By Application (Municipal and Industrial) And Region - Forecast To 2023

Market Synopsis

The demand for water and wastewater treatment equipment is growing significantly, over the years. Various industries such as food & beverages, chemicals, pharmaceuticals, pulp & paper, power, metal & mining, semiconductors, textiles, and oil & gas, call for the usage of clean water and therefore drive the growth of the market during the forecast period. The other factors contributing growth in the market are stringent government emission regulations and increasing urbanization. The global water and wastewater treatment equipment market is expected to experience opportunities during the forecast period, owing to factors such as increasing scope for operations & maintenance, and growth in emerging economies. The growing population, technological developments, rapid urbanization, and growth in infrastructure have augmented the growth of these equipment in the emerging markets.

The global water and wastewater treatment equipment market size is projected to grow from USD 51.25 Billion in 2016 to USD 73.25 Billion in 2023 at a CAGR of 5.33% during the forecast period.

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Industry/ Innovation/ Related News:

The key strategies followed by most companies within the global Water and wastewater treatment equipment market are that of new product development.

On April 2011, GE Water & Process Technologies completed the extension of its water treatment facility in Wuxi New Zone, China. The capacity has been doubled in order to curb the increasing demand of clean water and energy in China and other countries in the Asia Pacific region.

In June 2017, Big Data, machine learning and artificial intelligence have been developed by Kemira Oyj for management of water treatment systems in better efficient ways.

In March 2017, Veolia Water Technologies signed a contract with Magnox Limited, to Deploy Contaminated Water Treatment Systems at Four Magnox Sites in the U.K.

Water and Wastewater Treatment Equipment Market – Segmentation

The global water and wastewater treatment equipment market is segmented in to 3 key dynamics for the convenience of the report and enhanced understanding;

Segmentation by Treatment Type: Comprises Membrane Separation, Disinfection, Sludge treatment and Others

Segmentation by Application: Comprises Municipal and Industrial

Segmentation by Regions: Comprises Geographical regions - North America, Europe, APAC and Rest of the World.

Water and Wastewater Treatment Equipment Market: Regional Analysis

In the Asia-Pacific region, the developing countries such as China and India are the biggest consumers of water due to population growth and rapid industrialization. The disposal of wastewater from the industries is driving the need for rapid adoption of water and wastewater treatment equipment. In the countries of Japan and South Korea, strict rules and regulations have been imposed by the government, which are further contributing to the growth of the market during the forecast period. Japan is a major contributor in the water and wastewater treatment equipment market and is anticipated to grow at a high rate, owing to large population size, potable water scarcity, and rapid industrialization in the region. Japan is also among the few leading membrane system manufacturers and is expected to approach maturity during the forecast period. The Japan region is also shifting its business focus to the international business.

In North America, U.S. is one of the main consumers of wastewater treatment equipment. The increase in water intensive gas exploration activities along with significant demand for industrial water reuse in the country, is expected to boost the growth of the water and wastewater treatment equipment market during the forecast period. The prevailing stringent water regulations, and increasing trend of water recycling & reusing are further expected to drive the growth of the market during the forecast period.

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