The ballast water treatment market is expected to grow at a CAGR of 37% by 2024

   September 30, 2019
According to a market report by Lucintel, the future of the ballast water treatment market looks promising with opportunities in the physical disinfection, mechanical method, and chemical methods. The ballast water treatment market is expected to grow with a CAGR of 37% from 2019 to 2024. The major drivers for this market are government initiatives towards marine environmental protection, rise in volumes of seaborne trade, and emerging healthcare concern in the shipping industry.

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In this market, physical disinfection, mechanical method, and chemical methods are the major technology types. Within the ballast water treatment market, container ships, dry bulk carriers, tankers, and general cargos are the major ship types.

Wärtsilä, Calgon Carbon, Alfa Laval, Xylem, Evoqua Water Technologies, Veolia Environment, Mitsubishi Heavy Industries, Ecochlor, Optimarin, Qingdao Headway Technology are among the major suppliers in the ballast water treatment market.

Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the ballast water treatment market by technology, capacity, ship type, service, and region. Lucintel has prepared a comprehensive research report entitled “Ballast Water Treatment market 2019-2024: Trends, Forecast, and Opportunity Analysis.” This Lucintel report serves as a catalyst for growth strategy as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes a forecast for the ballast water treatment market by technology, capacity, service, ship type, and region as follows:

By Technology [$M shipment analysis for 2013 - 2024]:

  • Physical disinfection

  • Mechanical method

  • Chemical method

By Capacity [$M shipment analysis for 2013 - 2024]:

  • Less than 1,500 m3

  • 1,500–5,000 m3

  • More than 5,000 m3

By Service [$M shipment analysis for 2013 - 2024]:

  • Installation and calibration

  • Performance measurement

  • Recommissioning

By Ship Type [$M shipment analysis for 2013 - 2024]

  • Container ships

  • Dry bulk carriers

  • Tankers

  • General cargos

  • Others

By Region [$M shipment analysis for 2013 – 2024]:

  • North America

    • United States

    • Canada

    • Mexico

  • Europe

    • UK

    • Germany

    • Italy

  • Asia Pacific

    • China

    • Japan

    • India

  • Rest of the World

This 150-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link or

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