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As per Technavio's membrane bioreactors market research report, the increase in industrialization will be one of the major factors that will have a positive impact on the growth of the market. The increasing industrial production and improving standard of living has led to an increase in the use of water in several countries. This increases the need to recycle and reuse water for public use, subsequently driving the need to increase the demand for water treatment equipment that can be used in both industrial and domestic purposes. Additionally, the rise in urban population also results in the increased demand for membrane bioreactor technology in industries. Technavio's market research analysts predict that the membrane bioreactors market growth will be at a CAGR of more than 10% by 2021.
The increasing need for fresh water from the developing countries will be one of the latest trends that will gain traction in the membrane bioreactors market during the next four years. The increasing in industrialization activities will result in the migration of more people to the cities. This will lead to a rise in water consumption among the urban population, which will subsequently drive the requirement for advanced technologies to treat and purify water.
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The membrane bioreactors market has the presence of a considerable number of vendors and appears to be fragmented. The vendors in this market space offer a wide range of products. One of the major vendors GE has its presence across various geographies and offers solutions for various processes including water recycling and reuse and wastewater treatment.
The leading vendors in the market are -
The other prominent vendors in the market are BI Pure Water, Evoqua Water Technologies, Kubota, KUBOTA Membrane USA, LG Electronics, MAK Water, newterra, Nijhuis Industries, Ovivo, Pentair, RODI Systems, Siemens Water Technologies, Smith & Loveless, Telem, TORAY INDUSTRIES, US Filter, and Wärtsilä.
During 2016, the municipal segment was the major end user to the membrane bioreactors market. The large-scale municipal installations in the European and American countries and the rise in health concerns and environmental regulations in the emerging markets in the APAC and MEA, will be the major factors fueling the growth of the market in this segment.
This market study estimates that in terms of geographic regions, APAC will be the major revenue contributor to the market by 2021. The increasing demand from the industrial sector in the developing countries will fuel the growth of the membrane bioreactors market in this region during the forecast period. Additionally, the emergence of water management programs in developing countries of the region will also drive the market's growth prospects.
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PART 01: Executive summary
PART 02: Scope of the report
PART 03: Research Methodology
PART 04: Introduction
PART 05: Market landscape
PART 06: Market segmentation by end-user
PART 07: Geographical segmentation
PART 08: Decision framework
PART 09: Drivers and challenges
PART 10: Market trends
PART 11: Vendor landscape
PART 12: Key vendor analysis
PART 13: Appendix
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