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SAN FRANCISCO , Dec. 13, 2021 /PRNewswire/ -- The global membrane bioreactor market size is anticipated to reach USD 6.2 billion by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 9.9% from 2021 to 2028. Increasing wastewater treatment challenges, particularly water supply limitations coupled with rising environmental concerns over industrial sludge disposal is anticipated to drive the market.
Key Insights & Findings from the report:
Read 137 page market research report, "Membrane Bioreactor Market Size, Share & Trends Analysis Report By Product (Hollow Fiber, Flat Sheet, Multi-tubular), By Configuration, By Application, By Region, And Segment Forecasts, 2021 - 2028", by Grand View Research
Rising concerns pertaining to the release of harmful effluents into the environment are projected to drive the adoption of membrane bioreactor (MBR) systems in the industrial sectors. Furthermore, strict environmental restrictions regarding sludge disposal are projected to augment the demand for membrane bioreactors over the forecast period.
Growing scarcity of freshwater sources globally is likely to boost the demand for wastewater reclamation, thereby complementing MBR demand over the forecast period. The increased volume of industrial waste generated by the oil and gas, pharmaceutical, construction, food and beverage, and pulp and paper sectors is likely to boost market growth over the forecast period.
The global membrane bioreactor industry is highly competitive and dynamic in nature due to the presence of various small and large-scale manufacturers. The MBR market is dominated by various major players includingEvoqua Water Technologies LLC; Kubota Corporation; Toray Industries, Inc.; and Mitsubishi Rayon Co., Ltd.
Grand View Research has segmented the global membrane bioreactor market on the basis of product, configuration, application, and region:
List of Key Players of Membrane Bioreactor Market
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Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco , the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.
Sherry James Corporate Sales Specialist, USA Grand View Research, Inc. Phone: 1-415-349-0058 Toll Free: 1-888-202-9519 Email: [email protected] Web: https://www.grandviewresearch.com Follow Us: LinkedIn | Twitter
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