The global ballast water treatment market size is expected to reach 8.9 billion U.S. dollars in 2027. The growth of this market reflects the increasing volume of maritime trade and the stricter regulations imposed by the International Maritime Organization on ballast water management. The estimates refer to the chemical treatment and physical treatment segments.
Projected size of the global ballast water treatment systems market between 2019 and 2027
(in billion U.S. dollars)
This Statista estimate is based on the 2027 value and the compound annual growth rate from 2019 to 2027 of 10 percent as provided by the source. An exponential development of the market was assumed.
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Statista. (November 1, 2019). Projected size of the global ballast water treatment systems market between 2019 and 2027 (in billion U.S. dollars) [Graph]. In Statista. Retrieved November 03, 2024, from https://www.statista.com/statistics/1099344/projected-size-of-the-global-ballast-water-treatment-systems-market/
Statista. "Projected size of the global ballast water treatment systems market between 2019 and 2027 (in billion U.S. dollars)." Chart. November 1, 2019. Statista. Accessed November 03, 2024. https://www.statista.com/statistics/1099344/projected-size-of-the-global-ballast-water-treatment-systems-market/
Statista. (2019). Projected size of the global ballast water treatment systems market between 2019 and 2027 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: November 03, 2024. https://www.statista.com/statistics/1099344/projected-size-of-the-global-ballast-water-treatment-systems-market/
Statista. "Projected Size of The Global Ballast Water Treatment Systems Market between 2019 and 2027 (in Billion U.S. Dollars)." Statista, Statista Inc., 1 Nov 2019, https://www.statista.com/statistics/1099344/projected-size-of-the-global-ballast-water-treatment-systems-market/
Statista, Projected size of the global ballast water treatment systems market between 2019 and 2027 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1099344/projected-size-of-the-global-ballast-water-treatment-systems-market/ (last visited November 03, 2024)
Projected size of the global ballast water treatment systems market between 2019 and 2027 (in billion U.S. dollars) [Graph], Statista, November 1, 2019. [Online]. Available: https://www.statista.com/statistics/1099344/projected-size-of-the-global-ballast-water-treatment-systems-market/
