Membrane Bioreactor (MBR) Systems Market Worth $2,052 Million by 2017 - New Report by MarketsandMarkets
(PRWEB) April 13, 2014 -- The report “Membrane Bioreactor Systems Market By Types [Hollow Fiber, Flat Sheet, Multi Tubular], Configuration [Internal (Submerged/Immersed) & External (Sidestream)] & Applications [Municipal & Industrial Wastewater Treatment] – Trends & Forecasts To 2017”, defines and segments the global MBR market with analysis and forecasting of the global volume and revenue for MBRs. It also identifies driving and restraining factors for the global MBR market with analysis of trends, opportunities, winning imperatives, burning issues, and challenges. The market is segmented and revenues are forecasted on the basis of major regions such as North America, Europe, Asia-Pacific (APAC), and Rest of the World (ROW). The key countries are covered and forecasted for each region. Further, market is segmented and revenues are forecasted on the basis of applications, types, and configurations of MBRs.
Browse 150+ market data tables/figures spread through 254 pages and in-depth TOC on “Membrane Bioreactor Systems Market – Trends & Forecasts To 2017.”
http://www.marketsandmarkets.com/Market-Reports/membrane-bioreactor-market-484.html
Early buyers will receive 10% customization on this report.
According to the report published by MarketsandMarkets, MBR market was worth an estimated $746 million in 2011. This value is expected to increase at a CAGR of 14.6% during the period from 2012-2017. APAC leads the global MBR market with share of 38.7% followed by Europe and North America in terms of revenue in the year 2011.
The global membrane bioreactor market is growing due to its ability to meet stringent effluent criteria along with its compact size and less operational cost as compare to other systems and equipments which are use for wastewater treatment. According to WHO, about one fifth of the world's population resides in areas where water is physically scarce, while one fourth face scarcities due to lack of infrastructure to transport water. Governments and industries have realized the importance of wastewater treatment, as a necessity and also as means to improve the bottom line. Stringent legislations for the implementation of the treatment facilities, combined with the space and operational advantages that MBRs provide, are expected to be key drivers of the market going forward. The sophistication and high capital costs associated with the system could however prove to be key obstacles.
APAC holds major market share in MBR market. Europe is the second largest consumer. Countries in this region such as China and Japan use membrane bioreactors extensively for water reuse purpose in municipal application. With new factors coming into play, the MBR technology is now beginning to mature and will continue to penetrate further in the wastewater effluent treatment market.
APAC market share is 38% in the global MBR revenue market; Europe has 17% of share. However it is still the APAC region which is on the rise with a CAGR of 15.1% from 2012 to 2017. The MBR market by application is segmented into key segments as municipal and industrial wastewater treatments. The municipal wastewater applications occupy a major share in the consumption market, and are expected to be the fastest growing segment, going ahead.
Among the various types of MBR marketed, hollow fiber and flat sheet cover the major market of the membrane bioreactor, which is approximately 95.3% of the overall membrane bioreactor market. Selection is based on an evaluation of various criteria, including packing density, investment cost, fouling tendency, cleaning and operating costs, and membrane replacement costs.
The report also touches on various other important aspects of the market. It includes an analysis of the competitive landscape. In addition, 22 key players of this market have also been profiled.
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