LONDON--(BUSINESS WIRE)--The global membrane bioreactors market is expected to grow at a CAGR of more than 10% during the forecast period, according to Technavio’s latest report.
In this report, Technavio covers the market outlook and growth prospects of the global membrane bioreactors market for 2017-2021. The market is segmented based on end-user, which includes municipal and industrial and geography, which includes APAC, EMEA, and the Americas.
The global membrane bioreactors market is expected to witness a steady growth during the forecast period. Technological innovation, R&D progress, streamlined manufacturing, and value chain optimization have helped in the growth of the overall market. There is a rising need for ultrapure water in industries such as semiconductors, pharmaceuticals, and power. These industries utilize huge volumes of water for various processes. As there is a high chance of water contamination in these industries, there is high demand for ultrapure water, which, in turn, is driving the demand for MBRs.
Technavio’s energy research analysts categorize the global membrane bioreactors market into the following segments by regions:
- APAC
- EMEA
- Americas
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APAC: largest membrane bioreactors market
Developing economies such as India, China, Indonesia, and the Philippines are majorly contributing to the growth rate of APAC. Countries such as China and India have witnessed a quick adoption of MBR technology owing to rapid industrialization and strong GDP growth. Also, it is expected that these countries will witness a faster growth during the forecast period.
“APAC is one of the most disaster-prone regions in the world. In 2013, over thousands of people died from water-related disasters in the region, accounting for nine-tenth of the water-related deaths, globally. The public water supply system in the region is not as developed when compared with countries such as the US, Canada, or countries in Europe,” says Thanikachalam Chandrasekaran, a lead analyst at Technavio for research on water and waste management.
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Membrane bioreactors market in EMEA
EMEA is expected to witness a stable growth in the membrane bioreactors market. The demand comes mainly from countries such as Saudi Arabia, the UAE, Kuwait, Algeria, Turkey, and Spain. The scarcity of clean and fresh water in these countries is responsible for the increasing demand for efficient water treatment technologies.
“Industrial applications including boiler feed water production, groundwater remediation, and wastewater treatment are fields where the technology is witnessing growth in the region. The increase in the use of MBR technology for water treatment will drive the market growth. Increased awareness about water treatment and safe drinking water is also driving the growth of the global membrane bioreactors market,” adds Thanikachalam.
Membrane bioreactors market in the Americas
The Americas is witnessing major demand from countries such as the US, Canada, Antigua, Argentina, Brazil, and Chile. The demand for MBRs will be mainly from the pharmaceuticals and chemical industries in these countries.
The American water technology sector has important federal policy programs such as the Clean Water Act established in 1972, and the Safe Drinking Water Act established in 1974. The Environmental Protection Agency (EPA) coordinates with these programs that implement discharge regulations and provide treatment and funding frameworks.
The top vendors in the global membrane bioreactors market highlighted in the report are:
- General Electric
- HUBER
- Koch Membrane Systems
- Mitsubishi Hitachi Power Systems Environmental Solutions
- Veolia Water Technologies
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