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2025-2034 Wastewater Treatment Equipment Market Outlook: Key Drivers, Emerging Challenges, and Strategic Insights
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.What Will the Wastewater Treatment Equipment Industry Market Size Be by 2025?
The market size of wastewater treatment equipment has seen consistent growth over recent years. Its projected growth spans from $33.88 billion in 2024 to $34.69 billion in 2025, showcasing a compound annual growth rate (CAGR) of 2.4%. Factors contributing to this historic period of growth include an increasing global population, urbanization, industrialization, water scarcity issues, and strict environmental policies.
What's the Long-Term Growth Forecast for the Wastewater Treatment Equipment Market Size Through 2029?
Predictions indicate robust expansion in the wastewater treatment equipment market size in the coming years. A rise to $42.31 billion is anticipated by 2029, increasing at a compound annual growth rate (CAGR) of 5.1%. The forecasted growth is likely due to factors such as heightened public health consciousness, outdated infrastructure, efforts to enhance water quality, implications of climate change, and economic growth. Developments expected to shape the trend during the forecast period encompass IoT and sensors, sustainable farming practices, artificial intelligence and machine learning, as well as robotic agriculture.
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What Are the Key Growth Drivers Fueling the Wastewater Treatment Equipment Market Expansion?
The escalating amount of wastewater being discarded from both industrial and residential sectors is propelling the growth of the wastewater treatment equipment market. This surge in wastewater disposal amplifies the need for its treatment via appropriate equipment. A study released by the European Environment Agency (EEA) reveals that in Nordic countries, over 80% of the residential populace discards wastewater, out of which more than 70% avails tertiary wastewater treatment. Moreover, in central European nations, a whopping 97% of the population in the southern, south-eastern, and eastern regions is connected to urban wastewater treatment, with 75% of them receiving tertiary wastewater treatment. The International Water Association's (IWA) wastewater report indicates that each year, industrial sectors in Manila Bay and Laguna Lake in the Philippines amount to around a million cubic meters of discarded wastewater. These elements are propelling the expansion of the wastewater treatment equipment market.
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What Are the Key Trends Driving Wastewater Treatment Equipment Market Growth?
The rising usage of Internet of Things (IoT) sensors signifies the most recent trend in the wastewater treatment equipment industry. IoT is a system of interlinked physical devices that communicate via the internet. These environmental sensors can detect and measure pollutants in the air and water, thus helping to maintain the quality of these resources. They can also pick up on radiation and harmful chemicals in the surrounding environment. In the water sector, many organizations rely on Supervisory Control and Data Acquisition (SCADA) systems to run their water distribution systems. The implementation of IoT in these systems involves smart sensors that can identify data relating to water quality such as temperature fluctuations, pressure variations, and any potential chemical leaks. For example, companies like Biz4solutions, operating in the water treatment sector, utilize these IoT systematic water management solutions to effectively manage wastewater, water recycling, reduce incidents of water leakages, and enhance water testing analytics.
How Is the Wastewater Treatment Equipment Market Segmented?
The wastewater treatment equipmentmarket covered in this report is segmented -
1) By Equipment: Filtration Equipment, Membrane Equipment, Thermal Distillation Equipment And Evaporators, Disinfection Equipment
2) By Process: Primary, Secondary, Tertiary
3) By Texture: Smooth, Textured
4) By Application: Municipal, Industrial
Subsegments:
1) By Filtration Equipment: Media Filters, Cartridge Filters, Sand Filters, Disc Filters, Pressure Filters
2) By Membrane Equipment: Reverse Osmosis (RO) Membranes, Ultrafiltration (UF) Membranes, Microfiltration (MF) Membranes, Nanofiltration (NF) Membranes
3) By Thermal Distillation Equipment And Evaporators: Multi-Effect Distillation (MED) Systems, Vapor Compression Distillation (VCD) Systems, Mechanical Vapor Recompression (MVR) Evaporators, Falling Film Evaporators
4) By Disinfection Equipment: Chlorination Systems, UV Disinfection Systems, Ozone Disinfection Systems, Electrochemical Disinfection Systems
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Which Companies Are Leading the Charge in Wastewater Treatment Equipment Market Innovation?
Major companies operating in the wastewater treatment equipment market include Suez SA, 3M Company, General Electric Company, Culligan International Company, Dow Water & Process Solutions, Pentair plc, Aquatech International LLC, Danaher Corporation, Chembond Chemicals Limited, Calgon Carbon Corporation, Toray Industries Inc., Thermax Limited, Degrémont SA, Hitachi Ltd., Siemens AG, Evoqua Water Technologies Corp., BWT AG, Veolia Environnement SA, Xylem Inc., Doosan Heavy Industries & Construction Co. Ltd., Kurita Water Industries Ltd., Accepta Ltd., Ion Exchange (India) Ltd., Thermo Fisher Scientific Inc., Ashland Global Holdings Inc., Engie SA, Kemira Oyj, Ryan Herco Flow Solutions, Pall Corporation, Ecolab Inc., Ovivo Inc.
Which Regions Are Leading the Global Wastewater Treatment Equipment Market in Revenue?
Asia-Pacific was the largest region in the wastewater treatment equipment market in 2024. Western Europe was the second largest region in the wastewater treatment equipment market. The regions covered in the wastewater treatment equipment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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