Global Water and Wastewater Treatment Equipment market revenue to reach US$ 75 Bn by 2028: Ken Research

Global Water And Wastewater Treatment Equipment Market By Geography

The Global Water and Wastewater Treatment Equipment market is segmented by geography into North America, Europe, Asia- pacific and LAMEA.

Asia Pacific accounted for the largest market share among all regions within the total Global Water and Wastewater Treatment Equipment Market in 2021.

The growth is primarily due to the increasing population, rapid urbanization, and several government initiatives to create more water and wastewater treatment plant to deal with water scarcity.

In September 2022, SUEZ won a contract of US$ 685 million to design, build and operate (DBO) a 500 MLD capacity Wastewater Treatment Facility in Mumbai, India that will serve a population equivalent to 2.5 million.

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Competition Scenario In Global Water And Wastewater Treatment Equipment Market

The Global Water and Wastewater Treatment Equipment Market is highly competitive with ~350 players which include globally diversified players, regional players as well as a large number of country-niche players each with their niche in water and wastewater treatment equipment manufacturing. Large global players constitute ~15% of competitors, while country-niche players represent ~50% of competitors. Some of the major players in the market include Aquatech International LLC, Xylem Inc., DuPont, Ecolab Inc., Evoqua Water Technologies LLC, SUEZ, Pentair Plc., 3M, Veolia Water Technologies, United Utilities Group PLC, and among others.

What Is The Expected Future Outlook For The Overall Global Water And Wastewater Treatment Equipment Market Across The Globe?

The Global Water and Wastewater Treatment Equipment market was valued at USD ~billion in 2022 and is anticipated to reach USD ~billion by the end of 2028F, witnessing a CAGR of ~% during the forecast period 2022-2028F. The realistic growth scenario represents the most likely scenario as per current market conditions. This scenario assumes that there will be no overall impact on the market due to any potential COVID-19 waves in the future.

The Global Water and Wastewater Treatment Equipment market is driven by severe water scarcity and lack of freshwater resources to meet the regular demand of water consumption for public usage.

In January 2022, Veolia Water Technologies deliver a MBBR (Moving Bed Biofilm Reactor) solution to Tokoroa wastewater treatment plant in New Zealand, the MBBR highly effective biological treatment process that used conventional sludge process for wastewater treatment.

In March 2017, SUEZ acquired GE Water. The acquisition helped SUEZ to enter into the industrial water and services market, as GE water has a strong presence across the entire industrial water value chain.

In September 2017, DuPont merged with Dow chemical company which formed a new combined entity "DowDuPont" which works for three main divisions as Agriculture, Materials Science, and Specialty Products.

The Global Water and Wastewater Treatment Equipment Market are forecasted to continue growing during the forecast period primarily driven by water scarcity. Though the market is highly competitive with ~ 350 participants, few global players control the dominant share and country-niche players also hold a significant share. The market size is estimated to be ~US$ 50 billion in 2022 and is expected to reach a market size of ~US$ 75 billion by 2028 growing with a CAGR of ~7%. Asia-Pacific is the dominating region, owing to the rising population and urbanization.

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Key Topics Covered in the Report

Snapshot of Global Water and Wastewater Treatment Equipment Market
Industry Value Chain and Ecosystem Analysis
Market size and Segmentation of the Global Water and Wastewater Treatment Equipment Market
Historic Growth of the Overall Global Water and Wastewater Treatment Equipment Market and Segments
Competition Scenario of the Market and Key Developments of Competitors
Porter's 5 Forces Analysis of the Global Water And Wastewater Treatment Equipment Industry
Overview, Product Offerings, and Strategic Developments of Key Competitors
COVID-19 Impact on the Overall Global Water and Wastewater Treatment Equipment Market
Future Market Forecast and Growth Rates of the Total Global Water and Wastewater Treatment Equipment Market and by Segments
Market Size of Application/End-user Segments with Historical CAGR and Future Forecasts
Analysis of the Global Water and Wastewater Treatment Equipment Market
Major Production/Supply and Consumption/Demand Hubs within Each Major Country
Major Country-wise Historic and Future Market Growth Rates of the Total Market and Segments
Overview of Notable Emerging Competitor Companies within Each Region

Notable Emerging Companies Mentioned in the Report

Solugen
CycloPure
ZwitterCo
Aquacycl
Forward Water Technologies

Key Target Audience - Organizations and Entities Who Can Benefit by Subscribing This Report

Water and Wastewater Treatment Plant Manufacturers
Water And Wastewater Treatment Equipment Raw Material Suppliers
Water And Wastewater Treatment Equipment Products Manufacturers
Government Ministries and Departments for Drinking Water and Sanitation
Water And Wastewater Treatment Equipment Industry Association
Water And Wastewater Treatment Equipment Companies
Venture Capitalists Targeting Water and Wastewater Treatment Equipment Industry
Investment Banks Targeting Water and Wastewater Treatment Equipment Industry
Environmental Regulatory Authorities

Time Period Captured in the Report

Historical Period: 2017-202
Forecast Period: 2022E-2028F

For More Information on the Research Report, refer to below links: -

https://www.kenresearch.com/business-research/global-water-and-wastewater-treatment-equipment-market-outlook-2028/

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Ken Research is a Market Research and Consulting Firm, based out of India, Indonesia and UAE. Since 2011, we have been assisting clients globally with our Syndicate and Bespoke Market Research and Advisory Services.

This release was published on openPR.