Industrialization, water concerns drive demand for biological wastewater equipment
Increasing industrialization and modernization, coupled with end user demand for energy efficiency, drives the market for biological wastewater equipment. End users look to water recycling to decrease operational costs as awareness of waste in their facilities increases. New analysis from Frost & Sullivan, North American Biological Wastewater Treatment Markets, finds that the market earned revenues of $580 million in 2006 and expects to reach $917.1 million in 2013...
PALO ALTO, CA, Nov. 14, 2007 -- Increasing industrialization and modernization, coupled with end user demand for energy efficiency, drives the market for biological wastewater equipment. End users look to water recycling to decrease operational costs as awareness of waste in their facilities increases.
"With increasing population and industrial growth, municipalities and industries look to rebuild and retrofit their existing wastewater treatment facilities," notes Frost & Sullivan Research Analyst Yamini Ugender. "Moreover, increasing transportation and disposal costs of wastewater urge industries to start wastewater treatment facilities onsite."
New analysis from Frost & Sullivan, North American Biological Wastewater Treatment Markets, finds that the market earned revenues of $580 million in 2006 and expects to reach $917.1 million in 2013.
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Industries ideally require equipment that is cost-effective, reliable, easily operable and maintenance-free. For industries where water treatment improves process efficiency, a growing demand for highly sophisticated equipment at competitive prices exists. This encourages technological advancements in North American biological wastewater treatment markets.
Vendors that offer wastewater treatment with water recycling capability using newer technologies such as membranes, gain more importance and increased market share. Manufacturers, however, should consider current regulations before introducing new products into the markets as public awareness and rising levels of concern over water quality lead to the implementation of stringent legislation.
Legislation includes a growing number of pollutants; allowable limits become stricter and lower. Such regulations create an opportunity for highly efficient equipment capable of effectively removing pollutants.
"Opportunity exists for those participants that provide equipment which is sensitive and accurate, producing an effluent which caters to the requirements of various regulations," concludes Ugender.
North American Biological Wastewater Treatment Markets is part of the Environmental Growth Partnership Service Program, which includes research services in the following market: U.S. water recycling and reuse. All research services included in subscriptions provide detailed market opportunities and industry trends evaluated following extensive interviews with market participants. Interviews with the press are available.
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