Allied Market Research published a new report, titled, “Water Treatment Equipment Market size by Type (Meters, Disinfection, Membranes, Process Equipment, Mud Treatment) and End User (Industrial, Municipal) – Global Opportunity Analysis and Industry Forecast, 2022″ The report offers an extensive analysis of key growth strategies, drivers, opportunities, key segment, Porter’s Five Forces analysis, and competitive landscape. This study is a helpful source of information for market players, investors, VPs, stakeholders, and new entrants to gain thorough understanding of the industry and determine steps to be taken to gain competitive advantage.
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The report offers key drivers that propel the growth in the global mining metals market. These insights help market players in devising strategies to gain market presence. The research also outlined restraints of the market. Insights on opportunities are mentioned to assist market players in taking further steps by determining potential in untapped regions.
Water treatment is done by collecting and processing water to achieve the desired properties of suspended matters. Hence, based on the raw & desired quality of water, treatment methods, number of stages, and equipment involved in different processes may differ significantly.
The commonly used equipment in most of the treatment methods are process equipment, mud treatment, filtration systems & media, disinfection, meters, and membranes. The market for such equipment has increased tremendously over the past few years owing to increasing water consumption coupled with rising awareness to consume safe water. However, factors that hamper market growth are high equipment and operational costs.
Water Treatment Equipment Market Report, published by Allied Market Research, forecasts that the global market is registering a CAGR of 6.0% during the period 2016-2022. The mud treatment and process equipment segment collectively held about two-fifths of the total market in 2015.
In the year 2015, Asia-Pacific and Europe collectively accounted for more than half of the total water treatment equipment market and are expected to maintain their lead position throughout the forecast period. The major companies profiled in the report include Best Water Technology (BWT) Ag, Ecolab Inc., Ge Water & Process Technologies, Hyflux Ltd, Pentair Plc., Va Tech Wabag Ltd., Veolia Environment S.A., Xylem Inc., Suez Environment S.A., and Saur SAS.
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Greater efficiency and innovation are considered the primary areas of development for the water and wastewater treatment equipment market. Diminishing freshwater reserves puts additional pressure on governments to meet the cumulative demand for uninterrupted water supply. Different types of instruments are used at different stages of water treatment. Manufacturers are focused on developing innovative and highly effective products to resolve the universal issue of water shortage. Water recycling involves numerous types of equipment and instruments for activities such as the removal of impurities and sediments. Technological advancements to increase the effectiveness of these products and meet end-use requirements can positively affect their future demand.
Water & Wastewater Treatment Equipment Market by Type (Disinfection and Filtration), Technology (Primary, Secondary, and Tertiary) and Application (Municipal and Industrial)-Global Opportunity Analysis and Industry Forecast, 2014-2022
Key Findings of Water Treatment Equipment Market:
1. Membranes would be the fastest growing segment during the analysis period.
2. Asia-Pacific is expected to lead the market throughout 2022, growing at a CAGR of 5.8% from 2016 to 2022.
3. LAMEA is expected to be the fastest growing segment.
4. In the year 2015, the municipal application segment generated highest revenue and is expected to maintain its lead.
5. U.S. would continue to lead the global water treatment equipment market throughout the forecast period.
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