Global Membrane Bioreactor Systems Market to Exhibit 14.5% CAGR as Regulations Regarding Industrial Wastewater Treatment Tighten
The global membrane bioreactor systems market has been analyzed in a detailed market research report recently published by Transparency Market Research. The report presents a 360-degree overview of the market and an all-inclusive analysis of the major factors that are projected to substantially impact the developmental prospects of the market over the report’s forecast period. The report is titled “Membrane Bioreactor (MBR) Systems Market - Global Industry Analysis, Size, Share, Growth, Trends And Forecast, 2012 - 2019.”
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Membrane bioreactor (MBR) systems, the new yet highly effective and rapidly maturing wastewater treatment systems, are swiftly replacing conventional activated sludge systems across the globe owing to their higher efficiency in treating industrial discharges as compared to the latter. With rising populations and heightened requirement for sufficient fresh and clean water, treatment of wastewater has become highly necessary on a global front. This need is the major demand driver of the global membrane reactor systems market.
With growing population and increasing requirements for sufficient clean and fresh water, treatment of wastewater is imperative. Of all the MBR’s employed globally, a majority belongs to municipal corporations for treatment of domestic wastewater.
The report states that the global MBR systems market will expand at an exponential robust 14.5% CAGR over the period between 2013 and 2019, rising from a valuation of US$963.8 mn in 2012 to US$2,506.1 mn by 2019. The rising demand for clean water to suffice the needs of the mounting global population and tightening regulations regarding the treatment of wastewater and industrial discharges are some of the major factors projected to give significant push to the global MBR systems market over the report’s forecast period.
The report segments the market on the basis of four criteria: Application, product type, configuration, and geography.
On the basis of application area, the market has been segmented into municipal wastewater treatment and industrial wastewater treatment. On the basis of product type, the market has been segmented into hallow fiber, multi-tubular, and flat sheet. On the basis of configuration of MBR systems, the market has been segmented into submerged and side stream systems. Based on geography, the market has been segmented into North America, Europe, Asia Pacific, and Rest of the World.
Of the two major application-based segments of MBR systems examined in the report, the segment of municipal wastewater treatment accounted for a dominant share in the global market. It is also expected to be the fastest growing segment, exhibiting a 21.7% CAGR over the report’s forecast period. Stringent government regulations in several regional markets pertaining to the provision of safe and clean water will be the crucial factor behind excellent growth prospects of the segment.
Asia Pacific, which accounted for a dominant share of 39% in the global MBR systems market in 2012, is projected to exhibit the highest demand for MBR systems over the report’s forecast period.
The report also presents a comprehensive overview of the competitive landscape of the global membrane bioreactor systems market, wherein it presents detailed business profiles, SWOT analysis, details regarding finances, recent developments, inputs from industry experts, and other details pertaining to some of the major vendors in operating in the market.
Some of the major vendors in the global MBR systems market profiled in the report are Asahi Kasei, Mitsubishi Rayon Co. Ltd., Toray Industries, Inc., Evoqua Water Technologies/Siemens water technologies, Kubota Membrane Europe Ltd., United Envirotech Ltd., Tianjin MOTIMO Membrane Technology Ltd. (MOTIMO), Koch Membrane Systems, Inc., GLV Group (GLV Inc.)/Ovivo Water, GE Water and Process Technologies, and Beijing Origin water Technology Co., Ltd.
The market has been segmented into:
- MBR Systems Market: Application Analysis
- Municipal Wastewater Treatment
- Industrial Wastewater Treatment
- MBR Systems Market: Product Segment Analysis
- Hollow Fiber
- Flat Sheet
- MBR Systems Market: Configuration Analysis
- Side Stream
- MBR Systems Market: Regional Analysis
- North America
- South Korea
- RoW (Rest of the World)
- Middle East
- North America
Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.
TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.
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