Frost: Industrialization, Energy Efficiency Drive Biological Wastewater Equipment Market

January 12, 2008 // Published as a news service by IHS

End-users look to water recycling to decrease operational costs, as awareness of waste in their facilities increases.

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"With increasing population and industrial growth, municipalities and industries look to rebuild and retrofit their existing wastewater treatment facilities," said Frost & Sullivan research analyst Yamini Ugender.

"Moreover, increasing transportation and disposal costs of wastewater urge industries to start wastewater treatment facilities on-site."

Recent analysis from Frost & Sullivan of the North American biological wastewater treatment markets found earned revenues of $580 million in 2006, with estimates to reach $917.1 million in 2013.

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.

Analysts said this encourages technological advancements in North American biological wastewater treatment markets.

Vendors that offer wastewater treatment with water recycling capabilities using newer technologies, such as membranes, gain more importance and increased market share, analysts said.

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.

"Opportunity exists for those participants that provide equipment which is sensitive and accurate, producing an effluent which caters to the requirements of various regulations," Ugender said.

Source: Frost & Sullivan.