Global Ballast Water Management Market 2017 - 2025 | Xylem Inc., Wärtsilä Corporation, Evoqua Water Technologies LLC, Ecochlor, Inc., Calgon Carbon Corporation, Veolia Environnement S.A.

ResearchMoz presents Professional and In-depth Study of "Ballast Water Management Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 - 2025" with coming years Industries Trends, Projections of Global Growth, Major Key Player and Case Study, Review, Share, Size, Effect.
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Vessels use seawater onboard for stability, which has a distinct marine environment affect with indigenous marine life and aquatic microbes. Releasing of untreated ballast water in the vessels may disturb the indigenous ecosystem. Thus, ballast water management aims at reducing the destructive effects of ballast water disposal. In February 2004, the International Maritime Organization (IMO) adopted a convention for the management, sedimentation, and control of ballast water. Increase in the regulations of IMO and growth in the trade volume of the shipping industry are estimated to drive the global ballast water management market. Other stringent government regulations such as oil & chemical spills, introduction of aquatic invasive species, and unauthorized ocean dumping are anticipated to boost the usage of ballast water treatment systems. This is projected to fuel the global ballast water management market. 
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The ballast water management market for subsea vessels can be segmented based on technology, capacity, by services, and by ship type. Based on technology, the ballast water management market can be divided into physical disinfection, mechanical method, and chemical method. The physical disinfection segment is projected to lead the ballast water management market during the forecast period. Physical disinfection is more and is used to treat ballast water.

Physical disinfection is a key technology due to its various advantages such as high level of efficiency and ease of operation. Based on capacity, the ballast water management market can be classified into less than 1,500 m3, between 1,500m3 – 5,000 m3, and more than 5,000 m3. In terms of services, the ballast water management market can be bifurcated into installation and calibration, performance measurement, and re-commissioning. Based on the ship type, the ballast water management market can be segmented into dry bulk, container ships, carriers, general cargos, tankers, and others.

Container ships are widely used for commercial transportation in order to carry non-bulk cargo. They are used to transport a variety of goods such as manufactured goods, commodities, and refrigerated goods. Expansion of the container ship segment can be primarily attributed to the increasing trade volumes in Asia Pacific. Developing economies of Asia Pacific such as Singapore, China, Hong Kong, South Korea, and Japan, which have become global manufacturing powerhouses, are projected to lead the container ship segment in the ballast water management market.

Based on region, the ballast water management market can be segmented into North America, Latin America, Asia Pacific, Europe, and Middle East & Africa. Asia Pacific dominates the global ballast water management market due to the prevalence of stringent IMO regulations in the region and the rise in focus on conservation of the environment. Asia Pacific is a key market for ballast water management systems, followed by North America and Europe. Increasing sales and production of ballast water treatment systems owing to increase in trade of cosmetics, automotive machinery & equipment, food & beverages, medical & healthcare, mining equipment, and building & infrastructure materials.

This increasing production and sales of ballast water treatment will lead to drive ballast water management market in Asia Pacific region. Asia Pacific, comprising developing countries such as China, Japan, Singapore, and South Korea, has a huge potential for the ballast water management market. Increase in trade of chemicals and other goods and rise in acceptance of IMO regulations are the key drivers of the ballast water management market in the region.

Key players operating in the global ballast water management market include Xylem Inc., Wärtsilä Corporation, Evoqua Water Technologies LLC, Ecochlor, Inc., Calgon Carbon Corporation, Veolia Environnement S.A., Trojan Marinex, Alfa Laval AB, Mitsubishi Heavy Industries, Ltd., Qingdao Headway Technology Co., Ltd., atg UV Technology, Optimarin AS, and JFE Engineering Corporation.

- The study is a source of reliable data on:
Market segments and sub-segments
Market trends and dynamics
Supply and demand
Market size
Current trends/opportunities/challenges
Competitive landscape
Technological breakthroughs
Value chain and stakeholder analysis
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A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

- Highlights of the report:
A complete backdrop analysis, which includes an assessment of the parent market
Important changes in market dynamics
Market segmentation up to the second or third level
Historical, current, and projected size of the market from the standpoint of both value and volume
Reporting and evaluation of recent industry developments
Market shares and strategies of key players
Emerging niche segments and regional markets
An objective assessment of the trajectory of the market

Continue.....07 Sep 18

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