The brine concentration technology market 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.
The key players in this market are 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). These companies are strong in their home regions and explore geographic diversification alternatives to grow their businesses. They focus on increasing their market shares through new product launches and other expansions.
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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.
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
Mr. Aashish Mehra
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