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Global Ballast Water Management Market: Industry Analysis & Outlook (2017-2021)

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The report “Global Ballast Water Management Market: Industry Analysis & Outlook (2017-2021)” analyses the development of this market. For more mail: vikas@konceptanalytics.com – PowerPoint PPT presentation

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Title: Global Ballast Water Management Market: Industry Analysis & Outlook (2017-2021)


1
Industry Research by Koncept Analytics
Global Ballast Water Management Market Industry
Analysis Outlook ------------------------------
----------- (2017-2021)
September 2017
2
Executive Summary

Ballast water has been an integral component of
the ships stability since the steel hulled
vessels have been introduced. Ballast water is
pumped in to maintain safe operating conditions
throughout a voyage. This practice reduces stress
on the hull, provides transverse stability,
improves propulsion and maneuverability, and
compensates for weight changes in various cargo
load levels and due to fuel and water
consumption.? While ballast water is essential
for safe and efficient modern shipping
operations, it may pose serious ecological,
economic and health problems due to the multitude
of marine species carried in ships ballast
water. Cruise ships, large tankers, and bulk
cargo carriers use a huge amount of ballast
water, which is often taken on in the coastal
waters in one region after ships discharge
wastewater or unload cargo, and discharged at the
next port of call, wherever more cargo is loaded.
The introduction of these harmful marine
organisms and other similar pathogens has caused
major damage to many of the worlds coastal
regions and bio-diversities over the years. There
are variety of technologies available in the
market for treating ballast water on ships. In
order to ensure that ships comply with the rules
and regulations set by International Maritime
Organization (IMO) regarding Ballast Water
Management, several shipping operators have
started implementing ballast water treatment
systems on their ships. The global ballast water
management market is set to experience favorable
growth driven by factors such as increasing sea
borne trade, increasing number of merchant ships
and accelerating economic development and growing
healthcare concern. The major trends observed in
this market include technological advancements,
rising adoption of IMO regulations and new
convention for ballast water. However, the growth
of this budding market is constrained by
challenges such as high costs associated,
stringent approval process and complexities in
the ballast water treatment system. The report
Global Ballast Water Management Market Industry
Analysis Outlook (2017-2021) analyses the
development of this market. The major trends,
growth drivers as well as issues being faced by
the market are discussed in detail in this
report. The four major players Alfa Laval AB,
Veolia Environnement S.A., Wärtsilä Corporation
and GEA group are being profiled along with their
key financials and strategies for growth. The
report contains a comprehensive analysis of the
global ballast water management market.
3
Rising sea borne trade and increasing number
of merchant ships will drive the market for
ballast water management globally..
Global Ballast Water Treatment Market Forecast by
Value (2017-2021)
  • Global ballast water treatment market is
    anticipated to reach US ..billion by the year
    2021, increasing from US ..billion in 2017,
    recording growth at a CAGR of .. for the period
    spanning 2017-2021.
  • Global installation of BWTS is estimated to reach
    ..units by the year 2021, increasing from ..units
    in 2016, recording growth at a CAGR of .. for
    the period spanning 2016-2021.
  • By technology., ultraviolet segment held the
    share of .. in terms of volume, followed by
    electrochlorination with .. share for the year
    2016.

Global BWTS Volume by Technology (2016)
Global BWTS Installation Volume
Forecast (2016-2021)
4
Accelerating economic development and growing
health care concern supported the market for
ballast water management globally..
  • In Greece, the fleet owners have ..fleets with
    BWTS equipped and ..on order. The majority of
    Japanese owned ships reported to have ..fleets
    with BWTS equipped, while .. were on order for
    the year 2016.
  • The capital expenditure incurred on BWTS
    installation for Ultraviolet Light was valued at
    US.. billion in 2016 and likely to reach by
    US.. billion in 2021. For Electrochlorination,
    the capital expenditure incurred stood at US
    ..billion in 2016 and likely to be recorded at
    US ..billion in 2021.
  • Global ballast water equipment market is
    anticipated to reach US ..billion by the year
    2021, increasing from US ..billion in 2016,
    recording growth at a CAGR of .. for the period
    spanning 2016-2021.

Global BWTS Installation by Country (2016)
Global Ballast Water Equipment Market Forecast
by Value
(2016-2021)
Global Capital Expenditure on BWTS by
Technology (2016-2021)
5
For Report Purchase Click Belowhttp//www.koncep
tanalytics.com/Researchreport/global-ballast-water
-management-market-industry-analysis-outlook-2017-
2021-25460.aspx
Disclaimer
Contact Us
This is a licensed product of Koncept Analytics.
You cannot reproduce, publish, distribute,
publicly display, sell or create other works from
this report or use them in any way for commercial
purpose without our prior permission. Further,
you cannot copy this material, by any means
(including electronic copies), for distribution
to others unless you have purchased the corporate
license of this report. We believe the sources
are reliable, but Koncept Analytics does not
warranty the accuracy or completeness of the
data. The data presented in the report is updated
at the publication date but is subject to change
at subsequent releases. All possible efforts have
been made to ensure accuracy of data. However,
investors should not completely rely on the
information given in this report and must make
decisions based on their own investment strategy,
risk management and capital adequacy.
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Plaza Vaishali, Ghaziabad, U.P. 201010 T
91-120-4130959 M 91-9811715635
vikas_at_konceptanalytics.com
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