Water and wastewater treatment equipment Market
Global Water and wastewater treatment equipment market to surpass USD 87.2 billion by 2030 from USD 65.6 billion in 2020 at a CAGR of 5.1% in the coming years, i.e., 2021-30.
Water treatment is done to reduce TSS levels to meet the needs of the end-user and hence varies depending on parameters including TSS level, location, and application. The chemical, physical, and biological properties of water and its contents are used to separate suspended particles and bacteria. The attributes of elements such as density, amount, chemical reactivity, boiling point, solubility, melting point, volatility, water purity level, and similar variables are used to select water treatment equipment.
Global Water and wastewater treatment equipment market is expected to project a notable CAGR of 5.1% in 2030.
Over the forecast period, rising demand for clean water due to rapid urbanization and industrialization, along with diminishing freshwater supplies, is expected to drive product demand. Rising environmental concerns, as well as the need to adhere to severe regulatory rules governing water and wastewater treatment around the world, are expected to drive market expansion. Furthermore, rising investments in wastewater treatment facilities are expected to fuel market expansion.
Global Water and wastewater treatment equipment: Segments
Membrane separation segment to grow with the highest CAGR during 2020-30
Global Water and wastewater treatment equipment market is segmented by Equipment into Membrane Separation, Biological, Disinfection, Sludge Treatment, and Others. Membrane Separation segment held the largest market share in the year 2020. Membrane separation is a physical treatment process that includes forcing feed water through a semi-permeable membrane at high pressure to remove certain components from the solution. Membrane separation has various advantages over earlier approaches, including a small operating area and great filtration efficiency.
Municipal segment to grow with the highest CAGR during 2020-30
Global Water and wastewater treatment equipment market is divided by application into Municipal and industrial. Over the forecast period, the municipal segment is projected to expand at the fastest pace. Growing urban populations, combined with favorable government policies fostering infrastructure development, are likely to boost municipal product demand, particularly in developing nations. The primary purpose of municipal wastewater treatment plants is to protect water resources and natural aquatic systems by removing Effluent Organic Matter, pathogens, and nutrients from wastewater. Over the forecast period, rising awareness about wastewater treatment and increased government attention on building water and wastewater treatment infrastructure around the world are likely to drive sector expansion.
Threat of water crisis and regulations by government
The water crisis and the stress caused by water constraints are affecting the entire world. As the world’s population grows, so does the demand for clean water for drinking, cooking, and other industrial reasons. The amount of water consumed pollutes the available freshwater resources by reaching the sewage system. This is a major driver of the market for water and wastewater treatment equipment. Some APAC countries are concerned about the impending water problem that would affect their future generations; as a result, their governments have enacted rigorous regulations and legislation to control water usage, and they have also managed to invest in water treatment sectors to support their growth.
Up gradation of existing wastewater infrastructure
Water conservation through wastewater treatment is projected to be aided by strict federal and state restrictions around the world. There is also a pressing need to upgrade the existing infrastructure, which has been in place for decades. Upgrading the water treatment infrastructure, which has certain age constraints, will enhance income for the water and wastewater treatment equipment industry.
High operational cost and maintenance of effluent quality standards
Though the industry has a greater return on investment, the capital investment required for the overall setup in emerging countries is higher. This factor is a major stumbling block for the expansion of the water and wastewater treatment equipment industry. More complicated systems with higher flow rates and higher effluent quality standards are required for efficient water and wastewater treatment; these requirements will raise the system’s expenses. As a result, the market’s expansion is hampered.
Global Water and wastewater treatment equipment: Key Players
GE Water & Process Technologies
Company Overview, Business Strategy, Key Product Offerings, Financial Performance, Key Performance Indicators, Risk Analysis, Recent Development, Regional Presence, SWOT Analysis
Aquatech International Corporation
Veolia Water Technologies
Fluence Corporation Limited
Napier Reid Ltd.
Calgon Carbon Corporation
Other Prominent Players
Global Water and wastewater treatment equipment: Regions
Global Water and wastewater treatment equipment market is segmented based on regional analysis into five major regions: North America, Latin America, Europe, Asia Pacific, and the Middle East and Africa. The market for Water and wastewater treatment equipment is dominated by APAC. Increased investments in the wastewater management industry, combined with a rapidly increasing manufacturing sector, are expected to boost market growth. Furthermore, the region’s rising residential sector is likely to increase product penetration in municipal wastewater treatment plants.
Global Water and wastewater treatment equipment is further segmented by region into:
North America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United States and Canada
Latin America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – Mexico, Argentina, Brazil, and Rest of Latin America
Europe Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United Kingdom, France, Germany, Italy, Spain, Belgium, Hungary, Luxembourg, Netherlands, Poland, NORDIC, Russia, Turkey, and Rest of Europe
Asia Pacific Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – India, China, South Korea, Japan, Malaysia, Indonesia, New Zealand, Australia, and Rest of APAC
Middle East and Africa Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – North Africa, Israel, GCC, South Africa, and Rest of MENA
Global Water and wastewater treatment equipment report also contain analysis on:
Water and wastewater treatment equipment Segments:
Water and wastewater treatment equipment Dynamics
Water and wastewater treatment equipment Size
Supply & Demand
Competition & Companies Involved in the Market
Value Chain of the Market
Market Drivers and Restraints
Water and wastewater treatment equipment Market
Report Scope and Segmentation
Report Attribute Details
Market size value in 2020 USD 65.6 billion
Revenue forecast in 2030 USD 87.2 billion
Growth Rate CAGR of 5.1% from 2021 to 2030
Base year for estimation 2020
Quantitative units Revenue in USD million and CAGR from 2021 to 2030
Report coverage Revenue forecast, company ranking, competitive landscape, growth factors, and trends
Segments covered Equipment, application, and Region
Regional scope North America, Europe, Asia Pacific, Latin America, Middle East & Africa (MEA)
Key companies profiled GE Water & Process Technologies, Aquatech International Corporation, Veolia Water Technologies, WPL Limited, Fluence Corporation Limited, Napier Reid Ltd., Calgon Carbon Corporation, Xylem Inc., Kemira Oyj, and Other Prominent Players