According to a market report by Lucintel, the future of the ballast water treatment market looks promising with opportunities in the physical disinfection, mechanical method, and chemical methods. The ballast water treatment market is expected to grow with a CAGR of 37% from 2019 to 2024. The major drivers for this market are government initiatives towards marine environmental protection, rise in volumes of seaborne trade, and emerging healthcare concern in the shipping industry.
In this market, physical disinfection, mechanical method, and chemical methods are the major technology types. Within the ballast water treatment market, container ships, dry bulk carriers, tankers, and general cargos are the major ship types.
Wärtsilä, Calgon Carbon, Alfa Laval, Xylem, Evoqua Water Technologies, Veolia Environment, Mitsubishi Heavy Industries, Ecochlor, Optimarin, Qingdao Headway Technology are among the major suppliers in the ballast water treatment market.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the ballast water treatment market by technology, capacity, ship type, service, and region. Lucintel has prepared a comprehensive research report entitled “Ballast Water Treatment market 2019-2024: Trends, Forecast, and Opportunity Analysis.” This Lucintel report serves as a catalyst for growth strategy as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes a forecast for the ballast water treatment market by technology, capacity, service, ship type, and region as follows:
By Technology [$M shipment analysis for 2013 - 2024]:
• Physical disinfection
• Mechanical method
• Chemical method
By Capacity [$M shipment analysis for 2013 - 2024]:
• Less than 1,500 m3
• 1,500–5,000 m3
• More than 5,000 m3
By Service [$M shipment analysis for 2013 - 2024]:
• Installation and calibration
• Performance measurement
• Recommissioning
By Ship Type [$M shipment analysis for 2013 - 2024]
• Container ships
• Dry bulk carriers
• Tankers
• General cargos
• Others
By Region [$M shipment analysis for 2013 – 2024]:
• North America
– United States
– Canada
– Mexico
• Europe
– Germany
– UK
– Italy
• Asia Pacific
– China
– Japan
– India
• Rest of the World

A more than 150 pages research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or visit us at [email protected].
About Lucintel
Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision makers in a variety of industries. For further information, visit www.lucintel.com.

This report answers following 11 key questions:
Q.1 What are some of the most promising potential, high-growth opportunities for the ballast water treatment market by ballast water treatment market by technology (physical disinfection, mechanical method, chemical method), by capacity (less than 1,500 m3, 1,500–5,000 m3, more than 5,000 m3), by service (installation and calibration, performance measurement, recommissioning), by ship type (container ships, dry bulk carriers, tankers, general cargos, others), and by region type (North America, Europe, APAC, and ROW)?
Q.2 which segments will grow at a faster pace and why?
Q.3 which regions will grow at a faster pace and why?
Q.4 what are the key factors affecting market dynamics? What are the drivers and challenges of the Ballast Water Treatment market?
Q.5 what are the business risks and threats to the ballast water treatment market?
Q.6 what are emerging trends in this ballast water treatment market and the reasons behind them?
Q.7 what are some changing demands of customers in the ballast water treatment market?
Q.8 what are the new developments in the ballast water treatment market? Which companies are leading these developments?
Q.9 Who are the major players in this ballast water treatment market? What strategic initiatives are being implemented by key players for business growth?
Q.10 what are some of the competitive products and processes in this ballast water treatment area and how big of a threat do they pose for loss of market share via material or product substitution?
Q.11 What M & A activities have taken place in the last 5 years in this ballast water treatment market?