LONDON
Stringent government regulations regarding the quality of water has resulted in the growth of the Global Membrane Bioreactor (MBR) Market, which is expected to post a CAGR of 15.21 percent from 2014-2018, says research firm TechNavio.
Concerns about drinking water quality and purity are increasing worldwide, which is affecting the demand for MBR systems. In addition, strict government legislation concerning discharge quality and recycling levels of wastewater are expected to drive the growth of this market.
“Proper management of wastewater facilities is required to ensure the health of the community and the quality of the local water,” says Faisal Ghaus, Vice President of TechNavio.
The latest report by TechNavio also highlights the increasing demand for green membrane bioreactor (GMBR) processes. Growing environmental concerns regarding the use of MBRs have prompted the industry to develop eco-friendly membranes.
“LG has unveiled a GMBR process for wastewater treatment designed with the latest, most efficient and advanced membrane technology,” says Ghaus.
The GMBR process helps remove phosphorous particles from wastewater. This process is easy to install, easy to use, compact and energy efficient. The demand for GMBR is expected to increase steadily, especially in emerging countries like China and India.
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About TechNavio
TechNavio is a leading global technology research and advisory company.
Founded in 2003, TechNavio has about 200 analysts globally and develops over 2000 pieces of research every year, covering more than 500 technologies across 80 countries.
TechNavio analysts employ primary as well as secondary research techniques to ascertain the size and vendor landscape in a range of markets. Analysts obtain information using a combination of bottom-up and top-down approaches, besides using in-house market modeling tools and proprietary databases. They corroborate this data with the data obtained from various market participants and stakeholders across the value chain, including vendors, service providers, distributors, re-sellers, and end-users.
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