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
Market Sizing:
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
Limitation:
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
Nano Technology
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
Desalination
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:
Related Reports:
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.
Contact Us:
Ken
Research
Ankur
Gupta, Head Marketing & Communication
+91-9015378249
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