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Water Treatment Equipment Market Is Expected to Reach $87,861 Million, Globally, by 2022

 
 

quote In the year 2015, the process equipment segment occupied around one-fourth of the overall water treatment equipment market, and is expected to maintain its lead throughout the analysis period. This type of equipment comprises bar screens, grit traps, grit pumps, clarifiers, sand filters, tank baffles, and filter presses. Majority of the equipment used in the treatment industry belong to this category, and are extensively used for industrial effluent management. Major drivers of this market include increasing investment across different industries, growing industrialization, rising safe water usage, development of advanced sludge management program, and with stringent government regulations on the industrial effluents across different economies. quote

Shiv Shukla

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Water Treatment Equipment Market Report, published by Allied Market Research, forecasts that the global market is expected to garner $87,861 million by 2022, registering a CAGR of 6.0% during the period 2016-2022. The mud treatment and process equipment segment collectively held about two-fifths of the total market in 2015.

Water treatment is done by collecting and processing water to achieve the desired properties of suspended matters. Hence, based on the raw & desired quality of water, treatment methods, number of stages, and equipment involved in different processes may differ significantly. The commonly used equipment in most of the treatment methods are process equipment, mud treatment, filtration systems & media, disinfection, meters, and membranes. The market for such equipment has increased tremendously over the past few years owing to increasing water consumption coupled with rising awareness to consume safe water. However, factors that hamper market growth are high equipment and operational costs.

Key Findings of Water Treatment Equipment Market:

  • Membranes would be the fastest growing segment during the analysis period.
  • Asia-Pacific is expected to lead the market throughout 2022, growing at a CAGR of 5.8% from 2016 to 2022.
  • LAMEA is expected to be the fastest growing segment.
  • In the year 2015, the municipal application segment generated highest revenue and is expected to maintain its lead.
  • U.S. would continue to lead the global water treatment equipment market throughout the forecast period.

In the year 2015, Asia-Pacific and Europe collectively accounted for more than half of the total water treatment equipment market and are expected to maintain their lead position throughout the forecast period. The major companies profiled in the report include Best Water Technology (BWT) Ag, Ecolab Inc., Ge Water & Process Technologies, Hyflux Ltd, Pentair Plc., Va Tech Wabag Ltd., Veolia Environment S.A., Xylem Inc., Suez Environment S.A., and Saur SAS.

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quote Water Treatment Equipment Market by Type (Meters, Disinfection, Membranes, Process Equipment, Mud Treatment) and End User (Industrial, Municipal) - Global Opportunity Analysis and Industry Forecast, 2014 - 2022 quote

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