Packaged Water Treatment System Market Size, Share, Competitive Landscape and Trend Analysis Report by Technology and by Application : Global Opportunity Analysis and Industry Forecast, 2023-2032

COVID-19 Impact Analysis

• The COVID-19 pandemic impacted the packaged water treatment system market and caused a decline in the market growth.
• Industries were all shutdown down due to the lockdown imposed by the governments to prevent the spread of the virus, which caused a direct impact on the growth of the packaged water treatment system market.
• The supply chain was interrupted and the availability of raw material was hindered due to the restriction on movement of material. This had a negative impact on the market growth of packaged water treatment system.
• No new investment and development were done during the pandemic as economy of countries declined during this time.
• The demand from industries declined as industries could not run at a full capacity even after reopening, post the relaxation given in the lockdown restriction. This was due to non-availability of labor force and raw materials.
• The upliftment of lockdown restriction and the running of industries at full capacity has now helped the market for packaged water treatment system to grow at a rapid pace. 

Top Impacting Factors

The market is projected to develop as the amount of water contamination rises and people become more concerned. Other factors such as fast urbanization and industrialization, strong environmental norms and regulations, the increase in importance of packaged water and wastewater treatment, and improvement in people's living standards are likely to boost the packaged water treatment system market. Market growth would be influenced in the long run by the rise in awareness in emerging countries such as India, China, and South Africa, as well as global population expansion. As the world's population grows, so will the demand for clean water, which is expected to drive up demand for packaged water treatment systems. To fulfil the rise in need for clean water, it is expected that recycling water and treating water from a variety of water bodies such as lakes, rivers, and seas become increasingly important. However, the high cost of packaged water treatment systems, as well as a scarcity of skilled and trained professionals, the rise in demand for eco-friendly formulations, the rise in prevalence of fresh water, and an insecure market for packaged water treatment systems, are expected to restrain market growth during the forecast period. Furthermore, the lack of useable water in developing countries is expected to provide a chance for the business to expand. 

Market Trends

• Scientists at National Aeronautics and Space Administration (NASA) Johnson Space Center devised the acoustic nanotube technology on 8th August 2012. It directs water through small-diameter carbon nanotubes using acoustics rather than pressure. The system uses an acoustically driven molecular screen containing carbon nanotubes that allows water molecules to pass through while inhibiting bigger molecules and impurities. It uses less energy than standard filtration systems and instead of eliminating impurities from water, it propels water away from them. The technique also eliminates the requirement for the filter system to be flushed. 
• Nanotechnology encompasses a variety of methods and technologies for manipulating materials at the atomic or molecular level. When compared to traditional water filtration procedures, nanotech-based water purification processes are thought to be modular, highly efficient, and cost-effective.  The increase in surface-to-volume ratio of nanoparticles increases chemical and biological particle adsorption while allowing pollutants to be separated at very low concentrations. For the removal of metallic contaminants from water, nano adsorbents have special physical and chemical properties. 
• Automated Variable Filtration (AVF) technology is based on a simple mechanism, in which downward flow of filter media cleans upward flow of influent. It removes the requirement for any further filter media cleaning method or freshwater. The AVF approach uses a configurable array of continually cleaned descending bed filters. The system's two-stage architecture includes two sets of media filters that can operate in serial or parallel mode. 
• Aquaporin Inside TM technology is based on a bio-mimetic water treatment membrane design developed by Aquaporin, a Danish cleantech business. Aquaporins are proteins that allow water to pass quickly and selectively across the cell membrane. The unique geometry of the aquaporin channel allows water molecules to pass through while blocking all other substances. The creation of artificial bio-mimetic membrane systems is also based on natural bio-mimetic membranes. The technology is employed in water filtration and purification systems in both industrial and residential settings. 

Key Benefits of Report

• This study presents the analytical depiction of the packaged water treatment system market along with the current trends and future estimations to determine the imminent investment pockets.
• The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the packaged water treatment system market share.
• The current market is quantitatively analyzed to highlight the packaged water treatment system market growth scenario.
• Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market. 
• The report provides a detailed packaged water treatment system market analysis based on competitive intensity and how the competition will take shape in coming years