The global water treatment equipment market was valued at $54.3 billion in 2022, and is projected to reach $93.9 billion by 2032, growing at a CAGR of 5.7% from 2023 to 2032.
Water treatment equipment treats the wastewater and removes the pollutants making it safer to release to the environment. The report focuses on various types and end-user industry, which Include municipal and industrial. Growth in demand for clean water for municipal applications and demand for water for power generation is expected to boost the growth. The rise in awareness of effective waste disposal for animal and human health has resulted in the introduction of various disposal systems and procedures. Waste management organizations are required to dispose of or recycle waste on time owing to the presence of huge amounts of harmful substances in the garbage, such as metals and salts.
The rise in global population and industrialization along with changing laws on water treatment in industries and other sectors drive the global water treatment industry. Urbanization of population during the forecast period lead to an Increase in demand for water treatment plants at municipal levels. In some regions, wastewater is already a common water source as safer water sources are not available. In addition, treated wastewater is Increasingly being used in agricultural irrigation. A major hindrance to the growth of the global wastewater treatment equipment market is the high upfront and operational costs involved in wastewater treatment plants. However, global water scarcity is expected to be a reality in the coming years as a result of which the capacity to treat wastewater and reuse the same has to be Increased. Most population growth occurs in developing countries, mainly in regions that are already experiencing water stress and in areas with limited access to safe drinking water and adequate sanitation facilities. The development of advanced energy efficient water treatment technologies is expected to benefit the market growth in the long run. Therefore, the need for achieving better water treatment rates is projected to offer lucrative opportunities for the global water treatment equipment market growth.
The water treatment equipment market is segmented on the basis of type, end-use industry, and region. On the basis of type, the market is classified into process equipment, mud treatment, filtration systems & media, disinfection, diversions & screens, meters, membranes, and others. On the basis of end-use industry, the market is bifurcated into industrial and municipal. The industrial segment is further segmented into process water treatment, wastewater treatment, and sludge treatment. Moreover, the Municipal segment is further fragmented into process water treatment, wastewater treatment, and sludge treatment. On the basis of region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The major players operating in the industry Include Calgon Carbon Corporation, Culligan Water, Ecolab, General Electric, Hydranautics, Pentair, Lenntech B.V., Suez, Veolia, and Xylem. These players have adopted product launches as their key strategy to Increase their market shares.
Water treatment equipment treats the wastewater and removes the pollutants making it safer to release to the environment. The report focuses on various types and end-user industry, which Include municipal and industrial. Growth in demand for clean water for municipal applications and demand for water for power generation is expected to boost the growth. The rise in awareness of effective waste disposal for animal and human health has resulted in the introduction of various disposal systems and procedures. Waste management organizations are required to dispose of or recycle waste on time owing to the presence of huge amounts of harmful substances in the garbage, such as metals and salts.
The rise in global population and industrialization along with changing laws on water treatment in industries and other sectors drive the global water treatment industry. Urbanization of population during the forecast period lead to an Increase in demand for water treatment plants at municipal levels. In some regions, wastewater is already a common water source as safer water sources are not available. In addition, treated wastewater is Increasingly being used in agricultural irrigation. A major hindrance to the growth of the global wastewater treatment equipment market is the high upfront and operational costs involved in wastewater treatment plants. However, global water scarcity is expected to be a reality in the coming years as a result of which the capacity to treat wastewater and reuse the same has to be Increased. Most population growth occurs in developing countries, mainly in regions that are already experiencing water stress and in areas with limited access to safe drinking water and adequate sanitation facilities. The development of advanced energy efficient water treatment technologies is expected to benefit the market growth in the long run. Therefore, the need for achieving better water treatment rates is projected to offer lucrative opportunities for the global water treatment equipment market growth.
The water treatment equipment market is segmented on the basis of type, end-use industry, and region. On the basis of type, the market is classified into process equipment, mud treatment, filtration systems & media, disinfection, diversions & screens, meters, membranes, and others. On the basis of end-use industry, the market is bifurcated into industrial and municipal. The industrial segment is further segmented into process water treatment, wastewater treatment, and sludge treatment. Moreover, the Municipal segment is further fragmented into process water treatment, wastewater treatment, and sludge treatment. On the basis of region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The major players operating in the industry Include Calgon Carbon Corporation, Culligan Water, Ecolab, General Electric, Hydranautics, Pentair, Lenntech B.V., Suez, Veolia, and Xylem. These players have adopted product launches as their key strategy to Increase their market shares.
Key Benefits For Stakeholders
- This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the water treatment equipment market analysis from 2022 to 2032 to identify the prevailing water treatment equipment market opportunities.
- The market research is offered along with information related to key drivers, restraints, and opportunities.
- Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
- In-depth analysis of the water treatment equipment market segmentation assists to determine the prevailing market opportunities.
- Major countries in each region are mapped according to their revenue contribution to the global market.
- Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
- The report Includes the analysis of the regional as well as global water treatment equipment market trends, key players, market segments, application areas, and market growth strategies.
Key Market Segments
By Type
- Process Equipment
- Mud Treatment
- Filtration Systems and Media
- Disinfection
- Diversions and Screens
- Meters
- Membranes
- Others
- Industrial Water Treatment Equipment
- Municipal Water Treatment Equipment
By Region
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- France
- UK
- Italy
- Spain
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Australia
- Rest of Asia-Pacific
- LAMEA
- Brazil
- Saudi Arabia
- South Africa
- UAE
- Rest of LAMEA
Key Market Players
- Calgon Carbon Corporation
- Culligan Water
- Ecolab
- General Electric
- Hydranautics
- Lenntech B.V.
- Pentair
- Suez
- Veolia
- Xylem
Table of Contents
CHAPTER 1: INTRODUCTION
CHAPTER 2: EXECUTIVE SUMMARY
CHAPTER 3: MARKET OVERVIEW
CHAPTER 4: WATER TREATMENT EQUIPMENT MARKET, BY TYPE
CHAPTER 5: WATER TREATMENT EQUIPMENT MARKET, BY END-USE INDUSTRY
CHAPTER 6: WATER TREATMENT EQUIPMENT MARKET, BY REGION
CHAPTER 7: COMPETITIVE LANDSCAPE
CHAPTER 8: COMPANY PROFILES
List of Tables
List of Figures
Executive Summary
According to a new report, titled, 'Water Treatment Equipment Market,' The water treatment equipment market was valued at $54.3 billion in 2022, and is estimated to reach $93.9 billion by 2032, growing at a CAGR of 5.7% from 2023 to 2032.Water treatment equipment refers to a broad range of equipment and systems designed to treat and purify water for use in various operations, including irrigation, drinking water, industrial processes, and wastewater treatment. These equipment are used to clean, purify, and prepare water for specific uses by removing pollutants, impurities, and unwanted compounds from it. Water treatment is necessary to protect the environment, ensure that people have access to clean drinking water, support commercial and agricultural activities, conserve resources, and improve the quality of water for diverse uses. There are several types of equipment that are used in water treatment including filtration systems, reverse osmosis systems, disinfection systems, and others.
The market for water treatment equipment is driven by many factors including surge in demand for clean water. Urbanization, industrialization, rise in agricultural activities, climate change, water pollution by various means, and water scarcity are driving the demand for clean and freshwater globally. Many regions of the world are experiencing rapid urbanization, which is expanding cities and increasing water use. Urban regions place additional demands on water supplies due to the need for clean water for residential, commercial, and industrial uses. Water is essential for industrial processes like manufacturing and energy production. The need for clean water in various industries grows dramatically as countries grow and become more industrialized. One of the biggest uses of water on the planet is in agriculture. A greater need for irrigation is required to meet the rising food demand to feed the growing population, which strains water supplies.
In addition, water bodies become polluted and unsafe for human consumption due to pollution from industrial, agricultural, and home causes. To preserve public health and environmental sustainability, clean water is more important as pollution levels grow. Although most of the Earth's surface is covered by water, just a small portion of it is freshwater that can be used by humans. Hence, demand for clean water is increasing as people try to obtain enough supply as water shortage becomes a more sincere concern in some areas. Moreover, climate change is altering the patterns of precipitation, which increases the frequency and severity of droughts and floods in various locations. The availability and quality of water sources are hampered by these harsh weather conditions, making it harder to meet the demand for clean water. Owing to these factors, the rise in need for clean water boosted the water treatment equipment market.
The stringent regulations regarding water quality and environmental protection drive the demand for water treatment equipment market. The implementation of various regulations is essential to address the complex challenges associated with water pollution, protect public health, conserve natural resources, and ensure the sustainable use of water for current and future generations. Hazardous bacteria, chemicals, and pollutants in contaminated water increase the risk of diseases including cholera, typhoid, and gastrointestinal disorders transmitted through water. To reduce these dangers and safeguard public health, regulations aid in setting standards and norms. At the worldwide level, the WHO develops policies and establishes standards for the quality of drinking water. These recommendations address aspects including microbiological, chemical, and radioactive contamination to guarantee the security of drinking water. Furthermore, regulations in several nations mandate companies acquire permission before dumping wastewater into bodies of water. To preserve the quality of the water, these licenses often specify precise restrictions on the types and quantities of contaminants that may be discharged. These restrictions allow the usage of water treatment equipment leading to the growth of the market.
The high installation cost for water treatment equipment restrains the markets’ growth. The complexity and sophistication of the equipment impacts its manufacturing, installation, and maintenance costs. Water treatment equipment must meet strict quality and performance standards to ensure efficient treatment and adherence to regulations. These requirements demand the use of premium components, innovative technology, and stringent testing, every one of which may increase costs. Moreover, specific components and materials that are strong, corrosion-proof, and able to survive the rough water conditions may be needed for water treatment equipment. It can be expensive to use specialized materials and parts, which raises the equipment's overall cost.
In addition, some methods of water treatment, including sophisticated filtration or membrane procedures, may use a lot of energy. The total cost may also increase due to consumable replacement, continuing maintenance, and operational expenditures related to water treatment equipment. Also, significant investments in research and development are needed for developing new and inventive water treatment methods. Through increasing equipment prices, these costs are frequently transferred to consumers. Owing to these factors, the high installation cost hinders the growth of the water treatment equipment market.
The technological advancements in water treatment equipment created an excellent growth opportunity for the market. The advancements in water treatment technology increase treatment effectiveness, lower energy use, improve contaminant removal, and ensure access to clean and safe water sources. For instance, advancements have been made in membrane-based water treatment technologies like reverse osmosis (RO) and nanofiltration (NF). These systems can perform and operate more reliably due to improved membrane materials, improved fouling resistance, and increased energy efficiency. To eliminate pollutants from water, advanced oxidation processes (AOPs) produce extremely reactive hydroxyl radicals. Technologies including ozone-based methods, UV/hydrogen peroxide, and advanced photocatalysis have shown promise in effectively decomposing organic pollutants and new toxins.
In addition, hybrid treatment systems are also employed which integrate various treatment procedures to improve pollutant removal. To address complicated problems with water quality, some examples include combining membrane filtration with activated carbon adsorption or incorporating AOPs with biological treatment. Furthermore, innovations in membrane-based technologies like reverse osmosis and electrodialysis have been made in the desalination process, which removes salt and other pollutants from saltwater or brackish water. These developments have lowered desalination costs overall and increased energy efficiency. Owing to these factors, the technological advancements in water treatment equipment created a fantastic growth opportunity for the market.
The water treatment equipment market is divided on the basis of type, end user and region. On the basis of type, the market is classified into process equipment, mud treatment, filtration systems & media, disinfections, diversions & screens, meters, membranes, and others. Depending on the end user, the market is bifurcated into industrial water treatment equipment and municipal water treatment equipment. Region wise, the market is analyzed across North America, Europe, Asia-Pacific and LAMEA.
The key players operating in the global water treatment equipment market are Calgon Carbon Corporation, Culligan Water, Ecolab, General Electric, Hydranautics, Lenntech B.V., Pentair, Suez, Veolia, and Xylem. These players have adopted various key strategies including acquisition, expansion, and product launch to increase their market shares.
Key findings:
- By type, the Filtration Systems and Media segment was the largest revenue contributor in 2022, whereas membrane segment is anticipated to register the highest CAGR of 6.6% during the forecast period.
- By end-use industry, the municipal water treatment equipment segment was the largest revenue contributor in 2022, while infrastructure is anticipated to register the highest CAGR of 5.9% during the forecast period.
- By region, the Asia-Pacific region segment was the largest revenue contributor in 2022 and is anticipated to register the highest CAGR of 6.2% during the forecast period.
Companies Mentioned
- Calgon Carbon Corporation
- Culligan Water
- Ecolab
- General Electric
- Hydranautics
- Lenntech B.V.
- Pentair
- Suez
- Veolia
- Xylem
Methodology
The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.
They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.
They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast
Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 286 |
| Published | May 2023 |
| Forecast Period | 2022 - 2032 |
| Estimated Market Value ( USD | $ 54.3 billion |
| Forecasted Market Value ( USD | $ 93.9 billion |
| Compound Annual Growth Rate | 5.6% |
| Regions Covered | Global |
| No. of Companies Mentioned | 10 |
