Research Methodology – Market Definitions
Vietnam Industrial Water and Waste Water Treatment market: It is defined as the total value of projects announced for construction of Industrial Water and Waste Water Treatment. It includes the EPC contracts, Operation and maintenance, capacity addition and upgradation and equipment sales. It excludes the revenue generated by Vietnamese firms executing overseas contracts as well as sewage treatment and municipal water treatment.
Vietnam Operation and Maintenance Market: It is defined as the revenue generated by providing third party operation and maintenance service for water and waste water treatment in various private and government industry. It includes the cost of labour supply, chemicals and others. It excludes the cost of treatment done by companies themselves.
Vietnam EPC market for Industrial water and Waste Water Treatment: It include the total value of projects allocated in a particular year for construction of new plants, upgradation of existing plants and capacity addition. It includes the cost of engineering, construction, material supply and commissioning. It includes both ETPs and CETPs. It excludes the water treatment projects for municipal and sewage treatment.
Vietnam Industrial Water Treatment Equipment Market: It is defines as the total price paid by EPC contractors to OEMs and material suppliers in industrial water and waste water treatment for supply of equipments to be installed and consumed while construction of ETPs, CETPs, and WTPs.
North Vietnam: Hanoi Region
South Vietnam: Ho Chi Minh Region
Central Vietnam: Quang Nam, Thua Thien, Binh Dinh
Research Methodology – Consolidated Research Approach
Hypothesis Creation: The research team has first framed a hypothesis about the market through analysis of existing industry factors obtained from magazines, journals, broker reports, investor presentations and annual reports of major companies, Ministry of Natural Resources and Environment, Ministry of Construction, Department of Water Resource Management, World Bank Commissioned Reports, Asian Development Bank Commissioned Report, Foreign Investment Agencies
Hypothesis Testing: The research team conducted computer assisted telephonic interview (CATI) with several industry professionals including decision makers in EPC and Equipment manufacturing companies. The industry professionals included several management executives, and other higher level authorities. Structured interviews were conducted through telecom with several industry veterans including major decision makers from Duong Water treatment plant, GEM Vietnam Waste water/ Water Treatment and other companies. The analyst at Ken Research collated their insights on the market onboard and to seek justification to the hypothesis framed by the team.
Sanity Checking @ Decision Tree Analysis: Data has been collected and verified through cross-sanity checking the opinion and facts received from interview with the hypotheses framed from public databases. The team has verified the data by conducting both bottom-to-top and top-to-bottom analysis.
Future Forecasting via Poll Opinions and Statistical Tools: Multi-Factor regression was conducted on the lag variables by identifying the independent and quantifiable variables directly affecting the market. The forecasting was done by using SPSS statistical tools. The variables were checked for multi-co-linearity and other bias that could be present in the model. The conclusion from the regression was then double-checked by conducting poll opinions.
Interpretation and Proofreading: The final analysis will then be interpreted in the research report by our expert team well versed with the Water Industry.
Research Methodology – Market Sizing and Limitation – Water and Waste Water Treatment Market
Initially, we identified all major EPC and equipment supplier water treatment companies operating in the market. We then collated the order intake for current year, revenue from sale of equipments and O&M contracts. This helped us in sanity checking the current market size provided by industry veterans.
We also collated the information for entire water treatment industry size including Sewage treatment, Municipal supply and industrial water treatment and then interviewed industry professionals to seek their expert opinion on contribution of industrial water and waste water treatment.
We have conducted multiple CATIs with industry experts and management of leading EPC companies and equipment manufacturers to understand the market size, bidding system, customer acquisition, and their views on future development. This helped us in estimating revenue generated for the overall market and validating the future growth in the market
It can happen that some of the projects may get caught up in legal battle or protest from local bodies which can either delay the project or may even stop the project. It is also possible that company exit the projects due to some technical or financial issue.
Many times, it may happen that industrial complexes may either discharge the effluent directly into the river or in open or may supply it to CETPs after primary treatment. Other than this it is also possible that ETPs and CETPs may not run at their full potential all the time thus affecting the O&M revenue.
It might be possible that some companies may have included equipment supply or construction cost in their order book and other EPC players may have included the cost in their EPC contract which may lead to over reporting or overestimation of the market.
Market for O&M was estimated based on opinion provided by industry experts, however it might be possible that it may vary slightly with margin of error of 10% from original market size considering that many companies opt for captive treatment rather than outsourcing the O&M job and gauging such information was our research constraint.
Technology Trends in Vietnam Industrial Water and Waste Water Treatment Market
Nanotechnology refers to a broad range of tools, techniques and applications that simply involve particles on the approximate size scale of a few to hundreds of nanometers in diameter. This area of research could contribute to solutions for some of the major problems faced on the pan Vietnam level such as ensuring a supply of safe drinking water for a growing population, as well as addressing issues in medicine, energy, and agriculture.
The impurities that nanotechnology can tackle depend on the stage of purification of water to which the technique is applied. The main advantages of using nanofilters, as opposed to conventional systems, are that less pressure is required to pass water across the filter, they are more efficient, and they have incredibly large surface areas and can be more easily cleaned by back-flushing compared with conventional methods
Even though desalination is an old concept it is being used at increased level in Vietnam. Desalination refers to the removal of salts and minerals from water and makes it potable for drinking and other commercial purposes. This technology is fast gaining prominence in Vietnam. High energy consumption along with high cost of installation is associated with these plants. Many experts believe that desalination is not suitable for Vietnamese situations considering the high cost associated with it. The reject from desalination is high concentration brine which is again discharged back to sea. Doosan Vina and Darco water are some key companies executing desalination water treatment plant s in Vietnam.
Moving Bed Bio Reactor
MBBR technology employs thousands of polyethylene biofilm carriers operating in mixed motion within an aerated wastewater treatment basin. Each individual biocarrier increases productivity through providing protected surface area to support the growth of heterotrophic and autotrophic bacteria within its cells. It is this high-density population of bacteria that achieves high-rate biodegradation within the system, while also offering process reliability and ease of operation. MBBR technology has low energy requirements, entailing a small footprint. The energy required by biofilm treatment is only in the conveyance of water between treatment areas. The MBBR biofilm technology handles extremely high loading conditions without clogging.
For more information on the research report, refer to below link:
The report will help the readers to identify the ongoing trends in the industry and anticipated growth in future depending upon changing industry dynamics in coming years.
The report is useful for equipment, EPC companies and potential entrants and other stakeholders to align their market centric strategies manufacturers, water treatment consumable manufacturers and suppliers, environmental associations.
The report is useful for equipment manufacturers, water treatment consumable manufacturers and suppliers, environmental associations, EPC companies and potential entrants and other stakeholders to align their market centric strategies.
Ankur Gupta, Head Marketing & Communication