Water Treatment Technology Market size is forecast to reach $40 billion by 2025, after growing at a CAGR of 10.4% during 2020-2025. With rise in the consumption of Ultra-Low-Sulfur Diesel (ULSD), the Water Treatment Technology market is witnessing an increase in demand, as ULSD requires a higher concentration of additives. Growing public interest towards sustainable and environment-friendly products will further enhance the overall market demand for Water Treatment Technology during the forecast period.

Key Takeaways

Asia-Pacific dominates the Water Treatment Technology market owing to the increasing demand of more & more water purifiers.

Water treatment technology deals with the removal of impurities present in water during its use or storage and convert it into usable form, which is likely to aid in the market growth of Water Treatment.

Stringent government regulations over industrial and municipal waste water disposal drive growth of water treatment technology market in the recycle and reuse procedures will increase the market demand for Water Treatment Technology in the near future.

Impact of Covid19, will create hurdles for the Water Treatment Technology market.

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Geography - Segment Analysis

Water purifier industry have gained increased popularity among residential users, due to deteriorating water quality, rise in urbanization, and surge in incidence of waterborne diseases. Moreover, retail stores have the added advantage of immediate gratification, which further boosts its popularity. In addition, the demand for water purification systems in developing countries is fueled by increase in availability of safe water by municipalities and upsurge in the number of water recycling treatments.

Drivers – Water Treatment Technology Market

Implementation of Stringent Governments’ Regulations

R&D activities in water treatment technology sector

Market Landscape

Technology launches, acquisitions and R&D activities are key strategies adopted by players in the Water Treatment Technology market. Major players in the Water Treatment Technology Market are Aecom, Aquatech, Ashland Inc, Basf Se, Dow Water Process Solution, E. I. Veolia Water Technology De Nemours And Company, Evoqua Water Technology, among others.

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