A recent report published by Infinium Global Research on bio
filter market provides an in-depth analysis of segments and sub-segments in the
global as well as regional bio filter market. The study also highlights the
impact of drivers, restraints, and macro indicators on the global and regional
bio filter market over the short term as well as long term. The report is a
comprehensive presentation of trends, forecast and dollar values of the global bio
filter market. According to the report, the global bio filter market is
projected to grow at a CAGR of 6.4% over the forecast period of 2020-2026.
RAS (Recirculating aquaculture systems) are exclusive
engineered ecosystems that reduce environmental perturbation by dropping
nutrient pollution discharge. To control ammonia levels produced as a byproduct
of fish protein catabolism, RAS typically employ a biofilter. Biofilters are
considered important aquaculture equipment in the aquaculture industry. Two
limiting factors creating hindrance to the aquaculture industry and aquaculture
systems are water quality and economy. Rapid accumulation of feed residues,
organic matter, and toxic inorganic nitrogen is one such detrimental factor
impacting aquaculture species.
Biofilters offer a technologically advanced filter using a
medium such as sand, crushed rock, river gravel, or some form of plastic or
ceramic material. Apart from these, biofilters are used for a variety of
purposes such as processing wastewater, capturing harmful chemicals, and micro
biotic oxidation of contaminants in the air. Bio filter market is growing due
to increasing demand from the end-user industries. Due to the unprecedented
demand during pandemic over the past few months, companies have significantly
scaled up the production capacity to meet the surge in demand for biofilters.
The demand for biofilters also increased due to increasing hygiene concerns and
increasing demand for sewage pumps for waste management. Moreover, recent
technical breakthroughs made biofiltration technology an effective tool for
water utilities to meet regulatory demands and customer expectations. The global Coronavirus pandemic has impacted all
industries across the globe, the bio filter market is no exception. As we
crawl into the second decade of the 21st century, the whole world is
experiencing an economic catastrophe. COVID-19 pandemic has caused disruptions
for the global factory automation industry in recent memory. The continuing
rising number of cases and falling demand has caused anxiety among the leading
biofilter producers.
Geographically, the Asia Pacific region dominated the global
biofiltration market in 2019 and factors such as stringency in regulatory norms
further contributed to the growth of the market. In Asia- Pacific region, water
security is an indispensable part of the economic, social, and environmental
well-being that is particularly relevant in the context of its growing
demographic and economic development. Countries in the Asia Pacific region
addressing the water security challenges urgently by ensuring holistic
implementation of reducing, reuse, and recycle strategies. North America region
is expected to grow in long term due to the rising demand for water filtration
in the countries. Majority of biofiltration facilities in North America
practice biofiltration along with ozone. Also, utilities more often engage
biofiltration as a retrofit option for improving an existing plant. Some
utilities are moving to optimization, biofiltration with the addition of
nutrients, peroxides, or other oxidants. Also, the presence of key players in
this region driving the bio filter market.
The report on global bio filter market covers segments such
as type, column, application, and end user industry. On the basis of type, the
sub-markets include biological aerated biofilter, denitrification biofilter,
activated, carbon biofilter, fixed films, and fluidized bed filter. On the
basis of the column, the sub-markets include cross flow, and counter flow. On the
basis of application, the sub-markets include VOC treatment, nitrification,
denitrification, and odour abatement. On the basis of end user industry, the
sub-markets include storm water management, water & wastewater treatment,
aquaculture, and others.
The report provides profiles of the companies in the market
such as Aqua Design Amano Co., Ltd, Aquaneering, Inc., Azoo Corporation, EHEIM
GmbH & Co. KG, Rolf C. Hagen, Inc., Marukan Co., LTD., Penn-Plax, Qian Hu
Corporation Limited, Spectrum Brands, Inc., and Tropical Marine Centre.
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 bio filter market. Moreover, the study highlights current market trends and provides forecast from 2020-2026. 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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