Membrane Bioreactor Market - Forecasts from 2019 to 2024

Membrane bioreactor (MBR) market is projected to grow at a CAGR of 7.83% to reach US$5.406 billion by 2024, from US$3.440 billion in 2018. Growing concerns regarding water and wastewater treatment due to global water scarcity are the major driver of membrane bioreactor market. The rising number of industries across the globe has raised environmental concerns regarding the increasing amount of sewage and industrial sludge disposal from industries including food and beverage, pharmaceutical, and oil and gas, which is also boosting the demand for membrane bioreactors worldwide. However, high initial investments and operating costs are currently restraining the growth of membrane bioreactor market. Geographically, North America holds a significant market share owing to the strict regulatory standards for industrial waste disposal. APAC will witness a considerable CAGR during the forecast period on account of the rising number of manufacturing facilities and supportive government initiatives to promote municipal wastewater treatment facilities in the region.

This research study examines the current market trends related to demand, supply, and sales, in addition to the recent developments. Major drivers, restraints, and opportunities have been covered to provide an exhaustive picture of the market. The analysis presents in-depth information regarding the development, trends, and industry policies and regulations implemented in each of the geographical regions. Further, the overall regulatory framework of the market has been exhaustively covered to offer stakeholders a better understanding of the key factors affecting the overall market environment.

Identification of key industry players in the industry and their revenue contribution to the overall business or relevant segment aligned to the study have been covered as a part of competitive intelligence done through extensive secondary research. Various studies and data published by industry associations, analyst reports, investor presentations, press releases and journals among others have been taken into consideration while conducting the secondary research. Both bottom-up and top-down approaches have been utilized to determine the market size of the overall market and key segments. The values obtained are correlated with the primary inputs of the key stakeholders in the membrane bioreactor (MBR) value chain. The last step involves complete market engineering which includes analyzing the data from different sources and existing proprietary data sets while using various data triangulation methods for market breakdown and forecasting.

Market intelligence is presented in the form of analysis, charts, and graphics to help the clients in gaining faster and efficient understanding of the membrane bioreactor (MBR) market.

Major industry players profiled as part of the report are Koch Membrane Systems, Inc., SUEZ, General Electric, Toray Industries, Inc., and KUBOTA Corporation among others.

Segmentation

Membrane bioreactor (MBR) market has been analyzed through the following segments:

By Product

Hollow Fiber
Flat Sheet
Multi-Tubular

By Configuration

Submerged
Side-Stream

By Application

Municipal
Industrial

By Geography

North America
USA
Canada
Mexico

South America
Brazil
Argentina
Others

Europe
United Kingdom
Germany
France
Italy
Others

Middle East and Africa
Saudi Arabia
UAE
Israel
Others

Asia Pacific
China
Japan
South Korea
Australia
India
Others