Water and Wastewater Treatment Equipment Market Overview:
According to a comprehensive research report by Market Research Future (MRFR), “Water and Wastewater Treatment Equipment Market Research Report, Treatment Type, Application and Region - Forecast till 2030” the market size is projected to be worth USD 88.51 Billion by 2030, registering a CAGR of 5.82% during the forecast period (2022 - 2030), The market was valued at USD 63.46 billion in 2022.
COVID-19 Analysis
The COVID-19 pandemic has resulted in an economic shock across the world and has possessed a negative impact on the water and wastewater treatment equipment market. The growth of the market lies in the hands of the end user industries. The uninterrupted function of the industries is crucial for the effective functioning of the wastewater treatment industries. The pandemic has pulled down the investment rates of the water industry. With several industries stopping or postponing their regular production works, the production department, and the investment rates is facing a downfall which has created a massive negative impact on the water treatment industries.
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Key Players
Eminent players profiled in the global water and wastewater treatment equipment industry report include –
- Aquatech International Corporation (U.S.)
- GE Water & Process Technologies (U.S.)
- WPL Limited (U.K.)
- Veolia Water Technologies (France)
- Fluence Corporation Limited (U.S.)
- Calgon Carbon Corporation (U.S.)
- Napier Reid Ltd. (Canada)
- Xylem Inc. (U.S.)
- Corix Water System (Canada)
- Kemira Oyj (Finland).
The worldwide water & wastewater treatment equipment market is fragmented and also competitive for the presence of different international & domestic key players. These players have incorporated innovative strategies to remain at the vanguard and also suffice the burgeoning demand of the customers including collaborations, contracts, partnerships, joint ventures, geographic expansions, & new product launches, and more.
Water and Wastewater Treatment Equipment Market Drivers/ Water and Wastewater Treatment Equipment Market Trends
Growing Concerns about Health Risks to Boost Market Growth
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Water and Wastewater Treatment Equipment Market Opportunities
Growing Adoption in Municipal and Industrial Applications to offer Robust Opportunities
Restraints
High Installation Cost to act as Market Restraint
Challenges
Aging Infrastructure to act as Market Challenge
Market Segmentation
By treatment type, the membrane separation segment will lead the market over the forecast period. Membrane separation is a physical treatment technology where feed water is forced at high pressure through a semi-permeable membrane for separating specific materials from the solution. Membrane separation offers several advantages like minimum operation area and high filtration efficiency over the existing techniques.
By application, the municipal application segment will dominate the market over the forecast period. Growing urban population, favorable government policies focused to promote infrastructure development, and the product demand in the municipal sector particularly in developing markets in Brazil, India, and China.
Regional Analysis
APAC to Precede Water and Wastewater Treatment Equipment Market
Segmentation of Market covered in the research:
Water and Wastewater Treatment Equipment Market Information by Treatment Type (Membrane Separation, Disinfection, Sludge treatment and Others), By Application (Municipal and Industrial) And Region - Forecast to 2028
Browse In-depth Market Research Report (185 pages) on Water and Wastewater Treatment Equipment
https://www.marketresearchfuture.com/reports/water-wastewater-treatment-equipment-market-3960
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