Brine Concentration Technology (BCT) Market worth $21.1 billion by 2027
The report "Brine Concentration Technology (BCT) Market by Type (Calcium chloride, Sodium chloride, Zinc calcium bromide, Cesium formate), Technology (High energy reverse osmosis, Mechanical vapor compression), Application, and Region - Global Forecast to 2027", is projected to reach USD 21.1 billion by 2027, at a CAGR of 6.0% from USD 15.8 billion in 2022.
Browse 224 market data Tables and 35 Figures spread through 218 Pages and in-depth TOC on "Brine Concentration Technology (BCT) Market by Type (Calcium chloride, Sodium chloride, Zinc calcium bromide, Cesium formate), Technology (High energy reverse osmosis, Mechanical vapor compression), Application, and Region - Global Forecast to 2027"
View detailed Table of Content here - https://www.marketsandmarkets.com/Market-Reports/brine-concentration-technology-bct-market-179905143.html
The brine concentration technology market is mainly driven by the demand for brine concentration technology in various end-use industries, including mining, chemical, food and beverage, pharmaceuticals, wastewater treatment, power generation, pulp & paper, coupled with the scarcity of water resources and concerns for the environmental impact. Moreover, it is also driven by rapidly developing and emerging economies such as India and China.
“Calcium chloride by type is projected to grow at fastest CAGR, in terms of value, during the forecast period.”
Calcium chloride is projected to be the fastest-growing segment in the global brine concentration technology market by type, in terms of value, during the forecast period. Calcium chloride is one of the byproducts of brine concentration technology. It has uses in wastewater treatment, metal processing, and oil drilling. It is also used as a desiccant to remove moisture and air from storage containers and as a food preservative.
“Vertical tube falling film is projected to be the fastest growing technology in the market, in terms of value.”
Vertical tube falling film provides superior properties like high heat transfer coefficient, low fouling, compact design, low liquid holdup, high heat recovery, and uniform heat distribution, making it ideal for various applications in industries like food and beverage, pharmaceutical, and chemical.
“Asia Pacific is expected to be the fastest growing market for brine concentration technology during the forecast period, in terms of value.”
Asia Pacific and South America markets are registering high growth, and the trend is projected to continue during the forecast period. Emerging economies such as India, China, South Korea, Brazil, and Argentina are investing in various industrial developments driving the brine concentration technology market. Moreover, the increasing mining and chemical industry in all these countries is driving the demand for brine concentration technology as it reduces the amount of waste generated and extracts valuable dissolved solids from the wastewater in these industries. The urgency of conserving freshwater due to its limited availability and increasing population in the region are key factors for the extensive use of brine concentration technology. In addition, governments from different countries are launching initiatives and programs to properly treat and dispose of wastewater generated to reduce the environmental impact.
The key players in this market Veolia Water Technologies( France), Evoqua Water Technologies(US), H2O Innovations (Canada), Aquatech International LLC(US),Koch Separation Solutions(US), Aquachem (US), IDE Technologies(Israel),Saltworks Technologies (Canada), Samco Technologies (US), Gradiant (US).
About MarketsandMarkets™
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
[email protected]
- Triangulate with your Own Data
- Get Data as per your Format and Definition
- Gain a Deeper Dive on a Specific Application, Geography, Customer or Competitor
- Any level of Personalization
- What are the Known and Unknown Adjacencies Impacting the Brine Concentration Technology (BCT) Market
- What will your New Revenue Sources be?
- Who will be your Top Customer; what will make them switch?
- Defend your Market Share or Win Competitors
- Get a Scorecard for Target Partners
