This market research report includes a detailed segmentation of the global water treatment market for aquaculture by technology (MBBR, MBR, SBR, and others). It outlines the market shares for key regions such as the Americas, APAC, and EMEA. The key vendors analyzed in this report are Aquafine, Pentair Aquatic Eco-Systems, Veolia, and Xylem.
Technavio has released a new market research report on the global water treatment market for aquaculture, which is expected to grow at a CAGR of around 9% between 2016 and 2020. The intensive development of aquaculture has resulted in significant environmental impact owing to the discharge of untreated water. To reduce the level of such contaminants, the use of a suitable water treatment equipment is necessary. APAC accounts for 37% of the overall market share of the water treatment market for aquaculture. The rise in government support and rapid urbanization are factors that are generating demand for water treatment systems.
The new industry research report from Technavio discusses in detail the key drivers and trends responsible for the growth of this market and its sub-segments.
“Owing to growing environmental concerns, the vendors have adopted advanced technologies such as UV and ozone disinfection to improve the quality of water. They are implementing these practises to achieve a sustainable aquaculture and provide a healthy aquatic environment. Moreover, vendors are making efforts to increase the productivity of aquaculture and to minimize the risk of diseases and pollution,” says Vishu Rai, Lead Analyst, Energy, Technavio Research
The MBBR segment leads the market with a share of about 35%. Low cost and low maintenance involved in this technology are its primary growth drivers. MBBR technology specializes in the removal of waste such as nitrites generated during aquaculture. It provides solutions for wastewater applications, including biological oxygen demand (BOD) reduction, nitrification, and nitrogen removal that are essential for the aquaculture industry. Its rising adoption will help the segment post a robust growth during the forecast period.
Global water treatment market for aquaculture market by MBBR technology 2015-2020 ($ millions)
Source: Technavio, 2016
The key players in the global water treatment market for aquaculture are Aquafine, Pentair Aquatic Eco-Systems, Veolia, and Xylem. The market consists of numerous small, medium, and large vendors that include international and regional players. Big and established players dominate the market in the Americas and EMEA. Presenting a key market opportunity for the leading players, the Americas region is expected to draw heavy investments in water treatment to reduce water pollution and groundwater contamination in the years to come.
A more detailed analysis is available in the Technavio report, Global Water Treatment Market for Aquaculture 2016-2020.
We can customize reports by other regions and specific segments upon request.
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