Water & Wastewater Treatment Equipment Market 2024 – Market Size & Segments Analysis, Industry Trends, Manufacturers Analysis, Opportunities and Forecast 2034
Page: 215 | Report Code: MC240506 | Research Suite: Report (PDF) & Market Data (Excel)
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