment Technologies, by Country, 2018-2022
Table 42: Ballast Water Management Systems Using Active Substances that Have Received Basic and/or Final IMO Approval
Table 43: Recent Developments, Global Ballast Water Treatment Technologies Market, 2020-2022
Table 44: Alfa Laval: Company Overview and Snapshot
Table 45: Alfa Laval: Product Description
Table 46: BIO-UV: Company Overview and Snapshot
Table 47: BIO-UV: Product Description
Table 48: BioMicrobics Inc.: Company Overview and Snapshot
Table 49: BioMicrobics Inc.: Product Description
Table 50: Ecochlor Inc.: Company Overview and Snapshot
Table 51: Ecochlor Inc.: Product Description
Table 52: Evoqua Water Technologies Corp.: Company Overview and Snapshot
Table 53: Evoqua Water Technologies Corp.: Product Description
Table 54: Industrie de Nora S.p.A.: Company Overview and Snapshot
Table 55: Industrie de Nora S.p.A.: Product Description
Table 56: JFE Engineering Corp.: Company Overview and Snapshot
Table 57: JFE Engineering Corp.: Product Description
Table 58: Kuraray Co., Ltd.: Company Overview and Snapshot
Table 59: Kuraray Co., Ltd.: Product Description
Table 60: Mitsubishi Kakoki Kaisha Ltd.: Company Overview and Snapshot
Table 61: Mitsubishi Kakoki Kaisha Ltd.: Product Description
Table 62: Miura Co.: Company Overview and Snapshot
Table 63: Miura Co.: Product Description
Table 64: NK Co., Ltd.: Company Overview and Snapshot
Table 65: NK Co., Ltd.: Product Description
Table 66: Optimarin AS: Company Overview and Snapshot
Table 67: Optimarin AS: Product Description
Table 68: Panasia Co., Ltd.: Company Overview and Snapshot
Table 69: Panasia Co., Ltd.: Product Description
Table 70: Techcross Ltd.: Company Overview and Snapshot
Table 71: Techcross Ltd.: Product Description
Table 72: Wartsila: Company Overview and Snapshot
Table 73: Wartsila: Product Description
Table 74: Other Players in the Global Ballast Water Treatment Technologies Market
Table 75: Abbreviations Used in This Report

List of Figures
Summary Figure: Global Market for Ballast Water Treatment Technologies, by Technology Type, 2021-2027
Figure 1: Invasion Curve
Figure 2: Approval Pathway for Ballast Water Management Systems
Figure 3: Ballast Water Treatment Technologies
Figure 4: Global Market Shares of Ballast Water Treatment Systems, by Technology Type, 2021
Figure 5: Global Market Shares of Ballast Water Treatment Systems, by Technology, 2027
Figure 6: Global Market Shares of Ballast Water Treatment Systems, by Ballast Water Capacity, 2021
Figure 7: Global Market Shares of Ballast Water Treatment Systems, by Ballast Water Capacity, 2027
Figure 8: Global Market Shares of Ballast Water Treatment Systems, by Vessel Type, 2021
Figure 9: Global Market Shares of Ballast Water Treatment Systems, by Vessel Type, 2027
Figure 10: Global Market Shares of Ballast Water Treatment Systems, by Installation Type, 2021
Figure 11: Global Market Shares of Ballast Water Treatment Systems, by Installation Type, 2027
Figure 12: Global Market for Ballast Water Treatment Systems, by Region, 2021-2027
Figure 13: North American Market Shares for Ballast Water Treatment Systems, by Country, 2021
Figure 14: North American Market Shares for Ballast Water Treatment Systems, by Country, 2027
Figure 15: North American Market Shares for Ballast Water Treatment Systems, by Technology Type, 2021
Figure 16: North American Market Shares for Ballast Water Treatment Systems, by Technology Type, 2027
Figure 17: North American Market Shares for Ballast Water Treatment Systems, by Ballast Water Capacity, 2021
Figure 18: North American Market Shares for Ballast Water Treatment Systems, by Ballast Water Capacity, 2027
Figure 19: North American Market Shares for Ballast Water Treatment Systems, by Vessel Type, 2021
Figure 20: North American Market Shares for Ballast Water Treatment Systems, by Vessel Type, 2027
Figure 21: North American Market Shares for Ballast Water Treatment Systems, by Installation, 2021
Figure 22: North American Market Shares for Ballast Water Treatment Systems, by Installation, 2027
Figure 23: European Market Shares for Ballast Water Treatment Systems, by Country, 2021
Figure 24: European Market Shares for Ballast Water Treatment Systems, by Country, 2027
Figure 25: European Market Shares for Ballast Water Treatment Systems, by Technology Type, 2021
Figure 26: European Market Shares for Ballast Water Treatment Systems, by Technology Type, 2027
Figure 27: European Market Shares for Ballast Water Treatment Systems, by Ballast Water Capacity, 2021
Figure 28: European Market Shares for Ballast Water Treatment Systems, by Ballast Water Capacity, 2027
Figure 29: European Market Shares for Ballast Water Treatment Systems, by Vessel Type, 2021
Figure 30: European Market Shares for Ballast Water Treatment Systems, by Vessel Type, 2027
Figure 31: European Market Shares for Ballast Water Treatment Systems, by Installation, 2021
Figure 32: European Market Shares for Ballast Water Treatment Systems, by Installation, 2027
Figure 33: APAC Market Shares for Ballast Water Treatment Systems, by Country, 2021
Figure 34: APAC Market Shares for Ballast Water Treatment Systems, by Country, 2027
Figure 35: APAC Market Shares for Ballast Water Treatment Systems, by Technology Type, 2021
Figure 36: APAC Market Shares for Ballast Water Treatment Systems, by Technology, 2027
Figure 37: APAC Market Shares for Ballast Water Treatment Systems, by Ballast Water Capacity, 2021
Figure 38: APAC Market Shares for Ballast Water Treatment Systems, by Ballast Water Capacity, 2027
Figure 39: APAC Market Shares for Ballast Water Treatment Systems, by Vessel Type, 2021
Figure 40: APAC Market Shares for Ballast Water Treatment Systems, by Vessel Type, 2027
Figure 41: APAC Market Shares for Ballast Water Treatment Systems, by Installation, 2021
Figure 42: APAC Market Shares for Ballast Water Treatment Systems, by Installation, 2027
Figure 43: RoW Market Shares for Ballast Water Treatment Systems, by Country, 2021
Figure 44: RoW Market Shares for Ballast Water Treatment Systems, by Country, 2027
Figure 45: RoW Market Shares for Ballast Water Treatment Systems, by Technology, 2021
Figure 46: RoW Market Shares for Ballast Water Treatment Systems, by Technology, 2027
Figure 47: RoW Market Shares for Ballast Water Treatment Systems, by Ballast Water Capacity, 2021
Figure 48: RoW Market Shares for Ballast Water Treatment Systems, by Ballast Water Capacity, 2027
Figure 49: RoW Market Shares for Ballast Water Treatment Systems, by Vessel Type, 2021
Figure 50: RoW Market Shares for Ballast Water Treatment Systems, by Vessel Type, 2027
Figure 51: RoW Market Shares for Ballast Water Treatment Systems, by Installation, 2021
Figure 52: RoW Market Shares for Ballast Water Treatment Systems, by Installation, 2027
Figure 53: Patents Issued on Ballast Water Treatment Technologies, by Year, 2018-2022
Figure 54: Patents Issued on Ballast Water Treatment Technologies, by Applicant*, 2018-2022
Figure 55: Patents Issued on Ballast Water Treatment Technologies, by Country, 2018-2022
Figure 56: Global Market Shares of Vessels, by Region, 2022
Figure 57: Alfa Laval: Revenue Analysis, 2020 and 2021
Figure 58: Alfa Laval: Market Shares, by Business Segment, 2021
Figure 59: Alfa Laval: Regional Shares, 2021
Figure 60: BIO-UV: Revenue Analysis, 2020 and 2021
Figure 61: BIO-UV: Market Shares, by Business Segment, 2021
Figure 62: BIO-UV: Regional Shares, 2021
Figure 63: Evoqua Water Technologies Corp.: Revenue Analysis, 2020 and 2021
Figure 64: Evoqua Water Technologies Corp.: Market Shares, by Business Segment, 2021
Figure 65: Evoqua Water Technologies Corp.: Regional Shares, 2021
Figure 66: Industrie de Nora S.p.A.: Revenue Analysis, 2020 and 2021
Figure 67: Industrie de Nora S.p.A.: Market Shares, by Business Segment, 2021
Figure 68: Industrie de Nora S.p.A.: Regional Shares, 2021
Figure 69: JFE Engineering Corp.: Revenue Analysis, 2020 and 2021
Figure 70: Kuraray Co., Ltd.: Revenue Analysis, 2020 and 2021
Figure 71: Kuraray Co., Ltd.: Market Shares, by Business Segment, 2021
Figure 72: Kuraray Co., Ltd.: Regional Shares, 2021
Figure 73: Mitsubishi Kakoki Kaisha Ltd.: Revenue Analysis, 2020 and 2021
Figure 74: Mitsubishi Kakoki Kaisha Ltd.: Market Shares, by Business Segment, 2021
Figure 75: Mitsubishi Kakoki Kaisha Ltd.: Regional Shares, 2021
Figure 76: Miura Co.: Revenue Analysis, 2020 and 2021
Figure 77: Miura Co.: Market Shares, by Business Segment, 2021
Figure 78: Miura Co.: Regional Shares, 2021
Figure 79: NK Co., Ltd.: Revenue Analysis, 2020 and 2021
Figure 80: Wartsila: Revenue Analysis, 2020 and 2021
Figure 81: Wartsila: Market Shares, by Business Segment, 2021
Figure 82: Wartsila: Regional Shares, 2021

Executive Summary

Approximately 80% of the global trade volume is transported by ship. In many cases, half of a given voyage must be undertaken in ballast conditions to compensate for the absence of cargo. Many types of vessels carry ballast water. The origin of the word “ballast” is derived from an early Dutch word meaning “useless load.”

Nearly 5 billion tons of ballast water is globally transported through shipping vessels each year. According to the research paper titled “Diagnostics in Ballast Water Management” published in EDP Sciences, the amount of transported ballast water in a cargo ship ranges from 1,500 cubic meters to more than 5,000 cubic meters, depending on the cargo ship size. The transfer of aquatic nuisance species in ballast water is a problem that affects global shipping and the environment. The International Maritime Organization (IMO), federal agencies, including the Environmental Protection Agency (EPA) and the U.S. Coast Guard (USCG), along with local authorities, have established or will soon implement standards that limit the presence of problematic organisms that can be discharged along with ballast water.

Marine Environment Protection Committee (MEPC) by IMO was first discussed in 1991, and according to data published by the United Nations Conference on Trade and Development (UNCTAD), as of June 2021, 18,925 ballast water treatment systems were installed on ocean-going vessels. The required number of states have ratified the IMO treaty, leaving less than 1% of global tonnage from various states to ratify the treaty for it to become international law. Market projections show that the industry will witness intensive growth in installations of ballast water treatment systems in order for the shipping industry to achieve the deadline of September 8, 2024, for compliance with the ballast water management convention.

In 2022, UNCTAD listed 102,899 global ships. IMO currently has 175 member states with three associate members. The North American market, led by the U.S., is forecast to make the earliest treatment system purchases, as EPA and USGC standards will come into force before those of the IMO. USCG rules will largely mirror those developed by the IMO so that U.S. and international ballast water requirements will already be harmonized once the IMO convention comes into force. Marketwise, this will have a small effect, as U.S.-flagged ships make up a small part of the global fleet. This will, however, have a significant impact on foreign vessels entering U.S. waters.

For market predictions in relation to ship types and technology, the overall growth or decline in shipbuilding and the current fleet makeup will play a role, as larger ships requiring more ballast will require more expensive systems and will operate better using different technology, mainly electrochlorination versus ultraviolet (UV) light. This will further impact those companies that offer competitive systems within these realms.

The ballast water treatment market also consists of equipment to retrofit existing vessels and equipment for new-build ships. These distinct market segments have some differences, but they do share certain purchasing decision factors. Capital equipment expense is the most critical element for new-builds, whereas the total cost of ownership is the most important factor for retrofits.

Companies Mentioned

• Alfa Laval
• Bio-Uv
• Bio-Microbics Inc.
• Ecochlor Inc.
• Evoqua Water Technologies Corp.
• Industrie De Nora S.P.A.
• Jfe Engineering Corp.
• Kuraray Co. Ltd.
• Mitsubishi Kakoki Kaisha Ltd.
• Miura Co.
• Nk Company Ltd.
• Optimarin As
• Panasia Co. Ltd.
• Techcross Ltd.
• Wartsila