GWI Analysts Report: Ballast Water Treatment Market
The ballast water treatment market is set to experience significant growth in the next few years. In the wake of the ratification of the International Maritime Organization (IMO) Ballast Water Management Convention and the introduction of the more stringent United States Coast Guard (USCG) Ballast Water Management Regulations, suppliers need to be ready to act on the expected spur of investment in ballast water treatment systems.
This GWI Analysts’ report is an essential guide for ship owners, ship builders, ballast water treatment system (BWTS) suppliers, and engineering companies, as well as investors. Since 2004 when IMO’s Ballast Water Management Convention was adopted, but still not ratified, this whole new market emerged. From the current status of the IMO Convention and approved technologies to market growth rates, this report will enable you to understand the competitive dynamic and plan your strategy for capitalising on the market.