The According to a market research report, the 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. The market growth is driven by factors such as the use of processes like zero liquid discharge systems and the increasing demand for the use of desalination due to the limited availability of freshwater.
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- 224 Market data Tables
- 35 Figures
- 218 Pages and in-depth TOC on “Brine Concentration Technology (BCT) Market – Global Forecast to 2027”
This report also provides a comprehensive analysis of the companies listed below:
The key players in this market are Veolia Water Technologies( France), Evoqua Water Technologies(US), H2O Innovations (Canada), Aquatech
Recent Developments in Brine Concentration Technology (BCT) Market
- In 2023 Evoqua Water Technologies acquired Bob Johnson and Associates to expand its presence in Texas by purchasing the former Bob Johnson and Associates industrial water service division from Kemco Systems.
- In 2023 Koch Separation Solutions announced its partnership with Aqanato to provide industrial customers in North America with anaerobic wastewater treatment technology.
- In 2022, H2O Innovations acquired Evaporator Co. Inc., which will improve its position in the maple industry by acquiring the leading company Evaporator CO. Inc.
- In July 2022, Veolia Water Technologies announced its partnership with Total Energies and will build the largest photo voltaic (PV) system in Oman to power a desalination plant.
- In May 2022, Veolia Water Technologies acquired Suez, a French company with a global presence focusing on waste management and the water sector.
- In May 2021, Aquatech International LLC announced its partnership with Pani Energy and collaborated to lower the energy requirement of seawater desalination.
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Veolia Water Technologies – Veolia Water Technologies is one of the world’s leading experts in water treatment. The company offers ground-breaking solutions for waste, energy, and water management that are both practical and helpful. For commercial or municipal clients, the company designs and delivers drinking water or wastewater treatment facilities as well as more compact, standardized water treatment equipment and technologies for sustainable development. They contribute to lowering carbon emissions and optimizing water utilization, especially with their zero liquid discharge solutions, which attempt to reuse wastewater following treatment in the plant. They have 160 years of experience.
To meet all needs for water treatment plant management, the company also provides various services, including audit, maintenance, and digital services. It provided sixty-two million people with wastewater service and ninety-five million with drinking water in 2020. The company is a part of the global network, which conducts business in 48 nations worldwide in America, Africa, Asia, Europe, and the Middle East.
Evoqua Water Technologies – Evoqua Water Technologies is one of the leading producers of water and wastewater treatment solutions. Evoqua and its brands have a history of innovation spanning over a century. Evoqua operates in more than 150 locations in nine countries and assists more than 38,000 customers in solving water-related problems at more than 200,000 installations worldwide.
At Evoqua, sustainability is a core value that their culture fosters and manifests in their work. They are dedicated to lowering waste production, water use, and CO2 emissions in accordance with Evoqua’s fourth core value. The company’s products and services are assisting its clients in lowering their environmental impact. Evoqua converts almost one hundred billion gallons of water daily with its products and services. This is more than 4.5 times the volume of water that passes over Niagara Falls daily. The company is present in the US, Europe, Asia, Canada, the UK, and Australia. A company named Xylem Inc. will acquire Evoqua Company.
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.
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