India Membrane Bioreactor Market Major Players Analysis and Forecast Growth Until 2025
India membrane bioreactor market stood at around $ 79 million in 2019 and is projected to grow at a CAGR of more than 11% to cross $ 100 million by 2025, owing to increasingly stringent environmental regulations for the recycling and reusing wastewater in the country.
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According to TechSci Research report, “India Membrane Bioreactor Market By Membrane Type, By Configuration, By Capacity, By Application, By Region, Competition, Forecast & Opportunities, 2025”, membrane bioreactor market in India is projected to grow at a CAGR of over 11% over the next five years and cross $ 100 million, owing to growing demand for safe and clean drinking water across the country. Increasing installation of Centralized Sewage Treatment Plants (STPs) and Effluent Treatment Plants (ETPs), in addition to rising need to upgrade the wastewater treatment systems, as most of the sewerage pipelines have not undergone modernization, is expected to fuel the membrane bioreactor market during forecast period.
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Ministry of Environment in India has imposed stringent rules and policies, as well as tightened environmental standards for wastewater treatment. Industries have been instructed to fulfill the four parameters determining the water quality namely pH value, which measures the level of acidity, Bio-Chemical Oxygen Demand (BOD), Total Suspended Solids (TSS) and Faecal Coliform (FC) in the treated wastewater. The new rules are applicable to all plants scheduled for commissioning after June 2019, while existing plants are required to comply with new regulations within five years. As a result, demand for wastewater treatment plants and membrane bioreactors is anticipated to grow at a robust pace in the country during the forecast period.
According to a National Institute of Hydrology report, accessible per capita water in India is expected to decline from 938 cubic meters in 2010 to 814 cubic meters by 2025. On an average, one person in India uses 150-200 liters of water per day, out of which approximately 60-65 liters of water is wasted every day. Moreover, the UN has ranked India 120th among 122 countries for quality of water, estimating that 70% of the supply is contaminated, with high arsenic levels and other contaminants, which is anticipated to fuel the market for membrane bioreactors in the country over the next five years. In terms of application segments, municipal segment accounted for more than 50% share in 2019. Initiatives such as cleaning of river water and demand for safe domestic drinking water fall under the municipal sector, which are anticipated to result in opportunities for MBR companies to develop technologically advanced treatment systems such as MBRs in order to meet stringent discharge standards as well as enable more reuse and recycling of wastewater in India.
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Over the last few years, growth has been witnessed majorly for hollow fiber type MBRs, as they offer certain advantages such as high effluent quality, high volumetric load and cost effectiveness, over other types of membranes used in MBRs. Thus, hollow fiber type MBRs are expected to continue their dominance in the country’s membrane bioreactor market in the coming years. “Southern part of India holds major share in India membrane bioreactor market, as most of the industrial clusters such as Bangalore-Tamil Nadu Industrial Region, Vishakhapatnam-Guntur Industrial Region and Kollam-Thiruvananthapuram Industrial Region are located in the region. As a result, huge volume of wastewater is generated in the region, which in turn is expected to continue boosting demand for MBR for wastewater treatment over the next five years.”, said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.
“India Membrane Bioreactor Market By Membrane Type, By Configuration, By Capacity, By Application, By Region, Competition, Forecast & Opportunities, 2025” has evaluated the future growth potential of India membrane bioreactor market and provides statistics and information on market structure, size, share and future growth. The report is intended to provide cutting-edge 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 present in India membrane bioreactor market.
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