Future Market Insights
Growing population and industrialization are raising the demand for treated water across the globe, and is projected to enlarge the market growth over the forecast period. Industrial wastewater is the major cause of water pollution. The wastewater diffused in the water bodies result of worst effect on human life, creates serious pollution issues and hazardous effects on the ecosystem. Considering these factors, the treatment equipment is designed, particularly for effluent produced. Water treatment equipment removes impurity from water bodies. Moreover, in order to prevent groundwater diminution, wastewater is treated for reuse and for other purposes. The biological equipment segment is expected to significant growth, particularly in municipal application, due to increasing water infrastructure in the emerging countries, such as India, China and South Africa. Furthermore, flexibility, low operational cost, high aquatic environment remains the prime focus of the key manufacturers in the market. Over the past few years, the water and wastewater treatment equipment market have gained significant attraction in the global market as it is highly effective for the ecosystem and human life and is energy efficient. The future stance for the global water and wastewater treatment equipment market is expected to continue positively and the market is predicted to witness double-digit CAGR growth over the forecast period. Furthermore, GE Water & Process Technologies have expanded its water and wastewater treatment equipment facility in various countries, such as China.
Water and Wastewater Treatment Equipment Market: Dynamics
The Ontario Ministry of the Environment (MOE) has set a standard for clean water, which is triggering the global water and wastewater treatment equipment market. Furthermore, spiraling demand for high-quality potable water owning to overpopulation is accelerating the global water and wastewater treatment equipment market during the forecast period.
Increasing operational cost may hinder the global water and wastewater equipment market during the forecast period.
Membrane technology is used for industrial and municipal wastewater treatment while thermal technology is used for high level of wastewater treatment, by this technology zero liquid discharge conditions can be achieved.
Water and Wastewater Treatment Equipment Market: Segmentation
The global water and wastewater treatment equipment market can be segmented on the basis of Product type:
The global water and wastewater treatment equipment market can be segmented on the basis of Technology:
The global water and wastewater treatment equipment market can be segmented on the basis of Application:
Water and Wastewater Treatment Equipment Market: Key Participants
Examples of some of the key participants of the global water and waste water treatment equipment market are:
Aquatech International Corporation
GDF SUEZ S.A.
GE Water & Process Technologies
Veolia Environnment SA
BowRio Water Technologies Inc.
Hartwell Environmental Corp.
Gulf States Engineering Co.
JCI Industries Inc.
eda Environmental Ltd.
Water and Wastewater Treatment Equipment Market: Region-wise Outlook
It is projected that Asia-Pacific may dominate the global water and wastewater treatment equipment market during the forecast period owing to high revenue share in this market. Countries such as India, China and Singapore are expected to leverage the industry development over the forecast period due to high rate of industrialization, population explosion and rising investment in the industrial and municipal wastewater treatment sectors. Furthermore, countries such as the U.S. in North America is the second-largest consumer of wastewater treatment equipment owning to increasing gas exploration activities as well high demand for industrial water reuse. Central and South America are increasing the market with high growth rate, particularly in the municipal sector with increasing issues, such as faecal disposal, poor sanitation in the region. On the other hand, it is expected that Europe has sluggish growth in the market, whereas research & development activities, such as wastewater treatment nanotechnologies, are accelerating the market in France, Germany and the U.K.
MRR.BIZ has been compiled in-depth market research data in the report after exhaustive primary and secondary research. Our team of able experienced in-house analysts has collated the information through personal interviews and study of industry databases, journals, and reputable paid sources.
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