Report Code: A07886 | Pages: NA | Jul 2023 | 3463 Views | ||
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Pandemic disrupted the entire world and affected many industries.
Get detailed COVID-19 impact analysis on the Ballast Water Treatment Market
Request Now !Ballast water treatment is a process that is used to treat ballast water before discharging it out of a ship in ports or in the middle of the sea with a view to prevent aquatic organisms and damage the marine environment from harmful elements. This water treatment is primarily used by the maritime industry to deactivate microorganisms such as marine worm larvae, juvenile barnacles, flatworms from ballast water without adding any toxic substance to it. This system is cost-effective and features high efficiency with low power consumption. Ballast water systems reduce instability and unusual movement of ships as center of gravity of wing ballast tanks is much better than that of double bottom tanks. It is compact in size, environment-friendly, easily installable, and independent of salinity, which requires minimal safety issue, thereby, enhancing product quality standards in the market. Improvements in this system enhances profitability in trade as well as in medicine manufacturing firms, which implies that the ballast water treatment market will undergo significantly high growth in coming years.
COVID-19 scenario Analysis:
Necessity to decrease instability and unusual movement of ships during rising volume of seaborne trade and increase in focus to conserve marine ecosystem from pollutants are major factors that drive the ballast water treatment market growth. However, storage of by-products generated after ballast water treatment result in toxic environment, owing to pollution caused along with lack of skilled workforce for its complex operation hampers ballast water treatment market share.
On the contrary, strict regulations by the United States Coast Guard (USCG), International Maritime Organization (IMO) for mandatory installation of ballast water tanks, and need of advanced oxidation process, owing to unauthorized ocean dumping boosts market revenue. In addition, growth in advancements of this disinfection technology along with optimizing resource utilization and ease of operation of vessels present new pathways to the ballast water treatment industry.
Key market players are adopting necessary steps to improve accuracy and high performance of ballast water treatment system with a view to offer stability and maneuverability during transit.
In September 2019, BIO-UV Group, French Ballast Water Treatment Specialist, launched BIO-SEA Easy-to-Fit to meet demand for retrofit installation aboard vessels while space of engine room is limited. It is a compact, flexible ballast water treatment system with footprint of 1.5 sqm and can be divided into two skids. This system can easily fit through existing hatches and doors without having to cut access hole into vessels with low installation cost. It is incorporated with filters and pipework much larger than their flow rates actually require and meets the maritime industry’s retrofit requirements.Â
Ships, tankers, and cargo ships are used to transport high volume of crude oil, chemicals, petrol, and LNG along with electronic or automotive components. Ballast water treatment systems are essentially required in these ships to prevent potentially harmful pathogens in ballast water for safe operations.
In May 2020, Evac Evolution Ballast Water Treatment System was installed on the Irish lights vessel with a capacity to treat ballast water at a rate of up to 250m3/hr. It is based on a combination of filtration and UV technology and is completely chemical-free. This system is effective in freshwater and seawater and is available with capacities ranging from 34m3/hr to 1500m3/hr, thus enabling vessels to operate without restriction. The space-saving, energy-effective system ensures effective disinfection in challenging water conditions due to an advanced UV light transmittance (UVT) feedback loop.
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Questions answered in the ballast water treatment market research report:
Ballast Water Treatment Market Report Highlights
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Key Market Players | Evoqua Water Technologies LLC, Hyde Marine Inc, Calgon carbon Corp., Trojan Marinex, Mitsubishi Heavy Industries, MH Systems Inc., Marenco Technology Grp Inc., Wartsila Corp., NEI Treatment Systems, Xylem Inc. |
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