Membrane Aerated Biofilm Reactor Market to Cross $ 279 million by 2026
Increasing water pollution, rising demand for energy efficient wastewater treatment plants and growing technological advancements in membrane aerated biofilm reactor to propel their demand through 2026
According to TechSci Research report, “Global Membrane Aerated Biofilm Reactor Market, By Region, By Application, Competition Forecast & Opportunities, 2016 – 2026’’, the global membrane aerated biofilm reactor market is projected to surpass $ 279 million by 2026, on the back of rising water pollution and increasing discharge of industrial effluents. Rapid industrialization and uncontrolled effluent discharge in water bodies is resulting in severe water pollution, thereby deteriorating the quality of surface and groundwater which is likely to push demand for membrane aerated biofilm reactor plants in the coming years. Moreover, rise in demand for innovative and energy efficient water treatment plants is further expected to increase the sales of membrane aerated biofilm reactors. Additionally, MABRs offer better solid separation, require lesser energy and have low carbon footprint, which would fuel their demand during forecast period.
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On the basis of application, global membrane aerated biofilm reactor market is broadly segmented into municipal and industrial. Application of membrane aerated biofilm reactor is more common in municipal sector as wastewater discharged by municipalities has less content of COD/VOD, which helps in better functioning of MABR. However, use of MABR in industrial sector is anticipated to grow at the fastest pace during forecast period owing to increasing demand from industries discharging effluents with high nitrate content. Growing inclination towards energy efficient technology is propelling the demand of MABR in municipalities and industries, globally.
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Suez SA is the largest player in global membrane aerated biofilm reactor market. The company is a leading MBR technology provider and is further exploring the market’s potential by investing in research & development. “Europe accounts for the largest share in global membrane aerated biofilm reactor market owing to rapid expansion of industrial sector, growing awareness regarding energy efficient technology and stringent European Union regulations. However, Asia-Pacific region is expected to grow at the fastest CAGR during forecast period owing to favorable government policies and investments, especially in India and China. Furthermore, rising awareness regarding benefits of MABR along with shift towards sustainable technologies would aid the growth of global membrane aerated biofilm reactor market in the coming years.” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.
“Global Membrane Aerated Biofilm Reactor Market, By Region, By Application, Competition Forecast & Opportunities, 2016 – 2026” has evaluated the future growth potential of membrane aerated biofilm market and provides statistics and information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decision. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges and opportunities in global membrane aerated biofilm reactor market.
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