TOKYO, Nov. 30, 2022 (GLOBE NEWSWIRE) — The Global Water and Wastewater Treatment Equipment Market The size accounted for USD 32.7 billion in 2021 and is expected to occupy a market size of USD 52.2 billion by 2030, growing at a CAGR of 5.4% from 2022 to 2030.
Water and Wastewater Treatment Equipment Market Statistics
- The global water and wastewater treatment equipment market value was USD 32.7 billion in 2021 and is expected to grow at a CAGR of 5.4% from 2022 to 2030
- The Asia-Pacific water and wastewater treatment equipment market share will reach around $10.7 billion in market share in the coming years
- Europe Water & Wastewater Treatment Equipment Market growth recorded a considerable CAGR of 6% over the projected years 2022 to 2030
- Among equipment, the membrane separation sub-segment generated USD 6.5 billion in revenue in 2021
- Based on applications, municipalities recorded 64% market share in 2021
- Rise in government initiatives for water conservation is a key water and wastewater treatment equipment market trend fueling industry growth
Water and Wastewater Treatment Equipment Market Growth Factors
- Growing trend of water recycling
- Shortage of fresh water sources
- Growing demand for environmentally friendly water treatment technologies
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Water & Wastewater Treatment Equipment Market Coverage:
| Market | Water and Wastewater Treatment Equipment Market | |
| Water and Wastewater Treatment Equipment Market Size 2021 | $32.7 billion | |
| Water and Wastewater Treatment Equipment Market Forecast 2030 | $52.2 billion | |
| Water and Wastewater Treatment Equipment Market CAGR from 2022 to 2030 | 5.4% | |
| Water and Wastewater Treatment Equipment Market Analysis period | 2018 – 2030 | |
| Water and Wastewater Treatment Equipment Market Year of reference | 2021 | |
| Water and Wastewater Treatment Equipment Market Forecast data | 2022 – 2030 | |
| Segments Covered | By equipment, by process, by application and by geography | |
| Water and Wastewater Treatment Equipment Market Regional scope | North America, Europe, Asia-Pacific, Latin America, Middle East and Africa | |
| Profiled Key Companies | Veolia Environment SA; Suez Environment SA; Xylem Inc.; DowDuPont Inc; Evoke Water Technologies.; Ecolab Inc.; Aquatech International; Pentair Plc. ; Calgon Carbon Corporation; and 3M. | |
| Report cover | Market Trends, Drivers, Restraints, Competitive Analysis, Player Profiling, Regulatory Analysis | |
Water and Wastewater Treatment Equipment Market Dynamics
Growing concerns over side effects, synthetic concoctions, and contaminants in source water and wastewater, combined with stringent manufacturing requirements for treated water, are driving the market. Additionally, advances in water and wastewater treatment are a critical advancement in the oil and gas industry, given the hazardous influx of synthetics and other contaminants during the process. ‘extraction. Additionally, in the mining industry, water treatment technologies such as rotational assimilation are widely used as they basically help in water desalination, providing pure and clean drinking water to miners. The assimilation of switches is extremely beneficial in the reuse of water used in the mining industry, which is only useful for applications such as metal sludge forms.
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Segmentation of the water and wastewater treatment equipment market
The water and wastewater treatment equipment market is divided into technology, application and process. Based on equipment, the market is divided into membrane separation, disinfection, biological, and sludge dewatering. The application segment is further divided into municipal waste and industrial waste. By process, the market is categorized into primary treatment, secondary treatment, and tertiary treatment.
Water & Wastewater Treatment Equipment Market Share
In terms of revenue, the membrane separation segment was valued at over USD 8 billion in 2021 and is expected to account for the lion’s share of the entire industry over the forecast period. The industrial waste segment was valued at USD 11.4 billion in 2018 and is expected to exceed USD 18.2 billion during the forecast period. The establishment of new manufacturing units in emerging markets such as Brazil, China, Mexico, Thailand, Saudi Arabia and Iran is expected to play an important role in increasing industrial applications. Population growth and rapid urbanization are expected to increase freshwater consumption and municipal waste generation. This factor is expected to drive future demand for water and wastewater treatment equipment. Growing population and rapid urbanization are expected to increase new water use and the age of urban waste. This factor is expected to change the mandate of water and wastewater treatment equipment in the near future.
According to the process, tertiary treatment holds the majority of the share in 2021 because it improves the quality of effluents before they are recycled or discharged into the environment. However, secondary processing is expected to experience a notable CAGR between 2022 and 2030.
Regional scenario of the Water and Wastewater Treatment Equipment market
Strict standards to play a crucial role in APAC and developed regions
Rapid removal of sewage from industrial areas is expected to boost the Asia-Pacific market. Compact water scarcity combined with rapid industrialization in emerging countries such as Japan, China, and India are various factors driving the APAC market. Japan’s strict water treatment standards and guidelines are expected to completely guide water and wastewater treatment equipment in the region. Japan focused on successful water management frameworks and progress in water saving, including methods to reduce the rate of water discharge into local use and advance water conservation. modern water reuse. China, Singapore, and India are also investing in industrial and municipal wastewater treatment divisions, which is driving the water and wastewater treatment equipment market in Asia Pacific. Korea, for example, is focusing on expanding the use of the drinking water treatment solution to improve assets and deliver high-quality water to the people. Filtration equipment, such as compact tabletop filters, is expected to gain popularity in municipal applications, prompting improvements in industry-specific water and wastewater treatment equipment.
With increasing water shortages and epidemics such as cholera, the MEA water and wastewater treatment equipment market is expected to show attractive growth. Due to stringent standards for industrial wastewater discharges into water bodies, North America and Europe are expected to experience increased demand for water and wastewater treatment equipment. Additionally, increasing gas exploration activities and growing interest in industrial water reuse are driving the North American water and wastewater treatment equipment market.
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Water and Wastewater Treatment Equipment Market Players
Company profiles of key market players include key business strategies, company overviews, and revenue. 3M, Aquatech International, Calgon Carbon Corporation, DowDuPont Inc., Evoque Water Technologies., Ecolab Inc., Pentair Plc., Veolia Environnement SA, Suez Environnement SA and Xylem Inc. are among the major players in the industry.
Questions this report answers
- What was the market size of Water & Wastewater Treatment Equipment Market in 2021?
- What will be the CAGR of the Water & Wastewater Treatment Equipment Market during the forecast period from 2022 to 2030?
- Who are the key players in the global water and wastewater treatment equipment market?
- Which region held the largest Water and Wastewater Treatment Equipment market share in 2021?
- What are the key drivers of the Water and Wastewater Treatment Equipment market?
- Who is the largest end user in the water and wastewater treatment equipment market?
- What will be the value of the water and wastewater treatment equipment market in 2030?
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