Global Ballast water treatment systems market

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Ballast Water Treatment Systems (BWTS) Market Share, Market Size, Analysis, Growth, Regional Outlook, Strategies, Trends and Forecasts to 2025 | Hexa Research

"Ballast Water Treatment Systems Market Worth $117.55 Billion By 2025."

The global Ballast Water Treatment Systems (BWTS) Market is expected to reach USD 117.55 billion by 2025, driven by growth in the size of shipping industry trade volume and rising government initiatives in line with the International Maritime Organization (IMO) regulations. Furthermore, the ballast water treatment systems market is expected to be growing as BWTS is effective in regulating unauthorized ocean dumping, oil & chemical spills, and the introduction of aquatic invasive species. North America dominated the global market in 2016, and the trend is likely to continue over the next few years due to supporting regulations coupled with rising focus on environmental safety conservation. Asia-Pacific and Europe followed suit, with a consolidated contribution of USD 59.48 billion by 2025. Browse Details of Report @ https://www.hexaresearch.com/research-report/ballast-water-treatment-systems-bwts-market

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