South America Membrane Waste Water Treatment (WWT) Market - Segmented by Technology, by Application, and Geography - Growth, Trends and Forecasts (2018 - 2023)
The market demand for membrane wastewater treatment is likely to be driven by the growing demand for freshwater in the South American region. About 37 million people in this region do not have access to hygienic drinking water, and nearly 110 million people are suffering from inadequate sanitation facilities. These factors are contributing to the overall increase of the market.
Lack of Freshwater Resources
Demand for fresh water is rising worldwide; according to the United Nations World Water Development Report 2015, the world will experience a 40% deficit in water supply by 2030. The global demand for “blue” water, excluding water demand in rain-fed agriculture, will increase by 55% from 2000 to 2050. Due to the adverse geographical and climatic conditions, it has been observed that water reserves are declining worldwide. Moreover, the demand for fresh water is increasing owing to the increasing population and globalization effects.
The demand for water in South America is growing at a fast pace, owing to increasing population, higher standards of living, and accelerated growth in emerging economies. In addition, as the demand for water treatment results in an increased quantity of waste, technologies and smart water grid legislatures have been developed to process waste (including concentrated industrial wastewater, brine from desalination and sludge from municipal treatment plants) more as a resource, with an associated research focus on resource recovery. These factors in turn will boost the market in the region.
The rising demand for fresh water will augment the membrane water treatment market predominantly in municipal and industrial water treatment facilities. Membrane bio-reactor, reverse osmosis, micro, ultra, and nano filtration are the widely accepted membrane technologies globally, for purifying water. Therefore, rising demand for fresh water will drive the market during the forecast period.
Demand for wastewater treatment in South America can mainly be attributed to the coal, steel, and iron industries, which require fresh water for their daily activities. Reverse osmosis technology in Chile is expected to increase, due to the growing government regulations and rising fresh water prices.
There has been a growing demand for reverse osmosis technology in South America due to the rising government regulations. South American countries have enacted regulations on water use and water discharge to improve the region’s precious water resource. Recently, the government has tightened the rules for coal and chemical plants to adapt zero-liquid discharge (ZLD). These regulations are forcing industrial plants to implement the reverse osmosis technology, which can purify up to 90% of the wastewater produced.
Chile to Lead The Market
Chile has witnessed tremendous growth in wastewater treatment, which is expected to grow at significant rates. Chile treats most of its urban sewage and stands top among other South American countries. Among the other countries, there is substantial progress in Brazil and Uruguay in treating the sewage water. With the growing awareness in the developing countries, the market for membrane wastewater treatment is expected to grow during the forecast period.
Major Players: AECOM, AQUATECH, DOW WATER & PROCESS SOLUTIONS, MEMBRANE GROUP, amongst others.
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