Rampant wastewater discharge in water bodies will fuel the global moving bed bioreactor market growth during the forecast period. According to the International Water Association’s Wastewater Report of 2018, almost 80% of the world’s wastewater is dumped into water bodies, creating various kinds of health and environmental hazards, such as contributing to global warming and spreading life-threatening, water-borne diseases such as cholera which can become epidemic. “Moving bed bioreactor“, invented at the Norwegian University of Science and Technology, has emerged as a unique technique to treat wastewater effectively and in a sustainable manner. This technology involves using thousands of polyethylene biofilm carriers that are in motion and allow for growth of autotrophic and heterotrophic bacteria on their surfaces. These bacteria then allow for biodegradation of the pollutants contained in the water in an easy and reliable manner.
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Fortune Business Insights, in its report, titled “Moving Bed Bioreactor Market Size, Share and Global Trend By Application (Nitrification/Denitrification, Biochemical Oxygen Demand, Others), By End-User Industry (Food & Beverages, Municipal Wastages Treatment, Pulp & Paper, Healthcare, Marine, Poultry, Others) and Geography Forecast till 2027”, provides crucial information about this fledgling market in the form of an in-depth analysis of the factors, dynamics, and other aspects that shape the market during the forecast period.
Operational Expansion by Market Players to Spur Competition
Key players are looking to expand their operations beyond their territorial borders in order to widen their customer base in the global moving bed bioreactor market. For example, in September 2019, the French utility company, SUEZ NWS, secured a 1 billion Euros contract to build and operate a wastewater treatment plant in the Dongying Chemical Industry Park in southeast Beijing. The company will use advanced technology and help the local authorities to better manage industrial wastewater. Government-backed innovations and projects are also expected to energize competition in this market. For instance, Saskatchewan province in Canada recently announced the funding of a new wastewater treatment plant in Border City. The plant will be designed in a way that it will easily integrate with the existing infrastructure.
Key Market Driver – Increase in investment in R&D for wastewater treatment
Key Market Restraint – Lack of awareness
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Fortune Business Insights covers some of the important players in the global moving bed bioreactor market:
- Bio water Technology
- Aquatech International
- World Water Works Inc.
- Suez Environment
- Genesis Water Technologies Inc.
- Headworks International Inc.
- KEE Group
- Evoqua Water Technologies
- Veolia Water Technologies
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Key Segmental Overview:
1. By Application
- Biochemical Oxygen Demand
2. By End-User Industry
- Food & Beverages
- Municipal Wastages Treatment
- Pulp & Paper
3. By Geography
- North America (USA and Canada)
- Europe (UK, Germany, France, Italy, Spain, Russia and Rest of Europe)
- Asia Pacific (Japan, China, India, Australia, Southeast Asia and Rest of Asia Pacific)
- Latin America (Brazil, Mexico, and Rest of Latin America)
- Middle East & Africa (South Africa, GCC, and Rest of the Middle East & Africa)
The information used is derived from various primary and secondary sources. It also throws light on some of the major players operating in the market. The report studies profiles of these leading companies and their share in the market. It provides insights on some of the strategies adopted by these companies to survive the competition and maintain their stronghold.
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Major Table of Content For Moving Bed Bioreactor Market:
- Executive Summary
- Market Dynamics
- Key Insights
- Global Moving Bed Bioreactor Market Analysis, Insights and Forecast, 2027
- North America Moving Bed Bioreactor Market Analysis, Insights and Forecast, 2027
- Europe Moving Bed Bioreactor Market Analysis, Insights and Forecast, 2027
- Asia Pacific Moving Bed Bioreactor Market Analysis, Insights and Forecast, 2027
- The Middle East and Africa Moving Bed Bioreactor Market Analysis, Insights and Forecast, 2027
- Latin America Moving Bed Bioreactor Market Analysis, Insights and Forecast, 2027
- Competitive Landscape
- Company Profile
An Overview of the Impact of COVID-19 on this Market:
The emergence of COVID-19 has brought the world to a standstill. We understand that this health crisis has brought an unprecedented impact on businesses across industries. However, this too shall pass. Rising support from governments and several companies can help in the fight against this highly contagious disease. There are some industries that are struggling and some are thriving. Overall, almost every sector is anticipated to be impacted by the pandemic.
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