The Global Market for Water and Wastewater Treatment Equipment is Projected to Reach US$62 Billion by 2022

Continuous Rise in Demand for Safe Drinking Water Drives the Water & Wastewater Treatment Equipment Market, According to a New Report by Global Industry Analysts, Inc.

GIA launches comprehensive analysis of industry segments, trends, growth drivers, market share, size and demand forecasts on the global Water and Wastewater Treatment Equipment market. The global market for Water and Wastewater Treatment Equipment is projected to reach US$62 billion by 2022, driven by the growing demand for quality potable water from the world’s burgeoning population.

Water is the most essential of all fundamental needs of human life. Reliable access to water is a key requirement for humans and also a critical factor determining industrial success. Globalization, rapid economic development, industrialization, urbanization, pollution, water contamination, unsustainable agricultural methods, growing popularity of water-guzzling bio-fuel farming, water abuse in industrial and manufacturing sectors, short-sighted water policies, poor water conservation and climate change are all factors that are aggravating shortage of water supply across the world. The severe shortage and deteriorating quality of water across several parts of the world is driving the need for water treatment and water conservation technologies. With chronic shortage of freshwater expected to intensify and water quality continuing to deteriorate, particularly in developing economies, the focus is on efficient water treatment technologies. Water treatment equipment is also used for treatment of brackish water, wastewater and seawater, as well as municipal waste, so as to make them useful for drinking purposes and industrial requirements. Demand for high quality water, coupled with stringent regulatory environment will continue to spur demand for water treatment equipment.

Growing global population, rapid industrialization, intensified activity in the agricultural sector and recovery in new commercial and residential construction activity are expected to fuel growth in the market in the coming years. Recovering manufacturing sector in most markets and the upgrade of aging water infrastructure in developed markets including North America and Europe are driving the need for water and wastewater recycling equipment. The growing need for high quality water in industries such as pharmaceuticals and semiconductor coupled with emphasis on water reuse and recycling through programs such as zero liquid discharge will drive penetration of advanced technologies. Growth will also benefit from the focus on water reuse and desalination measures.

As stated by the new market research report on Water and Wastewater Treatment Equipment, Asia-Pacific is the largest and the fastest growing market worldwide. The growth in the region is led by growing population, increase in per capita water consumption, stable manufacturing and industrial climate, unchecked pollution and contamination of ground water and the need to conserve, preserve and optimize scarce water resources. In developed countries, the major market driver is the need to conform to regulations. European Union has one of the most stringent rules in drinking water quality standards and wastewater treatment standards.

Major players covered in the report include 3M Purification Inc., BWT AG, Calgon Carbon Corporation, Culligan International, Dow Water & Process Solutions, Ecolab Inc., GE Water & Process Technologies, Ovivo Inc., H2O Innovation Inc., Hitachi Ltd. Hyflux Ltd., Koch Membrane Systems Inc., Kurita Water Industries, Mitsubishi Rayon Co. Ltd., Nitto Denko Corp., Pall Corporation, Pentair Inc., Suez Environnement S.A., Toray Industries Inc., Veolia Water Solutions & Technologies, and Xylem Inc., among others.

The research report titled “Water and Wastewater Treatment Equipment: A Global Strategic Business Report” announced by Global Industry Analysts Inc., provides a comprehensive review of market trends, issues, drivers, mergers, acquisitions and other strategic industry activities of global companies. The report provides market estimates and projections for all major geographic markets such as US, Canada, Japan, Europe (France, Germany, Italy, UK, Spain, Russia, and Rest of Europe), Asia-Pacific (China, India and Rest of Asia-Pacific), Middle East & Africa and Latin America (Brazil, Mexico and Rest of Latin America). End-use market analyzed include Industrial, Municipal, Residential, and Commercial.


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