Press release
Membrane Bioreactor Systems (MBR) market will exhibit an impressive 14.5% CAGR By 2019
Owing to their higher efficiency in treating wastewater and industrial discharges as compared to conventional waste discharge treatment methods such as activated sludge systems, membrane bioreactors are rapidly replacing the latter across a vast number of application areas globally. Rising global population and the increased demand for adequate quantities of clean and fresh water, the demand for membrane bioreactor systems across the wastewater treatment sector has seen a vast rise in the past few years.Transparency Market Research states that the global membrane bioreactor systems (MBR) market will exhibit an impressive 14.5% CAGR over the period between 2013 and 2019. Expanding at this pace, the market, which held an opportunity of US$963.8 mn in 2012, is expected to rise to US$2,506.1 mn by 2019.
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In this blog post, Transparency Market Research analysts uncover some of the key facts and trends in the global membrane bioreactor systems market:
Which is the most influential regional market for membrane bioreactor systems presently?
Asia Pacific is presently the dominant regional market for membrane bioreactor systems, contributing 38% of the global market’s overall revenues in 2012. The key factors behind Asia Pacific’s dominant stance in the global membrane bioreactor systems market include the vast pace of urbanization and industrialization, which is leading to the vast rise in waste water production, and the rising awareness regarding the need to reclaim waste water.
The high urbanization rates in countries such as India and China have especially proved to be significant for the increased demand for clean water for agricultural and domestic purposes. This has bolstered the need for effective waste water treatment systems across industrial and municipal setups in the region, thus driving the membrane bioreactor system market. Enactment of several regulations and provision of subsidies have also helped in augmenting the overall growth prospects of the membrane bioreactor systems market in the region.
Membrane bioreactor systems are most prominently used in the municipal sector. Is the industrial sector lagging behind in exploiting this wastewater treatment technology?
It is true that out of the two broad end-use segments for the membrane bioreactor system market – municipal wastewater treatment and industrial wastewater treatment, the municipal sector is presently the largest contributor to the global market’s revenues. Nevertheless, the industrial sector is also increasingly adopting effective ways of recycling, reusing, or properly discarding wastewater that is generated every day across innumerous operations. Several strict environment-related regulations have necessitated the increased focus on effective treatment and reuse of industrial wastewaters. Apart from this, several companies are also undertaking increased efforts to efficiently and sustainably use water as a part of their corporate social responsibility missions.
The oil and gas refinery industry involves a vast range of extremely water-intensive processes and operations. Thus, companies in the field are under huge pressure to adopt effective water treatment technologies such as membrane bioreactor systems and are positively reacting to the scenario. Recently, the Canadian oil refinery Federated Co-Operatives Limited, located in Regina, Saskatchewan, Canada, has announced that it is planning to install GE Water’s advanced membrane bioreactor and reverse osmosis (RO) systems for a wastewater improvement project. The advanced water recycling technologies will allow the refinery to treat 100% of the wastewater generated onsite.
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