|
|
 |
|
Viewing report
|
|
|
|
The Present and Future of Bulgarian Water and Wastewater Market
Frost & Sullivan, May 2011, Pages: 126
This Frost & Sullivan research service titled The Present and Future of Bulgarian Water and Wastewater Market offers a comprehensive examination of the market including industry challenges, market drivers and restraints as well as an estimation of market size and forecasts of future trends. In this research, Frost & Sullivan's expert analysts thoroughly examine the municipal and industrial water and wastewater market sectors.
Market Overview
Need to Comply with EU Directives Motivates Rapid Market Development
The Bulgarian water and wastewater market is undergoing reform to meet the strict environmental standards required by various water-related directives of the European Union (EU). The situation is rather dire, with Bulgaria ranking amongst one of the poorest countries in Europe in terms of water resources, with multi-fold needs in terms of development, improvement and rehabilitation of its water and wastewater infrastructure. However, available EU funds and the reform programme involving the model of concession agreements are set to generate the much needed growth opportunities in the market.
EU directives, together with the steady inflow of EU funds, are contributing to the development of the Bulgarian water and wastewater market,” notes the analyst of this research. “An ageing infrastructure and outmoded applied technologies are insufficient to support compliance with strict environmental requirements; hence, the demand for modernisation and advanced treatment methods that will, in turn, present sizeable growth opportunities.” Bulgaria has started to introduce high-end technologies to improve the quality of treatment processes. Advanced treatment technologies including tertiary treatment for sewage and membrane separation for water treatment are entering the municipal and industrial water and wastewater treatment spheres.
Local Presence and Direct Contact Emerge as Crucial Determinants of Success
Market expansion is being hampered by an investment gap as available funds are insufficient to cover all requirements. Corruption and heavy bureaucracy, coupled with the lack of support for acquisition of EU funds, often cause delays in project development, affecting market prospects. “The rehabilitation and improvement of a water and wastewater sector still anchored in the past poses serious challenges including the financing of large scale rehabilitation,” cautions the analyst. “With insufficient financial sources for all necessary investments as well as management services, Bulgaria is looking to privatise the public sector.”
Foreign companies might face difficulties establishing a local presence in a situation where domestic companies are price competitive. Companies that are unable to set their own subsidiaries need to identify a local distributor capable of supporting them in business development. “With increasing competition, it is important to attain local operational efficiency,” concludes the analyst. “It is equally important to maintain direct contact and face-to-face meetings with clients.”
Market Sectors
Expert Frost & Sullivan analysts thoroughly examine the following market sectors in this research:
- Municipal water sector
- Municipal wastewater sector
- Industrial water sector
- Industrial wastewater sector
Technology
The following technologies are covered in this research:
- Municipal water treatment technologies (clarification, filtration, disinfection and membrane separation)
- Municipal wastewater treatment technologies (pre-treatment, preliminary treatment, secondary treatment, tertiary treatment and sludge treatment)
- Industrial water treatment technologies (demineralisation, activated carbon, UV, Cl, ozone and membrane separation)
- Industrial wastewater treatment technologies (pre-treatment, preliminary treatment, secondary treatment, tertiary treatment and sludge treatment)
Product samples
A sample for this product is available. Please Login/Register to download this sample.
|
|
|
|
