Membrane Aerated Bioreactors (MABR) Market to Grow at 34% till 2022
Increasing demand from municipal wastewater treatment
industry and favorable government policies to drive global
MABR market through 2022
According to
TechSci Research report, “Global
Membrane Aerated Bioreactors (MABR) Market By Application, By Region, Competition
Forecast & Opportunities, 2022”, the global MABR market is projected to grow at a CAGR of more than 34%
during 2017 – 2022, owing to booming municipal wastewater treatment industry and increasing focus of public as well as private
entities on efficient and effective wastewater management systems. In addition,
favorable government policies are expected to propel the demand for MABR
technology across the globe in the coming years.
In 2016, the US government allocated a
budget of $ 300 million with special focus on wastewater management systems,
which is expected to steer demand for MABRs over the next five years. This,
coupled with various upcoming developments in other geographies such as a strategic
partnership between China Gezhouba Group Investment Holding Co., Ltd (CGGC) and
Fluence Corporation attracting an investment of around $ 96 million, for
utilizing up to 10,000 MABR modules in the Hubei, Hebei, and Guangdong provinces
in rural China, are expected to positively influence the global MABR market
until 2022.
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On the basis of application, the global MABR market has
been broadly segmented into two categories, namely, Municipal and Industrial. As
of August 2017, MABR plants have only been installed for municipal uses as the
waste from municipalities generate low COD biomass, thereby this segment was the
largest application area for the global MABR market in 2016. Region-wise, Europe
accounted for the largest share in the global MABR market in 2016, owing to the
stringent wastewater regulations in various countries such as Ireland, Spain
and Belgium. Moreover, poor infrastructural conditions coupled with an investment
of about $ 41.23 billion by the European Investment Bank on various wastewater
plants such as St Petersburg South West wastewater treatment (Russia) to
improve the wastewater scenario of Europe would further drive demand for MABR
plants during the forecast period.
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“Globally, Asia-Pacific is the fastest growing region for MABR
technology owing to increasing demand for potable water in countries like
China, India, Pakistan and Indonesia. According to the Asia Water Development
Outlook Report 2016, which was published by Asian Development Bank (ADB),
almost 1.7 billion of population in the APAC region doesn’t have access to
basic sanitation. Additionally, around 3.4 billion people will be living in
water stressed areas in Asia-Pacific by 2050, as per the ADB. Thus, strong
demand for MABR technology from Asia-Pacific region is expected in the coming
years as this technology aids in treating wastewater in very effective manner and
keeping the power consumption low.”, said Mr. Karan Chechi, Research Director
at TechSci Research, a research based global management consulting firm.
“Global Membrane Aerated Bioreactors
(MABR) Market By Application, By Region, Competition Forecast &
Opportunities, 2022”
has evaluated the future growth potential of the global MABR market and provides
statistics and information on market size, structure and future market growth.
The report intends to provide cutting-edge market intelligence and help
decision makers take sound investment evaluation. Besides, the report also
identifies and analyzes the emerging trends along with essential drivers,
challenges and opportunities in the global MABR market.
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