Press release
The global industrial water treatment equipment market is expected to reach US$ 13 billion by the end of 2028 and is expected to register a significant CAGR of 7-8% during the forecast period till 2028.
Stringent government regulations regarding waste-water disposal coupled with burgeoning demand for clean water, are expected to bolster the growth of the market says a research report by RationalStatThe "Global Industrial Water Treatment Equipment Market Analysis and Forecast, 2019-2028" report by RationalStat assesses the regional market based on equipment type, technology, industry, installation, and country/region. A detailed market analysis report provides an overall historical and future market size in terms of market value (US$ Million) and market volume ('000 units) with a comprehensive market trend analysis (year-on-year growth).
The report also deals with the market share analysis by key players and segments, sales & revenues of industrial water treatment equipment, competition overview, strategic imperatives, plans and strategies, key application, potential growth drivers, recent R&D of industrial water treatment equipment across the globe, and competition analysis for the target players evaluated in the global industrial water treatment equipment market study.
Market Overview and Dynamics
The global industrial water treatment equipment market is expected to grow at a robust growth rate of around 7-8% during the forecast period 2022-2028. The increasing use of advanced technologies such as membrane filtration, UV disinfection, and electrochemical processes is expected to augment the growth of the market as these technologies are more efficient and effective at removing contaminants than traditional treatment methods, and they are also more environmentally friendly.
In addition, the discharge of untreated industrial wastewater expands the chances for health hazards and water pollution. These factors coupled with the emerging water crisis are anticipated to prompt the demand for industrial water treatment equipment to meet the growing per-capita water demand.
Market Drivers and Trends of the Global Industrial Water Treatment Equipment Market
The Asia Pacific region dominates the industrial wastewater treatment equipment market because of the rising industrialization coupled with the demand from the power generation, mining, food and beverage, chemical, pulp and paper, and textile industries is anticipated to drive the major revenue for the market.
Furthermore, the changing demographics like the improvement of living standards, strict regulations related to the treatment of wastewater, and the increasing population will further boost the growth of the industrial wastewater treatment market in the region during the forecast period.
The European region is anticipated to observe significant growth in the industrial wastewater treatment market because of the strict laws and directives in the region. Moreover, the European industrial water treatment equipment market growth can be attributed to increased infrastructure investments contributing to the raise in the region's standard of living. Regional growth has been fueled by increased demand for heating, ventilation, and air conditioning systems, as well as energy management.
Segmental Analysis: Global Industrial Water Treatment Equipment Market
• On the basis of equipment type, filtration components, and systems holds a major market share as filtration is the most important segment of industrial water treatment. Due to this, the market for filtration components and systems is expected to continue its growth trajectory.
• Based on the industry, the industrial sector owns a significant share of the market, as it is the major user of industrial water treatment equipment and the increasing industrialization is expected to fuel the demand in the upcoming years.
Competition Analysis and Market Structure
The global industrial water treatment equipment market is fragmented in nature with the presence of various players operating in the region. Leading companies operating in the industrial water treatment equipment market are focusing on introducing new & better technologies such as membrane filtration, UV disinfection, and electrochemical processes catering to different niche markets and applications.
Moreover, these players adopt various strategies to increase their market share and gain a competitive edge over other competitors in the industrial water treatment equipment market. Mergers and acquisitions, partnerships, and collaborations are some of the strategies followed by industry players. Some of the key developments in the global industrial water treatment equipment market include,
• In January 2023, Germany-based water and wastewater plant manufacturer SKion announced the acquisition of Birmingham-based treatment plant specialist Enpure Limited.
• In January 2023, Wind Point Partners, a Chicago-based private equity firm, announced that it has partnered with Hasa, Inc., an industry-leading producer and supplier of high-quality water treatment solutions.
• In October 2022, Cadiz Inc. announced an agreement to acquire ATEC Systems, Inc., a leading provider of technologically-advanced, cost-effective groundwater filtration systems for community, municipal, agricultural, and industrial use.
Some of the key players operating in the global industrial water treatment equipment market include Dow Water & Process Solution, Veolia Water Technologies, SUEZ, Ecolab, General Electric Water & Process Technologies, SAMCO, Toray Industries, Xylem, Kurita Water Industries, and MAT Industrial, among others.
RationalStat has segmented the global industrial water treatment equipment market on the basis of equipment type, technology, industry, installation and region.
• Global Industrial Water Treatment Equipment Market Value (US$ Million), Volume ('000 liters), and Market Share (2019-2028) Analysis by Equipment Type
o Filtration Components and Systems
o Disinfection
o Membranes & Others
• Global Industrial Water Treatment Equipment Market Value (US$ Million), Volume ('000 liters) and Market Share (2019-2028) Analysis by Technology
o Tube Filtration
o Sand & Multimedia Filtration
o Carbon Filtration
o Ion Exchange Softening
o Reverse Osmosis/Nanofiltration
o Microfiltration/Ultrafiltration
o Electrodeionization (EDI)
o Others
• Global Industrial Water Treatment Equipment Market Value (US$ Million), Volume ('000 liters) and Market Share (2019-2028) Analysis by Industry
o Industrial
Power Generation
Automotive
Petrochemicals
Chemical
Mining & Metals
Food & Beverages
Paper & Packaging
Textile
Others (Cement, Material, etc.)
o Commercial Spaces
o Government Institutions & Establishments
• Global Industrial Water Treatment Equipment Market Value (US$ Million), Volume ('000 liters), and Market Share (2019-2028) Analysis by Installation
o New Sales
o Retrofit
• Global Industrial Water Treatment Equipment Market Value (US$ Million), Volume ('000 liters), and Market Share (2019-2028) Analysis by Region
o North America Industrial Water Treatment Equipment Market
US
Canada
o Latin America Industrial Water Treatment Equipment Market
Brazil
Mexico
Rest of Latin America
o Western Europe Industrial Water Treatment Equipment Market
Germany
UK
France
Spain
Italy
Benelux
Nordic
Rest of Western Europe
o Eastern Europe Industrial Water Treatment Equipment Market
Russia
Poland
Rest of Eastern Europe
o Asia Pacific Industrial Water Treatment Equipment Market
China
Japan
India
South Korea
Australia
ASEAN (Indonesia, Vietnam, Malaysia, etc.)
Rest of Asia Pacific
o Middle East & Africa Industrial Water Treatment Equipment Market
GCC
South Africa
Turkey
Rest of the Middle East & Africa
For more information about this report https://store.rationalstat.com/store/global-industrial-water-treatment-equipment-market/
Key Questions Answered in the Industrial Water Treatment Equipment Report:
• What will be the market value of the Global Industrial Water Treatment Equipment Market by 2028?
• What is the market size of the Global Industrial Water Treatment Equipment Market?
• What are the market drivers of the Global Industrial Water Treatment Equipment Market?
• How many Industrial Water Treatment Equipment is sold each year?
• What are the key trends in the Global Industrial Water Treatment Equipment Market?
• Which is the leading region in the Global Industrial Water Treatment Equipment Market?
• What are the major companies operating in the Global Industrial Water Treatment Equipment Market?
• What are the market shares by key segments in the Global Industrial Water Treatment Equipment Market?
RationalStat LLC
Kimberly Shaw, Content and Press Manager
sales@rationalstat.com
Phone: +1 302 803 5429
RationalStat is an end-to-end global market intelligence and consulting company that provides comprehensive market research reports, customized strategy, and consulting studies. The company has sales offices in India, Mexico, and the US to support global and diversified businesses. The company has over 80 consultants and industry experts, developing more than 850 market research and industry reports for its report store annually.
RationalStat has strategic partnerships with leading data analytics and consumer research companies to cater to the client's needs. Additional services offered by the company include consumer research, country reports, risk reports, valuations and advisory, financial research, due diligence, procurement and supply chain research, data analytics, and analytical dashboards.
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