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Wastewater Treatment Equipment Market Report 2019: Where Will the Market Go Next

Author : Ronak Bora | Published Date : 2019-04-08 

Global Market Insights, Inc. presents an extensive report on Wastewater treatment equipment market that offers qualitative information about prevailing trends and a detailed analysis of the growth trajectory of this industry. It also includes a study of the historical data and detailed statistics that will help determine the future scope of the industry in terms of commercialization opportunities.

Wastewater treatment equipment market share is comprised of Ashland Water Technologies, Aquatech International Corporation, Danaher Corporation, Degremont SAS, Kemira OYJ, GDF SUEZ S.A., GE Water & Process Technologies, The Dow Chemical Company, Veolia Environment SA, and Xylem Inc. Companies focus on improving their presence through acquisitions & collaborations in potential regions and increasing price competency to maintain their market position. Investing on supply chain process in order to expand their end-user base is likely to be a key strategy.

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Raw and processed water is used in several applications including cooling, washing, and processing in various manufacturing industries such as pulp & paper, pharmaceuticals, chemicals, power, metal & mining, semiconductors, textiles, oil & gas. Fast growth in these industries is leading towards more water pollution. Increasing contamination due to rapid industrialization coupled with scarce resources has lead to strict government regulations, which is expected to be among the key driving factors for the wastewater treatment equipment market.

On the basis of technology, wastewater treatment equipment market equipment can be categorized into disinfection, desalination, filtration, and testing. Disinfection technology is used for water purification in order to eliminate pathogenic microorganisms and limit waterborne diseases and in its distribution. Increasing popularity of ultraviolet (UV) disinfection over chlorination owing to its efficiency and cost-effective nature is likely to propel demand for UV.

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Desalination is a process to remove salt from saline water from sources such as river and sea in order to make it for direct and indirect consumption. As of 2015, there were over 17,000 desalination plants globally. Increasing energy-efficient processes trend is likely to create opportunities for hybrid & solar desalination. Filtration equipment used for municipal & industrial applications are available in a wide range, including table top portable filters to scale up specific systems as per the wastewater treatment equipment market requirements.

Wastewater treatment equipment market was worth over USD 35 billion in 2015, and is expected to reach more than USD 55 billion by 2023, growing at a CAGR of more than 6% from 2016 to 2023. Asia Pacific was the major contributor and is anticipated to grow at a high rate owing to large population size, potable water scarcity, and rapid industrialization in countries such as India, Japan, and China. U.S. wastewater treatment equipment industry size is likely to witness significant growth due to stringent water regulations and increasing water recycling & reusing trend.

Browse Full Report: https://www.gminsights.com/industry-analysis/wastewater-treatment-equipment-market

Other key participants in wastewater treatment equipment market include Doosan Heavy Industries & Co., Ion Exchange Ltd, Thermo Fisher Scientific Inc, Accepta Ltd, and Palintest Ltd.

About Author

Ronak Bora

Ronak Bora

A graduate in Electronics Engineering, Ronak writes for Fractovia.org and carries a rich experience in digital marketing, exploring how the online world works from a technical and marketing perspective. His other areas of interest include reading, music, and sport. He can be contacted at- [email protected] | https://twitter.com/RonakBora26

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