A recent report published by Infinium Global Research on brine concentration technology market provides an in-depth analysis of segments and sub-segments in the global as well as regional brine concentration technology market. The study also highlights the impact of drivers, restraints, and macro indicators on the global and regional brine concentration technology market over the short term as well as long term. The report is a comprehensive presentation of trends, forecast and dollar values of global brine concentration technology market. According to the report, the global brine concentration technology market is projected to grow at a CAGR of 3.8% over the forecast period of 2019-2025.
The desalination plants are considerably developing in the world for supplying potable water to many communities in the world. The production of brine concentrated solution is an integral part of the operation of the desalination plant. Nowadays, membrane-based technologies are cost-effective systems for managing brine concentrate as they can recover valuable resources and produce clean water with high recovery. The All Membrane Brine Concentrator (AMBC) is a cost-effective and proven technology for brine concentration provided by Modern Water. The AMBC is an innovative solution that significantly reduces wastewater treatment requirements and maximizes clean water reuse. The current brine minimization methods use a combination of reverse osmosis, thermal evaporation, and thermal crystallization technologies.
Increase in industrialization and strict government regulations for violating the act for a clean environment is the major growth factor of the market. The demand of brine concentration technology is increasing due to its low operating costs, cheap maintenance, and simple operation properties. Furthermore, the rising need for treating brine before releasing into the environment and growing product demand by various end-user industries are also driving the growth of the market. The rise in oil & gas activities and growth in other end-use industries have caused the production of brine in the environment. However, the initial high installation cost of brine concentration technology, especially for small industries restrains the growth of the market. Moreover, stringent government regulations for discharge wastewater after the pre-treatment expected to provide growth opportunities to the market players.
Geographically, Asia-Pacific has the largest market share of the brine concentration technology market. China is the strategic center for brine concentration technology that is anticipated to boost the demand for brine concentration technology systems in the Asia-Pacific in the forecasted period. Europe and North America are anticipated to have healthy growth in the future due to highly environment conscious regulations by the government. The brine concentration technology market is expected to witness a large number of collaborations among manufacturers and technology developers during the forecasted period.
The report on global brine concentration technology market covers segments such as technology, and end-user industry. On the basis of technology, the sub-markets include high efficiency reverse osmosis (HERO), closed circuit desalination (CCD), vertical tube falling film (VTFF), mechanical vapor compression (MVC), and other technologies. On the basis of end-user industry, the sub-markets include coal-to-chemicals, food & beverage, landfill/leachate, mining, oil & gas, power, pulp & paper, refining & petrochemicals, steel, textile, and other end-user industries.
The report provides profiles of the companies in the market such as Modern Water Plc., Saltwaorks Technologies, Inc., TETRA Technologies, Inc., Oasys Water, Enviro Water Minerals Company, Osmo Membrane Systems GmbH, Fluid Technology Solutions, Inc., Memsys Water Technologies GmbH, Veolia, and Advent Envirocare Technology Pvt. Ltd. among the others.
The report provides deep insights into the demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis given in the report brings an insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of brine concentration technology market. Moreover, the study highlights current market trends and provides forecast from 2019-2025. We also have highlighted future trends in the market that will affect the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight into the market share of the leading players.
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