Ballast Water Treatment Market by Technology (Physical Disinfection, Mechanical Method, Chemical Method), Capacity, Service, Ship Type (Container Ships, Dry Bulk Carriers, Tankers, General Cargos) and Geography - Global Forecast to 2022

Published by MarketsandMarkets on 14th March 2017 | Ref: 337608 | This Product Is In Stock

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$5650 | Single User
$6650 | Multi User
$8150 | Corporate License
$10000 | Enterprise License

Introduction

“Growing healthcare concern across the globe is fueling the growth of the ballast water treatment market.”

The ballast water treatment (BWT) market is expected to grow at a CAGR of 37.19% between 2017 and 2022, to reach USD 118.77 billion by 2022 from USD 14.29 billion in 2016. As the healthcare concern is growing in the shipping industry, it is driving the BWT market to control the waterborne diseases that occur on the ship during the expedition. Also, the discharge of ballast water by ships contributes to the spread of aquatic invasive species, with negative impacts on the environment, economies, and public health. The IMO standards for ballast water discharge require BWT systems based on various physical and/or chemical methods to be installed on the ships. The major restraint for the growth of the BWT market is the storage of disinfection by-products generated after water treatment.

Tankers are expected to be the fastest-growing segment during the forecast period

There is a strong demand for tankers from the heating oil perspective and in terms of the overall energy transportation. The growth of this segment is fueled by the rising trade of crude oil, LNG, and chemicals.

“APAC and Europe are the major markets for the BWT industry.”

The initiatives taken by the governments in Europe for the human health and economic values are accelerating the growth of the said market in Europe. For instance, the IMO Marine Environment Protection Committee (MEPC) has introduced guidelines that will assist governments and other authorities, ship masters, operators and owners, and port authorities in minimizing the risk of introducing harmful aquatic organisms and pathogens from ship’s ballast water and associated sediments.

The major drivers for the growing demand for BWT systems in APAC include the rising adoption of IMO regulations and increasing trade of automotive components, clean energy and environment equipment, food & beverages, healthcare and medical, infrastructure and building materials, mining equipment, and cosmetics, among others.

In the process of determining and verifying the market size for several segments and subsegments gathered through secondary research, extensive primary interviews have been conducted with key officials in the BWT market. The break-up of the profiles of primary participants has been given below:

• By Company Type: Tier 1 = 35 %, Tier 2 = 45%, and Tier 3 = 20%

• By Designation: C-Level Executives = 35%, Directors = 25%, and Others = 40%

• By Region: North America = 45%, Europe = 20%, APAC = 30%, and RoW = 5%

The report also profiles the key players in the BWT market and analyzes their market ranking. The prominent players profiled in this report are Wärtsilä Corporation (Finland), Xylem Inc. (U.S.), Evoqua Water Technologies LLC (U.S.), Calgon Carbon Corporation (U.S.), Ecochlor, Inc. (U.S.), Veolia Environnement S.A. (France), Alfa Laval AB (Sweden), Trojan Marinex (Canada), Mitsubishi Heavy Industries, Ltd. (Japan), atg UV Technology (U.K.), Qingdao Headway Technology Co., Ltd. (China), JFE Engineering Corporation (Japan), and Optimarin AS (Norway), among others.

Research Coverage:

This research report categorizes the BWT market on the basis of technology, capacity, service, ship type, and geography. The report also provides Porter’s five forces analysis, along with the description of each of the forces and their respective impact on the BWT market; description of major drivers, restraints, challenges, and opportunities pertaining to the market; value chain analysis; and market ranking analysis.

Reasons to Buy the Report

The report will help leaders/new entrants in this market in the following ways:

1. This report segments the BWT market comprehensively and provides the closest market size estimation for all subsegments across different regions.

2. The report helps stakeholders understand the pulse of the market and provides them with the information on key drivers, restraints, challenges, and opportunities for the market.

3. This report will help stakeholders understand their competitors better and gain more insights to improve their position in the business. The competitive landscape section describes competitor ecosystem and various strategies implemented by the companies such as product developments, partnerships, and mergers and acquisitions.

Table of Contents

TABLE OF CONTENTS

1 INTRODUCTION 12

1.1 OBJECTIVES OF THE STUDY 12

1.2 MARKET DEFINITION 12

1.3 STUDY SCOPE 13

1.4 CURRENCY 15

1.5 LIMITATIONS 15

1.6 STAKEHOLDERS 15

2 RESEARCH METHODOLOGY 16

2.1 INTRODUCTION 16

2.2 MARKET SIZE ESTIMATION 21

2.3 MARKET BREAKDOWN AND DATA TRIANGULATION 23

2.4 RESEARCH ASSUMPTIONS 24

3 EXECUTIVE SUMMARY 25

4 PREMIUM INSIGHTS 30

4.1 ATTRACTIVE GROWTH OPPORTUNITIES IN THE BWT MARKET 30

4.2 BWT MARKET, BY SHIP TYPE 31

4.3 BWT MARKET, BY REGION AND SERVICE 32

4.4 BWT MARKET, BY CAPACITY 32

4.5 BWT MARKET, BY GEOGRAPHY 33

5 MARKET OVERVIEW 34

5.1 MARKET SEGMENTATION 35

5.2 MARKET DYNAMICS 37

6 INDUSTRY TRENDS 43

6.1 INTRODUCTION 43

6.2 VALUE CHAIN ANALYSIS 43

6.3 PORTER’S FIVE FORCES MODEL 44

7 BALLAST WATER TREATMENT MARKET, BY TECHNOLOGY 51

7.1 INTRODUCTION 52

7.2 PHYSICAL DISINFECTION 54

7.3 MECHANICAL METHOD 56

7.4 CHEMICAL METHOD 57

8 MARKET, BY CAPACITY 58

8.1 INTRODUCTION 59

8.2 BWT SYSTEMS WITH CAPACITY LESS THAN 1500M3 61

8.3 BWT SYSTEMS WITH 1500–5000M3 CAPACITY 62

8.4 BWT SYSTEMS WITH CAPACITY MORE THAN 5000M3 63

9 BALLAST WATER TREATMENT MARKET, BY SHIP TYPE 64

9.1 INTRODUCTION 65

9.2 CONTAINER SHIPS 67

9.3 DRY BULK CARRIERS 68

9.4 TANKERS 69

9.5 GENERAL CARGOS 70

9.6 OTHERS 70

10 BWT MARKET, BY SERVICE 72

10.1 INTRODUCTION 73

10.2 INSTALLATION AND CALIBRATION 74

10.3 PERFORMANCE MEASUREMENT 75

10.4 RECOMMISSIONING 76

11 BWT MARKET, BY GEOGRAPHY 77

11.1 INTRODUCTION 78

11.2 NORTH AMERICA 80

11.3 EUROPE 87

11.4 APAC 98

11.5 ROW 108

12 COMPETITIVE LANDSCAPE 112

12.1 OVERVIEW 112

12.2 MARKET RANKING ANALYSIS: BWT MARKET 113

12.3 START-UP SCENARIO 115

12.4 COMPETITIVE SITUATION 116

13 COMPANY PROFILES 121

(Business Overview, Products & Services, Key Insights, Recent Developments, SWOT Analysis, Ratio Analysis, MnM View)*

13.1 INTRODUCTION 121

13.2 WÄRTSILÄ CORPORATION 122

13.3 CALGON CARBON CORPORATION 126

13.4 ALFA LAVAL AB 129

13.5 XYLEM INC. 133

13.6 EVOQUA WATER TECHNOLOGIES LLC 136

13.7 VEOLIA ENVIRONNEMENT S.A. 139

13.8 MITSUBISHI HEAVY INDUSTRIES, LTD. 141

13.9 ECOCHLOR, INC. 143

13.10 ATG UV TECHNOLOGY LTD 144

13.11 QINGDAO HEADWAY TECHNOLOGY CO., LTD. 145

13.12 JFE ENGINEERING CORPORATION 146

13.13 OPTIMARIN AS 147

13.14 TROJAN MARINEX 149

13.15 KEY INNOVATORS 150

*Details on Business Overview, Products & Services, Key Insights, Recent Developments, SWOT Analysis, MnM View might not be captured in case of unlisted companies.

14 APPENDIX 152

14.1 INSIGHTS OF INDUSTRY EXPERTS 152

14.2 DISCUSSION GUIDE 153

14.3 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 155

14.4 INTRODUCING RT: REAL-TIME MARKET INTELLIGENCE 157

14.5 AVAILABLE CUSTOMIZATIONS 158

14.6 RELATED REPORTS 158

14.7 AUTHOR DETAILS 159

Additional Details

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MarketsandMarkets

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Reference

337608

Number of Pages

161

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PDF

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