RO and MBR are the next big technological development in the water treatment market
CHICAGO, November 30, 2021 / PRNewswire / – Water treatment is the process that helps improve the quality of water to make it suitable for a certain end use. Technological advancements and the search for a sustainable way to manage brine and protect the marine environment are gaining popularity in the global market. With increasing urbanization and increasing consumer awareness, the demand for RO membranes is expected to increase. Increasing healthy lifestyle is all the rage, which will drive the demand for these products in the market. In recent years, greater identification of the challenges associated with aquatic pollution and water scarcity has rekindled global interest in RO membranes. With increasing development and innovation, RO has become an essential and affordable tool to help ensure access to safe drinking water across the world.
Arizton Consumer Goods Retail Technology research reports offer up-to-date analysis regarding the current market scenario, latest trends and drivers, and overall market information. Observing these rapid and drastic changes in demand and supply patterns has encouraged industry analysts at Arizton to publish comprehensive and data-based information on these recent trends in the industry.
1. Reverse Osmosis (RO) Membranes and Components Market – Global Outlook and Forecast 2021-2026
The reverse osmosis (RO) membranes market size has been estimated to be $ 10.64 billion in 2020 and should reach $ 18.91 billion by 2026, with a CAGR of 10.06%. Strict government regulations for the discharge of industrial wastewater have led to the use of RO membrane technology in the global market. The demand for RO membrane desalination systems market is expected to experience exponential growth rate. About 80 billion dollars should be spent on new projects in the country. The number of desalination projects in the United Arab Emirates is increasing. With the current trend, the RO membranes market is expected to grow at a steady rate in the coming years. The surge in demand for RO membranes in water treatment processes, particularly in the APAC and Middle East and Africa is attributed to the growth in demand for filtered water in developing economies for consumption, agriculture and other industries.
- In the coming years, North Africa is experiencing a growth in the number of investments in the water sector, which should start the trend of desalination in the region.
- The RO membranes and components markets in Europe and Latin America are expected to experience lucrative growth in terms of revenue over the forecast period.
- the Middle East & Africa is the largest region in the desalination market. GCC has the world’s largest desalination market and is expected to generate around four million cubic meters of desalinated water every day over the next 10 years in Saudi Arabia.
- Suppliers need to find partners in emerging markets to expand their geographic presence in other potential markets.
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2. Membrane Bioreactor (MBR) Market – Global Outlook and Forecast 2021-2026
membrane bioreactor market
the size should reach $ 5.43 billion by 2026, with a CAGR of 7.75% in 2021-2026. Growing concerns over industrial wastewater discharges are fueling the use of membrane bioreactors in the global market.
Growing investments in several development plans across Brazil, Mexico, and Argentina
increase demand for the product. Suez, Kubota Corporation, Mitsubishi Chemical Aqua Solutions, Evoqua Water Technologies and Veolia are the major suppliers in the global membrane bioreactor (MBR) market. The growing presence of large companies is expected to continue to be a challenge for small businesses. These large companies enjoy significant financial advantages over their smaller competitors in major business areas such as research and development and marketing.
The rate of adoption of membrane bioreactors in China and countries in North America and Europe has been impressive since their launch
. Competition between companies is intensifying, which should lead to the introduction of many innovative and advanced solutions to the market in the coming years.
- The APAC membrane bioreactor market is experiencing substantial growth owing to the increasing demand for India and China. China and India implemented many government regulations and initiatives which in turn led to the installation of membrane bioreactor systems.
- Consumers focus on providers who offer value-added services. This has motivated companies to put more effort into continuously working on offering a diverse range of products and service offerings.
- The gravity system has dominated the membrane bioreactor market with a revenue share of 51.76% in 2020 and is expected to experience absolute revenue growth of 58.06% by the end of 2026.
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