Press release
Water Treatment Equipment Market to witness 6% CAGR till 2022 | Key players like Veolia Environment SA, Hyflux, Xylem, Pentair PLC, Degremont Group, GE Power, VA Tech Wabag
water treatment equipment market
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.
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Water Treatment Equipment Market Report, published by Allied Market Research, forecasts that the global market is 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.
Key Findings of Water Treatment Equipment Market:
1. Membranes would be the fastest growing segment during the analysis period.
2. Asia-Pacific is expected to lead the market throughout 2022, growing at a CAGR of 5.8% from 2016 to 2022.
3. LAMEA is expected to be the fastest growing segment.
4. In the year 2015, the municipal application segment generated highest revenue and is expected to maintain its lead.
5. 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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By Type
1. Process Equipment
2. Mud Treatment
3. Filtration Systems & Media
Disinfection
4. Diversions & Screens
5. Meters
6. Membranes
7. Others
Greater efficiency and innovation are considered the primary areas of development for the water and wastewater treatment equipment market. Diminishing freshwater reserves puts additional pressure on governments to meet the cumulative demand for uninterrupted water supply. Different types of instruments are used at different stages of water treatment. Manufacturers are focused on developing innovative and highly effective products to resolve the universal issue of water shortage. Water recycling involves numerous types of equipment and instruments for activities such as the removal of impurities and sediments. Technological advancements to increase the effectiveness of these products and meet end-use requirements can positively affect their future demand.
Water & Wastewater Treatment Equipment Market by Type (Disinfection and Filtration), Technology (Primary, Secondary, and Tertiary) and Application (Municipal and Industrial)-Global Opportunity Analysis and Industry Forecast, 2014-2022
Get More News:
https://www.globenewswire.com/news-release/2021/05/11/2227415/0/en/Clear-Brine-Fluids-Market-Size-to-Reach-1-3-Billion-by-2027-CAGR-3-6-AMR.html
https://www.globenewswire.com/news-release/2021/01/11/2156415/0/en/Ethylene-Carbonate-Market-Size-to-Reach-418-5-Million-by-2027-CAGR-6-0-AMR.html
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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions". AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
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