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Mexico's lack of regulation of industrial wastewater treatment makes it easy for companies to avoid investing in the necessary technology, Salvador Hernández, account manager at global clean tech company Eisenmann, told BNamericas.
An ineffective regulatory framework is one of the main reasons behind Mexico's low wastewater treatment levels, and also makes it more difficult for cutting-edge technology companies to enter the market, said Hernández.
While the wastewater treatment market in Mexico is pretty full, most companies provide similar solutions with lower levels of technology. There are still opportunities for private investors and tighter regulations would attract more high-end technology capital, according to the executive.
Eisenmann has traditionally provided pollution control systems for automotive finishing in Mexico.
"The auto industry is ramping up in Mexico and they will need additional wastewater treatment facilities to cope with the increased production," said Hernández.
Wastewater treatment in Mexico is still an emerging market compared with the US or Europe. However, the country still represents an interesting opportunity for Eisenmann, as "the environmental technology market is growing fast," Hernández said.