Albany, NY -- (SBWire) -- 08/01/2018 --This report studies the global Ballast Water Management market status and forecast, categorizes the global Ballast Water Management market size (value & volume) by key players, type, application, and region. This report focuses on the top players in North America, Europe, China, Japan, Southeast Asia India and Other regions (Middle East & Africa, Central & South America).
Ballast water has been an essential component of the ship's constancy. Ballast water is pumped in to maintain safe operating conditions throughout a voyage. It is an important for safe and efficient modern shipping operations, it may create serious environmental, economic and health issues attribute to the multitude of marine species carried in ships' ballast water.
Government initiatives toward marine environmental protection, increasing demand for petroleum products, developing healthcare concerns in shipping sector are fueling the market growth. However, continuously changes in government rules and regulations and high costs associated are hindering the growth of the market. Influenced by stringent regulations, increase in fleet ownership, and global trade in large volumes, EMEA will be the major revenue contributor to this market. Additionally, factors such as the expansion in fleet size in various countries and the decommissioning of aging vessels, also contribute to the growth of the ballast water management market in this region.
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The global Ballast Water Management market is valued at 13900 million US$ in 2017 and will reach 172500 million US$ by the end of 2025, growing at a CAGR of 37.0% during 2018-2025.
The major players covered in this report
- ALFA LAVAL
- GEA Group
- Hitachi
- Veolia Water Technology
- Wrtsil
...
On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into
- Physical Disinfection
- Mechanical Method
- Chemical Method
On the basis on the end users/applications, this report focuses on the status and outlook for major applications/end users, sales volume, market share and growth rate for each application, including
- Automotive Machinery & Equipment
- Cosmetics
- Food & Beverages
- Building & Infrastructure Materials
- Medical & Healthcare
- Mining Equipment
View Complete TOC with Tables and Figures at: https://www.researchmoz.us/global-ballast-water-management-sales-market-report-2018-report.html/toc
Key Stakeholders
- Ballast Water Management Manufacturers
- Ballast Water Management Distributors/Traders/Wholesalers
- Ballast Water Management Subcomponent Manufacturers
- Industry Association
- Downstream Vendors
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Global Ballast Water Management Sales Market Forecast 2018-2025: ALFA LAVAL, GEA Group, Hitachi, Wrtsil