The report “Water and Wastewater Treatment Equipment Market by Product Type (Filtration, Disinfection, Desalination, Sludge Treatment, Biological), Process (Primary, Secondary and Tertiary), End-User (Municipal, Industrial), And Region -Global Forecast to 2029″, is 68.7 billion in 2024 and is projected to reach USD 87.7 billion by 2029, at a CAGR of 5.0%. Several key drivers are propelling the growth of the water and wastewater treatment equipment market. Firstly, increasing global water scarcity and pollution levels due to industrial activities, urbanization, and population growth are driving the demand for effective water treatment solutions. Secondly, stringent regulatory standards and environmental policies mandating the treatment of wastewater before discharge into water bodies are driving investments in advanced treatment equipment.
Key Market Players
Veolia (France), Xylem (US), Ecolab (US), DuPont (US), Pentair (UK), 3M (US), Aquatech International (US), Thermax Limited (India), Culligan Water (US), Calgon Carbon Corporation (US) etc. are the leading players in the market.
Filtration, by product type is projected to be the largest, in terms of value
The filtration segment holds the top position in the water and wastewater treatment equipment market due to several pivotal reasons. Firstly, filtration serves as a fundamental and indispensable process in water treatment procedures, regardless of the water source or type under treatment. Filtration mechanisms efficiently eliminate suspended solids, contaminants, and impurities, thereby enhancing water quality and rendering it suitable for diverse applications like drinking water supply, industrial operations, and agricultural needs. Secondly, escalating worries concerning water pollution and the universal need for clean water are propelling a surging demand for dependable and effective filtration solutions. This demand surge is notably pronounced in swiftly developing regions where water quality challenges are more prevalent.
Water and Wastewater Treatment Equipment Market Dynamics
- Drivers: Lack of freshwater and water scarcity concerns driving the adoption of sustainable water management practices
- Restraint: Stringent regulation in wastewater industry
- Opportunity: Smart water management and data analysis & Focus on Reuse and Recycling
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Challenge: High installation, equipment & operational costs
