Water Treatment Equipment Market Expected to Boost Value $87,861 Million by 2022

"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."

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.

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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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Top winning strategies

The key players in the global water treatment equipment market are adopting different key business strategies, such as product launch, agreement, acquisition, collaboration, joint venture, and merger to withstand in the global competitive market. The market players profiled in this report are water treatment equipment manufacturers and solution providers who serve the product globally to several end-user industries. The data pertaining to market players and their strategic moves are gathered through press releases of respective companies and various blogs available on the website and primary calls made to the experts in the industry.

The above pie chart represents the percentages split of the strategies adopted by the top companies operating in the global market. Acquisition and agreement are the leading strategies adopted by the key players in this market in order to widen their market reach in water treatment equipment market. Acquisition covers 33% share out of the total number of strategies adopted during 2011-2016. BASF and Degremont group are the leading companies, which have adopted acquisition as their key business strategy.

Veolia Environment SA, Hyflux Ltd., Xylem Inc., Pentair PLC, Degremont Group, GE Power, and VA Tech Wabag are the prominent companies who have adopted several key business strategies to increase their market share in global water treatment equipment market. The companies have employed agreement, acquisition, collaboration, joint venture, and product launch in order to gain competitive advantage in this market. Xylem Inc., and Degremont Group have primarily adopted acquisition as a strategy that helped it to expand its geographic reach and distribute its products in Mexico, Central America, Midwestern United States and Canada.

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Allied Market Research, a market research and advisory company of Allied Analytics LLP, provides business insights and market research reports to large as well as small & medium enterprises. The company assists its clients to strategize business policies and achieve sustainable growth in their respective market domain.

Allied Market Research provides one stop solution from the beginning of data collection to investment advice. The analysts at Allied Market Research dig out factors that help clients to understand the significance and impact of market dynamics. The company amplies client’s insight on the factors, such as strategies, future estimations, growth or fall forecasting, opportunity analysis, and consumer surveys among others. As follows, the company offers consistent business intelligent support to aid the clients to turn into prominent business firm.

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