Market Size of Asia-Pacific Membrane Water & Wastewater Treatment (WWT) Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | > 8.00 % |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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APAC Membrane Water & Wastewater Treatment Market Analysis
The Asia-Pacific membrane water and wastewater treatment (WWT) market is expected to register a CAGR of over 8% during the forecast period.
The market was negatively impacted by COVID-19 in 2020. Due to lockdown and travel limitations, large industrial and commercial users' decreased demand for water treatment utilities has had a significant negative impact on the market's prospective revenue growth. However, the market is projected to grow steadily, owing to the growing demand for water resources in every sector.
- Over the short term, rising demand for low-pressure membrane technologies is a major factor driving the growth of the market studied.
- However, poor fouling resistance of nanoporous membranes is a key factor anticipated to restrain the growth of the target industry over the forecast period.
- Nevertheless, the growing usage of membrane bio-reactors is likely to create lucrative growth opportunities for the market soon.
- China is estimated to witness healthy growth over the assessment period in the Asia-Pacific membrane water and wastewater treatment market due to the immense need of treating unhealthy surfaces and groundwater for human consumption.
