Global membrane bioreactor (MBR) systems market size was valued over USD 400 million in 2014 and is anticipated to witness a significant growth from 2015 to 2022 owing to increasing concerns for urban wastewater treatment. Increasing concerns over fresh water supply shortages coupled with growing environmental concerns over industrial sludge disposal are expected to drive the MBR demand over the forecast period.
Rapid population growth coupled with urbanization is expected to raise volumes of runoff, as a byproduct of water consumption in regular activities. Water resource plays a major role in various industries including chemical, manufacturing, construction, fertilizers, refining, agriculture, and mining sectors.
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Rapid urbanization and infrastructure development has been central to economic agenda in developing economies. Countries such as the U.S., China, India, Brazil, and UAE have shown major interests in urban development and this is expected to drive the construction and manufacturing sectors in the regions.
Increasing consumer-demand for cost-efficient and durable goods is anticipated to drive expansions in manufacturing sectors across all regions. Rapid industrialization is estimated to remain a key factor for surging water resource consumption in emerging economies. Wastewater, as a byproduct of industrial activities is disposed off in channels leading to rivers and oceans.
Industrial sludge effluent has raised concerns over contamination of land and water resources. Stringent environmental regulations regarding sludge disposal are expected to stimulate need for highly effective treatment techniques. This is expected to spur the need for waste management solutions that would address both industrial requirements and treatment processes.
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Depleting fresh water resources is also expected to drive the sludge treatment and steer the development of sustainable infrastructure. Recycling of residential as well as commercial runoff is sought as a cost-efficient technique to address the growing supply problems. Favorable government initiatives in reviving existing treatment infrastructure are anticipated to drive the sewage recycling business in economies such as the U.S., China, Belgium, and Australia.
Aforementioned factors are expected to drive the water treatment projects in developing cost-efficient systems that can manage both low and high volume applications. Recent developments in wastewater treatment technologies are expected to drive the participation of both private and government sponsored businesses.
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