Recently published research from Markets and Markets, "Membrane Bioreactor Systems Market - Trends & Forecasts to 2019", is now available at Fast Market Research
Boston, MA -- (SBWIRE) -- 10/07/2014 -- Membrane Bioreactor Systems Market by Application (Municipal Wastewater Treatment and Industrial Wastewater Treatment), by Type (Hollow Fiber, Flat Sheet, and Multi Tubular), by Configuration (Internal/Submerged and External/ Side stream), and by Region - Trends & Forecasts to 2019
The membrane bioreactor systems market size in terms of value is projected to grow at a CAGR of 15.28% between 2014 and 2019 to reach $2,927 million by 2019. Asia-Pacific held the largest share in 2013 with China leading the region. In low penetrated markets of Asia-Pacific and RoW, a high growth is expected while the highly developed North American and European regions are predicted to show a moderate growth. Major growth in the Asia-Pacific region is expected to be from the municipal application.
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The MBR market in Asia-Pacific region is growing fast, mainly due to the enforcement of stringent regulations concerning water use and water conservation is compelling industries, and agricultural end-users to re-evaluate issues relating to effluent discharge and sewage treatment, which is ultimately driving the membrane bioreactor market in this region.
Agreement & collaborations was the most preferred strategy among the major players in the membrane bioreactor systems market, globally. North America was the more preferred region for agreements from 2010 to 2014. More than half of the collaborations took place in North America in the said period. The major players are enhancing their technological base, product portfolio, and geographical reach by entering into contracts with other companies. For example, Veolia Water Solutions & Technologies has entered into a contract agreement with Shell Canada (Canada) to design and supply a water treatment facility to recycle the water used for steam generation at Shell's Carmon Creek project in Alberta, Canada. There were some new product launches in the membrane bioreactor systems market.
Many companies, offering membrane bioreactor systems, are actively trying to increase their product portfolio and regional presence to cater to different regional markets. These are trying to enter the low-penetrated markets in developing regions.
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