From GlobeNewswire: 2025-02-18 09:30:00

The Membrane Bioreactor Market was valued at USD 4.01 billion in 2023 and is projected to reach USD 5.46 billion by 2032, with a CAGR of 10.5% from 2024-2032. Key players include SUEZ, Evoqua Water Technologies, and Veolia among others. The market is driven by population growth and urbanization, leading to increased demand for efficient wastewater treatment solutions.

In 2023, the hollow fiber segment dominated the market with over 54.06% revenue share, while the submerged configuration accounted for over 78.12%. The municipal application segment led with over 62% share, driven by the need for efficient wastewater treatment in urban areas. Asia Pacific held over 42.08% of the market in 2023.

North America is expected to experience a 6.2% CAGR during the forecast period, driven by advancements in industries like pharmaceuticals and chemicals. Recent developments include Kovalus Separation Solutions partnering with Aqana to offer anaerobic wastewater treatment technology, aiming to enhance treatment efficiency for industrial customers.

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