Showing posts with label Water Filtration Equipment Market. Show all posts
Showing posts with label Water Filtration Equipment Market. Show all posts

Friday, December 16, 2022

Global Water and Wastewater Treatment Equipment Market is expected to reach USD 75 bn by 2028: Ken Research

The Global Water and Wastewater Treatment Equipment Market was valued at ~US$ 35 billion in 2017. It is estimated to be ~US$ 50 billion in 2022 and is expected to reach a market size of ~US$ 75 billion by 2028 growing with a CAGR of ~7% during 2022 to 2028. Lack of freshwater resources to meet the regular demand of water consumption for usage is likely to drive the market growth.

Global Wastewater Treatment Equipment Market

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Key Growth Drivers

  • Water scarcity i.e. lack of freshwater resources to meet the regular demand of water consumption for public usage drives the growth of the Global Water and Wastewater Treatment Equipment Market.
  • According to UNICEF (United Nations International Children's Emergency Fund) which is an agency of the United Nations that provides humanitarian and developmental aid to children around the globe, stated that “Four billion people — almost two-thirds of the world’s population — experience severe water scarcity for at least one month each year”.
  • The high installation, operational, and maintenance cost of wastewater treatment plants is one of the biggest challenges for the Global Water and Wastewater Treatment Equipment Market.
  • The cost of a wastewater treatment plant directly affects the global Water and Wastewater Treatment Equipment Market as this equipment is majorly installed in wastewater treatment plants such as membrane separation and disinfectants.
  • The COVID-19 pandemic slowed the growth of Global Water and Wastewater Treatment Equipment Market, owing to the shutdown of production activities in various industrial areas including water and wastewater treatment equipment manufacturing units. As a result, production showed a decline in Water and Wastewater Treatment Equipment market.

Key Trends by Market Segment

By Equipment:  The Membrane Separation segment held the largest market share in 2021 of the Global Water and Wastewater Treatment Equipment Market.

  • The growth is primarily as the Membrane Separation process is purely physical and uses less energy in water treatment as compared to other equipment.
  • The Membrane separation equipment follows the process where a membrane is used to separate waste materials from the water thus allowing only clear water to pass from the membrane.

Global Wastewater Treatment Equipment Industry

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By Application: The Industrial segment held the largest market share in 2021, owing to the strict laws for industrial facilities regarding the release of wastewater from their manufacturing units.

  • The Indian Government Water Law of 1974 revised in 2003 stated that the manufacturing industries have to install meters to determine the amount of water used by the Manufacturing unit as well as the industry should include operations, processes, treatment, and disposal systems that use water and generate wastewater.
  • In July 2019, the Municipality of Dubai, the UAE, launched an industrial wastewater treatment plant, which is able to produce 450,000 L of water in 24 hours that can be used for irrigation purposes.

By Process: The Primary Treatment segment accounted for the largest market share in the process segment in 2021.

  • Primary treatment is the first way to for treating water in a wastewater treatment plant, the primary treatment process includes the direct removal of sedimentation and solid waste from the water.
  • It is highly effective and low in cost as the process requires less amount of equipment for water and wastewater treatment. Hence, primary treatment is widely adopted by many industries.

Global water Treatment Equipment Market

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By Geography: Asia Pacific accounted for the largest market share among all regions within the total Global Water and Wastewater Treatment Equipment Market in 2021.

  • The growth is primarily due to the increasing population, rapid urbanization, and several government initiatives to create more water and wastewater treatment plant to deal with water scarcity.
  • In September 2022, SUEZ won a contract of US$ 685 million to design, build and operate (DBO) a 500 MLD capacity Wastewater Treatment Facility in Mumbai, India that will serve a population equivalent to 2.5 million.

Leading Players in Wastewater Treatment Equipment Market

Competitive Landscape

The Global Water and Wastewater Treatment Equipment Market is highly competitive with ~350 players which include globally diversified players, regional players as well as a large number of country-niche players each with their niche in water and wastewater treatment equipment manufacturing. Large global players constitute ~15% of competitors, while country-niche players represent ~50% of competitors. Some of the major players in the market include Aquatech International LLC, Xylem Inc., DuPont, Ecolab Inc., Evoqua Water Technologies LLC, SUEZ, Pentair Plc., 3M, Veolia Water Technologies, United Utilities Group PLC, and among others.

Top Companies in Global Water Treatment Equipment Market

Recent Developments Related to Major Players

  • In January 2022, Veolia Water Technologies deliver a MBBR (Moving Bed Biofilm Reactor) solution to Tokoroa wastewater treatment plant in New Zealand, the MBBR highly effective biological treatment process that used conventional sludge process for wastewater treatment.
  • In March 2017, SUEZ acquired GE Water. The acquisition helped SUEZ to enter into the industrial water and services market, as GE water has a strong presence across the entire industrial water value chain.
  • In September 2017, DuPont merged with Dow chemical company which formed a new combined entity “DowDuPont” which works for three main divisions as Agriculture, Materials Science, and Specialty Products.

Conclusion

The Global Water and Wastewater Treatment Equipment Market are forecasted to continue growing during the forecast period primarily driven by water scarcity. Though the market is highly competitive with ~ 350 participants, few global players control the dominant share and country-niche players also hold a significant share. The market size is estimated to be ~US$ 50 billion in 2022 and is expected to reach a market size of ~US$ 75 billion by 2028 growing with a CAGR of ~7%. Asia-Pacific is the dominating region, owing to the rising population and urbanization.

Note: This is an upcoming/planned report, so the figures quoted here for a market size estimate, forecast, growth, segment share, and competitive landscape are based on initial findings and might vary slightly in the actual report. Also, any required customizations can be covered to the best feasible extent for Pre-booking clients, and the report delivered within a maximum of two working weeks.

Ken Research has recently published report titled, Global Water and Wastewater Treatment Equipment Market Size, Segments, Outlook, and Revenue Forecast 2022-2028. In addition, the report also covers market size and forecasts for the four major regions for Global Water and Wastewater Treatment Equipment Markets. The revenue used to size and forecast the market for each segment is US$ billion.

Market Taxonomy

By Equipment
  • Membrane Separation
  • Biological
  • Disinfection
  • Sludge Dewatering
  • Others
By Application
  • Municipal
  • Industrial
  • Others
By Process
  • Primary Treatment
  • Secondary Treatment
  • Tertiary Treatment
By Geography
  • North America (USA, Canada, Mexico)
  • Europe (Germany, UK, Italy, France, Spain, Rest of Europe)
  • Asia Pacific (China, India, Japan, South Korea, Australia, Indonesia, Rest of Asia Pacific)
  • LAMEA (Latin America, Middle East, Africa)
Key Players
  • Aquatech International LLC
  • Xylem Inc.
  • DuPont
  • Ecolab Inc.
  • Evoqua Water Technologies LLC
  • SUEZ
  • Pentair Plc.
  • 3M
  • Veolia Water Technologies
  • United Utilities Group PLC

 

Thursday, April 7, 2022

Global Reverse Osmosis (RO) Pure Water Equipment Market Share 2021- Industry Analysis, CAGR Status, Future Strategies, Key Manufacturers and Forecast to 2027: Ken Research

According to the report analysis, Global Reverse Osmosis (RO) Pure Water Equipment Industry Research Report 2021 Segmented by Major Market Players, Types, Applications and Countries Forecast to 2027 states that GE Water & Process Technologies, Shenzhen Jiajunxing Technology, Pure Aqua, AMI, SHENZHEN CARRYCLEAN ENVIRONMENTAL PROTECTION, Nimbus, Hunan Zhongwo Water Environmental Protection Technology, Royalstar, Ampac, Shenzhen Hongsen and many more are the key companies which presently working in the global reverse osmosis (RO) pure water equipment market more proficiently for keep maintaining the governing position, leading the highest market growth, registering the great value of market share, obtaining the competitive edge and generating the highest percentage of revenue by spreading the awareness connected to the applications and advantages of reverse osmosis (RO) pure water equipment, establishing the several research and development programs, increasing the features and benefits of reverse osmosis (RO) pure water equipment, decreasing the associated prices of such, delivering the better customer satisfaction, analysing the strategies and policies of government as well as contenders, implementing the policies of profit making and strategies of enlargement and improving the qualitative and quantitative measures of such.

Whereas, the increasing requirement for RO membrane in water & wastewater treatment is propelling the market. In addition, growing water scarcity and evolving government regulations mandating treatment of industrial and municipal wastewater are also propelling the reverse osmosis (RO) pure water equipment market. The growth in demand for industrial process water and growth in urbanization in the emerging economies, such as APAC, Middle East & Africa, and South America, are also propelling the market.

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In addition, in the primary studies gadget, several sources from both the supply and speak to for facets were interviewed to obtain qualitative and quantitative statistics for this file. The chief property from the supply thing encompasses product Company (and their competitors), opinion leaders, agency specialists, research establishments, carriers, dealer and customers, further to the raw substances carriers and producers, and many more.

The number one assets from the require side encompass industry professionals together with commercial enterprise leaders, advertising and income directors, generation and innovation directors, supply chain authorities, stop consumers (product consumers), and associated foremost executives from diverse key corporations and corporations functioning in the global market.

Not only has this, the APAC is projected to be the fastest-increasing the region amongst others in the Water Filtration Equipment Market during the recent years, in terms of value. Growing government initiatives in delivering the water access to all, an augment in the population, and heightened urbanization are propelling the market in APAC. China, Japan, and India are the foremost markets in this region. In addition, enlarging industrial activities, residential & commercial sector growth in countries such as Singapore, China, Malaysia, Thailand, Vietnam, Indonesia, India, and many others, are also propelling the market growth of water & wastewater treatment in the RO membrane industry. Therefore, it is predicted that during the near period the market of reverse osmosis (RO) pure water equipment will develop around the globe more proficiently over the review duration.

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Global Residential Water Purifier Market

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