Skip to main content

Stringent Regulations To Drive Ballast Water Treatment Market


Introduction

Ballast Water Treatment System (BWTS) is a system designed to remove and destroy biological organisms (zooplankton, algae, bacteria) from ballast water. Ballast water treatment is still evolving technology with an ever-growing number of manufacturers. The market of ballast water treatment is segmented by technology, capacity, service, ship type, and region. The technology segment is further segmented as physical disinfection, mechanical method, and chemical method.


By capacity, the market is segmented as less than 1500 cubic meters, between 1500 and 5000 cubic meters, and more than 5000 meters. The service segment is further segmented as recommissioning, performance measurement, and installation and calibration. By ship type, the market is segmented as a container ship, tankers, dry bulk carriers, general cargos, and others.

Drivers of Ballast Water Treatment Market

Rising healthcare concerns in the marine industry coupled with the high volume of seaborne trades are the major factors driving the demand for ballast water treatment solutions. Increasing awareness regarding its advantages and more vendors entering the market will further add to the growing demand for these water treatment systems over the forecast period. Stringent regulation of the International Maritime Organization and Ballast Water Management Convention in order to prevent the spreading of potentially harmful aquatic pathogens and organisms is boosting the ballast water treatment market growth.

Market Segmentation

Geographically, North America region is expected to have a significant market share of the globalballet water treatment market share. The market share is projected on account of favorable regulations coupled with a rising focus on environmental safety conservation. Europe region will also have a significant market share due to stringent regulations in the region. The market of Asia Pacific region is expected to witness rapid growth owing to the rise in the volume of seaborne trade and growing environmental concern leading to the increasing IMO adoption. Growing trade of chemicals, automotive components, and other goods are also increasing the ballast water treatment market size in the region.

By technology, the physical disinfection segment is expected to have a significant market share as it helps in removing the microorganisms from the ballast water without adding any toxic substance to it. It also offers benefits such as ease of operation, high level of efficiency, easy installation, operation, and maintenance. Physical disinfection is a very effective way against a wide range of organisms, such as marine worm larvae, juvenile barnacles, juvenile bivalves, flatworms, and diatoms. 

Tankers segment of ship type segmentation is expected to have a significant market share owing to their high usage in the shipping industry to transport huge quantities of crude oil, chemicals, petroleum, and LNG, and others, across the globe. The continuously evolving crude oil industry is further boosting the growth of this segment. Containers' ships segment is expected to witness substantial growth owing to their increasing demand for carrying non-bulk cargo. Coal, wheat, manufactured goods, cars, and refrigerated goods can be carried through container ships.

According to industry research conducted by Knowledge Sourcing Intelligence, major industry players profiled as part of the report are Wartsila, Alfa Level, Mitsubishi Heavy Industries Limited, Calgon Carbon Corporation, Ecochler, Inc., ATG UV Technology, Evoqua Water Technologies LLC, and Veolia Water Technologies among others.

Key Questions Answered in This Report:

·         What are the key regions having a significant market share of the market?
·         What are the drivers of the market?
·         Who are the key market players in the market?
·         What is market segmentation of 3D mapping and modeling market?
·         What are the services offered by ballast water treatment?

Connect with us :
Labels:

Comments

Post a Comment

Popular posts from this blog

A Comprehensive Study On Shrink Film for Beverage Multipacks Market

Introduction Multipack packaging is used for packaging several containers of beverages together as they are light-weight, durable and attractive. They are used for packaging containers of several drinks such as water, beer, soft drinks, dairy products, and others. They can be used for packaging of containers having different shapes and sizes.  They are used for the packaging of different types of containers such as aluminum cans, glass bottles, plastic bottles, bricks, trayed beverages, and others. In comparison to rigid packaging, shrink films provide a better shelf life, stronger sealing capability, better printability, and lighter weight of the packaging. In this type of packaging lesser plastic is used to pack several bottles, which helps in preventing the environment as well as helps in easy conveyance. Shrink films are made up of several types of materials. However, popular materials used for shrink film packaging are polyethylene, polypropylene, and polyvinyl chlor...
Post a Comment
Read more

Global Drilling Fluids Market Expected to Witness Growth

Introduction Drilling fluids are employed to help the boring of boreholes into the earth in many applications. Apart from being used in many complexes applications such as drilling of oil and natural gas, it can also be used for simpler boreholes such as water wells. Water-based muds, non-aqueous muds, and gaseous drilling fluid can be used for drilling fluids. The primary function of drilling fluids incorporates giving hydrostatic pressure to keep development liquids from going into the wellbore, keeping the drill bit cool and clean amid drilling, doing drill cuttings and suspending the bore cuttings while boring is delayed. Drilling fluid additives are additives generally resolve many issues often found in mineral exploration drilling activities. Such additives lubricate the equipment, lower the abrasion and prevent rusting of rods. They can enhance drilling operations in a dry hole, stabilize the walls of the drill hole, allow rock cuttings to be flushed out of the dr...
Post a Comment
Read more

Energy Harvesting System Market Expected To Witness Substantial Growth

Introduction Energy harvesting is the conversion of ambient energy present in the environment into electrical energy for use in powering autonomous electronic devices or circuits. In energy harvesting systems small amounts of ambient energy are collected to power wireless devices. It is a very promising technology for applications where batteries are impractical, such as body sensor networks and inaccessible remote systems.  These systems are an efficient alternative to conventional power sources, like batteries as devices such as sensors, watches, and home appliances, connected through energy harvesting systems can be virtually operated continuously without impacting the environment. The increasing use of batteries can have harmful effects on the environment and there is a constant need to check on the batteries but with the incorporation of these systems, such problems can be tackled. Drivers of the energy harvesting system market The growing demand for safe and p...
Post a Comment
Read more