Membrane Bioreactor (MBR) Systems Market: Introduction
According to the TMR report, the global MBR systems market will expand at an exponential and robust 14.5% CAGR over the period between 2021 and 2031, rising from a valuation of US$ 2,869.485 Mn in 2020 to US$ 12,725.19 Mn by 2031. Increase in demand for clean water to suffice the needs of the mounting global population and tightening regulations regarding the treatment of wastewater and industrial discharges are some of the major factors projected to give significant push to the global MBR systems market over the report’s forecast period.
Membrane bioreactor (MBR) systems, the new yet highly effective and rapidly maturing wastewater treatment systems, are swiftly replacing conventional activated sludge systems across the globe owing to their higher efficiency in treating industrial discharges as compared to the latter. With rising population and heightened requirement for sufficient fresh and clean water, treatment of wastewater has become highly necessary on a global front. This need is the major demand driver of the global membrane bioreactor systems market.
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Rise in demand for clean water is the primary growth driver, as described in the study report. MBRs are typically employed for large-scale water purification systems. Stringent government regulations regarding the quality and purity of water are rapidly growing in prominence to become an important factor for the MBR systems market. In addition, growing concerns about the quality of drinking water and rise in regulatory restrictions on affluent discharge from all commercial areas and industries are majorly driving the demand for MBR systems across the globe.
Membrane bioreactors (MBR) are a new yet rapidly maturing technology in the area of wastewater treatment. MBR systems have gradually replaced the conventional activated sludge (CAS) systems in the global market. MBR systems are effective in settling the activated sludge used in secondary clarifiers and thus their demand is significant in industrial and commercial areas of applications.
With growing population and increasing requirements for sufficient clean and fresh water, treatment of wastewater is imperative. Of all the MBR’s employed globally, a majority belongs to municipal corporations for treatment of domestic wastewater.
Membrane Bioreactor (MBR) Systems Market Expansion
Based on application, the market has been segmented into municipal wastewater treatment and industrial wastewater treatment. In terms of product type, the market has been classified into hallow fiber, multi-tubular, and flat sheet. In terms of configuration, the market has been bifurcated into submerged and side stream systems. The market has been studied in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
Of the two major application-based segments of MBR systems examined in the report, the municipal wastewater treatment segment accounted for dominant share of the global market in 2020. It is also expected to be the fastest growing segment, exhibiting a 21.7% CAGR over the report’s forecast period. Implementation of stringent government regulations in several regional markets pertaining to the provision of safe and clean water is expected to be the crucial factor behind excellent growth prospects of the segment.
Membrane Bioreactor (MBR) Systems Market Dominated by Asia Pacific
Asia Pacific, which accounted for a dominant share of 39% of the global MBR systems market in 2020, is projected to exhibit the highest demand for MBR systems over the report’s forecast period.
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Membrane Bioreactor (MBR) Systems Market: Key Players
Some of the major vendors in the global MBR systems market profiled in the report are Asahi Kasei, Mitsubishi Rayon Co. Ltd., Toray Industries, Inc., Evoqua Water Technologies/Siemens Water Technologies, Kubota Membrane Europe Ltd., United Envirotech Ltd., Tianjin MOTIMO Membrane Technology Ltd. (MOTIMO), Koch Membrane Systems, Inc., GLV Group (GLV Inc.)/Ovivo Water, GE Water and Process Technologies, and Beijing Origin Water Technology Co., Ltd.
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