Los Angeles, CA -- (SBWIRE) -- 06/06/2019 -- Ballast Water Treatment System is a device of processing ballast water that discharged directly into the sea. Ballast Water Treatment System mainly consists of ballast pumps, ballast water pipelines, ballast tanks and associated valve member. In the coming years there is an increasing demand for Ballast Water Treatment Systems in the regions of Korea, China and Japan that is expected to drive the market for more advanced Ballast Water Treatment Systems. Increasing of ship expenditures, more-intense competition, launches in introducing new products, retrofitting and renovation of old technology, increasing adoption of Ballast Water Treatment Systems will drive growth in China markets.

Globally, the Ballast Water Treatment Systems industry market is low concentrated as the manufacturing technology of Ballast Water Treatment Systems is relatively matures than some high-tech equipment. And some enterprises, like Alfa Laval, Panasia, OceanSaver, Qingdao Sunrui and JFE Engineering, etc. are well-known for the wonderful performance of their Ballast Water Treatment Systems and related services. At the same time, Europe, occupied 32.34% revenue market share in 2016, is remarkable in the global Ballast Water Treatment Systems industry because of their market share and technology status of Ballast Water Treatment Systems.

The global Ballast Water market was 5240 million US$ in 2018 and is expected to 10100 million US$ by the end of 2025, growing at a CAGR of 8.5% between 2019 and 2025. This report studies the Ballast Water market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.

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Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Ballast Water in these regions, from 2014 to 2025, covering

North America (United States, Canada and Mexico)

Europe (Germany, UK, France, Italy, Russia and Turkey etc.)

Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)

South America (Brazil etc.)

Middle East and Africa (Egypt and GCC Countries)

The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include

Alfa Laval

Panasia

OceanSaver

Qingdao Sunrui

JFE Engineering

NK

Qingdao Headway Technology

Optimarin

Hyde Marine

Veolia Water Technologies

Techcross

Siemens

Ecochlor

Industrie De Nora

MMC Green Technology

Wartsila

NEI Treatment Systems

Mitsubishi Heavy Industries

Desmi

Bright Sky

Trojan Marinex

By the product type, the market is primarily split into

Chemical Method

Physical Method

By the end users/application, this report covers the following segments

Modify Ship

New Build Ship

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