- Increase in need for removing unsafe organic contaminants from wastewater is fueling sales in the membrane bioreactor (MBR) systems market
ALBANY, N.Y., April 28, 2022 (GLOBE NEWSWIRE) -- According to a study by Transparency Market Research (TMR), the global membrane bioreactor (MBR) systems market is estimated to register growth at a CAGR of 14.5% during the forecast period of 2021 to 2031.
Hollow fiber MBR systems are gaining traction and being adopted in the industrial as well as municipal wastewater treatment projects across the globe, owing to their advantages such as low cost of implementation. Hence, rising product adoption is fueling sales growth in the global membrane bioreactor (MBR) systems market. Moreover, the presence of strict regulations in many developing nations pertaining to providing clean and safe water is prognosticated to drive the demand prospects in the global membrane bioreactor (MBR) systems market during the forecast period.
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Membrane Bioreactor (MBR) Systems Market: Key Findings
- MBR systems are gaining traction and being utilized in varied application due to their several advantages such as high throughput and ability to work efficiently under vacuum & pressure. Moreover, rising use of MBR systems in municipal wastewater across many countries around the world is boosting the global membrane bioreactor (MBR) systems market growth.
- The membrane filtration technology is experiencing notable technological advancements. Moreover, rise in advancements in MBR systems has resulted into advanced configurations and hydraulics, and their improved overall capability. Hence, surge in the adoption of varied automated technologies is generating prominent business expansion opportunities in the global membrane bioreactor (MBR) systems market. As a result, the market is expected to be valued at US$ 12.7 Bn by 2031.
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Membrane Bioreactor (MBR) Systems Market: Growth Boosters
- Rise in population and surge in need of freshwater around the world are offering promising expansion opportunities to membrane bioreactor (MBR) systems market players
- Increase in concerns pertaining to plummeting quality of freshwater across the globe is generating notable sales opportunities in the membrane bioreactor (MBR) systems market
- Need for removing harmful organic contaminants from wastewater is expected to lead to profitable prospects in the global membrane bioreactor (MBR) systems market
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Membrane Bioreactor (MBR) Systems Market: Regional Analysis
- The membrane bioreactor (MBR) systems market in Asia Pacific is prognosticated to maintain its dominant position during the forecast period. This market growth can be attributed to rise in need of municipal wastewater treatment across many regional nations, including China, increase in investments toward urban sewage treatment plants by governments, and swift industrialization and urbanization in China.
- The membrane bioreactor (MBR) systems market in North America and Europe is estimated to gain profitable opportunities in the upcoming years, owing to increase in need of replacement of membranes and filters in MBR systems. Furthermore, surge in support by governments, provision of subsidies, and presence of many strict regulations in North America are some of the key factors projected to propel the regional membrane bioreactor (MBR) systems market in the upcoming years.
Membrane Bioreactor (MBR) Systems Market: Key Players
Some of the key players profiled in the report are:
- Mitsubishi Rayon Co. Ltd.,
- Asahi Kasei
- Evoqua Water Technologies/Siemens Water Technologies
- Toray Industries, Inc.,
- Tianjin MOTIMO Membrane Technology Ltd. (MOTIMO)
- Kubota Membrane Europe Ltd.,
- GLV Group (GLV Inc.)/Ovivo Water
- Koch Membrane Systems, Inc.,
- Beijing Origin Water Technology Co., Ltd.
- GE Water and Process Technologies
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Membrane Bioreactor (MBR) Systems Market Segmentation
Application
- Municipal Wastewater Treatment
- Industrial Wastewater Treatment
Product Type
- Hollow Fiber
- Flat Sheet
- Multi-tubular
Configuration
- Submerged
- Side Stream
Regional Analysis
- Europe
- Asia Pacific
- Latin America
- North America
- Middle East & Africa
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