Press release
Drain Cleaning Equipment Market to grow at the CAGR of 5.7% from 2017 to 2025
The Insight Partners
Drain cleaning equipment is one of the key components in maintenance and operation of wastewater, sewer utilities and water. It is the most important but most important element of healthy facilities. Drain cleaning equipment are a device which are used for dislodging clogs in drain pipes. As there are many material which causes blockage in the drainage, drain cleaning equipment’s helps to remove the blockage to clear the drainage system. Drain cleaning equipment’s includes power tools as well as hand tools. Global drain cleaning equipment market is expected to grow from US$ 573.7 million in 2016 to US$ 936.2 million by 2025 at a CAGR of 5.7% between 2017 and 2025.
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Drain Cleaning Equipment Market Players:
SPARTAN TOOL, LLC
RIDGID
Gorlitz Sewer & Drain, Inc.
Goodway Technologies Corp.
General Wire Spring Company
Aussie Pump
Duracable Manufacturers Company
Nilfisk Group
Flowplant Group Inc.
Electric Eel Manufacturers
The ADB are expanding its initiatives in the APAC region on wastewater reuse and management through Promoting an Asia-Pacific Wastewater Management Revolution project. The ADB’s Water Operational Plan of 2011-2020 is highly focused on improving partnership with private investors, enhancing knowledge and capacity development through innovation and technology and expanding wastewater reuse and management. The APAC drain cleaning equipment market accounted for US$ 110.2 Mn in 2016 and is projected to grow at a High CAGR during the forecast period 2017-2025, to reach US$ 198.5 Mn by 2025.
Owing to several developing countries in the Asia Pacific region coupled with the rapidly increased population and significant investments made by the governments of various economies for their infrastructure development, the demand for drain cleaning equipment market is expected to grow in the region. Some of these initiatives includes Clean India Initiative, Indonesia Infrastructure Program 2016-2026 and China’s 13th Five Year Plan among others. Also, the growth of Smart Cities Momentum in the Asia Pacific countries is stimulating construction of numerous commercial as well as public projects. Therefore, the utilization of drain cleaning equipment is projected to grow in the region during the forecast period.b
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Call: +1-646-491-9876
Email: sales@theinsightpartners.com
About The Insight Partners:
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Technology, Media, and Telecommunication industries.
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