The membrane bioreactor (MBR) market is projected to grow at a CAGR of 7.83% to reach US$5.406 billion by 2024, from US$3.440 billion in 2018. High beginning ventures and working expenses are as of now controlling the development of the membrane bioreactor market. Geographically, North America holds a significant piece of the pie attributable to the strict regulatory standards for industrial waste disposal.