October 13th, 2022
Water and Wastewater Treatment Equipment Market
The Water & Wastewater Treatment Equipment Market is expected to reach USD 46 billion by the end of 2017, expanding at a CAGR of 6.6% over the forecast period (2020-2027).
The factors driving the growth of Water and Wastewater Treatment Equipment Market includes rising concerns related to contamination of water resources and water scarcity around the world, growing demand for freshwater and increasing use of wastewater treatment equipment in the industrial and municipal areas. According to the United Nations (UN) World Water Development Report (WWDR), the world population is expected to reach 9.4 and 10.2 billion and almost half of the world’s population is expected to suffer water scarcity, which will boost the demand for water and wastewater treatment equipment in the approaching years. Moreover, rising focus on developing for energy efficient water treatment solutions, strict regulations imposed by Government to treat industrial wastewater, rise in the launches of innovative products and expansion of manufacturing industries worldwide, are some of the additional factors supplementing the Global Water and Wastewater Treatment Equipment Market. In addition, the increasing investments by leading players on research and development, growing popularity of clean H2O usable solutions, improvements in the living standards and rising disposable incomes are further propelling the Water & Wastewater Treatment Equipment Market size.
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However, the growth of Water and Wastewater Treatment Equipment Market is hindered due to huge investments required to upgrade the ageing water treatment plants.
The prominent players operating in the Water and Wastewater Treatment Equipment Market are GE Water & Process Technologies, Evoqua Water Technologies LLC, Aquatech International LLC, Veolia Water Technologies, Suez SA, Xylem Inc., 3M, Pentair plc, Dow Water & Process Solutions Inc. and Ecolab Inc., among others.
Application: Segment Analysis
Based on Application, the Municipal segment is predicted to expand at a significant CAGR during the forecast period attributed to increasing use of water and wastewater treatment equipment to clean wells, lakes, and rivers.
Equipment: Segment Analysis
Based on Equipment, the Membrane Separation segment is projected to grow at a remarkable CAGR over the forecast period due to increasing use of reverse osmosis and nanofiltration to treat wastewater.
Regional: Segment Analysis
Based on Region, the Asia-Pacific region is estimated to capture a sizeable market share over the forecast period. Rising rate industrialization in India, China, and Indonesia, growing demand for clean water, concerns related to water scarcity, rapid urbanization, expansion of the manufacturing industry, increasing population growth rates and high per capita incomes, are some of the important factors augmenting the market growth in Asia-Pacific.
Global Water & Wastewater Treatment Equipment Market by Product Type
Reverse Osmosis (RO)
Global Water & Wastewater Treatment Equipment Market by Application
IndustrialOil & Gas
Pulp & Paper
Food & Beverage
Global Water & Wastewater Treatment Equipment Market by Equipment
Global Water & Wastewater Treatment Equipment Market by Process
Global Water & Wastewater Treatment Equipment Market by Region
Rest of APAC
North AmericaUnited States of America
Rest of Europe
About GMI Research
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