Water and Wastewater Treatment Equipment Market Rising With Growth In New Technology Trends Research By 2025
The global water
and wastewater treatment equipment market size is anticipated to reach USD 38.65 billion by 2025, according to
a new report published by Grand View Research, Inc. It is expected to register
a CAGR of 3.68% during the forecast
period. Growing demand for clean water mainly due to increasing population,
rapid urbanization, and infrastructure development across the globe have
augmented the growth. Growing industrial sectors including food and beverages,
chemicals, pulp and paper, pharmaceuticals, power, metal and mining, textiles,
semiconductors, and oil and gas, results in increase in consumption of clean
water which is expected to drive the water and wastewater treatment equipment
market.
On the basis of equipment, the market
is segmented into membrane separation, biological, disinfection, and sludge
dewatering. In terms of revenue, membrane separation segment was valued at USD
6.16 billion in 2018 and is projected to account for the largest market share
over the forecast period.
Based on application, industrial waste
segment was valued at USD 21.86 billion in 2018 and is expected to reach USD
28.13 billion over the forecast period. The establishment of new production
units in emerging markets including Mexico, Brazil, China, India, Thailand,
Saudi Arabia, and Iran is expected to play a key role in increasing the
industrial application. Growing population and rapid urbanization are expected
to augment fresh water consumption and generation of municipal waste. This
factor is projected to propel the demand for water and wastewater treatment
equipment in near future.
In terms of process, tertiary
treatment segment is expected to reach USD 16.59 billion by 2025 and witnessing
robust CAGR over the period of forecast. Growing adoption of technologies such
as reverse osmosis, microfiltration, nanofiltration, and disinfection among
others for wastewater treatment, in light of their ability to provide reduction
in operating expenditure is likely to supplement demand. Primary treatment
segment is projected to register the fastest CAGR of 4.29% from 2019 to 2025.
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Further key findings from the report suggest:
·
U.S. water and wastewater
treatment equipment market revenue is projected to register a CAGR of 1.28%
over the forecast period. Membrane separation technology gaining more
importance in the region owing to increasing R&D towards microfiltration
and ultrafiltration.
·
Russia was valued for USD 2.60
billion in 2018 and is projected to have robust growth over the forecast
period, owing to implementation of stringent governmental policies and high
demand for waste water treatment
·
China is anticipated to reach
USD 3.84 billion by 2025. In 2018, the country had the major chunk of regional
market share. It is the largest population in the world, leading to high demand
for energy, fuel, and fresh water; driving the growth
·
Some of the major market
players include Suez Environment SA; Ecolab Inc.; DowDuPont Inc.; Xylem Inc.;
Calgon Carbon Corporation; Pentair Plc.; Veolia Environment SA, and 3M.
Key
governmental authorities including the United States Environmental Protection
Agency (EPA), European Environment Agency (EEA), and Central Pollution Control
Board (CPCB) play a key role in improving the quality of water environments and
prevention from pollution. Stringent government regulations for wastewater
emission in municipal and industrial sectors have augmented the demand.
U.S.
is among the largest markets for wastewater treatment equipment owing to its
highly developed technology industries and advanced processing capabilities.
The EPA. has been implementing numerous regulations aimed for ensuring water
management services at manufacturing and municipal level. Growing urban
population coupled with substantial demand for industrial aqua reuse is
predicted to drive the growth for aqua treatment machinery in the country over
the forecast period.
Browse Press
Release of this report:
Grand View Research has segmented the
global water and wastewater treatment equipment market based on equipment,
process, application:
Water and Wastewater Treatment
Equipment Outlook (Revenue, USD Billion, 2015 - 2025)
·
Membrane Separation
·
Biological
·
Disinfection
·
Sludge Dewatering
·
Others
Water and Wastewater Treatment
Equipment Process Outlook (Revenue, USD Billion, 2015 - 2025)
·
Primary Treatment
·
Secondary Treatment
·
Tertiary Treatment
Water and Wastewater Treatment
Equipment Application Outlook (Revenue, USD Billion, 2015 - 2025)
·
Municipal Waste
·
Industrial Waste
About Grand View Research
Grand View Research, Inc. is a U.S.
based market research and consulting company, registered in the State of
California and headquartered in San Francisco. The company provides syndicated
research reports, customized research reports, and consulting services. To help
clients make informed business decisions, we offer market intelligence studies
ensuring relevant and fact-based research across a range of industries, from
technology to chemicals, materials and healthcare.
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