Market Overview:
The global ballast water management market is expected to grow at a CAGR of 10.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for clean and safe water across various industries, stringent regulations by international organizations such as IMO and EPA for the treatment of ballast water, and rising awareness about the benefits of using BWMSs. Based on type, the global ballast water management market can be segmented into physical disinfection, mechanical method, and chemical method. Physical disinfection is further sub-segmented into ultraviolet radiation (UV), ozone gas injection, thermal shock/heat treatment, and others (including pulsed electric fields (PEF) and sonication). Among these types, physical disinfection held a dominant share in 2017 owing to its ability to kill microorganisms without adding any chemicals or toxins into the environment. Chemical methods are also gaining popularity due to their high efficiency in killing microorganisms; however they pose certain environmental concerns related to toxicity levels. Based on application, automotive machinery & equipment held a dominant share in 2017 owing to increasing demand for automobiles across regions worldwide. Other major applications include cosmetics & personal care products; food & beverages; building & infrastructure materials such as paints & coatings; medical devices & implants such as pacemakers; mining equipment used in extraction of natural resources such as coal oil shale gas etc.; textiles including clothes shoes carpets etc.
Product Definition:
The discharge of ballast water and other shipboard discharges into the marine environment has been identified as a significant threat to the environment, public health and economies. Ballast water management is an approach to managing these discharges through regulation, technology and operational changes in order to protect the environment.
Physical Disinfection:
Physical Disinfection is the process of treating contaminated water with chemicals or physical methods to kill microorganisms. The most common types of physical disinfection are oxidation, ultraviolet (UV), and hydrogen peroxide (H2O2). Physical disinfectants are used for various applications such as water treatment, municipal wastewater treatment, hospital waste management and food processing industry.
Mechanical Method:
The mechanical method is used to estimate the total number of fish in a given volume of ballast water. This method involves the use of devices such as otoliers, refractometers, and flow meters. The main objective behind using this device is to count the number of fish in order to determine if there are sufficient numbers present for licensing requirements or not.
This device also helps in determining if there are any aquatic species present which may be affected by pollution.
Application Insights:
The automotive machinery & equipment segment accounted for the largest revenue share in 2017 and is projected to expand at a CAGR of XX% over the forecast period. Ballast water, also known as dry bulk, is used in manufacturing cars, trucks and other vehicles that are sold across various regions of the world. The use of ballast water helps reduce operating costs by reducing freshwater requirements for cooling purposes. Furthermore, it helps conserve energy by lowering air conditioning requirements during hot summer months when demand increases on production lines across various industries worldwide.
Automotive machinery & equipment manufacturers require efficient wastewater treatment systems to manufacture quality products with low operational costs while maintaining high product quality standards set forth by regulatory bodies worldwide including ULEZ (Ultra-Low Emissions Vehicle) regulations implemented throughout Europe.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to witness a considerable growth rate of 5.4% over the forecast period, owing to increasing awareness regarding water conservation and Ballast Water Management System (BWMS) installation in vessels, especially for cruise ships and other commercial vessels. Moreover, stringent regulations by various regulatory bodies such as U.
Growth Factors:
- Stringent environmental regulations by the International Maritime Organization (IMO) for controlling the spread of aquatic invasive species in ships' ballast water is expected to drive the growth of global ballast water management market during forecast period.
- Increasing demand for maritime transportation and trade is also anticipated to propel the growth of global ballast water management market over next few years.
- Growing concerns among ship owners regarding compliance with environmental regulations is projected to fuel demand for BWMS in coming years.
- Proliferation of new and advanced technologies in ballast water management systems is expected to offer lucrative opportunities for players operating in this market over forecast period .
Scope Of The Report
Report Attributes
Report Details
Report Title
Ballast Water Management Market Research Report
By Type
Physical Disinfection, Mechanical Method, Chemical Method
By Application
Automotive Machinery & Equipment, Cosmetics, Food & Beverages, Building & Infrastructure Materials, Medical & Healthcare, Mining Equipment
By Companies
ALFA LAVAL, GEA Group, Hitachi, Veolia Water Technology, Wärtsilä, ...
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
239
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Ballast Water Management Market Report Segments:
The global Ballast Water Management market is segmented on the basis of:
Types
Physical Disinfection, Mechanical Method, Chemical Method
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Automotive Machinery & Equipment, Cosmetics, Food & Beverages, Building & Infrastructure Materials, Medical & Healthcare, Mining Equipment
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- ALFA LAVAL
- GEA Group
- Hitachi
- Veolia Water Technology
- Wärtsilä
- ...
Highlights of The Ballast Water Management Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Physical Disinfection
- Mechanical Method
- Chemical Method
- By Application:
- Automotive Machinery & Equipment
- Cosmetics
- Food & Beverages
- Building & Infrastructure Materials
- Medical & Healthcare
- Mining Equipment
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Ballast Water Management Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Ballast water management is the practice of managing the ballast water of a vessel in order to maintain stability and optimize performance.
Some of the major players in the ballast water management market are ALFA LAVAL, GEA Group, Hitachi, Veolia Water Technology, WƒÂ¤rtsilƒÂ¤.
The ballast water management market is expected to grow at a compound annual growth rate of 10.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Ballast Water Management Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Ballast Water Management Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Ballast Water Management Market - Supply Chain
4.5. Global Ballast Water Management Market Forecast
4.5.1. Ballast Water Management Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Ballast Water Management Market Size (000 Units) and Y-o-Y Growth
4.5.3. Ballast Water Management Market Absolute $ Opportunity
5. Global Ballast Water Management Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Ballast Water Management Market Size and Volume Forecast by Type
5.3.1. Physical Disinfection
5.3.2. Mechanical Method
5.3.3. Chemical Method
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Ballast Water Management Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Ballast Water Management Market Size and Volume Forecast by Application
6.3.1. Automotive Machinery & Equipment
6.3.2. Cosmetics
6.3.3. Food & Beverages
6.3.4. Building & Infrastructure Materials
6.3.5. Medical & Healthcare
6.3.6. Mining Equipment
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Ballast Water Management Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Ballast Water Management Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Ballast Water Management Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Ballast Water Management Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Ballast Water Management Demand Share Forecast, 2019-2029
9. North America Ballast Water Management Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Ballast Water Management Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Ballast Water Management Market Size and Volume Forecast by Application
9.4.1. Automotive Machinery & Equipment
9.4.2. Cosmetics
9.4.3. Food & Beverages
9.4.4. Building & Infrastructure Materials
9.4.5. Medical & Healthcare
9.4.6. Mining Equipment
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Ballast Water Management Market Size and Volume Forecast by Type
9.7.1. Physical Disinfection
9.7.2. Mechanical Method
9.7.3. Chemical Method
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Ballast Water Management Demand Share Forecast, 2019-2029
10. Latin America Ballast Water Management Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Ballast Water Management Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Ballast Water Management Market Size and Volume Forecast by Application
10.4.1. Automotive Machinery & Equipment
10.4.2. Cosmetics
10.4.3. Food & Beverages
10.4.4. Building & Infrastructure Materials
10.4.5. Medical & Healthcare
10.4.6. Mining Equipment
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Ballast Water Management Market Size and Volume Forecast by Type
10.7.1. Physical Disinfection
10.7.2. Mechanical Method
10.7.3. Chemical Method
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Ballast Water Management Demand Share Forecast, 2019-2029
11. Europe Ballast Water Management Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Ballast Water Management Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Ballast Water Management Market Size and Volume Forecast by Application
11.4.1. Automotive Machinery & Equipment
11.4.2. Cosmetics
11.4.3. Food & Beverages
11.4.4. Building & Infrastructure Materials
11.4.5. Medical & Healthcare
11.4.6. Mining Equipment
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Ballast Water Management Market Size and Volume Forecast by Type
11.7.1. Physical Disinfection
11.7.2. Mechanical Method
11.7.3. Chemical Method
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Ballast Water Management Demand Share, 2019-2029
12. Asia Pacific Ballast Water Management Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Ballast Water Management Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Ballast Water Management Market Size and Volume Forecast by Application
12.4.1. Automotive Machinery & Equipment
12.4.2. Cosmetics
12.4.3. Food & Beverages
12.4.4. Building & Infrastructure Materials
12.4.5. Medical & Healthcare
12.4.6. Mining Equipment
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Ballast Water Management Market Size and Volume Forecast by Type
12.7.1. Physical Disinfection
12.7.2. Mechanical Method
12.7.3. Chemical Method
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Ballast Water Management Demand Share, 2019-2029
13. Middle East & Africa Ballast Water Management Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Ballast Water Management Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Ballast Water Management Market Size and Volume Forecast by Application
13.4.1. Automotive Machinery & Equipment
13.4.2. Cosmetics
13.4.3. Food & Beverages
13.4.4. Building & Infrastructure Materials
13.4.5. Medical & Healthcare
13.4.6. Mining Equipment
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Ballast Water Management Market Size and Volume Forecast by Type
13.7.1. Physical Disinfection
13.7.2. Mechanical Method
13.7.3. Chemical Method
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Ballast Water Management Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Ballast Water Management Market: Market Share Analysis
14.2. Ballast Water Management Distributors and Customers
14.3. Ballast Water Management Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. ALFA LAVAL
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. GEA Group
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Hitachi
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Veolia Water Technology
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Wärtsilä
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. ...
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. COMPANY7
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. COMPANY8
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
