Ballast Water Treatment Systems (BWTS) Industry Synopsis
Maximize Market Research, an internationally recognized business consulting agency, has released its most recent study, entitled “Ballast Water Treatment Systems (BWTS) Market.” Maximize Market Research caters to the requirements of major and medium-sized enterprises worldwide, having a sizeable customer spread across over 34 countries. Based on research experts’ observations, the Asia Pacific region presents a highly promising opportunity for Ballast Water Treatment Systems (BWTS) market and component makers in the upcoming decade. The market has a positive growth trend despite an economic slowdown, according to the report’s thorough analysis of the post-Covid lockdown performance of the market.
Market Forecast:
Ballast Water Treatment Systems (BWTS) Market is expected to grow at a CAGR of 9.11% throughout the forecast period, to reach US$ 6 Bn by 2029.
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Ballast Water Treatment Systems (BWTS) Market Extent
From 2023 to 2029, industry analysts predict a consistent growth in the Ballast Water Treatment Systems (BWTS) market. Important participants in the sector are expected to continue putting strong plans into action in order to drive swift sectoral growth in 2023.
The Ballast Water Treatment Systems (BWTS) market analysis report includes a wide range of information, including import and export consumption, supply and demand dynamics, costs, market shares, sales volumes, revenues, and gross profits. Additionally, each manufacturer involved in the Ballast Water Treatment Systems (BWTS) market is examined in detail, with respect to their manufacturing bases, capacity, production, factory prices, revenues, and market share. Several nations (regions) are covered in detail in the report, including the United States (USA), Canada, Mexico, Germany, France, the United Kingdom (UK), Russia, Italy, China, Japan, South Korea, India, Southeast Asia, Australia, Brazil, and Saudi Arabia.
Segmentation
by Technology
• Physical disinfection
• Cavitation
• Ultraviolet light
• De-oxygenation
• Others
• Mechanical systems
• Filtration
• Electro-mechanical separation
• Cyclonic separation
• Chemical treatment
• Disinfecting biocides
• Electrolytic chlorination
In terms of technology, the market for ballast water treatment systems (BWTS) was dominated by physical disinfection. Without adding any hazardous materials to the ballast water, physical disinfection aids in the removal of germs. This technique, which is used extensively throughout the world to clean ballast water, works best against a variety of organisms, including diatoms, juvenile barnacles, marine worm larvae, and juvenile bivalves. Significant benefits of physical disinfection also include its high level of efficacy and simplicity of use.
by Tank Capacity
• Less than 1,500m3
• 1,500-5,000m3
• Greater than 5,000m3
by Vessels Type
• High ballast dependent vessels
• Bulk carriers
• Tankers
• Low ballast dependent vessels
• Container ships
• General cargos
• Other vessels
by Service
• Manufacturing, installation & calibration
• Performance measurement
• Re-commissioning
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Principal Players
• Wärtsilä Corporation,
• Damen Shipyards Group
• ALFA LAVAL
• atg Evoqua (Evoqua Water Technologies)
• GenSys GmbH
• Evac
• Coldharbour Marine Ltd.
• Ecochlor
• GEA Group
• ERMA FIRST ESK Engineering S.A.
• Ferrate Treatment Technologies, LLC
• Veolia Water Technologies
• Hitachi
• Auramarine Ltd.
• Bawat a/s.
• Hyde Marine Inc.
• MH Systems Inc.
• NEI Treatment Systems
• Optimarin AS
• Mitsui Engineering & Shipbuilding Co.
• Mitsubishi Heavy Industries, Ltd.
Important inquiries addressed in the Ballast Water Treatment Systems (BWTS) Market Report are:
Ballast Water Treatment Systems (BWTS) Market: What Is It?
What is the Ballast Water Treatment Systems (BWTS) Market’s forecast period?
What level of competition does the Ballast Water Treatment Systems (BWTS) market have?
In the Ballast Water Treatment Systems (BWTS) Market, which region had the biggest market share?
What prospects does the Ballast Water Treatment Systems (BWTS) Market have?
Which issues are holding back the Ballast Water Treatment Systems (BWTS) market?
Which companies dominate the Ballast Water Treatment Systems (BWTS) market?
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Offerings that are important:
Market Size, Share, and Revenue Forecast by Year
Dynamics of the market: Opportunities for investment, constraints on growth, and important trends
A comprehensive analysis of market segmentation by Ballast Water Treatment Systems (BWTS) Market Landscape—the leading players and other notable companies.
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