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Ballast Water Treatment Systems (Bwts) Market To Reach A Valuation Of ~Us$ 8 9 Bn By 2027

Ballast Water Treatment Systems (Bwts) Market To Reach A Valuation Of ~Us$ 8 9 Bn By 2027
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FactMR: Sustainability Initiatives Key to Future of Ballast Water Treatment Systems (BWTS) Market: Fact MR Report

FactMR: Sustainability Initiatives Key to Future of Ballast Water Treatment Systems (BWTS) Market: Fact.MR Report Ballast water treatment system manufacturers are seeking to comply with IMO s recommendations in terms of mandatory ballast sampling measures, which will drive long term growth. DUBAI, UAE / ACCESSWIRE / January 7, 2021 / The global ballast water treatment systems market is estimated to display an impressive growth rate of approximately 10% CAGR for 2020-2030. According to a new Fact.MR study, the high costs of installing and maintaining ballast systems in addition to regular changes in terms of government safety standards are key factors supporting market growth. The covid-19 pandemic is hindering short term prospects, owing to restrictions on the manufacturing sector.

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