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The Ballast Water Management (BWM) market is a sector within the broader environmental management industry that focuses on addressing the ecological and economic problems caused by invasive species transported by ships' ballast water. Ballast water is taken on board by ships to stabilize the vessel during transit when cargo is not present. Upon discharging this water at the port of destination, non-native species may be introduced into new ecosystems, potentially disrupting local maritime ecology and harming the environment. To counteract this, the Ballast Water Management Convention was adopted by the International Maritime Organization (IMO) which mandates ships to manage their ballast water to reduce the likelihood of invasive species spread. The BWM market provides solutions such as ballast water treatment systems that include mechanical separation, UV light treatment, and chemical disinfection, as well as services related to the installation, maintenance, and certification of these systems.
Key players in the BWM market are typically companies that specialize in water treatment technologies and maritime environmental protection services. These include Alfa Laval, which offers PureBallast water treatment systems, Wärtsilä with its Aquarius range, Evoqua Water Technologies known for their SeaCURE system, and Damen Shipyards Group, offering InvaSave mobile ballast water treatment units. Other notable companies include Hyundai Heavy Industries, which provides HiBallast systems, and Ecochlor, which offers a unique chlorine dioxide treatment technology. Show Less Read more