Climate change and the rapid pace of urbanization and industrialization have significantly increased water stress and affected the equitable availability of fresh water. This has led to the implementation of policies that favor water conservation and the embrace of solutions that enable the circular economy of water. Another aspect is the diversification of water sources, which has driven demand for advanced treatment solutions that can improve resilience and provide consistent water quality regardless of the source.
Membrane-based water and wastewater treatment systems have become essential in the mitigation of water stress. Advanced solutions enable high water recovery and reuse and make water infrastructure more resilient to weather disruptions caused by climate change.
In the last 5 years, start-ups have disrupted the membrane systems industry with pioneering innovations that economically treat complex effluents that otherwise would have required thermal solutions for treatment and disposal. The solutions can enhance water recovery and unlock new growth opportunities through resource recovery.
The water and wastewater treatment membrane solutions market is forecasted to grow from $20.91 billion in 2024 to $27.04 billion by 2028, at a compound annual growth rate of 6.6%. Advanced treatment solutions can help utilities and industries sustainably optimize use of water resources, become water positive, and achieve a circular water economy. Frost & Sullivan independently positioned the top 17 water and wastewater treatment membrane solution providers on this Frost Radar™.
Frost & Sullivan analyzes numerous companies in an industry. Those selected for further analysis based on their leadership or other distinctions are benchmarked across 10 Growth and Innovation criteria to reveal their position on the Frost Radar™. The publication presents competitive profiles of each company on the Frost Radar™, considering their strengths and the opportunities that best fit those strengths.
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