Vietnam Industrial Water and Waste Water Treatment Market
segmentation by region (North, South and Central), Market Segmentation by
Industry (Power, Food Processing, Textile, Chemical, Paper and Pulp, Oil and
Gas, Pharma and Others) and Company profile of major companies (Van Lang, SEEN
Technologies Corporation, Ecoba ENT, GREE)
·
Strict
implementation of regulations, rising number of CETPs in Industrial complexes/craft
villages and Industrial clusters will drive the future market as many clusters
are still without any water treatment facility or are in poor working
conditions.
·
Many new
industries are expected to be constructed in next few years under investment
drive by Vietnamese government creating additional demand for water treatment.
Analysts
at Ken Research in their latest publication “Vietnam
Industrial Water and Waste Water Treatment Market Outlook to 2022 - By Region
(North, South and Central) and By Industry (Food Processing, Textile, Chemical,
Power, Oil and Gas, Fertilizers and Others)” believe that promoting better
regulations, providing more grants for research, involving participation of private
sector will help in promoting the water treatment industry. New and upcoming
industries with focus on efficiency will promote the use of high end
technologies. Water conservation will remain the key theme for promotion of
Industrial water and waste water treatment industry. Vietnam Industrial water
and water treatment market is expected to register positive CAGR of around 3% 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.
The market for Industrial water and waste treatment is
expected to register growth as it has gained fresh momentum due to enhanced
focus of the government. Demand for industrial water and waste water treatment
industry in Vietnam 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 multiple
investment projects in wastewater treatment to ensure treatment of water before
being discharged. Plans of the government to make Vietnam 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 provinces adjoining Hanoi and Ho Chi
Minh cities have contributed to the growth in water treatment sector. Power and
Textile sector along with agro based food processing is expected to drive the
market in the region.
For more information on the research report, refer to below
link:
Related Reports:
The report will help the
readers to identify the ongoing trends in the industry and anticipated growth
in future depending upon changing industry dynamics in coming years.
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.
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.
Contact Us:
Ken Research
Ankur Gupta, Head
Marketing & Communication
+91-9015378249
