Membrane Aerated Biofilm Reactor Market: Introduction
- Over the last few years, rise in industrialization and rapid growth in population have created high demand for fresh and clean water all over the world
- Scarcity of freshwater and concerns regarding depletion of freshwater sources have triggered investments in the installation of wastewater treatment systems. Governments of several countries have started implementing strict regulations about wastewater treatment.
- Wastewater contains a wide range of complex and toxic compounds, which are harmful to the environment. Governments and companies are using various methods of water purification so that the treated water can be reused for various domestic and industrial proposes.
- Membrane aerated biofilm reactors offer more advanced water treatment than aerobic wastewater treatment, as they have high energy efficiency and increased treatment capacity. Hence, companies are investing more in the membrane aerated biofilm reactor technology.
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Key Drivers and Restraints of Global Membrane Aerated Biofilm Reactor Market
- Concerns regarding freshwater scarcity is the key driver of the global market for membrane aerated biofilm reactors. Governments and regulatory authorities are implementing stringent regulations regarding wastewater treatment. Also, various governments are providing tax benefits and incentives to promote adoption of wastewater treatment technologies in the domestic as well as industrial sector. Thus, stringent regulations to promote water conservation and reuse of treated wastewater to reduce water pollution is one of the major drivers of the global membrane aerated biofilm reactor market.
- Increased energy saving and risen treatment capacity along with low carbon emissions offered by membrane aerated biofilm reactors are expected to drive the global membrane aerated biofilm reactor market during the forecast period. Use of membrane aerated biofilm reactors increases the treatment capacity by more than 50% and reduces the energy consumption by more than 70%. This makes it an eco-friendly solution.
- Governments and regulatory authorities have mandated the implementation of wastewater treatment systems. However, industries with high capital investments are reluctant in implementing these systems. This factor, along with lack of infrastructure and awareness about membrane aerated biofilm reactors, is a major restraining factor for the global membrane aerated biofilm reactor market.
Global Membrane Aerated Biofilm Reactor Market: Segmentation
- The global membrane aerated biofilm reactor market can be segmented based on application, treatment capacity, and type
- Based on application, the global membrane aerated biofilm reactor market can be segmented into municipal and industrial. Industrial is expected to be the dominant segment during the forecast period, due to high consumption and disposal of water in the industrial sector. Industrial wastewater can be reused for various industrial processes.
- Based on treatment capacity, the global membrane aerated biofilm reactor market can be segmented into 1 m3/d - 50 m3/d, 50 m3/d - 150 m3/d, 150 m3/d - 500 m3/d, and above 500 m3/d. Membrane aerated biofilm reactors with the treatment capacity of 50 m3/d - 150 m3/d and 150 m3/d - 500 m3/d witness high demand from industries.
- Based on type, the global membrane aerated biofilm reactor market can be segmented into modules, containerized, and concrete plants. Reactors of containerized and concrete plants type are expected to witness high demand from both domestic and industrial users.
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Global Membrane Aerated Biofilm Reactor Market: Regional Segmentation
- Asia Pacific is expected to dominate the global membrane aerated biofilm reactor market during the forecast period. Implementation of strict policies regarding wastewater treatment and concerns regarding freshwater sources are expected to drive the membrane aerated biofilm reactor market in Asia Pacific in the next few years. Countries such as China, India, and Japan are major markets for membrane aerated biofilm reactors in Asia Pacific.
- The membrane aerated biofilm reactor market in North America and Europe is estimated to expand at a substantial rate during the forecast period. This can be attributed to increase in industrial activities, water pollution, and concerns regarding long-term availability of freshwater sources in these regions. Furthermore, stringent rules and regulation by governments are expected to drive the market in these regions during the forecast period.
Key Players Operating in Global Market:
- OxyMem Limited
- Fluence Corporation Limited
- GENERAL ELECTRIC
- Verde Environmental Group
Global Membrane Aerated Biofilm Reactor Market: Research Scope
Global Membrane Aerated Biofilm Reactor Market, by Application
Global Membrane Aerated Biofilm Reactor Market, by Treatment Capacity
- 1 m3/d – 50 m3/d
- 50 m3/d – 150 m3/d
- 150 m3/d – 500 m3/d
- Above 500 m3/d
Global Membrane Aerated Biofilm Reactor Market, by Type
- Concrete Plants
Global Membrane Aerated Biofilm Reactor Market, by Region
- North America
- Russia & CIS
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia Pacific
- Latin America
- Rest of Latin America
- Middle East & Africa
- South Africa
- Rest of Middle East & Africa
Disclaimer: This ongoing market research study is a meticulously planned activity where a broad array of factors and aspects that shape the marketing environment and industry are taken into account. However, keeping in mind the constantly changing nature of business dynamics and changing strategic intents, we are always actively making iterations and modifications in our approaches. As always, we are ready to tailor our insights and guidance to suit your requirements. Engage with us to know what more is there for your CXOs.