Rising Demand For Industrial Wastewater Treatment Equipments To Drive The Future Growth
The introduction of Jokasho in the year 2006 has completely changed the domestic wastewater treatment scenario in Japan. Jokhaso has overcome the challenges of space and cost and showcased a steadfast performance. The segment of municipal equipments in Japan is observing steady growth and on the other hand the demand for superior technologies treating industrial wastewater is increasing. The industrial equipments hold a major proportion of market revenues as compared to domestic equipments. The tons of toxic wastewater released by the industries in Japan require for capital intensive and sustainable technologies and equipments.
The growing demand for such equipments is expected to fuel the market of industrial wastewater treatment in Japan. Amongst the various industrial equipments, there will be high demand for digesters, evaporators and the cost effective membrane bioreactors. The development of submerged membrane bioreactors has helped in generating highest quality of effluent by industries. The demand for such pioneering technologies in membrane bioreactors will be fuelling its demand in the Japanese industrial wastewater treatment.
The opportunities for domestic wastewater treatment equipments particularly lie in upgradation of existing facilities. The Japan’s municipal or domestic sewage plants are ageing and require innovative, high quality plants which in turn lead to higher demand for domestic wastewater equipments.
“Japan plans to spend approximately USD 500.0 million during 2014-2015 for the nuclear wastewater releases from the Fukushima nuclear plant. The government main focus is to reduce the leakages from the plant and will also seek foreign investment into the sector. As the government spending increases fuelled with the rising investments from large multinational players, the Japan market for industrial wastewater equipments is expected to expand.” - According to the research report ‘Japan Wastewater Treatment and Management Industry Outlook to 2018” from Ken Research.
The report provides detailed overview on the Wastewater Treatment and Management Industry of Japan and helps readers to identify the ongoing trends in the industry and anticipated growth in future depending upon changing industry dynamics in coming years. The report will help industry consultants, water and wastewater treatment, equipment manufacturer companies and other stakeholders to align their market centric strategies according to ongoing and expected trends in future.
SOURCE: Ken Research