July 12, 2022/IndustryNewsGlobal/ The unexpected shifts in the global markets because of the sudden outbreak of the COVID-19 virus have brought many major and minor tremors to industries of all sizes including the Moving Bed Bioreactor Market.
It was estimated prior to this unanticipated outbreak that the Moving Bed Bioreactor Market is estimated to grow from USD 0.7 billion in 2020 to USD 1.6 billion by 2026 at a healthy CAGR of 15.5% during the forecast period.
Moving bed biofilm reactor is a type of wastewater treatment process. It is a biotechnology used for wastewater treatment process suitable for industrial and municipal applications. MBBR is extensively used to separate organic substances, denitrification and nitrification. MBBR design is made of an activated sludge aeration system.
Market Dynamics
The Moving Bed Bioreactor (MBBR) market is majorly driven by limited freshwater resources in various countries across the globe. Also, inefficient irrigation within agriculture and rising R&D within water treatment technologies boosts the product demand in the coming years. Moreover, growing product demand from healthcare industry, as MBBR is used in treating hospital wastewater, further strengthens the market potential during the forecast timeline.
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Segment’s Analysis
End Use Trends
Based on end use, the Moving Bed Bioreactor (MBBR) market has been classified into municipal wastewater treatment, food and beverage, pulp and paper, healthcare, marine, poultry and aquaculture, and others. The municipal wastewater treatment segment accounted for the largest market in 2020. The accumulation of phosphorus and nitrogen compounds in wastewater effluents, is the prime cause for contamination in lakes and rivers. MBBR is widely being implemented by various countries to treat municipal wastewater, thus bolsters the segment growth.
Regional Trends
By region, the North America Moving Bed Bioreactor (MBBR) market accounted a significant share in 2020 and is expected to grow at a robust CAGR during the review period. The Moving Bed Bioreactor (MBBR) market growth is mainly attributed to high consumption of water, well-equipped water treatment facilities, and stringent policies on release of effluents in waterbodies, further augments the market growth.
Key Players:
Key players operating in the global Moving Bed Bioreactor market are-
- Aquapoint Inc. (US)
- Aquatech International LLC (US)
- AqWise - Wise Water Technologies Ltd (Israel)
- Applied Water Solutions Inc. (US)
- Biowater Technology AS (Norway)
- Evoqua Water Technologies LLC (US)
- Genesis Water Technologies (US)
- Headworks Inc. (US)
- Ovivo (Canada)
- SUEZ (France)
Features of the Report
This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools.
The Moving Bed Bioreactor analysis report discusses the following heads in great detail:
- Market structure: Overview, industry life cycle analysis, supply chain analysis
- COVID-19 Impact Assessment
- Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
- Market trend and forecast analysis
- Market segment trend and forecast
- Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
- Attractive market segments and associated growth opportunities
- Emerging trends
- Strategic growth opportunities for the existing and new players
- Key success factors
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