Membrane Bioreactors: Global Markets
- The global market for membrane bioreactor technology is expected to increase from $216.6 million in 2005 to an estimated $296 million by the end of 2008. It should reach $488 million in 2013, a compound annual growth rate (CAGR) of 10.5%
- Most MBRs use aerobic microbial processes, which are expected to be worth $291 million in 2008 and $483 million in 2013, a CAGR of 10.7%
- Municipal and domestic wastewater treatment generated $96.6 million in 2005. This should increase to $142 million in 2008 and $249 million in 2013, for a CAGR of 11.9%.
Valued at an estimated $216.6 million in 2005, the global MBR market is rising at an average annual growth rate (AAGR) of 10.9% and is expected to approach $363 million in 2010.
This segment is growing faster than the larger market for advanced wastewater treatment equipment and more rapidly than the markets for other types of membrane systems.
Anticipated stricter environmental regulations in the U.S. and overseas are driving sales of MBRs to industry and municipalities, and prompting maritime users to consider MBR technology.
During the forecast period, sewage treatment will continue to be the primary use for MBR systems.