Technologies: Global Markets - Compound Annual Growth Rate (CAGR) of 8%, from 2016 to 2021

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Sep 12, 2016, 02:06 ET

NEW YORK, Sept. 12, 2016 /PRNewswire/ -- This Market Research report provides an industry overview of the advanced oxidation technologies that are used for purification application of water and wastewater produced globally. Includes forecasts through 2021.

Use this report to:
- Analyze global competition among the most important companies of the field within each of the technology segments.
- Evaluate the advanced oxidation technologies used for water and wastewater treatment.
- Identify the users of advanced oxidation technologies and services.
- Study the market and economic opportunities for current industry participants and new entrants.

Highlights
- The global market for advanced oxidation technologies for purification applications should reach $6.5 billion by 2021 from $4.5 billion in 2016 at a compound annual growth rate (CAGR) of 8%, from 2016 to 2021.
- The hydrogen peroxide technology market should reach $2.1 billion by 2021 from $1.3 billion in 2016 at a CAGR of 10.8%, from 2016 to 2021.
- The ozone technology market should reach $1.3 billion by 2021 from $897.0 million in 2016 at a CAGR of 8.5%, from 2016 to 2021.

STUDY GOALS AND OBJECTIVES
The report is intended to:
- Provide an industry overview of the advanced oxidation technologies that are used for purification application of water and wastewater produced globally.
- Provide an overview of types, sources and quantities of wastes produced globally and regionally as well as to estimate future quantities produced.
- Determine the current size and future growth of global and regional markets of advanced oxidation technologies for water and waste purification applications including regional segmentation in North America, Europe, South America, Asia–Pacific and rest of the world (ROW) countries.
- Provide a technology overview of advanced oxidation technologies on waste management and analyze the state of the art technologies as well as the future trends of the sector.
- Analyze global competition among the most important companies of the field within each of the technology segments.
- Profile all–important companies in regional and global segmentation.
- Identify the users of advanced oxidation technologies and services.

REASONS FOR DOING THE STUDY
Water and waste management is a global issue. It is a growing issue linked directly to the way society produces and consumes. Population explosion and expansion of urban areas increased adverse impacts on water resources, particularly in regions in which natural resources are still limited. Waste management is one of the essential utility services underpinning society in the 21st century, particularly in urban areas. Water and waste management is a basic human need and can also be regarded as a basic human right. Ensuring proper sanitation and wastewater management sits alongside the provision of potable water, shelter, food, energy, transport and communications as essential to society and to the economy as a whole. It is clear that future demands for water cannot be met unless wastewater management is revolutionized.

The common physical, chemical and biological processes involved in water and wastewater treatment use various chemical reagents producing large amounts of by products like sludge. Increasing demands for water quality indicators and drastic change regulations on wastewater disposal require the development of processes more efficient and more effective. Advanced oxidation technologies for purification applications to water and wastewater have been used for more than 30 years. Advanced oxidation technologies use ozone, or combinations of ozone, UV light and hydrogen peroxide to degrade compounds such as pharmaceutical and personal care byproducts and endocrine disrupting compounds, while also providing disinfection. In recent years, advanced oxidation technologies have gained increasing interest due to their outstanding technical characteristics for eliminating a wide variety of pollutants normally present in all types of water and wastewater. Major industrial sectors (oil and gas, food and beverage, mining) and municipal bodies are expecting to increase the use of oxidation technologies in water and wastewater treatment in the face of worldwide tightening of environmental regulations and a squeeze on global water resources. However, use of advance oxidation technologies for water purification and wastewater treatment are not widespread. It is generally limited to sites that face issues with the presence of organic compounds that are resistant to biological treatment (recalcitrant), are not efficiently removed via adsorption or volatilization or are very toxic and hazardous (like radioactive waste).

Important changes are taking place that are sometimes forced by economic or social external forces that affect the water and waste management industry. Such external forces are regulations and legislation frameworks, source reduction and pollution prevention programs and initiatives, economic constraints due to recession or competition and new developments in water and waste treatment technology and disposal.

This report provides an overview of North American, European, South American, Asia–Pacific and rest of the world markets of advanced oxidation technologies for purification applications by examining trade and investment in advanced oxidation services markets, including barriers affecting such legislation, trade and investment.

The report contains:
- An in-depth analysis of the advanced oxidation technologies used for water and wastewater treatment.
- An overview of the quantities of waste produced per regional segment, type and source.
- Current and potential applications of advanced oxidation technologies for water and wastewater management.
- Current and future market projections of advanced oxidation technologies for water and wastewater management in each regional market.
- Profiles of current industry players per regional segment including service suppliers and contractors.
- A review of market and economic opportunities for current industry participants and new entrants.

METHODOLOGY AND INFORMATION SOURCES
Both primary and secondary research methodologies were used in preparing this report. Information for the report was collected through extensive market, industry and government contacts with those active in the research, development, and production of oxidation technologies for purification applications from government and academic sources and through technical literature. Several industry experts were also interviewed for this study. In addition, most of the advanced oxidation technology providers and end users were contacted to evaluate current and future technology demands for new market trends. An extensive list of more than 60 market and industry contacts assisted BCC Research in identifying and updating technologies and applications. In addition to these contacts, this Market Research conducted extensive web searches to gather and analyze all pertinent information related to this study. Major technical and trade publications and conference proceedings in oxidation technology for water and waste treatment were also examined.

Read the full report: http://www.reportlinker.com/p04133174-summary/view-report.html

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