Ballast Water Treatment Market Insights & Depth Analysis: by Technology Physical Disinfection, Mechanical, Chemical Methods


Posted May 27, 2019 by estherwjarrell

The driving factors for the growth of this market include rise in volumes of seaborne trade and increasing government initiatives toward marine environmental protection.

 
"Ballast Water Treatment Market by Technology (Physical Disinfection, Mechanical Method, Chemical Method), Capacity, Service, Ship Type (Container Ships, Dry Bulk Carriers, Tankers, General Cargos) and Geography - Global Forecast to 2022", the market is expected to be worth USD 118.77 Billion by 2022, growing at a CAGR of 37.19% between 2017 and 2022. The driving factors for the growth of this market include rise in volumes of seaborne trade and increasing government initiatives toward marine environmental protection.
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The driving factors for the growth of this market include rise in volumes of seaborne trade and increasing government initiatives toward marine environmental protection. Container ships are a common means of commercial transport and are widely used to carry non-bulk cargo.
Ballast water treatment market, by Geography:
• North America (U.S. and Canada)
• Europe (Greece, Germany, U.K., Norway, and Rest of Europe)
• APAC (Japan, China, Singapore, and South Korea)
• RoW (South America and MEA)
The growth of this segment is mainly attributed to the rising trade volumes in the APAC region. The number of containers handled at ports in APAC has increased drastically over the years. It is primarily due to the Asian economies such as China, Singapore, Hong Kong, Japan, and South Korea, which have become world’s manufacturing powerhouses.
Major players in this industry include Wärtsilä Corporation (Finland), Xylem Inc. (U.S.), Evoqua Water Technologies LLC (U.S.), Calgon Carbon Corporation (U.S.), Ecochlor, Inc. (U.S.), Veolia Environnement S.A. (France), Alfa Laval AB (Sweden), Trojan Marinex (Canada), Mitsubishi Heavy Industries, Ltd. (Japan), atg UV Technology (U.K.), Qingdao Headway Technology Co., Ltd. (China), JFE Engineering Corporation (Japan), and Optimarin AS (Norway).
Browse 79 market tables and 53 figures spread through 159 pages on "Ballast Water Treatment Market - Global Forecast to 2022"
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Issued By Mr. Shelly Singh
Country United States
Categories Technology
Last Updated May 27, 2019