The global Water
& Wastewater Treatment Market to reach USD 674.72 billion by 2025,
driven by the rising demand for freshwater for drinking, industrialization and
agriculture. Treated water is suitable for various end-uses such as river flow
maintenance, drinking, the supply of industrial water and irrigation.
Water & wastewater treatment
processes such as softening, deodorization and purification make the water more
useful and potable. Asia Pacific was the largest market accounting for 43.9% of
the revenue share in 2016. It is anticipated to gain momentum over the forecast
period on account of the growing demand for filtered water for various
applications.
Water treatment systems are
either installed at the point of use or the point of entry. However, as
drinking water is a vital priority for the population, the residential sector
contributes significantly towards the development of water treatment market as
compared to the industrial and commercial sector.
Browse
Details of Report @https://www.hexaresearch.com/research-report/water-wastewater-treatment-market
Central & South America water
& wastewater industry is capable, but the absence of significant venture in
infrastructure is unfavorable for its economic performance. Asia Pacific
municipal water & wastewater market is likely to grow at a CAGR of 5.3%
over the forecast period. This market has been rapidly growing owing to the
presence of developing economies and a large concentration of population in the
region. Asia Pacific’s vast and rising population, coupled with increasing
middle class and rising incomes, will continue to drive demand agricultural
resources and commodities.
The global equipment &
services market accounted for USD 117.85 billion in 2016. The growth of
equipment & services market is likely to gain momentum in the recent
future, as it utilizes environment-friendly and economically feasible
instruments and technologies.
Few major players dominating the
market are GE Water & Process Technologies, 3M Purification, Calgon Carbon,
Aqua Tech International, Danaher, GDF SUEZ, Degremont, Veolia Water Solutions
& Technologies and Siemens. Companies such as Siemens and GE, are using
advanced products and equipment to gain a competitive advantage in the market.
Major players in flow control services are acquiring firms in the treatment
market. For instance, in June 2010, the largest pump provider, ITT acquired
filtration company to expand its services such as dewatering pump and rental
facilities.
Hexa Research has segmented the global water &
wastewater treatment market based on type, end-use and region:
Segmentation by type, 2014 - 2025 (USD Billion)
• Chemicals
• Treatment Technologies
• Equipment & services
Segmentation by end use, 2014 - 2025 (USD Billion)
• Municipal
• Industrial
Segmentation by region, 2014 - 2025 (USD Billion)
• North America
• U.S.
• Europe
• UK
• Middle East & Africa
• Saudi
Arabia
• Algeria
• Asia Pacific
• China
• Central & South America
Browse Related Category Market Reports @ https://www.hexaresearch.com/research-category/water-and-sludge-treatment-industry

No comments:
Post a Comment