Knowledge Sourcing Intelligence launches the publication of a new report on “Membrane Bioreactor (MBR) Market – Forecasts from 2019 to 2026” to their giving.
The prime factor driving the growth of the membrane bioreactor (MBR) market is the rapid urbanization and increasing population.
As per the report, the Membrane Bioreactor (MBR) Market is expected 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 a wastewater treatment system that combines a membrane process such as microfiltration or ultrafiltration with a biological wastewater treatment system such as activated sludge. It is currently widely utilized in the treatment of municipal and industrial wastewater. During the forecast period, the growing demand for upgrading existing wastewater treatment facilities that have reached capacity is projected to boost the membrane reactors market. Membrane bioreactors are used to achieve bacterial digestion of waste organic matter and easy separation of the treated effluent from remaining suspended particles. Furthermore, favorable government efforts relating to improved wastewater treatment techniques are boosting the membrane bioreactor market. Membrane bioreactors are quickly becoming the best available technology for wastewater treatment, as they can handle significantly greater solids concentrations in the influent.
Based on the product, the membrane bioreactor (MBR) market is fragmented into hollow fiber, flat sheet, and multi-tabular. During the projection period, hollow fiber is expected to be the fastest-growing category. Hollow fiber membranes have lower operational and maintenance expenses than a flat sheets and multi-tubular membranes, which is boosting the industry. Municipalities are progressively building hollow fiber membrane bioreactors, which is accelerating its expansion. Based on the configuration, the membrane bioreactor (MBR) market is segmented into submerged and side-stream.
By application, the membrane bioreactor (MBR) market is segmented into municipal and industrial among which the municipal segment is expected to show prominent growth as municipalities are increasingly turning to membrane bioreactors to meet the strict criteria required by regulatory authorities on wastewater disposal. The use of membrane bioreactors by municipal corporations in emerging countries is being driven by population growth and dwindling freshwater supplies. Furthermore, because the overall flow of sewage in municipal wastewater treatment facilities is larger than that of industrial effluents, membrane bioreactors are being used more often.
Based on geography, the membrane bioreactor (MBR) market is segmented into the South American region, North American region, the Middle East and African region, the European region, and the Asia Pacific region. During the projected period, Asia Pacific accounted for the biggest proportion of the worldwide membrane bioreactor market, and the market in this region is predicted to grow at the fastest rate. The industrial sector's rapid expansion and the region's growing population have fueled demand for membrane bioreactors in Asia Pacific's industrial sector and municipalities. Furthermore, the region's use of membrane bioreactors is boosted by diminishing freshwater supplies and growing pollution of local water bodies due to waste discharge in developing economies.
As a part of the report, the major players operating in the iris recognition market, that have been covered are 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.
View a sample of the report or purchase the complete study at https://www.knowledge-sourcing.com/report/membrane-bioreactor-mbr-market
This analytics report segments the membrane bioreactor (MBR) market on the following basis
- By Product
- Hollow Fiber
- Flat Sheet
- By Configuration
- By Application
- By Geography
- North America
- South America
- Middle East and Africa
- Saudi Arabia
- Asia Pacific
- North America