The Water And Wastewater Treatment Equipment Market is being driven by Rising global concerns regarding water scarcity
The Water And Wastewater Treatment Equipment Market is expected to grow at a CAGR of 6% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 23651.8 million. The quality of water sources is under threat due to the influx of unwanted materials, including industrial waste, human and animal waste, garbage, and sewage effluents. This contamination poses significant risks to both the environment and public health. Climate change exacerbates these issues, with floods dispersing fecal contaminants and increasing the likelihood of waterborne diseases such as cholera. Conversely, water shortages due to droughts can lead to diarrheal diseases and other health concerns. Given the increasing prevalence of waterborne diseases and associated health risks, there is a pressing need for advanced water and wastewater treatment equipment to ensure the provision of clean and safe water supplies.
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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 |
200 |
Base year |
2024 |
Historic period |
2019-2023 |
Forecast period |
2025-2029 |
Growth momentum & CAGR |
Accelerate at a CAGR of 6% |
Market growth 2025-2029 |
USD 23651.8 million |
Market structure |
market_structure.ucfirst |
YoY growth 2024-2025(%) |
5.1 |
Key countries |
US, China, Japan, India, Canada, UK, South Korea, Germany, Italy, and France |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
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The Water and Wastewater Treatment Equipment market caters to municipal and industrial applications, focusing on product types such as water treatment and wastewater treatment, including saline water treatment for water reuse. Deteriorating water resources due to urbanization, industrialization, and environmental pollution necessitate advanced treatment methods like activated sludge and biological treatment, membrane filtration, and stringent regulations. Health concerns, including gastrointestinal, reproductive, and neurological disorders, emphasize the importance of ensuring water quality in developing areas. Health-conscious consumers further drive the demand for water treatment equipment.
The Water and Wastewater Treatment Equipment market is a significant segment of the larger Industrial Machinery and Supplies and Components market. This sector encompasses companies manufacturing equipment for activated sludge treatment, biological treatment, and chemical treatment. Factors driving market growth include aging water infrastructure, consumer health consciousness, and the need for clean drinking water. Contaminated water necessitates advanced treatment technologies, such as biological treatment and chlorine gas application. Additionally, desalination equipment becomes increasingly relevant due to dwindling conventional energy reserves. The global Industrial Machinery and Supplies and Components market's expansion is fueled by the growing demand for energy, chemicals, and petrochemicals, pulp and paper products, and processed food and beverages in developing countries.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.
Technavio Research
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