Showing posts with label Number of ETPs in Malaysia. Show all posts
Showing posts with label Number of ETPs in Malaysia. Show all posts

Wednesday, May 16, 2018

Malaysia Industrial Water and Waste Water Treatment Market is Expected to Reach over USD 700 Million by 2022: Ken Research

Malaysia Industrial Water and Waste Water Treatment Market segmentation by region (North, Kuala Lumpur, South and East, and Sabah and Sarawak) and By Industry (Agriculture and Food, Palm Oil, Oil and Gas, Electronics, and others, Company profile of major companies (Salcon Berhad, Taliworks Group Sdn, Darco Water Treatment, Britech Engineering)

Analysts at Ken Research in their latest publication Malaysia Industrial Water and Waste Water Treatment Market Outlook to 2022 - By Region (North, Kuala Lumpur, South and East, and Sabah and Sarawak) and By Industry (Agriculture and Food, Palm Oil, Oil and Gas, Electronics, and Others)” believe that stimulative and compliance driven regulations, providing more grants for research, involving participation of SMEs and increasing privatization will help in promoting the water treatment industry. New and upcoming industries with focus on efficiency will promote the use of high end water treatment technologies. Water conservation will remain the key theme for promotion of Industrial water and waste water treatment industry. 
  • Ultra Filtration and Reverse Osmosis based desalination are the most prominent technological advancements poised to gain demand and popularity in the upcoming years.
  • Many new projects are expected to be constructed in next few years under the 11th Malaysia program creating additional demand for water treatment.
  • Increased foreign investment combined with an increasing demand for products dominated by Malaysia, more specifically palm oil, electronics and rubber have led to an exponential increase in the demand for treated water and hence for industrial water treatment.
Industrial water and waste treatment market is expected to register a consistent above average growth as it has gained fresh momentum due to enhanced focus of the government. Demand for industrial water and waste water treatment industry in Malaysia will be largely driven by increased concern for environment and lack of good quality water for industrial uses. The rivers are polluted and water must be treated before putting it to any use. Similarly discharging effluent in the open creates a lot of problem in the surrounding areas which has long term health impact prompting local to protest against setting up industries. The government also has shown its concern and has announced projects such as Pantai 2 which is the largest sewage treatment facility in the Asia pacific region to ensure adequate treatment of water before being discharged. Plans of the government to further make Malaysia a manufacturing hub will further boost the demand for water treatment plants in new and upcoming industries. Expansion of current capacity and upgradation of existing facilities with better, improved and efficient system will further boost the market.

Southern part of the country is fast emerging as the major destination for industrial water and waste water treatment industry. Upcoming manufacturing unit and increased participation of the private sector in developing manufacturing capacity in states of Johor, Sabah, Sarawak and Kuala Lumpur. Palm Oil Industry and evolving Electronics sector along with agro based food processing is expected to drive the market in the region. Application of RO in Pharma will be another sector will act as tailwind for demand of high value projects.

Malaysia Industrial water and water treatment market is expected to register positive CAGR of around 6% during the period 2017-2022. Commitment conserve the environment and rising awareness about benefits of water treatment for society as whole are expected to have positive impact on the demand.

For more information on the research report, refer to below link:
https://www.kenresearch.com/energy-and-utilities/clean-technology/mayalsia-industrial-water-wastewater-treatment-market/149104-103.html

Related Reports:
https://www.kenresearch.com/manufacturing-and-construction/machinery-and-parts/indonesia-pumps-market-report/83202-97.html
Centrifugal pumps will continue to witness higher sales in the future as a result of its lower price as compared to positive displacement pumps

https://www.kenresearch.com/energy-and-utilities/clean-technology/asia-pacific-wastewater-treatment-management-market-research-report/482-103.html
India is expected to observe remarkable progress in the field and is expected to grow with a phenomenal CAGR of 12.7% over the period of 2013-2018

https://www.kenresearch.com/energy-and-utilities/clean-technology/india-industrial-wastewater-treatment-market/144546-103.html
The report is useful for equipment manufacturers, water treatment consumable manufacturers and suppliers, environmental associations, EPC companies and potential entrants and other stakeholders to align their market centric strategies

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