The membrane bioreactor (MBR) market is projected to grow at a CAGR of 8.54% to reach US$4.750 billion by 2026, from US$2.676 billion in 2019.
A membrane bioreactor (MBR) is primarily used for industrial and municipal wastewater treatment. Growing concerns regarding water and wastewater treatment due to global water scarcity are the major driver of the membrane bioreactor market. According to the United Nations, around 700 million people in 43 countries suffer from water scarcity. By 2025, 1.8 billion people are expected to be living in countries or regions with absolute water scarcity, and two-thirds of the world's population could be living under water-stressed conditions. Also, rapid urbanization and the development of infrastructure in developing economies will strengthen the market growth of the membrane bioreactor market. In addition, the rising number of industries across the globe has raised environmental concerns regarding the increasing amount of sewage and industrial sludge disposal from industries including food and beverage, pharmaceutical, and oil and gas, which is also boosting the demand for membrane bioreactors worldwide. There has been a rapid increase in the production of wastewater across the residential, commercial and industrial complexes that are being treated through MBRs worldwide. Moreover, the development of submerged MBRs will further proliferate the market growth during the forecast period. Furthermore, the key market players have heavily been investing in innovative water and wastewater treatments by launching new products, acquiring and merging with competitors, etc. which will further contribute to the market growth. For instance, in April 2021, Evoqua Water Technologies LLC, an industry leader in mission-critical water treatment solutions, acquired privately-held Water Consulting Specialists, Inc., a leader in the design, manufacturing, and service of industrial high-purity water treatment systems, to strengthen their portfolio of high-purity water systems.
By product, the multi-tubular segment is projected to grow at a high CAGR owing to the qualities such as robustness, operational flexibility, and control. By application, the municipal segment is estimated to hold a dominant market share owing to the increasing use of MBRs by municipal corporations. Geographically, North America holds a significant market share owing to the strict regulatory standards for industrial waste disposal. Asia-Pacific region will witness a considerable CAGR during the forecast period on account of the rising number of manufacturing facilities and supportive government initiatives to promote municipal wastewater treatment facilities in the region. Also, the increasing demand for MBRs in countries such as China and India will further strengthen the market growth of the region.
The rapidly surging population across the globe and the increasing urbanization will fuel the market growth as the wastewater treatment required for industrial and municipal waste will in turn increase thus accelerating the demand for MBRs in the market during the forecast period.
The initial costs associated with MBRs are very high, which may restrain the market growth in the long run. Also, the operating costs are high as well which may further hamper the market growth during the forecast period.
The Covid-19 pandemic negatively impacted the membrane bioreactor market, as due to the nationwide lockdown and restrictions on travel, many ongoing operations related to sewage and wastewater treatment were temporarily suspended which further hampered the demand for membrane bioreactors in the market. However, with the ease of restrictions, the market is expected to rebound during the forecast period.
The market leaders for the membrane bioreactor market consist of Koch Membrane Systems, Inc., SEUZ, General Electric Company, Toray Industries, Inc., Kubota Corporation, Evoqua Water Technologies LLC, Asahi Kasei Corporation, Ovivo, Veolia Water Technologies, and Smith & Loveless, Inc. The key players in the market implement growth strategies such as product launches, mergers, and acquisitions, etc. to gain a competitive advantage over their competitors. For instance, in September 2018, Ovivo, a global provider of water and wastewater treatment equipment, technology, and systems, acquired FilterBoxx Water & Environmental Corp. and its subsidiaries, a renowned leader in the design and supply of modular water and wastewater solutions. Also, in June 2018, Toray Industries, ORIX Corporation, and China Water Affairs Group formed a strategic partnership for the water treatment and aquatic environment projects in China.
|Market size value in 2019||US$2.676 billion|
|Market size value in 2026||US$4.750 billion|
|Growth Rate||CAGR of 8.54% from 2019 to 2026|
|Forecast Unit (Value)||USD Billion|
|Segments covered||Product, Configuration, Application, And Geography|
|Regions covered||North America, South America, Europe, Middle East and Africa, Asia Pacific|
|Companies covered||Koch Membrane Systems, Inc., SEUZ, General Electric Company, Toray Industries, Inc., Kubota Corporation, Evoqua Water Technologies LLC, Asahi Kasei Corporation, Ovivo, Veolia Water Technologies, Smith & Loveless, Inc.|
|Customization scope||Free report customization with purchase|
Frequently Asked Questions (FAQs)
Q1. What will be the membrane bioreactor (MBR) market size by 2026?
A1. The membrane bioreactor (MBR) market is projected to reach a market size of US$4.750 billion in 2026.
Q2. What is the size of global membrane bioreactor market?
A2. Membrane Bioreactor (MBR) Market was valued at US$2.676 billion in 2019.
Q3. What are the growth prospects for the membrane bioreactor (MBR) market?
A3. The global membrane bioreactor market is projected to grow at a CAGR of 8.54% over the forecast period.
Q4. What factors are anticipated to drive the membrane bioreactor market growth?
A4. Growing concerns regarding water and wastewater treatment due to global water scarcity are the major driver of the membrane bioreactor market.
Q5. Which region holds the maximum market share of the membrane bioreactor (MBR) market?
A5. Geographically, North America holds a significant share of the membrane bioreactor market owing to the strict regulatory standards for industrial waste disposal.
Koch Membrane Systems, Inc.
General Electric Company
Toray Industries, Inc.
Evoqua Water Technologies LLC
Asahi Kasei Corporation
Veolia Water Technologies
Smith & Loveless, Inc.
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