South Korea Biofiltration Market
South Korea Biofiltration Market Research Report: By Type (Biological Aerated Biofilter System, Denitrification Biofilter Systems, Activated Carbon Biofilters, Fixed Films, Fluidized Bed Filter), By Filter Media (Ceramic Rings, Bio Balls, Moving Bed Filter Media, Others), By Application (VOC Treatment, Nitrification, Denitrification, Odor Abatement, Others) andBy End User (Storm Water Management, Water & Wastewater Collection, Chemical Processing, Food & Beverage, Aquaculture, Biopharma Industry, Others)- Forecast to 2035
Industry Developments
The South Korea Biofiltration Market has witnessed significant developments, particularly with companies like Daewoo Engineering and Construction and Hyundai Engineering ramping up efforts in wastewater treatment and air pollution control technologies. With increasing environmental regulations, firms such as Korea Water Resources Corporation and SK Innovation are focusing on innovative biofiltration systems that enhance sustainability in resource management. Recent market valuations reflect a growth trend as the demand for effective wastewater management rises, with companies like LG Chem and Envirotech aggressively expanding their product lines. In 2023, noticeable mergers and acquisitions occurred in the sector, with Hankook Environmental and Engineering acquiring smaller firms to enhance their technological capabilities. Additionally, in October 2022, Biomax expanded its operations through a strategic partnership with Korea Environment Corporation to develop advanced biofiltration solutions. This collaboration aims to address Korea's stringent environmental policies better and improve operational efficiencies. As of late 2023, the South Korean government continues to support biofiltration initiatives as part of its Green New Deal plan, further establishing the country as a leader in sustainable technologies in the biofiltration space.
Report Scope
| Report Attribute/Metric Source: | Details |
| MARKET SIZE 2018 | 37.57(USD Million) |
| MARKET SIZE 2024 | 41.25(USD Million) |
| MARKET SIZE 2035 | 115.12(USD Million) |
| COMPOUND ANNUAL GROWTH RATE (CAGR) | 9.78% (2025 - 2035) |
| REPORT COVERAGE | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
| BASE YEAR | 2024 |
| MARKET FORECAST PERIOD | 2025 - 2035 |
| HISTORICAL DATA | 2019 - 2024 |
| MARKET FORECAST UNITS | USD Million |
| KEY COMPANIES PROFILED | Daewoo Engineering and Construction, Biomax, Korea Water Resources Corporation, Hyundai Engineering, LS Networks, Korea Environment Corporation, SK Innovation, Korea Biofiltration Systems, Watergen, Samsung Engineering, Hankook Environmental and Engineering, LG Chem, Envirotech, EcoTech, Nexent |
| SEGMENTS COVERED | Type, Filter Media, Application, End User |
| KEY MARKET OPPORTUNITIES | Growing industrial wastewater treatment demand, Government regulations supporting environmental sustainability, Increasing agricultural biofiltration applications, Technological advancements in filtration systems, Rising urban air quality concerns |
| KEY MARKET DYNAMICS | increasing environmental regulations, rising water scarcity concerns, demand for sustainable solutions, technological advancements in filtration, growing industrial applications |
| COUNTRIES COVERED | South Korea |
FAQs
What is the expected market size of the South Korea Biofiltration Market in 2024?
The South Korea Biofiltration Market is expected to be valued at 41.25 million USD in 2024.
What will the market size be in 2035?
By 2035, the South Korea Biofiltration Market is projected to reach a value of 115.12 million USD.
What is the expected CAGR for the South Korea Biofiltration Market from 2025 to 2035?
The market is anticipated to grow at a CAGR of 9.78% between 2025 and 2035.
Which type of biofiltration system is expected to have the largest market share in 2035?
The Biological Aerated Biofilter System is expected to hold the largest market share, valued at 29.15 million USD in 2035.
What are the major players in the South Korea Biofiltration Market?
Key players in this market include Daewoo Engineering and Construction, Biomax, and Samsung Engineering among others.
What is the market value for Denitrification Biofilter Systems in 2024?
In 2024, the Denitrification Biofilter Systems are expected to be valued at 8.75 million USD.
How much is the Fixed Films segment expected to be worth in 2035?
The Fixed Films segment is projected to reach 20.0 million USD in 2035.
What is the anticipated market growth rate for the Fluidized Bed Filter segment?
The Fluidized Bed Filter segment is expected to contribute significantly to the market with a value of 28.62 million USD in 2035.
What are the key applications driving the growth of the South Korea Biofiltration Market?
Growing environmental concerns and the need for efficient wastewater treatment are key applications driving market growth.
How will the current global environmental initiatives impact the South Korea Biofiltration Market?
Current global environmental initiatives are expected to boost the demand for biofiltration technologies, enhancing market growth.
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