Hexa Reports Industry Ballast Water Management Market

Ballast Water Management Market CAGR, Trends and Scope Analysis by 2021 “The Global Ballast Water Management Market to grow at a CAGR of 31.43% during the period 2017-2021. The report covers the present scenario and the growth prospects of the global ballast water management market for 2017- 2021.” Marine vessels take seawater onboard for stability; this water has a distinct marine environment signature with indigenous aquatic microbes and marine life. This ballast water, if released untreated at the vessel's new destination, may disrupt the local ecosystem. Ballast water management aims at reducing the harmful effects of ballast water disposal. The International Maritime Organization (IMO) adopted a convention for the control, management, and sedimentation of ballast water on February 2004. The Global Ballast Water Management Market to grow at a CAGR of 31.43% during the period 2017-2021. Covered in this report The report covers the present scenario and the growth prospects of the global ballast water management market for 2017-2021. To calculate the market size, the report considers new installations and retrofit market. The market is divided into the following segments based on geography: • Americas • APAC Browse Detail Report With TOC @ http://www.hexareports.com/report/global-ballast-water-management-market-2017-2021 Follow Us: