NORWALK, CT, Nov. 2, 2006 -- According to a new and updated technical market research report, "Advanced Technologies for Municipal Water Treatment" (MST036B) from BCC Research, the U.S. market for the advanced drinking water technologies is estimated at about $1.3 billion in 2006 and growing at a combined average annual growth rate (AAGR) of 10.7% to 2011 to more than $2.1 billion.
These technologies include membrane filtration, ozone disinfection, UV irradiation and novel oxidation processes.
Combined, the five membrane treatments for municipal drinking water are valued at $1 billion in 2006, with a predicted combined growth rate of 10.3%. UV disinfection, a market valued at $29.2 million, should experience considerable growth in the forecast period. A 38.6% AAGR is predicted to 2011, when the market will reach more than $149 million.
According to the U.S. Environmental Protection Agency (EPA), all 50 states and Puerto Rico invested nearly $9.5 billion in drinking water improvements from 1996 to 2005. In their 2005 annual report, the U.S.-based Water and Wastewater Equipment Manufacturers Association (WWEMA) reported market growth in the industry of at least 5%, with 78% of WWEMA manufacturers seeing and projecting 10%+ growth. These increases are primarily in the domestic market with international sales, as a whole, remaining fairy flat.
BCC Research Research (www.bccresearch.com) is based in Norwalk, CT. It has provided reliable, comprehensive industry research and technical market analyses since 1971.
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Also see: "Membranes for food & beverage processing worth $230 million by 2011"
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