Your CatalystTo a Lucrative Business Ballast Water Treatment Systems (BWTS) MarketShare, Market Size, Analysis, Growth, Regional Outlook, Strategies, Trends and Forecasts to 2025 | Hexa Research "Ballast Water Treatment Systems Market Worth $117.55 Billion By 2025." The global Ballast Water Treatment Systems (BWTS) Market is expected to reach USD 117.55 billion by 2025, driven by growth in the size of shipping industry trade volume and rising government initiatives in line with the International Maritime Organization (IMO) regulations. Furthermore, the ballast water treatment systems market is expected to be growing as BWTS is effective in regulating unauthorized ocean dumping, oil & chemical spills, and the introduction of aquatic invasive species. North America dominated the global market in 2016, and the trend is likely to continue over the next few years due to supporting regulations coupled with rising focus on environmental safety conservation. Asia Pacific and Europe followed suit, with a consolidated contribution of USD 59.48 billion b y 2025. Browse Details of Report @ https://www.hexaresearch.com/research-report/ballast-water-treatment-systems-bwts-market Follow Us: Your CatalystTo a Lucrative Business The implementation by IMO for strict water quality standards has set an obligation for ocean freight service providers. Since vessels have not been planned and fortified to treat ballast water, setting up of a ballast water management system is essential to ensure conformity with the standards. Asia Pacific is expected to witness the fastest growth over the forecast period on account of increase in production and sales of ballast water treatment systems owing to increase in trade of automotive machinery & equipment, cosmetics, food & beverages, building & infrastructure materials, medical & healthcare, and mining equipment. The region has witnessed an increase in ocean freight volumes from various countries such as China, India, and South Korea. The market is expected to grow on account of increasing demand for ballast water treatment systems in containers, ships, dry bulk carriers, tankers, and general cargos. Container ships dominated the global BWTS market in 2016 and are expected to grow at an above average CAGR of 25.2% over the projected period. Increasing trade activities among various regions on account of lower transportation costs, free trade agreements, and globalization is expected to result in augmenting the demand for container ships. Companies are actively looking for new ballast water treatment projects alongside investing in R&D to enhance technology. In July 2015, Wärtsilä won the largest retrofit contract for ballast water management systems. This has been one of the major retrofit contracts so far issued for ballast water management system solutions. Other prominent players in the market such as Xylem Inc., Evoqua Water Technologies LLC, Mitsubishi Heavy Industries, and Alfa Laval AB are investing considerably in the ballast water treatment systems market. Hexa Research has segmented the global ballast water treatment systems (BWTS) market based on operating technology, type, and region: Segmentation by technology, 2014 - 2025 (USD Million) • Physical Disinfection • Mechanical Method • Chemical Method Segmentation by type, 2014 - 2025 (USD Million) • Container Ships • Dry Bulk Carriers • Tankers • General Cargos Segmentation by region, 2014 - 2025 (USD Million) • North America • U.S. • Europe • UK • Germany • Asia Pacific • China Follow Us: Your CatalystTo a Lucrative Business • Japan • Rest of the World Key players analyzed: • Wärtsilä Corporation • Xylem Inc. • Evoqua Water Technologies LLC • Calgon Carbon Corporation • Mitsubishi Heavy Industries • Veolia Environnement S.A. • UV Technology • Alfa Laval AB • Headway Technology Co., Ltd. • Trojan Marinex Browse Related Category Market Reports @ https://www.hexaresearch.com/research-category/water-and-sludge-treatment-industry Follow Us: Your CatalystTo a Lucrative Business Table of Content of Ballast Water Treatment Systems (BWTS) Market Chapter 1. Market Summary 1.1. Market trends & movement Chapter 2. Ballast Water Treatment Systems Market Trends: Drivers & Opportunities 2.1. Introduction 2.2. Key industry trends 2.3. Market drivers 2.4. Market restraints 2.5. Supply chain analysis 2.6. Porter's Five Forces analysis 2.7. SWOT Chapter 3. Ballast Water Treatment Systems Market Trends, By Technology 3.1. Global ballast water treatment systems market movement, by technology, 2016 & 2025 3.2. Physical Disinfection 3.2.1. Market estimates and forecast, 2014 - 2025 (USD Million) 3.3. Mechanical Method 3.3.1. Market estimates and forecast, 2014 - 2025 (USD Million) 3.4. Chemical Method 3.4.1. Market estimates and forecast, 2014 - 2025 (USD Million) Chapter 4. Ballast Water Treatment Systems Market Trends, By Type 4.1. Global ballast water treatment systems market movement, by type, 2016 & 2025 4.2. Container Ships 4.2.1. Market estimates and forecast, 2014 - 2025 (USD Million) 4.3. Dry Bulk Carriers 4.3.1. Market estimates and forecast, 2014 - 2025 (USD Million) 4.4. Tankers 4.4.1. Market estimates and forecast, 2014 - 2025 (USD Million) 4.5. General Cargos 4.5.1. Market estimates and forecast, 2014 - 2025 (USD Million) Chapter 5. Ballast Water Treatment Systems Market Trends, By Region 5.1. Global ballast water treatment systems market movement, by region, 2014 & 2025 5.2. North America 5.2.1. Market estimates and forecast, 2014 - 2025 (USD Million) 5.2.2. Market estimates and forecast, by technology 2014 - 2025 (USD Million) Follow Us: Your CatalystTo a Lucrative Business 5.2.3. Market estimates and forecast, by type 2014 - 2025 (USD Million) 5.3. Europe 5.3.1. Market estimates and forecast, 2014 - 2025 (USD Million) 5.3.2. Market estimates and forecast, by technology 2014 - 2025 (USD Million) 5.3.3. Market estimates and forecast, by type 2014 - 2025 (USD Million) 5.4. Asia Pacific 5.4.1. Market estimates and forecast, 2014 - 2025 (USD Million) 5.4.2. Market estimates and forecast, by technology 2014 - 2025 (USD Million) 5.4.3. Market estimates and forecast, by type 2014 - 2025 (USD Million) 5.5. Rest of the World 5.5.1. Market estimates and forecast, 2014 - 2025 (USD Million) 5.5.2. Market estimates and forecast, by technology 2014 - 2025 (USD Million) 5.5.3. Market estimates and forecast, by type 2014 - 2025 (USD Million) Chapter 6. Key Country Markets 6.1. U.S. 6.1.1. Market estimates and forecast, 2014 - 2025 (USD Million) 6.1.2. Market estimates and forecast, by technology 2014 - 2025 (USD Million) 6.1.3. Market estimates and forecast, by type 2014 - 2025 (USD Million) 6.2. U.K 6.2.1. Market estimates and forecast, 2014 - 2025 (USD Million) 6.2.2. Market estimates and forecast, by technology 2014 - 2025 (USD Million) 6.2.3. Market estimates and forecast, by type 2014 - 2025 (USD Million) 6.3. Germany 6.3.1. Market estimates and forecast, 2014 - 2025 (USD Million) 6.3.2. Market estimates and forecast, by technology 2014 - 2025 (USD Million) 6.3.3. Market estimates and forecast, by type 2014 - 2025 (USD Million) 6.4. China 6.4.1. Market estimates and forecast, 2014 - 2025 (USD Million) 6.4.2. Market estimates and forecast, by technology 2014 - 2025 (USD Million) 6.4.3. Market estimates and forecast, by type 2014 - 2025 (USD Million) 6.5. Japan 6.5.1. Market estimates and forecast, 2014 - 2025 (USD Million) 6.5.2. Market estimates and forecast, by technology 2014 - 2025 (USD Million) 6.5.3. Market estimates and forecast, by type 2014 - 2025 (USD Million) Chapter 7. Competitive landscape analysis, 2016 7.1. Strategic framework Follow Us: Your CatalystTo a Lucrative Business 7.2. Potential customer base concentration 7.3. Company market positioning 7.4. Company profiles 7.4.1. Wärtsilä Corporation 7.4.1.1. Company Overview 7.4.1.2. Product Benchmarking 7.4.1.3. Financial Performance 7.4.1.4. Recent Initiatives 7.4.2. Xylem Inc. 7.4.2.1. Company Overview 7.4.2.2. Product Benchmarking 7.4.2.3. Financial Performance 7.4.2.4. Recent Initiatives 7.4.3. Evoqua Water Technologies LLC 7.4.3.1. Company Overview 7.4.3.2. Product Benchmarking 7.4.3.3. Financial Performance 7.4.3.4. Recent Initiatives 7.4.4. Calgon Carbon Corporation 7.4.4.1. Company Overview 7.4.4.2. Product Benchmarking 7.4.4.3. Financial Performance 7.4.4.4. Recent Initiatives 7.4.5. Mitsubishi Heavy Industries 7.4.5.1. Company Overview 7.4.5.2. Product Benchmarking 7.4.5.3. Financial Performance 7.4.5.4. Recent Initiatives 7.4.6. Veolia Environnement S.A. 7.4.6.1. Company Overview 7.4.6.2. Product Benchmarking 7.4.6.3. Financial Performance 7.4.6.4. Recent Initiatives 7.4.7. UV Technology 7.4.7.1. Company Overview 7.4.7.2. Product Benchmarking Follow Us: Your CatalystTo a Lucrative Business 7.4.7.3. Financial Performance 7.4.7.4. Recent Initiatives 7.4.8. Alfa Laval AB 7.4.8.1. Company Overview 7.4.8.2. Product Benchmarking 7.4.8.3. Financial Performance 7.4.8.4. Recent Initiatives 7.4.9. Headway Technology Co., Ltd. 7.4.9.1. Company Overview 7.4.9.2. Product Benchmarking 7.4.9.3. Financial Performance 7.4.9.4. Recent Initiatives 7.4.10. Trojan Marinex 7.4.10.1. Company Overview 7.4.10.2. Product Benchmarking 7.4.10.3. Financial Performance 7.4.10.4. Recent Initiatives 7.4.11. List of other vendors Chapter 8. Methodology and Scope 8.1. Research methodology 8.2. Research Scope & Assumptions 8.3. List of data sources Follow Us: Your CatalystTo a Lucrative Business About Us: Hexa Research is a market research and consulting organization, offering industry reports, custom research and consulting services to a host of key industries across the globe. We offer comprehensive business intelligence in the form of industry reports which help our clients obtain clarity about their business environment and enable them to undertake strategic growth initiatives. 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The global ballast water treatment systems (BWTS) market is expected to reach USD 117.55 billion by 2025.
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