Global Membrane Bioreactors Market to Reach US$888 Million by 2017, According to a New Report by Global Industry Analysts, Inc.
GIA announces the release of a comprehensive global report on Membrane Bioreactors market. The global market for Membrane Bioreactors is forecast to reach US$888 million by the year 2017, driven by stringent effluent discharge norms, rising water scarcity, and enhanced emphasis on water reuse and recycling for freshwater conservation. Other factors fuelling market growth include technological advancements, the need to replace traditional equipment, and increasing application across various end-use markets.
San Jose, California (PRWEB) November 21, 2011
Follow us on LinkedIn – Membrane bioreactors are rapidly advancing across the world in terms of research, technology, and commercial applications. The market is characterized by the distinctive growth rates for various markets, partly due to the varying applications and legislative pressures. With MBR technology finding increasing use in municipal, marine, and industrial applications, the global membrane bioreactors market is set to increase at a comparatively faster rate compared to the other kinds of membrane systems used in wastewater treatment. The need to replace aging infrastructure for water treatment as well as the installation of new ones is expected to stimulate growth in future. The primary growth driver for MBR across the globe is however the need to comply with the environmental laws. Over the years, newer applications of MBR technology have emerged and these include treatment of wastewater contaminated with trace pharmaceutical compounds, groundwater remediation, denitrification of drinking water, and landfill leachate. As the MBR market reaches maturity, sales for replacement products would comprise a substantial share of the overall market.
Robust demand from the industrial and municipal sectors on account of the economic revival is driving growth in the membrane bioreactor (MBR) installations, following a lackluster performance during the past few years. MBR installations capacity grew in 2007, but declined in 2008 and 2009. The market was impacted by lower industrial spending due to the economic downturn. However, there was an increase in demand for large-size plants during the past 2-3 years. Installations of MBR increased significantly in the years 2010 and early 2011. The small footprint of current technologies makes the solution suitable to renovate old plants. The new MBRs are also capable of purifying water as per the stringent requirements in terms of water reuse and nutrient removal. MBRs are therefore expected to find increasing use in industrial applications over the coming years, especially for water reuse. The revival of economic growth is expected to result in the widespread adoption of the technology, with declining capital costs providing additional impetus.
As stated by the new market research report on Membrane Bioreactors, Asia-Pacific continues to remain the largest regional market. The region is expected to maintain its dominance, propelled by the commissioning of Greenfield projects in several emerging markets, including China, and refurbish/retrofit opportunities in other established markets within the region. Asia-Pacific also represents the fastest growing regional market displaying a CAGR of about 20.2% over the analysis period. Major factors driving growth in the Asia-Pacific market include rapid industrialization, high water stress levels, growing emphasis on reuse and recycle of water, and increasing legislations. Municipal sector represents the largest end-use application for membrane bioreactors. Possessing features such as abilities to enable water reuse and nutrient removal, MBRs are therefore expected to find increasing use in Industrial applications over the coming years, especially for water reuse.
Owing to the ongoing technological advancements, modern membrane bioreactor systems have become more energy efficient, thereby offering significant savings over operational expenditures. Modern membrane bioreactor systems are also relatively cheaper compared to other technologies. These technological advancements have offered MBR systems with a competitive edge over other conventional water purification systems such as reverse osmosis. Limited space acts as main restraint for the establishment of water treatment plants to address the needs of all communities. Moreover, membrane bioreactor systems do not require chemicals for filtration purposes. Packaged MBR is one of the fastest growing segments in the global MBR market. The segment offers potential growth opportunities to small vendors and new market entrants. Packaged MBRs is a fast emerging segment in the US and Europe with several well established market players.
Major players profiled in the report include Aqua-Aerobic Systems Inc., Asahi Kasei Group, GE Water & Process Technologies, Keppel Seghers Belgium NV, Koch Membrane Systems, Inc., Kubota Corporation, Norit, Pall Corporation, Siemens Water Technologies, Toray Industries Inc., Veolia Environnement, among others.
The research report titled Ã¢Å“Membrane Bioreactors: A Global Strategic Business ReportÃ¢ announced by Global Industry Analysts Inc., provides a comprehensive review of the membrane bioreactors markets, current market trends, key growth drivers, recent product launches, recent industry activity, and profiles of major/niche global as well as regional market participants. The report provides annual sales estimates and projections for membrane bioreactors market for the years 2009 through 2017 for the following geographic markets – US, Canada, Japan, Europe, Asia-Pacific, Latin America, and Rest of World. Also, a six-year (2003-2008) historic analysis is provided for additional perspective. The report analyzes the membrane bioreactors market by the following end-use segments Ã¢“ Municipal, and Industrial.
For more details about this comprehensive market research report, please visit Ã¢“ http://www.strategyr.com/Membrane_Bioreactors_Market_Report.asp
About Global Industry Analysts, Inc.
Global Industry Analysts, Inc., (GIA) is a leading publisher of off-the-shelf market research. Founded in 1987, the company currently employs over 800 people worldwide. Annually, GIA publishes more than 1300 full-scale research reports and analyzes 40,000+ market and technology trends while monitoring more than 126,000 Companies worldwide. Serving over 9500 clients in 27 countries, GIA is recognized today, as one of the world’s largest and reputed market research firms.
Global Industry Analysts, Inc.
Web Site: http://www.StrategyR.com/
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