Water & Wastewater Treatment Equipment Market 2024 – Market Size & Segments Analysis, Industry Trends, Manufacturers Analysis, Opportunities and Forecast 2034

Water & wastewater treatment equipment includes a wide variety of devices, filtration technologies and integrated systems that purify water from different water supplies such as groundwater, surface water, industry and municipal wastewater for consumption, industrial processes or environmental discharge. These machines are designed to eliminate any hazardous components, contaminants, pathogens and pollution to qualify the water for the set water safety regulation and environmental standards. Equipment may include filtration systems, disinfection units, biological wastewater treatment systems, desalination units, sludge treatment systems, membrane separation technologies, chemical treatment processes, and highly sophisticated monitoring, control and testing systems. Briefly, wastewater and water treatment equipment offer a fundamental function which serves to protect public health, the environment, and water balance in a sustainable way.

The principle reasons behind the growth of the global water & wastewater treatment equipment market are the growing awareness about water shortage, strict government regulations, and high industrialization. A high rate of population growth, especially in urban centers, is a major factor in boosting the consumption of clean water for drinking, sanitation, and industrial production. Moreover, the implementation of public financing schemes for water infrastructure development, especially in emerging nations, is another driving force for market expansion.

The water & wastewater treatment equipment market is anticipated to reach USD XXX.X million by 2034 from USD XXX.X million in 2023, at a CAGR of XX.X% during the forecast period.

The increase in industries like manufacturing, chemical processing, and food & beverage will require a well-planned wastewater treatment system to be in line with the environmental regulations. On the other side, along with progress in the technology of water treatment such as microfiltration, UV disinfection, and RO, further development is going to drive the water & wastewater treatment equipment market during the forecast period 2024-2034.

Growth Drivers:

The growing awareness of water scarcity and the significance of water conservation efforts on capital investments in water reuse, desalination, and wastewater recycling projects leads to such things. The governments, organization and communities prioritize the water conservation projects to resolve the problem of water scarcity. The climbing consciousness of the water shortage promotes the use of water and wastewater treatment equipment for the wise water management.

Urban population growth causes a rise in water consumption for drinking water, sanitation and industry. Urban development projects are primarily focused on the creation of good water infrastructure and treatment facilities to support the increasing need for clean water. Urbanization and industrialization of cities at a fast pace lead to increased water use and discharge of wastewater. The rate of city growth, the population rise and industrialization create a demand for water and wastewater treatment equipment because the municipalities and the industries invest in projects to construct infrastructure.

Governments all over the world are implementing and enforcing stringent regulations to control and safeguard the quality of drinking water. Agencies like the Environmental Protection Agency (EPA) in the United States and the European Union (EU) are by imposing standards for discharge of wastewater. Such regulations necessitate the use of cutting edge water treatment technologies which, eventually, boost the market growth.

Progress in water treatment technologies, including membrane filtration, UV disinfection, and advanced oxidation processes, increases treatment efficiency, reduces operating costs, and improves water quality. The innovation and research activities give rise to the production of better and greener treatment methods. Technical developments stimulate the market growth because they develop methods that are more cost-effective, durable, and eco-friendly for industries and municipalities.

Water & Wastewater Treatment Equipment Segmentation:

By Type

·         Disinfection

o   Chlorine

o   Ultraviolet

o   Ozone

o   Other Disinfections

·         Filtration

o   Granular/Sand Filtration

o   Reverse Osmosis (RO)

o   Microfiltration (MF)

o   Other Types

·         Desalination

·         Sludge Treatment

·         Biological

·         Testing

·         Others

By Process:

·         Primary

·         Secondary

·         Tertiary

By End-User:

·         Municipal

o   Residential

o   Commercial

·         Industrial

o   Pulp & Paper

o   Chemicals

o   Oil & Gas

o   Food & Beverage

o   Others

By Region:

·         North America

·         Europe

·         Asia Pacific

·         Latin America

·         Middle East and Africa

Water & Wastewater Treatment Equipment Market by Type Review:

Based on the type, the water & wastewater treatment equipment market is segmented into seven segments including disinfection, filtration, desalination, sludge treatment, biological, testing, and others. On the basis of type, the filtration segment is expected to dominate the market in terms of market share, while the disinfection segment is predicted to grow at the highest rate in terms of CAGR during the forecast period.

Water & Wastewater Treatment Equipment Market by Process Review:

Based on the process, the market is segmented into primary, secondary, and tertiary. On the basis of process, the tertiary segment is expected to be the largest in terms of market share, while the segment is also predicted to grow at the highest rate in terms of CAGR during the forecast period.

Water & Wastewater Treatment Equipment Market by End-User Review:

Based on the end-user, the market is segmented into municipal, which is further sub-segmented into residential, and commercial, and industrial, which is further sub-segmented into pulp & paper, chemicals, oil & gas, food & beverage, and others. On the basis of end-user, the municipal segment is expected to be the largest in terms of market share, while the industrial segment is predicted to grow at the highest rate in terms of CAGR during the forecast period.

Regional Outlook:

The water & wastewater treatment equipment market research report offers detailed analysis and forecasts for five major regions i.e., North America, Europe, Asia Pacific (APAC), Latin America, and the Middle East & Africa.

The Asia Pacific region is forecasted to dominate the global water & wastewater treatment equipment market followed by North America, Europe, Latin America, and Middle East & Africa during the forecast period 2023-2030.

The Asia-Pacific region is projected to hold the dominant position in the global water & wastewater equipment market with an estimated market share of XX.X% in 2023. The regional water &wastewater treatment equipment market is driven mainly by various factors, such as rapid urbanization, industrialization, population growth, and the environment. Asia-Pacific region has the largest and the fastest growing population, particularly among countries like China and India. This population group stimulates the need for clean water and sanitation facilities, which in turn feeds for the water and wastewater treatment equipment market. Furthermore, microfiltration and ozone treatment technologies which are forecasted to propel the water & wastewater treatment equipment market in the Asia Pacific region during the forecast period 2024-2034.

The market of water and wastewater treatment equipment is booming in the Asia Pacific region because of the fast industrialization, urbanization, population growth and rising environmental consciousness. Countries, such as China, India, Japan and Southeast Asia, are the key driving forces of the regional market growth.

The rise in urbanization and population growth in the Asia Pacific region is hence causing more water need for various domestic, commercial, and industrial uses. As the UNFPA reports, the region represents 60% of the world’s population or 4.3 billion people that bring together the world’s most populous countries, China and India. The call for producing clean and safe water in towns and cities makes people invest in water treatment tools to meet rising demand.

Moreover, innovations that include microfiltration, UV disinfection, ozone treatment, and advanced oxidation processes (AOPs), are also expected to drive market expansion in the region during the forecast period 2024-2034.

North America controls the significant share of the global water and wastewater treatment equipment demand due to strict regulatory standards, technological progress, and strong industrial infrastructure. Rigorous environmental regulations, like the Clean Water Act (CWA) in the US, force the companies to improve treatment solutions requiring high-end technologies which create market demand. Secondly, the region's multifaceted industrial base encompassing manufacturing, pharmaceuticals, and oil and gas sector requires an efficient wastewater treatment process to meet the discharge standards. Additionally, North America has emerged as a leader in technological innovation in the area of membrane filtration, UV disinfection as well as advanced oxidation processes which is expected to fuel the market growth in region during the forecast period 2024-2034.

Key Companies in Water & Wastewater Treatment Equipment Market:

The research report offers a competitive analysis of prominent companies operating in the water & wastewater treatment equipment market. Some of the leading players profiled in the market research report include:

·         Veolia

·         Xylem

·         Ecolab

·         DuPont

·         Pentair

·         3M

·         Aquatech

·         Thermax Limited

·         Culligan Water

·         Calgon Carbon Corporation

·         TORAY INDUSTRIES, INC.

·         Hitachi, Ltd.

·         BWT Holding GmbH

·         Other Players