According to a report, “ Water and Wastewater Treatment Equipment Market Size, Share & Trends Analysis Report By Equipment (Membrane Separation, Disinfection, Biological), By Process, By Application, And Segment Forecasts, 2019 – 2025 ”, published by Grand View Research, Inc., The global water and wastewater treatment equipment market size is anticipated to reach USD 38.65 billion by 2025, according to a new report published by Grand View Research, Inc. It is expected to register a CAGR of 3.68% during the forecast period. Growing demand for clean water mainly due to increasing population, rapid urbanization, and infrastructure development across the globe have augmented the growth.
Growing industrial sectors including food and beverages, chemicals, pulp and paper, pharmaceuticals, power, metal and mining, textiles, semiconductors, and oil and gas, results in increase in consumption of clean water which is expected to drive the water and wastewater treatment equipment market.
Further key findings from the report suggest:
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U.S. water and wastewater treatment equipment market revenue is projected to register a CAGR of 1.28% over the forecast period. Membrane separation technology gaining more importance in the region owing to increasing R&D towards microfiltration and ultrafiltration.
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Russia was valued for USD 2.60 billion in 2018 and is projected to have robust growth over the forecast period, owing to implementation of stringent governmental policies and high demand for waste water treatment
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China is anticipated to reach USD 3.84 billion by 2025. In 2018, the country had the major chunk of regional market share. It is the largest population in the world, leading to high demand for energy, fuel, and fresh water; driving the growth
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Some of the major market players include Suez Environment SA; Ecolab Inc.; DowDuPont Inc.; Xylem Inc.; Calgon Carbon Corporation; Pentair Plc.; Veolia Environment SA, and 3M.
On the basis of equipment, the market is segmented into membrane separation, biological, disinfection, and sludge dewatering. In terms of revenue, membrane separation segment was valued at USD 6.16 billion in 2018 and is projected to account for the largest market share over the forecast period.
Based on application, industrial waste segment was valued at USD 21.86 billion in 2018 and is expected to reach USD 28.13 billion over the forecast period. The establishment of new production units in emerging markets including Mexico, Brazil, China, India, Thailand, Saudi Arabia, and Iran is expected to play a key role in increasing the industrial application. Growing population and rapid urbanization are expected to augment fresh water consumption and generation of municipal waste. This factor is projected to propel the demand for water and wastewater treatment equipment in near future.
In terms of process, tertiary treatment segment is expected to reach USD 16.59 billion by 2025 and witnessing robust CAGR over the period of forecast. Growing adoption of technologies such as reverse osmosis, microfiltration, nanofiltration, and disinfection among others for wastewater treatment, in light of their ability to provide reduction in operating expenditure is likely to supplement demand. Primary treatment segment is projected to register the fastest CAGR of 4.29% from 2019 to 2025.
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Application Insights
Municipal waste and industrial waste are the major application segments of the global water and wastewater treatment equipment market. In terms of revenue, industrial waste application held the highest market share of 72.84% in 2018. In terms of revenue, the segment is likely to reach USD 28.13 billion by 2025.
Industrial waste segment has numerous applications for raw and processed water in several industries including chemical, paper and pulp, food and beverages, mining, and refineries among others. Rapid urbanization, technological development, and increasing production units resulting in high demand for fresh and processed water are the key driving factors.
Increasing urban population, investments, and government support to promote infrastructure development is projected to foresee tremendous demand from municipal sectors of developing markets including Brazil, China, India, Turkey, and Saudi Arabia; driving the market growth.
Browse Related Report:
- Membrane Bioreactor Market – The membrane bioreactor market is expected to show significant growth over the forecast period owing rising concerns for the waste water treatment. Various factors including water supply shortages along with growing environmental concerns over industrial sludge disposal are expected to drive membrane bioreactors (MBR) market over the forecast period.
- Water Desalination Equipment Market– Increasing water concerns and usages of aqua resources by rising population is expected to drive the Water Desalination Equipment Market over the forecast period.
Grand View Research has segmented the global water and wastewater treatment equipment market based on equipment, process, application, and region:
Water and Wastewater Treatment Equipment Outlook (Revenue, USD Billion, 2015 – 2025)
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Membrane Separation
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Biological
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Disinfection
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Sludge Dewatering
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Others
Water and Wastewater Treatment Equipment Process Outlook (Revenue, USD Billion, 2015 – 2025)
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Primary Treatment
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Secondary Treatment
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Tertiary Treatment
Water and Wastewater Treatment Equipment Application Outlook (Revenue, USD Billion, 2015 – 2025)
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Municipal Waste
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Industrial Waste
Water and Wastewater Treatment Equipment Regional Outlook (Revenue, USD Billion, 2015 – 2025)
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North America
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U.S.
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Canada
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Europe
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Russia
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Norway
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U.K.
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Asia Pacific
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China
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India
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Australia
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Central & South America
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Brazil
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Argentina
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Venezuela
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Middle East and Africa
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UAE
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Saudi Arabia
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Egypt
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About Grand View Research
Grand View Research provides syndicated as well as customized research reports and consulting services on 46 industries across 25 major countries worldwide. This U.S.-based market research and consulting company is registered in California and headquartered in San Francisco. Comprising over 425 analysts and consultants, the company adds 1200+ market research reports to its extensive database each year. Supported by an interactive market intelligence platform, the team at Grand View Research guides Fortune 500 companies and prominent academic institutes in comprehending the global and regional business environment and carefully identifying future opportunities.
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