The GMI Research speculates that the Water & Wastewater Treatment Equipment Market will perceive growth in demand over the forecast period. This is mainly because of the ongoing technological developments, augmenting demand to upgrade existing infrastructural facilities, and accelerating urban population.
Introduction of the Water & Wastewater Treatment Equipment Market
Water and wastewater management refers to the procedure to eradicate the impurities from wastewater or water before the unsettled pollutant is discharged back to the water cycle with a competent influence on the environment. Its prime emphasis is to safeguard and clean water.
Key Players of Market:
- DuPont
- SUEZ
- Veolia
- Xylem
- Aquatech International LLC
- Evoqua Water Technologies LLC
- Ecolab
- Pentair
- 3M
- Calgon Carbon Corporation
Water & Wastewater Treatment Equipment Market Dynamics
The draining freshwater resources and shortage of water, aggravating demand for clean water for several local and commercial uses, are elevating the growth of the global water and wastewater treatment equipment market. Also, in accordance with UNICEF, nearly 2.2 billion people had an inadequate approach to safe sanitation services. Further, the rigorous governmental norms concentrating on water & wastewater treatment, along with the growing apprehension towards the environment among individuals, stimulated the market growth. For example, Safe Drinking Water Act (SDWA), a key federal law, validates the condition of drinking water of Americans. This law allows the United States Environmental Protection Agency (US EPA) to lay down national health norms for drinking water to evade the fabricated and naturally occurring pollutants found in the drinking water.
Water & Wastewater Treatment Equipment
Besides this, the mounting research and development activities, as well as the persistent technological innovations, are other factors responsible for the market growth. For instance, the implementation of anaerobic ammonia oxidation as an energy-effective process for removing nitrogen removal for the pretested municipal wastewater contributes to the market growth. However, the inflated installation and operational cost and inadequate infrastructure to store and distribute water across emerging economies have restrained the Water and Wastewater Treatment Equipment Market Size.
Product Type Segment Drivers
Based on the product type, desalination is expected to witness higher growth over the coming years. The degenerating water quality and resources and the augmenting chances to reprocess water for several purposes are bolstering the market growth. In addition to this, their enormous benefits product, including their potential to serve the water quality norm and provide drinking water across the area without a natural supply of freshwater, has supplemented the Global water and wastewater treatment equipment market size.
Regional Drivers
Based on the regional coverage, Asia-Pacific is contemplated to dominate the market because of the surging investment and escalating population in China as a result of the increase in wastewater discharge from the industries. Further, the Water & Wastewater Treatment Equipment Market Research states that the swift up-gradation in industrial activities has complemented the demand for clean water, which has fuelled the market growth.
Water & Wastewater Treatment Equipment Market Segmentation:
Segmentation by Product Type
- Disinfection
- Filtration
- Desalination
- Adsorption
- Testing
- Others
Segmentation by Equipment
- Membrane Separation
- Disinfection
- Biological
- Sludge Treatment
- Others
Segmentation by Application
- Municipal
- Industrial
Segmentation by Region:
- Europe
- United Kingdom
- Germany
- France
- Spain
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- Rest of APAC
- North America
- United States of America
- Canada
- RoW
- UAE
- Brazil
- South Africa
- Saudi Arabia
About GMI Research
GMI Research proffers business discernment and market research reports to assist the clients understand the effect of several dynamics. Our team of experts carry out market intelligence studies to certify fact-based research reaches across every business company. We gather to the point information to abridge our clients with challenges approaching in different industries. We provide by fits and starts assistance to our client via consulting services to attain an actionable decision.