The Commercial Water Treatment Equipment Market is being driven by Hard water and other contaminants hampering food service equipment quality
The Commercial Water Treatment Equipment Market is expected to grow at a CAGR of 6.02% during 2023 and 2028. During this period, the market is also expected to show a growth of USD 31 billion. In the realm of commercial water treatment, ozonation represents a cutting-edge technology. Ozone, an unstable gas comprised of three oxygen atoms, undergoes spontaneous decomposition, generating a free oxygen radical. This oxidizing agent effectively reduces the concentration levels of sulfur, manganese, and iron through the formation of insoluble metal oxides or elemental sulfur. Moreover, ozone eliminates taste and odor impurities by oxidizing organic compounds. Its broad applicability extends to a wide pH range and rapid reaction with bacteria, viruses, and protozoans, making it a valuable asset in ensuring water quality and safety.
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The market is segmented based on
According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows:
However, the market also witnesses some limitations, which are as follows:
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Market Scope |
|
Report Coverage |
Details |
Page number |
193 |
Base year |
2023 |
Historic period |
2018-2022 |
Forecast period |
2024-2028 |
Growth momentum & CAGR |
Accelerate at a CAGR of 6.02% |
Market growth 2024-2028 |
USD 31 billion |
Market structure |
fragmentation |
YoY growth 2023-2024(%) |
5.37 |
Key countries |
China, US, Canada, Russia, and Mexico |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
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The Commercial Water Treatment Equipment Market encompasses various technologies and components, including Membrane Bioreactor Technology, Dissolved Oxygen Monitoring, Chloramine Removal, Hardness Reduction, PH Control Systems, Flow Rate Measurement, Pressure Sensors, Chemical Feed Systems, Backwashing Cycles, Scaling Prevention, Corrosion Control, Biological Treatment Processes, Filtration System Design, Water Storage Tanks, Pump Selection, Piping Design, System Maintenance, Operator Training, Compliance Reporting, Water Testing Methods, Safety Protocols, System Capacity, Treatment Efficiency, Water Cost Reduction, Process Control Valves, and Data Acquisition Systems. These elements ensure effective water treatment through membrane filtration, chemical addition, monitoring systems, and biological processes, ultimately reducing water costs and maintaining regulatory compliance.
The Commercial Water Treatment Equipment Market is a significant segment of the larger Global Industrial Machinery and Supplies and Components Market. This market encompasses businesses specializing in the production of reverse osmosis membranes, ultrafiltration systems, water softening resins, UV disinfection technology, and chlorination processes. According to Technavio's market analysis, the Industrial Machinery and Supplies and Components Market's growth is driven by the expanding industrial output in process and discrete industries. The increasing demand for energy, chemicals and petrochemicals, pulp and paper products, and processed food and beverages in developing countries is fueling this growth. Key components of this market include presses, machine tools, compressors, pollution control equipment, elevators, escalators, insulators, pumps, roller bearings, and other metal fabrications. Technavio calculates the market size based on the combined revenue generated by manufacturers of machinery and components utilized in industrial settings.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.
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