The new report by Expert Market Research titled, 'Global Ballast Water Management Market Report and Forecast 2021-2026', gives an in-depth analysis of the global ballast water management market, assessing the market based on its segments like technology and major regions like North America, Europe, Asia Pacific, Latin America, Middle East and Africa. The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter's Five Forces models.
Note 1: For a snapshot of the primary and secondary data of the market (2016-2026), along with business strategies and detailed market segmentation, please click on the request sample report. The sample report shall be delivered to you within 24 hours.
Request a free sample copy in PDF or view the report summary@ https://www.expertmarketresearch.com/reports/ballast-water-management-market/requestsample
The key highlights of the report include:
Market Overview (2016-2026)
- Forecast CAGR (2021-2026): 7%
- Forecast Market Size (2026): USD 3.4 billion
The market for ballast water management has seen substantial growth due to factors such as the technological advances in the installation procedure of ballast water management systems on ships. Also, increased knowledge across different industries offers an enormous market opportunity for key players in the ballast water management market. The growing popularity of containerized ballast water management systems is propelling the market forward. Physical disinfection technology is expected to have the largest market share in the future due to rising demand for ballast water management systems, which has resulted in advancements in physical disinfection systems. As a result of increased initiatives to use this system in the region, Asia-Pacific is the emerging market.
Industry Definition and Major Segments
Ballast water is stored in ships to ensure structural integrity and stability, but its discharge into a non-native environment could be toxic and have negative consequences. Ballast water management involves executing mechanical, physical, and chemical techniques separately or in combination to prevent aquatic organisms and pathogens from one location from entering the maritime environment of another.
Explore the full report with the table of contents@ https://www.expertmarketresearch.com/reports/ballast-water-management-market
Based on the technology, the industry is divided into:
- Physical Disinfection
- Chemical Method
- Mechanical Method
The regional markets for ballast water management include:
- North America
- Asia Pacific
- Latin America
- Middle East and Africa
Geographically, during the forecast period, APAC is expected to hold the highest share of the ballast water management market. The APAC region's market expansion is aided by the presence of a large number of ports and harbours for the commerce of oil and chemicals, automotive components, electronic components, and devices, among other things. With increased ocean freight volumes from several nations such as China, India, and South Korea to other areas of the world, this region remains a significant growth market for Ballast Water management. Growth in ocean freight is likely to result in higher adoption of the Marine Environmental Protection programme in the next years, which will drive market expansion.
Key Market Players
The major players in the market are Alfa Laval, Headway Technology Group (Qingdao) Co. Ltd., Panasia Co. Ltd., Samsung Heavy Industries Co. Ltd., Wärtsilä Corp. s, among others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.
Read More Reports:
Global Collagen Market: https://www.expertmarketresearch.com/reports/collagen-market
Global Cigarette Market: https://www.expertmarketresearch.com/reports/cigarette-market
Gloabl Sheep Meat Market: https://www.expertmarketresearch.com/reports/sheep-meat-market
Global Nanomedicine Market: https://www.expertmarketresearch.com/reports/nanomedicine-market
Global Bone Sonometer Market: https://www.expertmarketresearch.com/reports/bone-sonometer-market
Global Anticoagulants Market: https://www.expertmarketresearch.com/reports/anticoagulants-market
Global Immunomodulators Market: https://www.expertmarketresearch.com/reports/immunomodulators-market
Global Battery Electrolyte Market: https://www.expertmarketresearch.com/reports/battery-electrolyte-market
Global Cancer Immunotherapy Market: https://www.expertmarketresearch.com/reports/cancer-immunotherapy-market
Global Insect Growth Regulators Market: https://www.expertmarketresearch.com/reports/insect-growth-regulators-market
Note 2: As the novel coronavirus (COVID-19) continues to spread across the world, our analysts are constantly tracking the impact of this rapidly evolving situation on the markets and the consumer purchase behaviours. Thus, our latest estimates and analysis about the current market trends and forecast will exhaustively reflect the effects of this emerging pandemic.
Expert Market Research is a leading business intelligence firm, providing custom and syndicated market reports along with consultancy services for our clients. We serve a wide client base ranging from Fortune 1000 companies to small and medium enterprises. Our reports cover over 100 industries across established and emerging markets researched by our skilled analysts who track the latest economic, demographic, trade and market data globally.
At Expert Market Research, we tailor our approach according to our clients' needs and preferences, providing them with valuable, actionable and up-to-date insights into the market, thus, helping them realize their optimum growth potential. We offer market intelligence across a range of industry verticals which include Pharmaceuticals, Food and Beverage, Technology, Retail, Chemical and Materials, Energy and Mining, Packaging and Agriculture.
We also provide state-of-the-art procurement intelligence through our platform, https://www.procurementresource.com. Procurement Resource is a leading platform for digital procurement solutions, offering daily price tracking, market intelligence, supply chain intelligence, procurement analytics, and category insights through our thoroughly researched and infallible market reports, production cost reports, price analysis, and benchmarking.
Informes de Expertos (https://www.informesdeexpertos.com), the Spanish variant of Expert Market Research, is a platform that offers market research and consultancy services to a broad clientele base across Spanish speaking countries. With our primary focus on the Latin America and Spain markets, our research experts provide relevant and actionable insights into the markets and track major trends, economic developments, and global trade data.
Determined to bring client satisfaction, we make sure that our tailored approach meets the client's unique market intelligence requirements. Our syndicated and customized research reports cover a wide spectrum of industries ranging from pharmaceuticals and food and beverage to packaging, logistics, and transportation.
Company Name: EMR Inc.
Contact Person: Steven Luke, Corporate Sales Specialist - U.S.A.
Toll Free Number: +1-415-325-5166 | +44-702-402-5790
Address: 30 North Gould Street, Sheridan, WY 82801, USA
Country: United States
Also, Check Procurement Intelligence which provides you with Infallible research solutions.
*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.