Membrane Bioreactor (MBR) Systems Market to reach around US$ 4191.1 million by 2030 - Coherent Market Insights.
Drivers
An increasing wastewater treatment plant coupled with the increasing adoption of automation in the global Membrane Bioreactor (MBR) Systems industry is expected to propel the growth of the membrane bioreactor market. For instance, in 2023, Koch Separation Solutions (KSS) an manufacture, announced today the acquisition of LIONEX technology from Chemionex Inc. The purchase lays the groundwork for the company's Li-PROTM technology, which includes a patented worldwide solution for Direct Lithium Extraction (DLE).
Market Opportunities
Increasing enforcement of strict rules and regulations regarding the proper discharge of water is projected to offer potential opportunities to the market of a membrane bioreactor. For instance, according to the Environmental Protection Act 1994, local governments administer approvals and licenses for environmentally relevant activities (ERAs) involving wastewater releases that might have a local impact. The department administers approvals and licenses to ERAs involving wastewater releases that might have a regional or statewide impact.
Market Restraints
High initial investment and operational costs in Membrane Bioreactor (MBR) Systems are projected to hamper the market growth. Moreover, the lack of awareness regarding the benefits of membrane bioreactors across the developing region is projected to foster market growth over the forecast period.
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Key Takeaways:
- On the basis of region Asia Pacific region holds a 41.8% share in terms of value in the global membrane bioreactor (MBR) systems market in the year 2022 followed by Latin America
- On the basis of application, the municipal wastewater treatment segment dominated the global membrane bioreactor (MBR) systems market in 2022 by holding a share of 64.4%.
- On the basis of type, the hollow sheet segment dominated the global membrane bioreactor (MBR) systems market in 2022 with a 75.6% of market share in terms of value, followed by flat sheet and multi-tubular segments respectively
Market Trends
The development of advanced membrane bioreactors by key players for business expansion is a growing trend in the market. For instance, in 2020, Kubota, new SP-A series submerged membrane units, which enable even more energy-efficient MBR plant operation with more membrane areas per footprint.
Distribution and supply of membrane bioreactor agreements among key players is a growing trend in market growth.
Global Membrane Bioreactor (MBR) Systems Market - Impact of Coronavirus (Covid-19) Pandemic
The sudden outbreak of the novel coronavirus has impacted many industries including the wastewater treatment industry. Recent studies show that coronavirus can be transmitted through the mixing of saliva with different sources of wastewater and can easily contaminate large amounts of wastewater that are being generated from hospitals, domestic households, and quarantine centers. Thereby, most of the producers are centering on the improvement of wastewater treatment systems that will result in the decline of possible risks and exclusion of the contaminants in the water.
Competitive Section:
- Beijing Origin Water Technology Co., Ltd
- GE Water and Process Technologies
- Koch Membrane Systems, Inc.
- Tianjin MOTIMO Membrane Technology Ltd. (MOTIMO)
- GLV Group (GLV Inc.)/ Ovivo Water
- United Envirotech Ltd.
- Kubota Membrane Europe Ltd
- Suzhou Litree UF Membrane Technology Co., Ltd
- Evoqua Water Technologies/Siemens Water Technologies
- Toray Industries, Inc.
- Mitsubishi Chemical Group
- Asahi Kasei
