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Historical Year
Forecast Year
The global ballast water management market is expected to grow at a CAGR of 7.2% during the forecast period of 2024-2032 to reach a value of USD 5.16 billion by 2032.
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The market is being driven by the development in containerised ballast water management systems which is providing a further boost to the ballast water management market, globally. Asia Pacific is anticipated to hold the largest share in the market during the forecast period of 2024-2032 owing to the growing shipping industry in the region.
Ballast water is stored in the ships to provide structural integrity and stability to the vessel, but its discharge in the non-native environment might be harmful and cause adverse effects. Ballast water management involves mechanical, physical, and chemical procedures either done individually or together, to prevent aquatic organisms and pathogens of one region from being discharged into marine environment of another region.
Market Breakup by Technology
Market Breakup by Services
Market Breakup by Region
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The global ballast water management market is being driven by the technological advances in the installation procedure of ballast water management systems on ships. The growing trend of containerised ballast water management system is further driving the growth of the market. Physical disinfection technology is anticipated to hold the largest share in the market in the future period due to increasing demand for ballast water management scheme, resulting in improvements in physical disinfection systems. Asia-Pacific is the emerging market as a result of rising initiatives to adopt this system in the region.
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The report presents a detailed analysis of the following key players in the global ballast water management market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
The EMR report gives an in-depth insight into the industry by providing a SWOT analysis as well as an analysis of Porter’s five forces.
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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The market is projected to grow at a CAGR of 7.2% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach USD 5.16 billion by 2032.
The major drivers of the market include rising urbanisation, the development of containerised ballast water management systems, and the growing shipping sector.
The growing adoption of containerised ballast water management systems and technological advancements are the key trends propelling the growth of the market.
The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The different technologies of ballast water management considered in the market report are physical disinfection, chemical method, and mechanical method.
The major services considered in the market report include installation and calibration, performance measurement, and recommissioning.
The major players in the market are Alfa Laval Inc., Headway Technology Group (Qingdao) Co., Ltd., Hitachi, Ltd., NK Co., Ltd., Wärtsilä, and Ecochlor, among others.
Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Technology |
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| Breakup by Services |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
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Australia
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+61-448-061-727
India
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+91-858-608-1494
Philippines
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+63-287-899-028, +63-967-048-3306
United Kingdom
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+44-753-713-2163
United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124
United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124
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