2-July-2019: 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.
In
depth research report on Water and Wastewater Treatment Equipment Market
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.
Grand View Research
has segmented the global water and wastewater treatment equipment market based
on equipment, process, application, and region:
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
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About
Grand View Research
Grand View Research, Inc. is the 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, the company offers market
intelligence studies ensuring relevant and fact-based research across a range
of industries including technology, chemicals, materials, healthcare and
energy.
For more market analysis reports,
please visit: http://www.grandviewresearch.com/
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