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Global Ballast Water Management Market: Industry Analysis & Outlook (2017-2021)

Global Ballast Water Management Market: Industry Analysis & Outlook (2017-2021)

Ballast water has been an integral component of the ship’s stability since the steel hulled vessels have been introduced. Ballast water is pumped in to maintain safe operating conditions throughout a voyage. This practice reduces stress on the hull, provides transverse stability, improves propulsion and maneuverability, and compensates for weight changes in various cargo load levels and due to fuel and water consumption.

While ballast water is essential for safe and efficient modern shipping operations, it may pose serious ecological, economic and health problems due to the multitude of marine species carried in ships’ ballast water. Cruise ships, large tankers, and bulk cargo carriers use a huge amount of ballast water, which is often taken on in the coastal waters in one region after ships discharge wastewater or unload cargo, and discharged at the next port of call, wherever more cargo is loaded. The introduction of these harmful marine organisms and other similar pathogens has caused major damage to many of the worlds’ coastal regions and bio-diversities over the years.

There are a variety of technologies available in the market for treating ballast water on ships. In order to ensure that ships comply with the rules and regulations set by International Maritime Organization (IMO) regarding Ballast Water Management, several shipping operators have started implementing ballast water treatment systems on their ships.

The global ballast water management market is set to experience favorable growth driven by factors such as increasing sea borne trade, increasing number of merchant ships and accelerating economic development and growing healthcare concern. The major trends observed in this market include technological advancements, rising adoption of IMO regulations and new convention for ballast water. However, the growth of this budding market is constrained by challenges such as high costs associated, stringent approval process and complexities in the ballast water treatment system.

The report “Global Ballast Water Management Market: Industry Analysis & Outlook (2017-2021)” analyses the development of this market. The major trends, growth drivers as well as issues being faced by the market are discussed in detail in this report. The four major players: Alfa Laval AB, Veolia Environnement S.A., Wärtsilä Corporation and GEA group are being profiled along with their key financials and strategies for growth. The report contains a comprehensive analysis of the global ballast water management market.


1. Overview
1.1 Introduction
1.2 Ballast Water Management
Table 1: Ballast Water Management Classification
1.3 Ballast Water Treatment Technology
Table 2: Ballast Water Treatment Technologies
1.4 Ballast Water Treatment Convention
2. Ballast Water Management Market Analysis
2.1 Global Market
2.1.1 Global Ballast Water Treatment Market by Value
Table 3: Global Ballast Water Treatment Market by Value (2012-2016)
2.1.2 Global Ballast Water Treatment Market Forecast by Value
Table 4: Global Ballast Water Treatment Market Forecast by Value (2017-2021)
2.1.3 Global BWTS Installation Volume Forecast
Table 5: Global BWTS Installation* Volume Forecast (2016-2021)
2.1.4 Global BWTS Volume by Technology
Table 6: Global BWTS Volume by Technology (2016)
2.1.5 Global Ultraviolet Treatment System Volume Forecast
Table 7: Global Ultraviolet Treatment System Volume Forecast (2016-2021)
2.1.6 Global Electrochemical Treatment System Volume Forecast
Table 8: Global Electrochemical Treatment System Volume Forecast (2016-2021)
2.1.7 Global Capital Expenditure on BWTS Installation by Technology
Table 9: Global Capital Expenditure on BWTS by Technology (2016-2021)
2.1.8 Global BWTS Installation by Country
Table 10: Global BWTS Installation by Country (2016)
2.1.9 Global BWTS Suppliers by Country
Table 11: Global BWTS Suppliers by Country (2016)
2.1.10 Global Ballast Water Equipment Market Forecast by Value
Table 12: Global Ballast Water Equipment Market Forecast by Value (2016-2021)
2.1.11 Global Ballast Water Equipment Value Per Vessel Forecast
Table 13: Global Ballast Water Equipment Value Per Vessel Forecast (2016-2021)
2.1.12 Global Ballast Water Equipment New Vessels Volume Forecast
Table 14: Global Ballast Water Equipment New Vessels Volume Forecast (2016-2021)
2.1.13 Global Ballast Water Equipment Retrofitted Vessels Volume Forecast
Table 15: Global Ballast Water Equipment Retrofitted Vessels Volume Forecast (2016-2021)
2.1.14 Ballast Water Convention Implementation Plan Timeline
Table 16: Ballast Water Convention Implementation Plan Timeline (2012-2016)
3. Market Dynamics
3.1 Growth Drivers
3.1.1 Rising Seaborne Trade
Table 17: Global Seaborne Trade (2012-2016)
3.1.2 Increasing Number of Merchant Ships
Table 18: Global Number of Merchant Ships by Type (2012-2016)
3.1.3 Accelerating Economic Development
Table 19: Global GDP Per Capita Growth (2012-2016)
3.1.4 Growing Healthcare Concern
3.2 Key Trends & Developments
3.2.1 Technological Advancements
3.2.2 Projected Demand for Ballast Water Treatment Systems
Table 20: Global Fleet Requirement for BWTS*
3.2.3 Increased Adoption of IMO Regulations
3.2.4 New Convention for Ballast Water
3.3 Challenges
3.3.1 High Costs Associated
3.3.2 Stringent Approval Process
Table 21: Approval Pathway for Ballast Water Treatment Systems
3.3.3 Complexities in Treatment System
4. Competitive Landscape
4.1 Global Market
4.1.1 Approval of Ballast Water Management System by Companies
Table 22: Approval of Ballast Water Management System by Companies (2016)
4.1.2 Revenue Comparison of Key Companies
Table 23: Revenue Comparison of Key Companies (2016)
4.1.3 Market Cap Comparison of Key Companies
Table 24: Market Cap Comparison of Key Companies (2016)
5. Company Profiles
5.1 Alfa Laval AB
5.1.1 Business Overview
Table 25: Alfa Laval AB Net Sales by Segments (2016)
5.1.2 Financial Overview
Table 26: Alfa Laval AB Net Sales and Net Profit (2012-2016)
5.1.3 Business Strategies
Table 27: Alfa Laval AB Research & Development Expenditure (2014-2016)
5.2 Veolia Environnement S.A.
5.2.1 Business Overview
Table 28: Veolia Environnement S.A. Revenue by Segments (2016)
5.2.2 Financial Overview
Table 29: Veolia Environnement S.A. Revenue and Net Income (2012-2016)
5.2.3 Business Strategies
Table 30: Veolia Environnement S.A. Acquistions (2016)
Table 31: Veolia Environnement S.A. Research and Development Expenditure (2014-2016)
5.3 Wärtsilä Corporation
5.3.1 Business Overview
Table 32: Wärtsilä Corporation Sales by Segments (2016)
5.3.2 Financial Overview
Table 33: Wärtsilä Corporation Net Sales and Net Profit (2012-2016)
5.3.3 Business Strategies
Table 34: Wärtsilä Corporation Research and Development Expenditure (2014-2016
5.4 GEA Group
5.4.1 Business Overview
Table 35: GEA Group Revenue by Segments (2016)
5.4.2 Financial Overview
Table 36: GEA Group Revenue and Net Profit (2012-2016)
5.4.3 Business Strategies
Table 37: GEA Group Research and Development Expenditure (2014-2016)
Table 38: GEA Group Product Launches (2017)

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