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Ballast Water Treatment Market, Europe to Dominate Market Revenues from 2017 to 2019, according to Frost & Sullivan

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Ballast Water Treatment Market, EuropeBallast Water Treatment Market, Europe to Dominate Market Revenues from 2017 to 2019, according to Frost & Sullivan PR Newswire LONDON, April 1, 2014 - Registration open to attend a complimentary online conference during which an analyst will present the most significant trends and challenges The global ballast water treatment systems market is estimated to grow at a compound annual growth rate of 21 percent from 2012 until 2019. The retrofit market is expected to account for a substantial share of the global market during its peak installation period in 2018. Bulk carriers as well as oil and chemical tankers will be key end users, generating cumulative revenues over the forecast period. Europe will dominate market revenues from 2017 to 2019 while Asia-Pacific will display consistent performance throughout the study period. On this subject Frost & Sullivan is organizing an online conference open to all companies interested in learning more about future trends and challenges facing the global ballast water treatment systems market. Research Analyst Vandhana Ravi will present the key findings of an exhaustive research during the past few weeks. The conference will take place on Thursday 10 April, at 4 pm BST. Europe has numerous merchant vessels operating on the seas of Germany, Greece, Norway, Russia, Italy, France and Belgium, which have emerged as market hotspots.

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Published 01 April 2014
Reads 6
Language English
Ballast Water Treatment Market, Europe to Dominate Market Revenues from 2017 to 2019, according to Frost & Sullivan

PR Newswire

- Registration open to attend a complimentary online conference during which an analyst will present the most significant trends and challenges

The global ballast water treatment systems market is estimated to grow at a compound annual growth rate of 21 percent from 2012 until 2019. The retrofit market is expected to account for a substantial share of the global market during its peak installation period in 2018. Bulk carriers as well as oil and chemical tankers will be key end users, generating cumulative revenues over the forecast period. Europe will dominate market revenues from 2017 to 2019 while Asia-Pacific will display consistent performance throughout the study period.