Biofilter Market to Grow with a CAGR of 8.28% through 2027
Rising demand for stormwater management and growing number of
industries offering advanced biofilter technologies are expected to drive the
growth of global biofilter market through 2027.
According
to TechSci Research report, “Biofilter Market - Global Industry Size,
Share, Trends, Opportunity and Forecast, 2017-2027”, the global biofilter
market is anticipated to register a CAGR of 8.28% to reach USD3675.68 million
by 2027. Ongoing technological advancements and the high demand for advanced
water & wastewater treatment techniques from emerging economies coupled
with stringent government regulations regarding water quality are the key
factors driving the growth of the global biofilter market through the next five
years.
Biofilters offer several
advantages such as cost-effectiveness, easy availability, sustainability, and
high effectiveness, which are the significant reasons for their high demand
across the globe. Biofilters can be easily installed in individual set-ups such
as manufacturing plants, commercial buildings, and households to reuse and
treat wastewater which is one of the major reasons accelerating the demand for
the global biofilter market.
The pollution caused by
harmful greenhouse emissions into the environment is degrading an individual's
health. People are exposed to fine particles of pollutants in the air, and
these particles can move into the cardiovascular and lung system of the body.
The contact with harmful contaminants of individuals lead to severe health
disorders such as respiratory infections, lung cancer, stroke, heart diseases,
and chronic obstructive pulmonary diseases. The rise in prevalence of severe
health conditions is bolstering the need for effective filtration techniques,
which are expected to affect the global biofilter market's growth positively.
However, space
constraints to install biofilter technology and the need for frequent
replacements at regular intervals may restrain the market growth for the next
five years.
Browse
over 134 market data Figures spread through 202 Pages and an in-depth TOC on "Global
Biofilter Market"
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The global biofilter
market is segmented into type, column, application, end user industry, regional
distribution, and company.
Based on type, the
market is divided into biological aerated biofilter systems, denitrification
biofilter systems, activated carbon biofilter systems, fixed films, fluidized
bed filters. Biological aerated biofilter systems dominated the market in 2021,
with a market share of 34.31%, and are expected to maintain their dominance
through the next five years. Biofilter offers several advantages, such as
compact size and requiring no secondary settlers.
The market is divided
into VOC treatment, nitrification, denitrification, and odor abatement based on
application. The odor abatement segment is projected to grow at a significant
CAGR of 8.30% in the forecast period and is expected to emerge as the dominant
segment in the next five years to treat the air in wastewater.
Based on end user
industry, the market is divided into stormwater management, water
&wastewater treatment, aquaculture, others. Water & wastewater
treatment captured the highest market share of 28.64% and is expected to
account for dominant market share through the next five years. Wastewater
treatment is crucial to treat the contaminated water produced during the industrial
process. With the rise in the number of industries, the demand for biofilter
technologies is growing at a rapid rate.
Major market players
operating in the global biofilter market are :
- Veolia Water Solutions & Technologies
- SUEZ - Water Technologies & Solutions
- Evoqua Water Technologies Corp.
- CMI Europe Environment SA
- OdaTech
- Bohn Biofilter Corporation
- Pentair Aquatic Eco-Systems, Inc.
- Anua International LLC
- Pure Air Solutions
- PPC Air
- Waterloo Biofilter Systems Inc.
- AZU Water Gmbh
- Velda B.V.
- Ambio Biofiltration Ltd
- Biorem Inc.
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“Market players are
investing in R&D activities to find innovative solutions and advance
biofilter technology to meet the growing global requirements. The need to
rectify the problems relating to water scarcity is growing at an exponential
rate and creating the need to devise an effective treatment method. Leading
market players collaborate with research institutes to advance the existing
infrastructure and create customized biofilters with high selectivity,
throughout, and affordability to capture the largest market share. The rise in
the number of biofilter manufacturing companies and growth in efforts by
leading authorities to provide clean drinking water and air for their citizens
are expected to propel the global biofilter market growth till 2027.”, said Mr. Karan Chechi,
Research Director with TechSci Research, a research based global management
consulting firm.
“Global Biofilter
Market By Type (Biological Aerated Biofilter Systems, Denitrification Biofilter
Systems, Activated Carbon Biofilter Systems, Fixed Films, Fluidized Bed
Filter), By Column (Cross Flow, Counter Flow), By Application (VOC Treatment,
Nitrification, Denitrification, Odor Abatement), By End User Industry (Storm
Water Management, Water & Wastewater Treatment, Aquaculture, Others), By
Region, Competition, Forecast & Opportunities, 2017- 2027F”, has evaluated the future
growth potential of global biofilter market and provides statistics &
information on market size, structure, and future market growth. The report
intends to provide cutting-edge market intelligence and help decision makers
take sound investment decisions. Besides, the report also identifies and
analyzes the emerging trends along with essential drivers, challenges, and
opportunities in global biofilter market.
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