Monday, March 4, 2013

Global Membrane Wastewater Treatment technology markets are expected to reach $817 million, equivalent to a 2007 to 2012 CAGR of 13%

Wastewater is, at once, an environmental hazard and a potentially recoverable resource. Generated from a wide array of processes and activities, wastewater may contain hazardous toxins, heavy metals, oils and greases, nutrients, bacteriological components, viruses, pharmaceuticals, and an array of other pollutants. If released into natural or managed waters, these pollutants can contribute substantially to downstream water quality impairments and impact both human health and ecosystems. Fortunately a wide array of wastewater treatment technologies is available, including physical treatments, chemical treatment, biological treatment, screening, and membrane filtration. These technologies, which remove, destroy, or transform pollutants into less harmful by-products, are varied and highly specific based on wastewater characteristics, volume, needed process flow rates, and the ultimate disposal or reuse selected for the treated wastewater.  Led by growth in the low pressure membrane segment, membrane wastewater treatment technology markets rebounded strongly in 2010 and 2011, following the global economic turndown. By the close of 2012, global membrane wastewater treatment technology markets are expected to reach $817 million, equivalent to a 2007 to 2012 CAGR of 13%. With the ongoing economic recovery, demand for membrane wastewater treatment technologies is anticipated to continue to expand, with global markets reaching almost $3 billion by 2021, equivalent to a 2012 to 2021 CAGR of 16%. At that time, low pressure membrane technologies will maintain the larger market share, but high pressure technologies will achieve higher percentage growth rates.

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