Wellesley, Mass., July 17, 2017 (GLOBE NEWSWIRE) —
Reverse osmosis (R.O.) typically uses less energy, requires less capital outlay, and takes less space than conventional processes for water recycling. The technology can offer water reuse levels at 40% to 70% with no added effluent costs. These attractive features are driving growth in the R.O. global market as the global population continues to expand, especially in developing economies, says Major Reverse Osmosis System Components for Water Treatment: The Global Market.
The new BCC Research report predicts that the municipal application sector of the global market to grow at an 11% CAGR, thanks to the increasing adoption of portable and residential R.O. systems that will lead to the market to realize $11.0 billion by 2021.
While industrial, environmental and military domains can witness ways and means of reducing water usage, drinking water has no such alternative. In arid regions exposed to abundant coastlines, such as the Middle East and Northern Africa, seawater desalination R.O. is the only viable alternative. With the economies of scale building up in regions like the Asia-Pacific, as well as in the traditional mature markets in the North American region, the household sector will continue to adopt sleek R.O. systems.
- Industrial water planners see greater merit in adopting R.O. for ultra-pure water provisioning, especially in cutting-edge industries like semiconductors.
- Although agricultural and environmental domains lack the critical mass for large-scale R.O. system adoption, increasing awareness of the eco-friendly characteristics of R.O. water should eventually yield large-scale adoption.
- The portability of R.O. systems should spur its increasing adoption in the military/agency sector.
“While agricultural and environmental domains presently lack the critical mass for large-scale R.O. system adoption, greater awareness about the eco-friendly characteristics of R.O. water will eventually pave the way for large-scale adoption. ” says Kevin Fitzgerald, BCC Research editorial director. “While waste-disposal continues to be a crying issue in densely populated regions, few systems offer the sustainable modus operandi of water recycling as solid as R.O.”
About BCC Research
BCC Research is a publisher of market research reports that provide organizations with intelligence to drive smart business decisions. By partnering with industry experts worldwide, BCC Research provides unbiased measurements and assessments of global markets covering major industrial and technology sectors, including emerging markets. For more information about BCC Research, please visit bccresearch.com. Follow BCC Research on Twitter at @BCCResearch.
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