Market Research Report
Membrane Water and Wastewater Treatment Market - Growth, Trends, and Forecast (2019 - 2024)
|Published by||Mordor Intelligence LLP||Product code||644023|
|Published||Content info||140 Pages
Delivery time: 2-3 business days
|Membrane Water and Wastewater Treatment Market - Growth, Trends, and Forecast (2019 - 2024)|
|Published: April 1, 2019||Content info: 140 Pages||
The market for membrane water and wastewater treatment is expected to register a CAGR of around 8% during the forecast period of 2019-2024. One of the major factors driving the market is the rising demand for low-pressure membrane technologies. However, poor fouling resistance of nanoporous membranes is likely to hinder the growth of the market studied.
Municipal Industry to dominate the Market
Europe to Dominate the Market
Europe had the highest share, accounting for more than 35.23% of the global market, in 2018. However, Middle East & Africa is projected to register a CAGR of over 10% during the forecast period. Germany was the largest market for membrane water and wastewater treatment in the region. The increasing water treatment activities, primarily in the northern region of the country, are boosting the demand for membrane water and wastewater treatment. Environmental protection and human health are considered extremely important in Germany. This importance has led to efficient water and wastewater treatment methods, and nearly 100% of the wastewater in Germany is treated to meet the highest standards set by the European Union. Germany has the largest market for industrial wastewater treatment in Europe, with almost 3,000 treatment plants in around 12,000 discharging companies. More than 920 million cubic meters of industrial wastewater is treated annually in the country, before being discharged to the outside environment. Furthermore, there is a significant demand from the United Kingdom, France, and Russia, among other countries. With the growing water treatment activities in various countries, Europe is projected to dominate the membrane water and wastewater treatment market during the forecast period.
The membrane water and wastewater treatment market is highly fragmented with the top five players accounting for a significantly less share of the total market. The major players include Alfa Laval, DowDuPont, Koch Membrane Systems Inc., Suez, Toray Industries Inc., Veolia Water Technologies, and Evoqua Water Technologies LLC, among others.