Water and Wastewater Treatment Equipment Market Size to grow by USD 20.90 billion between 2024-2028
According to a research report “ Water and Wastewater Treatment Equipment Market” by Application (Municipal, Industrial) Type (Primary treatment, Secondary treatment, Tertiary treatment) Geography (APAC, North America, Europe, Middle East and Africa, South America)- Global Forecast to 2028 published by Technavio, the market size is estimated to grow by USD 20.90 billion, at a CAGR of 5.62% during the forecast period. The global water crisis, fueled by the depleting water resources and the rapid population growth, is significantly increasing the demand for advanced water and wastewater treatment equipment. According to the World Water Development Report, the global population is projected to increase by approximately one-third by 2050, leading to a substantial rise in water demand. The United Nations defines water stress as a condition where water availability falls below 1,700 m3/year or 4,600 liters/day per person. Currently, nearly 49 countries are experiencing water stress, with 9 of these countries in a state of water scarcity, and 21 facing absolute water scarcity. This escalating water crisis necessitates the deployment of sophisticated water and wastewater treatment solutions to ensure sustainable water management and mitigate potential water shortages..
Browse market data tables, figures, and in-depth TOC on “Water and Wastewater Treatment Equipment Market” by Application (Municipal, Industrial) Type (Primary treatment, Secondary treatment, Tertiary treatment) Geography (APAC, North America, Europe, Middle East and Africa, South America) Global Forecast to 2028. Download Free Sample
By Application, the Municipal segment is projected to dominate the market size in 2024
In the global water and wastewater treatment equipment market, municipal applications hold the largest market share. This segment encompasses key end-users, including wastewater treatment plants and drinking water suppliers. The primary function of water and wastewater treatment equipment in this application is to disinfect municipal water, making it safe for household consumption, as well as to treat municipal effluents and restore water bodies. The demand for such equipment is consistent due to the vast volume of water being treated and the ongoing requirement for clean and pure water. Additionally, the growth in the need for effective sludge dewatering in sewage treatment plants is driving market expansion. Keywords: water treatment, municipal applications, wastewater treatment, drinking water suppliers, end-users, water bodies, sludge dewatering, sewage treatment plants.
By Type, Primary treatment segment is expected to hold the largest market size for the year 2024
In the water and wastewater treatment industry, primary treatment plays a pivotal role in the overall process by removing solid and organic materials from the water or wastewater prior to secondary and tertiary treatment. This initial treatment stage primarily employs physical separation techniques to decrease pollutant loads and enhance water or wastewater quality. In the global market for water and wastewater treatment equipment, primary treatment solutions encompass a range of devices and systems engineered to execute the preliminary separation tasks effectively. Notable equipment in this category include screens, grit chambers, sedimentation tanks, pre-sedimentation tanks, and oil and grease separators.
APAC is forecasted to hold the largest market size by region in 2024
In the Asia Pacific region, which houses the largest population globally, with China being a significant contributor, the scarcity of natural resources, particularly water, is becoming a pressing issue. Governments in APAC are responding by enacting stricter regulatory frameworks to encourage the efficient use of water and maximize the benefits of wastewater treatment. Notable laws include China's Environmental Protection Law, Water Resources Law, and Water Pollution Prevention and Control Law. Initiatives include increasing the number of treatment plants and raising awareness about water and wastewater treatment to ensure regulatory compliance and sustainable water management.
The Water and Wastewater Treatment Equipment Market growth and forecasting report also includes detailed analyses of the competitive landscape of the market growth and forecasting and information about 20 market companies, including:
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Research Analysis Overview
The Water and Wastewater Treatment Equipment market is experiencing significant growth due to the increasing health concerns among consumers and the need to address contaminated water sources. Contaminated water can lead to various health challenges, including neurological disorders, reproductive disorders, and gastrointestinal disorders. Membrane filtration and biological treatment, such as activated sludge treatment, are popular product types used in both municipal and industrial applications to improve water quality. Stringent environmental regulations and growing concerns over environmental pollution have driven the demand for advanced water and wastewater treatment technologies. Urbanization and industrialization have led to deteriorating water resources, making water reuse an essential solution. The market for water treatment equipment is expanding to include saline water treatment and wastewater treatment solutions. Developing areas are also investing in water treatment infrastructure to ensure access to clean water and address the challenges of water scarcity. The growing focus on water reuse and the need for sustainable water management practices are expected to continue driving the market for water and wastewater treatment equipment. The market is expected to grow significantly in the coming years, offering opportunities for manufacturers and suppliers of water and wastewater treatment equipment.
Market Research Overview
The Water and Wastewater Treatment Equipment Market is experiencing significant growth due to the increasing demand for clean and safe water, driven by water scarcity, urbanization, and stringent environmental regulations. The water treatment infrastructure is essential for ensuring potable water supply and wastewater treatment for both municipal and industrial applications. Water treatment systems, including UV equipment, ozonation, membrane technologies, and chemical treatment, play a crucial role in ensuring water quality and sustainability. Rapid urbanization and the rising urban population have put immense pressure on water resources, leading to physical water scarcity and the need for water reuse and recycling. Wastewater projects are increasingly being implemented for waste disposal and sludge treatment. The use of innovative packaging, such as plant-based water bottles, is gaining popularity due to consumer health consciousness and concerns over plastic waste. The energy consumption and environmental effects of traditional water treatment methods have led to the adoption of sustainable technologies like membrane filtration, biological treatment, and fuel cells. However, the high cost of installation and upgradation of water treatment equipment is a stumbling block for developing areas and emerging economies. Federal support and infrastructure expansion are necessary to ensure access to clean drinking water services for all. Industrialization and refinery output have led to increased industrial wastewater treatment and the adoption of membrane separation and other advanced technologies. Stringent environmental regulations and health challenges, including reproductive and neurological disorders, have made disinfection technologies like chlorine gas and UV disinfection essential. The market for desalination equipment is also expected to grow as freshwater resources become scarcer. Overall, the water and wastewater treatment equipment market is poised for growth, driven by the need for sustainable and efficient water management solutions.
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