Wastewater treatment has benefited leaps and bound with the introduction of membrane bioreactors. The overall MBR market is around $2 billion, with growth rates north of 10%. Some wastewater markets, including parts of South America and Asian countries like China, are expected to see faster growth rates. This is largely driven by increasing access to wastewater treatment in rural and decentralized locations as well as meeting BOD/COD and nutrient discharge regulations in both municipal and high-value, low-volume industrial applications in industry. However, the next generation of bioreactors from a handful of startups are using membranes as growth media, commonly know as membrane aerated bioreactors (MABRs), which compete more directly with activated sludge and nitrification and denitrification technologies. OxyMem is among the emerging leaders in MABRs, competing with the likes of Fluence (merger betwen Emefcy and RWL) and global leader Suez Water.
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