Water treatment startups gaining considerable market share

Jan. 23, 2014

BOSTON — A new report by Lux Research named several startup companies making considerable profits in the wastewater treatment industry.

BOSTON — A new report by Lux Research, "Making Money in the Water Industry," found that startup companies are gaining a larger share of the wastewater treatment and monitoring solutions industry, according to an article by Forbes.

Read more on filtration here.

This industry, which has traditionally been dominated by legacy companies such as GE, Veolia, Siemans and Suez, is generating average operating profits of 12.9 percent as a whole, the article noted.

Using financial data from more than 150 large companies and 150 startups, continued the article, the report analyzed nine different sectors including wastewater monitoring and control, basic wastewater treatment, metals and organics recovery and disinfection; one quarter of all new startups focus on monitoring, forecasts and process controls.

For companies specializing in wastewater treatment visit our Buyer’s Guide.

According to the article, the report listed nine startups worth particular attention: ANDalyze, Alvim Srl, Baswood, BioGill, Emefcy, Gradek Energy, Microvi Biotechnologies, OptiEnz Sensors and Water Lens.

Read the full article here.

Sponsored Recommendations

NFPA 70B a Step-by-Step Guide to Compliance

NFPA 70B: A Step-by-Step Guide to Compliance

How digital twins drive more environmentally conscious medium- and low-voltage equipment design

Medium- and low voltage equipment specifiers can adopt digital twin technology to adopt a circular economy approach for sustainable, low-carbon equipment design.

MV equipment sustainability depends on environmentally conscious design values

Medium- and low voltage equipment manufacturers can prepare for environmental regulations now by using innovative MV switchgear design that eliminates SF6 use.

Social Distancing from your electrical equipment?

Using digital tools and apps for nearby monitoring and control increases safety and reduces arc flash hazards since electrical equipment can be operated from a safer distance....