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Wastewater Treatment Equipment Market Size, Share, Trends And Forecast 2023-2032
The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032The Business Research Company's Wastewater Treatment Equipment Global Market Report 2023 identifies the wastewater treatment equipment as the major driver for the wastewater treatment equipment market's growth in the forecast period. The high quantity of wastewater being disposed of is increasing the necessity to treat the water using wastewater treatment equipment. According to a research study published by the European Environment Agency (EEA), the percentage of the residential population disposing of wastewater in northern European countries is always above 80 % out of which more than 70 % received tertiary wastewater treatment.
The global wastewater treatment equipment market size will grow from $31.49 billion in 2022 to $32.77 billion in 2023 at a compound annual growth rate (CAGR) of 4.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the global wastewater treatment equipment is expected to grow to $38.88 billion in 2027 at a CAGR of 4.4%
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Major competitors in the wastewater treatment equipment market are Suez, 3M, GE Water, Culligan International Company, DOW Water & Process Solutions.
A key trend in the wastewater treatment equipment market includes the increasing use of Internet of Things (IoT) sensors. The Internet of Things (IoT) is a network of physical devices that communicate over the internet. The environmental sensors measure pollution-causing particles in air and water, thereby monitoring air or water quality. It also senses radiations and hazardous chemicals in the environment. A majority of the organizations that function in the water industry depend on the Supervisory Control and Data Acquisition (SCADA) systems to monitor the water distribution systems. The use of IoT in water systems uses smart sensors that detect information about the water quality, temperature changes, pressure changes, and potentially any chemical leaks.
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The wastewater treatment equipment market is segmented -
•By Equipment: Filtration Equipment, Membrane Equipment, Thermal Distillation Equipment And Evaporators, Disinfection Equipment
•By Process: Primary, Secondary, Tertiary
•By Texture: Smooth, Textured
•By Application: Municipal, Industrial
•By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the wastewater treatment equipment market.
The Business Research Company's "Global Wastewater Treatment Equipment Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Wastewater Treatment Equipment Market Include:
1. Executive Summary
2. Wastewater Treatment Equipment Market Characteristics
3. Wastewater Treatment Equipment Market Trends And Strategies
4. Wastewater Treatment Equipment Market - Macro Economic Scenario
5. Wastewater Treatment Equipment Market Size And Growth
……
26. Africa Wastewater Treatment Equipment Market
27. Wastewater Treatment Equipment Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Wastewater Treatment Equipment Market
29. Wastewater Treatment Equipment Market Future Outlook and Potential Analysis
30. Appendix
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