What are the Historical Developments and Current Growth Metrics of the Wastewater Treatment Equipment Market?
The wastewater treatment equipment market has seen considerable growth due to a variety of factors.
• The market size for wastewater treatment equipment has seen a consistent rise over the past years. It is projected to increase from $33.88 billion in 2024 to a whopping $35.24 billion in 2025, revealing a compound annual growth rate (CAGR) of 4.0%.
The growth witnessed during the historical period is ascribed to the rise in global population, the rapid pace of urbanization and industrialization, concerns over water scarcity, and stringent environmental regulations.
What Is The Projected Growth Of The Wastewater Treatment Equipment Template Market?
The wastewater treatment equipment market is expected to maintain its strong growth trajectory in upcoming years.
• The market size for wastewater treatment equipment is predicted to experience significant expansion in the approaching years. The expected value by 2029 is $43.83 billion, achieving a compound annual growth rate (CAGR) of 5.6%.
Factors such as increased public health consciousness, outdated infrastructure, enhancements in water quality, repercussions of climate change, and economic development contribute to the growth projected within the forecast period. Emerging trends in this era include IoT and sensors, sustainable farming, artificial intelligence and machine learning, as well as robotic agriculture.
What Are The Key Drivers Fueling Growth In The Wastewater Treatment Equipment Market?
The constant rise in the effLUENT discarded from both residential and industrial sectors is propelling the need for wastewater treatment equipment in the market. The elevated levels of wastewater generated necessitate the use of such equipment for the treatment process. As per a study by the European Environment Agency (EEA), the percentage of households contributing to wastewater disposal in Northern European countries is consistently over 80%, from which more than 70% undergoes tertiary wastewater treatment. Besides, in Central European countries, the percentage of people plugged into urban wastewater treatment in southern, south-eastern, and eastern Europe is at a whopping 97%, with 75% of them receiving tertiary wastewater treatment. The International Water Association's (IWA) wastewater report stated that the Philippines contributes about a million cubic meters of wastewater annually from its industrial sectors in Manila Bay and Laguna Lake. This creates a growing demand for the wastewater treatment equipment market.
What Are The Principal Market Segments In The Global Wastewater Treatment Equipment Industry?
The wastewater treatment equipment market 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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What Trends Are Reshaping The Future Of The Wastewater Treatment Equipment Market?
The escalating adoption of Internet of Things (IoT) sensors stands as a contemporary trend in the field of wastewater treatment equipment. Essentially, IoT signifies a cluster of physical gadgets that connect and interact over the internet. Assigned with the task of measuring pollutants in the air and water, environmental sensors actively keep tabs on the quality of these entities. Additionally, they can detect radiation and harmful chemicals in our surroundings. The lion's share of organizations operational in the water industry tends to rely greatly on Supervisory Control and Data Acquisition (SCADA) systems for overseeing their water distribution mechanisms. When applied to water systems, IoT utilizes smart sensors to discern data related to water quality, variations in temperature or pressure, and the possible existence of any chemical leaks. A case in point being Biz4solutions, a water treatment industry firm that offers cutting-edge solutions for the efficient administration of wastewater and water testing analytics via methodical water management, assisting in water recycling, diminishing water leakages, and managing wastewater in an effective manner.
Who Are the Key Players In The Wastewater Treatment Equipment Market?
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.
What Are The Regional Insights Into The Wastewater Treatment Equipment Market?
Asia-Pacific was the largest region in the wastewater treatment equipment market in 2023. 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
