Report Highlights
The global market for ballast water treatment equipment will grow from nearly $5.2 billion in 2015 to nearly $36.0 billion by 2020 with a compound annual growth rate (CAGR) of 47.1% for the period of 2015-2020.
Report Includes
- An overview of the global market for ballast treatment technologies, including solid-liquid separations, with and without coagulation and flocculation; chemical treatment, such as chlorination and ozonation; and physical treatment such as ultraviolet irradiation, gas injection, and ultrasonic processes.
- Analyses of market trends for four world regions, with data from 2014, 2015, and projections of compound annual growth rates (CAGRs) through 2020.
- A presentation of legislative and other drivers by region and a discussion of pending International Maritime Organization regulations.
- A listing of the categories of seagoing vessels, i.e. cargo ships, cruise ships, ferries, tankers, affected by recent and expected rulings and the types of treatment equipment each will require.
- A patent analysis that reveals technical developments and firms with leading intellectual property portfolios.
- A discussion of industry structure.
- Comprehensive company profiles of key players in the market.
SCOPE AND FORMAT
This report is focused on the market for ballast water treatment equipment for four world regions: North America, Europe, Asia-Pacific and the “Rest of World.” The study begins with a discussion of problems associated with ballast water, and continues with a discussion of existing and pending regulations regarding its treatment, and an overview of the various types of treatment technologies.
The report includes current and projected market value, market drivers, trends and opportunities, top-selling products and suppliers, and a general market outlook. The report contains roughly 100 market tables and figures that provide a comprehensive insight into the market, along with nearly 80 company profiles. Market tables are presented for a range of parameters including geographic region, vessel size and type, supplier and product type.
All market data pertains to sales at the manufacturer level. Data are expressed in current U.S. dollars.
ANALYST'S CREDENTIALS
Mr. Leverette has worked in strategic marketing for a variety of leading developers of precision industrial products and market intelligence services including AJ Oster, Barnes Aerospace and Zeus Industrial Products. At Zeus he worked with R&D to commercialize a fluropolymer nanofiber as well as coordinated various projects for market development. He also led in the development of UPS’s newly formed automotive and industrial manufacturing market strategy and was an analyst with SupplierBusiness in Stamford, England, reporting on the purchasing strategies of automotive manufacturers. Mr. Leverette has both a B.A. in international affairs from Kennesaw State University in Kennesaw, Georgia (U.S.) and an MBA from the University of Edinburgh in Scotland, U.K.
Report Highlights
The global ballast water treatment equipment market reached nearly $1.4 billion in 2012. This market is expected to grow to nearly $2.1 billion in 2013 and $8.5 billion in 2018 with a compound annual growth rate (CAGR) of 32.9% for the five-year period 2013 to 2018.
Report Includes
- An overview of the global market for ballast treatment technologies, including solid-liquid separations, with and without coagulation and flocculation; chemical treatment, such as chlorination and ozonation; and physical treatment such as ultraviolet irradiation, gas injection, and ultrasonic processes
- Analyses of market trends for four world regions, with data from 2012, estimates for 2013, and projections of compound annual growth rates (CAGRs) for the five year period, 2013 to 2018
- A presentation of legislative and other drivers by region and a discussion of pending International Maritime Organization regulations
- A listing of the categories of seagoing vessels, i.e. cargo ships, cruise ships, ferries, tankers, affected by recent and expected rulings and the types of treatment equipment each will require
- A patent analysis that reveals technical developments and firms with leading intellectual property portfolios
- A discussion of industry structure
- Comprehensive company profiles of more than 40 key players in the market.
Related Reports
Seawater and Brackish Water Desalination
The global market for seawater and brackish water desalination is estimated to increase from $17.4 billion in 2023 to reach $25.7 billion by 2028, at a compound annual growth rate (CAGR) of 8.1% from 2023 through 2028.
Ultraviolet (UV) Disinfection Equipment: Major Applications and Global Markets
The global ultraviolet (UV) disinfection equipment market should reach $10.1 billion by 2027 from $4.9 billion in 2022 at a compound annual growth rate (CAGR) of 15.4% for the forecast period of 2022 to 2027.
Water Infrastructure Repair Technologies: Global Markets
The global water infrastructure repair technology market should reach $96.02 billion by 2022 and more than $131.6 billion by 2027, with a compound annual growth rate (CAGR) of 6.5% during the forecast period of 2022-2027.
Membrane Bioreactors: Global Markets
The global market for membrane bioreactors should grow from $2.5 billion in 2021 to $4.1 billion by 2026 with a compound annual growth rate (CAGR) of 10.5% for the period of 2021-2026.
Recent Reports
Ultrafiltration Membranes: Technologies and Global Markets
The global market for ultrafiltration membranes was valued at $4.9 billion in 2023. The market is expected to grow from $5.2 billion in 2024 to $8.2 billion by the end of 2029, at a compound annual growth rate (CAGR) of 9.4% from 2024 to 2029.
Pharmaceutical Filtration: Global Markets
The global market for pharmaceutical filtration was valued at $10.4 billion in 2023. The market is estimated to grow from $11.4 billion in 2024 to $18.1 billion by 2029, at a compound annual growth rate (CAGR) of 9.8% from 2024 to 2029.
Water Filtration: Global Markets
The global market for water filtration is expected to grow from $10.5 billion in 2024 and is projected to reach $19.0 billion by the end of 2029, at a compound annual growth rate (CAGR) of 12.5% during the forecast period of 2024 to 2029.
Seawater and Brackish Water Desalination
The global market for seawater and brackish water desalination is estimated to increase from $17.4 billion in 2023 to reach $25.7 billion by 2028, at a compound annual growth rate (CAGR) of 8.1% from 2023 through 2028.
Global Markets and Technologies for Water Recycling and Reuse
The global water recycling and reuse market should reach $31.9 billion by 2028 from $19.0 billion in 2023 at a compound annual growth rate (CAGR) of 11.0% for the forecast period of 2023 to 2028.
Top Trending Reports
AI in Clinical and Molecular Diagnostics Market
The global market for AI in clinical and molecular diagnostics is expected to grow from $2.6 billion in 2024 and is projected to reach $8.9 billion by the end of 2029, at a compound annual growth rate (CAGR) of 27.6% during the forecast period of 2024 to 2029.
Point-of-Care Diagnostics: Technologies and Global Markets
The global market for point-of-care diagnostics was valued at $36.9 billion in 2023. It is expected to grow from $40.6 billion in 2024 to $65.9 billion by the end of 2029, at a compound annual growth rate (CAGR) of 10.2% from 2024 through 2029.
Medical Devices: Technologies and Global Markets
The global market for medical devices reached $739.6 billion in 2023. It is expected to grow from $810.4 billion in 2024 to $1.3 trillion by the end of 2029, at a compound annual growth rate (CAGR) of 9.8% from 2024 through 2029.
CRISPR Technology: Global Markets
The global market for CRISPR technology was valued at $3.4 billion in 2023. This market is expected to grow from $3.8 billion in 2024 to $7.5 billion by the end of 2029, at a compound annual growth rate (CAGR) of 14.4% from 2024 to 2029.
Global Artificial Intelligence (AI) Market: Investments vs Potential
The global market for artificial intelligence (AI) is estimated to increase from $148.8 billion in 2023 to reach $1.1 trillion by 2029, at a compound annual growth rate (CAGR) of 39.7% from 2024 through 2029.
Become A Member
BCC Research offers a comprehensive library of reports, granting members unlimited access to data, insights, and market intelligence for informed business decisions, while actively supporting members in their evolving journeys and prioritizing high-quality, relevant topics based on continuous engagement with the research community.
Find Out MoreCustom Consulting
BCC Research emphasizes the importance of organizations leveraging highly customized market insights aligned with specific strategic business objectives through direct engagement with primary sources and proprietary forecasting models for profitable decision-making in maximizing growth opportunities and minimizing risks.
Customize NowScorecard
The Venture Scorecard provides commercialization offices and decision makers with expert analysis, offering strategic insights crucial for aligning objectives with market realities at various stages of commercializing new products or evaluating investment opportunities, from opportunity assessment to growth planning.
Find Out MoreInnovation Spotlight
Our industry experts offer strategic guidance to maximize the market potential of commercialized products, patents, and IP by providing insights into market trends, competitive dynamics, and effective positioning, using the Innovation Spotlight service for enhanced exposure to thought leaders and the wider community.
Find Out More