Membrane Bioreactor Systems Market worth $2,927 Million by 2019, According to a New Study on ASDReports

Thursday 2 October 2014, Amsterdam

The report identifies the driving and restraining factors for the membrane bioreactor systems market with an analysis of trends, opportunities, and winning imperatives. The market is segmented and the value has been forecast on the basis of major regions such as Asia-Pacific, North America, Europe, and RoW.

Asia-Pacific is the major region for membrane bioreactor systems market

The membrane bioreactor systems market is segmented into two applications: municipal wastewater treatment and industrial wastewater treatment. The municipal wastewater treatment is the largest application market for membrane bioreactor systems market accounting for majority of the value market share.

Global membrane bioreactor systems market to reach $ 2,927 million by 2019

The market for membrane bioreactor systems is projected to reach $2,927 million by 2019, growing at a CAGR of 15.28% between 2014 and 2019. Asia-Pacific dominated the membrane bioreactor systems market in 2013. It is expected to remain the major market by 2019, growing at a CAGR of 17.05% between 2014 and 2019.

Hollow Fiber is the major type of membrane bioreactor system accounting for more than 75% of the market in 2013

Hollow Fiber MBRs held major share in the major membrane bioreactor types in 2013 and the trend is expected to continue by 2019. Flat sheet MBRs are the second-largest market for the membrane bioreactor systems. Multi tubular MBRs are expected to grow at a lower rate, as compared to the other two types of MBR systems.