Brine Concentration Technology Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 - 2026
NEW YORK, June 13, 2018 /PRNewswire/ -- Brine Concentration Technology Market - Overview
Brine concentration technology entails treatment of the produced brine to remove harmful salts from the water.Brine is considered a high-concentration solution of salt.
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It is usually sodium chloride mixed in water.Brine is produced through various processes.
It is a salt water solution, which may contain different salts such as calcium sulfate, silica, calcium chloride, and sodium.Brine needs to be treated before it is discharged into the environment.
Brine concentration technology is likely to vary according to the end-use industry and quality of the produced brine.
Implementation of stringent regulations related to minimization of harmful carbon emissions is propelling the demand for brine concentration technology.Increase in oil & gas activities and growth in other end-use industries have resulted in the production of brine in the environment.
Therefore, governments of several countries are funding and supporting development and adoption of the latest technology in the brine concentration technology.
Asia Pacific is estimated to emerge as one of the prominent regions of the brine concentration technology.Highly environment-conscious Europe and North America are projected to lead the global brine concentration technology market in the near future.
The brine concentration technology market is projected to witness a large number of collaborations between manufacturers and technology developers during the next few years.
This report analyzes and forecasts the brine concentration technology market at the global and regional level.The market has been forecast based on revenue (US$ Mn) from 2018 to 2026, considering 2017 as the base year.
The study includes drivers and restraints of the global brine concentration technology market.It also covers impact of these drivers and restraints on demand for brine concentration technology during the forecast period.
The report also highlights opportunities in the brine concentration technology market at the global and regional level.
The report includes detailed value chain analysis, which provides a comprehensive view of the global brine concentration technology market.Porter's Five Forces model for the brine concentration technology market has also been included to help understand the competitive landscape.
The study encompasses market attractiveness analysis, wherein products and application are benchmarked based on their market size, growth rate, and general attractiveness.
The study provides a decisive view of the global brine concentration technology market by segmenting it in terms of end-user industry, technology, and region.Based on end-user industry, the brine concentration technology market has been segmented into coal-to-chemicals, food & beverage, and landfill/leachate.
In terms of technology, the brine concentration technology market has been classified into HERO, CCD, VTFF, MVC, and others.These segments have been analyzed based on present and future trends.
Regional segmentation includes current and forecast demand for brine concentration technology in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
The report provides the actual size of the brine concentration technology market for 2017 and estimated size for 2018 with forecast for till year 2026.The global brine concentration technology market has been provided in terms of revenue.
Market numbers have been estimated based on technologies and end-user industries of the brine concentration technology market. Market revenue and size have been provided in terms of global, regional, and country level markets.
The global brine concentration technology market is a highly competitive.Leading players dominate the market.
Key players operating in the brine concentration technology market are Advent Envirocare Technology Pvt. Ltd., Modern Water plc., Memsys Water Technologies GmbH, Enviro Water Minerals Company Inc., Oasys Water, TETRA Technologies, Inc., Fluid Technology Solutions, Inc., Osmo Membrane Systems GmbH, Saltworks Technologies Inc., Duraflow LLC., Veolia, and Synder Filtration, Inc. Market players have been profiled in terms of attributes such as company overview, financial overview, business strategies, and recent developments.
The global brine concentration technology market has been segmented as follows:
Brine Concentration Technology Market, by End-user Industry
Coal-to-chemicals
Food & Beverage
Landfill/Leachate
Mining
Oil & Gas
Power
Pulp & Paper
Refining & Petrochemicals
Steel
Textile
Others
Brine Concentration Technology Market, by Technology
HERO
CCD
VTFF
MVC
Others
Brine Concentration Technology Market, by Region
North America
U.S.
Canada
Europe
Germany
U.K.
France
Norway
Netherlands
Russia & CIS
Rest of Europe
Asia Pacific
China
India
Japan
ASEAN
Rest of Asia Pacific
Latin America
Brazil
Mexico
Rest of Latin America
Middle East & Africa (MEA)
GCC
South Africa
Rest of Middle East & Africa
Key Takeaways
In terms of technology, the HERO segment constitutes the major share of the brine concentration technology market
CCD brine concentration technology systems are also used widely. The technology effectively prevents membrane fouling or scaling and offers high recovery for various end-user industries
High investments in research & development are made by key players to differentiate their products as a key strategy to expand and strengthen their market position
Market share of the oil & gas end-user industry is estimated to increase in the next few years due to the strong focus on expansion in oil & gas activities. The oil & gas segment in the end-user industry segment is expected to provide a potential market over the forecast period.
In terms of region, Asia Pacific holds significant share of the brine concentration.Countries such as China, India, Japan and Australia are the key countries providing significant market potential for brine concentration market over the forecast period.
In China, HERO and VTTF segments held the large share in the by technology segment.
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