Ballast Water Treatment Market Report: Trends, Forecast and Competitive Analysis to 2030

Ballast Water Treatment Trends and Forecast

The future of the global ballast water treatment market looks promising with opportunities in the physical disinfection, mechanical method, and chemical method markets. The global ballast water treatment market is expected to reach an estimated $370.6 billion by 2030 with a CAGR of 26.7% from 2024 to 2030. The major drivers for this market are government initiatives towards marine environment production, increase in volumes of seaborne trade, and emerging healthcare issues in the shipping industry.

A more than 150-page report is developed to help in your business decisions.

Ballast Water Treatment by Segment

The study includes a forecast for the global ballast water treatment by ship type, capacity, technology, service, and region.

Ballast Water Treatment Market by Ship Type [Shipment Analysis by Value from 2018 to 2030]:

• Container Ship
• Dry Bulk Carrier
• Tanker
• General Cargo
• Others

Ballast Water Treatment Market by Capacity [Shipment Analysis by Value from 2018 to 2030]:

• Less Than 1,500 M3
• 1,500-5,000 M3
• More Than 5,000 M3

Ballast Water Treatment Market by Technology [Shipment Analysis by Value from 2018 to 2030]:

• Physical Disinfection
• Mechanical Method
• Chemical Method

Ballast Water Treatment Market by Service [Shipment Analysis by Value from 2018 to 2030]:

• Installation and Calibration
• Performance Measurement
• Recommissioning

Ballast Water Treatment Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Ballast Water Treatment Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies ballast water treatment companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the ballast water treatment companies profiled in this report include-

• Wartsila
• Xylem
• Evoqua Water Technologies
• Calgon Carbon
• Ecochlor
• Veolia Environnement
• Alfa Laval
• Trojan Marinex
• Mitsubishi Heavy Industries
• Qingdao Headway Technology

Ballast Water Treatment Market Insights

Lucintel forecasts that tanker is expected to witness the highest growth over the forecast period because the tankers are vital to the shipping sector as they assist to move massive amounts of crude oil, chemicals, petroleum, and LNG across the oceans and seas.

APAC will remain the largest region over the forecast period due to the existence of several ports and harbors for the commerce of automobile components, oil and chemicals, electronic components and gadgets.

Features of the Global Ballast Water Treatment Market

Market Size Estimates: Ballast water treatment market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Ballast water treatment market size by ship type, capacity, technology, service, and region in terms of value ($B).

Regional Analysis: Ballast water treatment market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different ship type, capacity, technology, service, and regions for the ballast water treatment market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the ballast water treatment market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

FAQ

Q1. What is the ballast water treatment market size?

Answer: The global ballast water treatment market is expected to reach an estimated $370.6 billion by 2030.

Q2. What is the growth forecast for ballast water treatment market?

Answer: The global ballast water treatment market is expected to grow with a CAGR of 26.7% from 2024 to 2030.

Q3. What are the major drivers influencing the growth of the ballast water treatment market?

Answer: The major drivers for this market are government initiatives towards marine environment production, increase in volumes of seaborne trade, and emerging healthcare issues in the shipping industry.

Q4. What are the major segments for ballast water treatment market?

Answer: The future of the global ballast water treatment market looks promising with opportunities in the physical disinfection, mechanical method, and chemical method markets.

Q5. Who are the key ballast water treatment market companies?

Answer: Some of the key ballast water treatment companies are as follows.

• Wartsila
• Xylem
• Evoqua Water Technologies
• Calgon Carbon
• Ecochlor
• Veolia Environnement
• Alfa Laval
• Trojan Marinex
• Mitsubishi Heavy Industries
• Qingdao Headway Technology

Q6. Which ballast water treatment market segment will be the largest in future?

Answer: Lucintel forecasts that tanker is expected to witness the highest growth over the forecast period because the tankers are vital to the shipping sector as they assist to move massive amounts of crude oil, chemicals, petroleum, and LNG across the oceans and seas.

Q7. In ballast water treatment market, which region is expected to be the largest in next 5 years?

Answer: APAC will remain the largest region over the forecast period due to the existence of several ports and harbors for the commerce of automobile components, oil and chemicals, electronic components and gadgets.

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the ballast water treatment market by ship type (container ship, dry bulk carrier, tanker, general cargo, and others), capacity (less than 1,500 m3, 1,500-5,000 m3, and more than 5,000 m3), technology (physical disinfection, mechanical method, and chemical method), service (installation and calibration, performance measurement, and recommissioning), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?