Water & Wastewater Treatment Equipment Market worth 33.22 Billion USD by 2022


Posted June 25, 2018 by abhijeetw1

The water & wastewater treatment equipment market is estimated to be USD 24.62 Billion in 2017 and is projected to reach USD 33.22 Billion by 2022, at a CAGR of 6.2% from 2017 to 2022.

 
The water & wastewater treatment equipment market is estimated to be USD 24.62 Billion in 2017 and is projected to reach USD 33.22 Billion by 2022, at a CAGR of 6.2% from 2017 to 2022. The increasing demand from municipal and industrial applications is expected to drive the growth of the water & wastewater treatment equipment market during the forecast period.

The water & wastewater treatment equipment market has been segmented on the basis of product type into filtration, disinfection, desalination, and testing. Among these, the desalination segment is projected to grow at the highest CAGR during the forecast period. The growth of this segment can be attributed to the scarcity of freshwater resources which in turn increases demand for seawater desalination processes. Thermal desalination is used on a large scale in the Middle East region owing to the sufficient supply of energy, which is usually required to a large extent.

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On the basis application, the water & wastewater treatment equipment market has been segmented into municipal and industrial. The municipal application segment is projected to lead the water & wastewater treatment equipment market during the forecast period. The growth of this segment can be attributed to the increasing use of water & wastewater treatment equipment in residential and non-residential applications. The municipal application is also projected to grow at the highest CAGR between 2017 and 2022. The increasing demand for treated water from municipalities and various regulations governing the industrial wastewater discharge propel the growth of the water & wastewater treatment equipment market.

Based on product type, the desalination equipment segment is projected to grow at the highest CAGR during the forecast period

The water & wastewater treatment equipment market has been segmented on the basis of product type into filtration, disinfection, desalination, and testing. The filtration equipment segment accounted for the largest share of the water & wastewater treatment equipment market in 2016, whereas the desalination segment is projected to grow at the highest CAGR during the forecast period. The scarcity of fresh water, increasing wastewater reuse, and need for higher quality process water across various industrial sectors are propelling the demand for water desalination equipment around the globe. Growth in the desalination segment will ultimately drive the water & wastewater treatment equipment market.

The municipal application segment is projected to grow at the highest CAGR between 2017 and 2022

Based on application, the municipal segment accounted for the largest share of the water & wastewater treatment equipment market in 2016. Water & wastewater treatment equipment is extensively used in residential and non-residential applications. Municipalities treat water to meet the growing demand for potable water. The sources of water for municipal purposes are lakes, rivers, underground wells, and others. Water from these sources is often polluted and contains a large amount of stain-producing dissolved iron and manganese. To treat these pollutants, the water & wastewater treatment equipment is employed. The type of water treatment depends on the application and the required water purity. Thus, the increased demand from municipalities for treated water coupled with stringent regulations for water treatment is expected to supplement the growth of water & wastewater treatment equipment during the forecast period.

The objectives of this study are:

To define, describe, and analyze the water & wastewater treatment equipment market on the basis of product type, application, and region
To forecast and analyze the size of the water & wastewater treatment equipment market (in terms of value) in six key regions, namely, Asia Pacific, Western Europe, Central & Eastern Europe, North America, the Middle East & Africa, and South America
To forecast and analyze the water & wastewater treatment equipment market at country-level in each region
To strategically analyze each submarket with respect to individual growth trends and its contribution to the water & wastewater treatment equipment market
To analyze opportunities in the water & wastewater treatment equipment market for stakeholders by identifying high-growth segments of the market
To identify significant market trends and factors driving or inhibiting the growth of the water & wastewater treatment equipment market and its submarkets
To analyze competitive developments such as expansions, joint ventures, new products launches, and acquisitions in the water & wastewater treatment equipment market
To strategically profile key players in the water & wastewater treatment equipment market and comprehensively analyze their growth strategies
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Target audience for the water & wastewater treatment equipment market report are as follows:

Manufacturers of Water & Wastewater Treatment Equipment
Suppliers of Water & Wastewater Treatment Equipment
Component Suppliers
Service Providers
Municipal and Industrial End Users
Government Bodies
Water & Wastewater Treatment Equipment Market, by Product Type:

Disinfection {Chlorine, UV (Ultraviolet), Ozone, and Others}
Filtration {Granular/Sand Filtration, Adsorption, RO (Reverse Osmosis), MF (Microfiltration), and Others (Ultrafiltration and Nanofiltration)}
Desalination
Testing


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Issued By MarketsandMarkets
Country United States
Categories Business , Industry , Manufacturing
Tags water wastewater treatment equipment , water wastewater treatment equipment market
Last Updated June 25, 2018