Water and Wastewater Treatment Equipment Market Is Expected To Reach USD 73.25 Billion By 2023

Market Highlights:
With the increasing concerns about the health risks and environmental impact of the biological contaminants, chemicals, and disinfection byproducts in the supply of water and wastewater, the governments of various countries have introduced various emission regulations, which are fuelling the demand of water and wastewater treatment equipment. The increase in disposable income, changing lifestyle, and increasing health awareness, simultaneously shift in the focus towards the consumption and usage of clean water in urban areas, are all driving the growth of the market.

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Key Players of Water and Wastewater Treatment Equipment Market:
• GE Water & Process Technologies (U.S.)
• Aquatech International Corporation (U.S.)
• Veolia Water Technologies (France)
• WPL Limited (U.K.)
• Fluence Corporation Limited (U.S.)
• Napier Reid Ltd. (Canada)
• Calgon Carbon Corporation (U.S.)
• Xylem Inc. (U.S.)
• Kemira Oyj (Finland)
• Corix Water System (Canada)

Market Research Analysis:
Amongst all applications, municipal accounted for the largest market share during the forecast period. Municipalities are faced with growing populations, a decrease in available fresh water supplies, and more stringent regulations. Of late, a number of cities, across the globe, are adopting drinking water treatment solutions, to help optimize resources and provide high-purity water to their residents. Rapid growth in global population in the urban areas, is leading to an increase in the demand of high quality water for drinking and daily household usage.

Amongst all technology types, the membrane separation segment is expected to grow with the highest CAGR. In waste water treatment, it is possible to remove the particles, colloids, and macromolecules with the help of membrane separation products, so that waste-water can be disinfected. The membrane separation equipment utilizes economically viable and environment-friendly treatment technologies. These membranes are either prepared from synthetic organic polymers or from inorganic materials such as ceramics and metals.

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Scope of the Report:
This study provides an overview of the global Water and wastewater treatment equipment market, tracking two market segments across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume and share for North America, Europe, Asia Pacific (APAC) and Rest of the World (ROW). The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the global Water and wastewater treatment equipment market by its treatment type, application and region.

By Treatment Type
• Membrane Separation
• Disinfection
• Sludge treatment
• Others

By Application
• Municipal
• Industrial

By Region
• North America
• Asia Pacific
• Europe
• Rest of the World

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This release was published on openPR.