Global Ballast Water Management Market 2021-2025 The analyst has been monitoring the ballast water management market and it is poised to grow by $ 3.21 bn during 2021-2025, progressing at a CAGR of almost 5% during the forecast period. Our report on ballast water management market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors. The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the growing marine logistics business and adverse impact of untreated ballast water on the marine environment. In addition, growing marine logistics business is anticipated to boost the growth of the market as well. The ballast water management market analysis includes technology segment and geographic landscape.
The ballast water management market is segmented as below: By Technology • Physical disinfection • Chemical method • Mechanical method
By Geographical Landscape • APAC • Europe • North America • MEA • South America
This study identifies the stringent government regulations as one of the prime reasons driving the ballast water management market growth during the next few years.
The analyst presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on ballast water management market covers the following areas: • Ballast water management market sizing • Ballast water management market forecast • Ballast water management market industry analysis
This robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading ballast water management market vendors that include Alfa Laval AB, Ecochlor Inc., Evoqua Water Technologies LLC, GEA Group Aktiengesellschaft, Headway Technology Group (Qingdao) Co. Ltd., PANASIA Co. Ltd., Samsung Heavy Industries Co. Ltd., VEOLIA ENVIRONNEMENT SA, Wartsila Corp., and Xylem Inc. Also, the ballast water management market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities. The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The analyst presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio’s market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
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