Biofilter Market Major Players Analysis and Forecast Growth Until 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“
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
- 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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