The global wastewater treatment equipment market size is expected to grow from $30.17 billion in 2021 to $31.49 billion in 2022 at a compound annual growth rate (CAGR) of 4.4%. The global wastewater treatment market size is expected to grow to $36.85 billion in 2026 at a CAGR of 4.0%.
What is the Global Wastewater Treatment Equipment Market?
The wastewater treatment equipment market consists of sales of wastewater treatment equipment and related services. Wastewater treatment equipment is used to treat solid, liquid, gaseous, or radioactive substances, remediation, and processing of effluent wastewater and waste matter from households, businesses, and other organizations.
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What drives the Global Wastewater Treatment Equipment Market?
The wastewater treatment equipment market is being driven by a rapidly increasing disposal of wastewater from the industrial as well as residential sectors. The high quantity of wastewater being disposed of is increasing the necessity to treat the water using wastewater treatment equipment. According to a research study published by the European Environment Agency (EEA), the percentage of the residential population disposing of wastewater in northern European countries is always above 80 % out of which more than 70 % received tertiary wastewater treatment. Furthermore, in central European countries, the proportion of the population connected to urban wastewater treatment in southern, south-eastern, and eastern Europe is 97% out of which 75% are receiving tertiary wastewater treatment. These factors are driving the wastewater treatment equipment market.
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https://www.thebusinessresearchcompany.com/report/wastewater-treatment-equipment-global-market-reportGlobal Wastewater Treatment Equipment Market Segments
The global wastewater treatment equipment market is segmented:
By Equipment: Filtration Equipment, Membrane Equipment, Thermal Distillation Equipment and Evaporators, Disinfection Equipment
By Process: Primary, Secondary, Tertiary
By Texture: Smooth, Textured
By Application: Municipal, Industrial
By Geography: The regions covered in the wastewater treatment equipment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
Wastewater Treatment Equipment Global Market Report 2022provides market size and growth forecasts for the global wastewater treatment equipment market, global wastewater treatment equipment market share, wastewater treatment equipment market segments and geographies, wastewater treatment equipment market competitive landscape including leading competitors’ revenues, profiles and market shares. The wastewater treatment equipment market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
Global Wastewater Treatment Equipment Industry Playersinclude Suez, 3M, GE Water, Culligan International Company, DOW Water & Process Solutions, Pentair Plc, Aquatech International, Danaher Corporation, Ecolab, and Chembond Chemicals Limited. Based on industry trends and company analysis, the report explains a number of strategies for companies in the market.