Press Release

Biological Treatment Technologies Market to grow with a CAGR of 6.42 %

Increasing healthcare infrastructure and a supportive regulatory environment are the major drivers for the Global Biological Treatment Technologies Market.

 

According to TechSci Research report, “Global Biological Treatment Technologies Market Industry Size, Share, Trends, Competition, Opportunity and Forecast, 2018-2028”, Global Biological Treatment Technologies Market has valued at USD 2.38 billion in 2022 and is anticipated to witness an impressive growth in the forecast period with a CAGR of 6.42% through 2028. This can be due to collaborations and partnerships among leading companies with a diverse approach to merge the expertise of individual companies and to strengthen their position in the market. Public and corporate sustainability initiatives are significant drivers for the demand of the Global Biological Treatment Technologies Market. These initiatives reflect a growing commitment to environmentally responsible and sustainable practices, which align closely with the principles and benefits of biological treatment technologies. Public and corporate sustainability initiatives prioritize environmental responsibility and reducing the impact of human activities on ecosystems. Biological treatment technologies offer eco-friendly solutions for waste management, water treatment, and pollution control, making them a preferred choice. Sustainability efforts aim to maximize resource efficiency and minimize waste. Biological treatment technologies contribute to resource recovery by converting waste materials into valuable resources like biogas, compost, and nutrient-rich byproducts. Biological treatment processes typically produce lower greenhouse gas emissions compared to traditional waste management methods, aligning with carbon reduction and climate change mitigation goals.

Sustainable water management is a crucial aspect of public and corporate sustainability initiatives. Biological treatment technologies play a vital role in efficient wastewater treatment and water reuse, helping to conserve this essential resource. The adoption of biological treatment technologies supports the circular economy concept by converting waste materials into reusable and valuable resources, promoting a more sustainable and closed-loop approach to waste management. Sustainability initiatives encourage waste diversion from landfills and incineration. Biological treatment helps divert organic waste materials from landfills, reducing the environmental impact of waste disposal.

In May 2023, Lummus Technology, a global provider of process technologies and energy solutions, has announced an agreement with Siemens Energy to acquire assets from their water solutions portfolio. This acquisition includes intellectual property, copyrights, trade secrets, and research and development assets. These technologies are designed to address the water and wastewater treatment needs of the oil and gas industry, utilizing carbon adsorption, biological treatment, and hydrothermal processes. Lummus Technology will be taking over Siemens Energy's Zimpro wet air oxidation technology and PACT system, along with associated intellectual property, laboratory equipment, and related assets. These technologies will significantly broaden Lummus' sustainable and integrated offerings for treating water and wastewater generated in petrochemical and refining facilities. The Zimpro system focuses on the treatment of caustic waste from ethylene crackers, while the PACT process is an efficient wastewater treatment method engineered to remove organic pollutants from industrial wastewater. Notably, both processes offer several advantages compared to traditional treatment methods, including the conversion and destruction of high-level waste streams while minimizing the generation of secondary waste streams.

Public perception and acceptance present a significant challenge in the Global Biological Treatment Technologies Market. These technologies, while environmentally friendly and effective, often face barriers related to public perception and community acceptance. Many people are unfamiliar with the technical aspects of biological treatment technologies and may not fully understand how they work. Lack of knowledge can lead to skepticism and apprehension. Some members of the public may perceive biological treatment methods as risky or potentially harmful, even if scientific evidence demonstrates their safety and effectiveness. Concerns may include the release of genetically modified organisms or potential pathogen presence. Biological treatment processes, such as composting or anaerobic digestion, can produce odors and visual changes in the landscape. These factors can be a source of concern for nearby communities. Communities may resist the siting of biological treatment facilities in their vicinity due to concerns about property values, quality of life, and potential nuisance factors. This NIMBY attitude can delay or block project development. Effective communication about the benefits and safety of biological treatment technologies is crucial. If the industry and regulatory agencies do not engage with the public to address concerns and provide clear information, misconceptions may prevail.

 

Browse over XX market data Figures and spread through XX Pages and an in-depth TOC on " Global Biological Treatment Technologies Market.”

 

Global Biological Treatment Technologies Market is segmented based on Treatment, Application, and by region. Based on the Treatment, Global Biological Treatment Technologies Market is segmented into Composting, Vermicomposting, Black Soldier fly treatment, Anerobic Digestion, Fermentation. Black Soldier Fly (BSF) treatment is a specific biological treatment technology that utilizes the Black Soldier Fly (Hermetia illucens) and its larvae to process organic waste, particularly food waste and organic residues. This approach is often referred to as larvae bioconversion or entomological waste management. The process begins with the collection of organic waste materials, such as food scraps, agricultural residues, and certain industrial byproducts. These waste materials are typically rich in organic matter and nutrients. Fly larvae are introduced to organic waste. The fly's life cycle has four stages: egg, larva, pupa, and adult. It's the larval stage that is of particular interest for waste treatment. The larvae are voracious eaters and are highly efficient at breaking down organic materials. They feed on organic waste, which serves as their primary source of nutrients.

Based on Region, North America held the largest share in the Global Biological Treatment Technologies Market. North America is a major player in global food trade. North America's developed infrastructure and economic stability allow for the investment in advanced biological treatment infrastructure and systems. The region's economic growth and industrial activities have led to increased wastewater generation, which, in turn, drives the demand for biological treatment technologies. Many global leaders in the biological treatment technology sector are headquartered or have a significant presence in North America. This includes companies involved in wastewater treatment, bioremediation, and biopharmaceuticals. North American companies often collaborate with academic and research institutions, fostering innovation and the development of new biological treatment solutions.

 

Some of the major companies operating in the Global Biological Treatment Technologies Market include:

  • BioCo Tech AS
  • BIFFA Plc.
  • Composting Solutions Ltd.
  • Alfa-Therm Limited
  • Supreme International Limited
  • Closed Loop Environmental Solution Pty Ltd
  • Evoqua Water Technology
  • Pentair PLC
  • Alfa Laval

 

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“Certain areas, particularly in North America, are projected to exert significant demand for Biological Treatment Technologies. The growth in the competitive landscape and the presence of well-established companies in the market, committed to enhance the overall wellbeing of people each year, are expected to contribute to a remarkable growth of the Global Biological Treatment Technologies Market in the forecast period," said Mr. Karan Chechi, Research Director with TechSci Research, a research-based Global management consulting firm.

Biological Treatment Technologies Market by Treatment (Composting, Vermicomposting, Black Soldier fly treatment, Anerobic Digestion, Fermentation), by Application (Residential, Commercial, Industrial), By Region, By Competition Forecast & Opportunities, 2018-2028F has evaluated the future growth potential of Global Biological Treatment Technologies Market and provides statistics & information on market size, structure, and future market growth. The report intends to provide innovative market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in Global Biological Treatment Technologies Market.

 

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