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With 8.5% CAGR Biological Augmentation Market Is Expected To Research USD 29.77 Billion By 2028

04-19-2023 02:18 PM CET | Health & Medicine

Press release from: Introspective Market Research

With 8.5% CAGR Biological Augmentation Market Is Expected

Market Overview:
The global Biological Augmentation Services Market was valued at USD 16.82 Billion in 2021 and is expected to reach USD 29.77 Billion by the year 2028, at a CAGR of 8.5%.

The integration of modern technology and living microorganisms for the degradation of pollutants in contaminated sites is known as biological augmentation. The use of particular microorganisms with distinctive characteristics in contaminated areas to eliminate the intended pollutants is known as biological augmentation. In addition, Bioaugmentation innovation has different applications and can be controlled in all the wastewater treatment establishments that are using the enacted ooze treatment process, independently of their format and arrangement. Governments are incorporating biological augmentation services to disinfect water and make it reusable for industries and other purposes in response to the rising demand for eco-friendly technologies to disinfect contaminated locations and the growing industrial use of water.

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Market Dynamics:
Driver:
Reusing and recycling wastewater is a promising long-term and sustainable answer to the global water crisis. The most important method for removing organic contaminants from wastewater in wastewater treatment plants is the biodegradation of pollutants or contaminants using microorganisms in activated sludge. The traditional physicochemical treatment procedures involve multiple steps, and the total cost is prohibitive. Additionally, because the process's byproducts are harmful to the environment, biological augmentation services make wastewater treatment more cost-effective and environmentally friendly.
Opportunities:
Concerning factors that impede the growth of several industrial verticals include the growing production of wastewater and the release of harmful chemicals into the environment. Additionally, governments are being forced to look for new approaches to wastewater treatment because of the ever-increasing demand for freshwater for public and industrial use. The process of entrapping live microorganisms within a semi-permeable gel or carrier materials, also known as immobilization or encapsulation, has numerous advantages over free cell bioaugmentation. It can also shield inoculated microorganisms from bacteriophage and protozoan grazing infections.

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Segmentation of Biological Augmentation Services Market:
Depending on the type of microorganism, the bacteria segment is forecasted to have the highest share of the biological augmentation services market. The presence of a wide range of bacterial strains and their capability to thrive in harsh environmental conditions make them the most preferred option for the wastewater treatment process.

Depending on usage, the water segment is anticipated to dominate the biological augmentation services market during the forecast period. Water plays an important role in several industrial processes. Moreover, the rise in wastewater production from industrial verticals and the presence of toxic pollutants are driving the need to decompose the contaminants.

Depending on applications, the municipal segment is expected to lead the biological augmentation services market in the forecast period. Municipal corporations play an important role in supplying fresh water for both public and industrial purposes.

By Type
• Archaea
• Bacterial
• Fungi

By Application
• Industrial
• Agriculture
• Municipal

By Usage
• Automotive
• Aerospace
• Electronics
• Medical
• Mining & Drilling
• Others

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Regional Analysis of Biological Augmentation Services Market:
The North American region is anticipated to dominate the bioaugmentation services market during the forecast period. The USA and Canada are the major economies contributing to the expansion of the market in this region. Moreover, in the USA, drinking water and wastewater systems account for 3-4% of energy usage and emit more than 45 million tons of Greenhouse gases a year. In addition, the most common pollutant of groundwater in the USA is gasoline.

By Region
North America (U.S., Canada, Mexico)
Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of APAC)
Middle East & Africa (Turkey, Saudi Arabia, Iran, UAE, Africa, Rest of MEA)
South America (Brazil, Argentina, Rest of SA)

Players Covered in Biological Augmentation Services market are :
• Black Lagoon (US)
• SOLitude Lake Management (US)
• LakePro Inc. (US)
• OMEX (UK)
• RF WasteWater (US)
• SUEZ (France)
• Aquatic Biologists Inc. (the US)
• Parklink Limited (New Zealand)
• WET USA (US)
• Barber's Chemicals (US)
• Skyhawk Global (UK)
• Kurita Water Industries Ltd. (Japan)
• Acti-Zyme Products Ltd. (Canada)
• Aquatic Plus Pond Management LLC (US)
• Oxybeesolutions (India)
• Enva (Ireland)

Key Industry Developments in Biological Augmentation Services Market:
• In May 2021, Parklink Limited declared the results of the new product Qwik-Zyme P, in degrading the proteins found in the dairy wastewater. The testing showed an 88% improvement in protein breakdown versus control in the hydrolysis, while both lab and field samples used in oxygen uptake testing presented increased rates of degradation.
• In November 2021, Kurita Water Industries Ltd. announced that it has developed a novel technique and has started applying the Power Bio E-PLUS™, for purifying soil contaminated with volatile organic compounds (VOCs), that are present in soil and groundwater, without soil excavation.
• In January 2019, Enva, a prominent provider of water, recycling and resource recovery services in the UK and Ireland, has declared the acquisition of Bio Industries Limited. With this collaboration Enva will be able to utilize tailored, high-quality environment products and solutions to treat wastewater, utilities, food manufacturing, and processing and aquaculture industries.

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• Includes Updated List of tables & figures
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• Sales Volume, and Revenue Analysis
• Introspective Market Research Methodology

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About us:
Introspective Market Research (introspectivemarketresearch.com) is a visionary research consulting firm dedicated to assisting our clients to grow and have a successful impact on the market. Our team at IMR is ready to assist our clients to flourish their business by offering strategies to gain success and monopoly in their respective fields. We are a global market research company, that specializes in using big data and advanced analytics to show the bigger picture of the market trends. We help our clients to think differently and build better tomorrow for all of us. We are a technology-driven research company, we analyze extremely large sets of data to discover deeper insights and provide conclusive consulting. We not only provide intelligence solutions, but we help our clients in how they can achieve their goals.

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