Global Water And Wastewater Treatment Equipment Market by Application (Industrial, Municipal), by Process (Tertiary, Primary) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast To 2028

Summary of the Report

Global water and wastewater treatment equipment market was valued at USD 61.6 billion in 2020. It is projected to grow at a compound annual rate (CAGR of 4.0%) between 2021 and 2028. The forecast period will see a rise in product demand due to increasing urbanization and industrialization as well as diminishing freshwater resources. Market growth will be driven by rising environmental concerns and the need to adhere to strict government regulations regarding water & wastewater treatment around the world. Market growth is expected to be driven by increasing investments in wastewater treatment plants.

Because of its well-developed wastewater treatment infrastructure and strict regulations regarding effluent discharge, the U.S. was the dominant North American regional market in 2020. The market will also grow due to the increasing need to upgrade the infrastructure.

The demand for water has increased due to rapid urbanization, technological advances, infrastructure development, population growth, and an increase in the number of people. To meet this growing demand, wastewater treatment and reuse is being increasingly looked at due to limited freshwater resources. This will boost market growth during the forecast period.

Globally, advanced components have been developed, such as membranes and filter. These components offer higher functional efficiency and last longer. The market will be driven by rising demand for clean water and development of advanced components to deal with effluents from oil & natural gas and manufacturing industries.

Many government agencies have enacted strict regulations on wastewater emissions from the municipal and industrial sectors. This will increase product demand over the coming years. The high costs associated with wastewater treatment plant operation, monitoring, and maintenance will likely limit market growth.

Equipment Insights

The membrane seperation segment dominated the market, accounting for 19.7% global revenue share in 2020. This segment will experience the fastest CAGR between 2021 and 2028. Membrane separation can be described as a physical treatment technique in which feed water is forced through a semipermeable membrane at high pressure to separate certain materials from the solution. Membrane separation has many advantages over existing methods, including a small area of operation and high filtration efficiency.

Biological treatment is a secondary process that removes contaminants from water after primary treatment. The use of eco-friendly methods in developed markets such as the U.S. and Canada to control water pollution will increase the need for biological treatment equipment.

Over the forecast period, the sludge treatment segment will see the second-highest CAGR. These systems include sludge screening and drying, dewatering and thickening. To prevent the destruction of any subsequent sludge treatment, sludge screening equipment is used.

Ultraviolet (UV) is one of the most common disinfection methods. A UV system is a UV light source placed within a transparent protective shell. The UV rays penetrate the water supply as the water flows through the flow chamber. They kill bacteria and activate viruses.

Process Insights

In 2020, the market was led by the tertiary process segment. It accounted for more than 43% of global revenue share. The market will continue to grow at the fastest CAGR between 2021 and 2028. Tertiary treatment improves effluent quality before it can be reused or released into the environment. This process removes inorganic compounds and compounds, viruses and bacteria, as well as parasites.

Primary treatment is used to separate floating materials from the effluent. The treatment of wastewater involves the use of multiple tanks and filters to separate contaminants from water. High market visibility and low operating costs are expected to play an important role in expanding the scope of primary treatment.

From 2021 to 2028, the secondary treatment segment will experience the second fastest CAGR at 4.0%. Secondary treatment is used to remove soluble organic matter and chemicals. It uses trickling filters and bio-towers as well as rotating biological contactors and activated sludge system. Secondary treatment can be either aerobic or anaerobic.

A membrane bioreactor, an advanced treatment system, combines the traditional biological treatment processes (e.g. activated sludge) with membrane filtration to remove organic and suspended solids more efficiently. Microfiltration and ultrafiltration membranes are used to achieve solid-liquid separation.

Application Insights

The market's largest segment, the municipal application segment, accounted for 66.1% global revenue share in 2020. The growing urban population and favorable government policies that promote infrastructure development will likely increase product demand for the municipal sector, particularly in developing markets such as Brazil, China, India, or India.

Municipal wastewater treatment plants are used to protect water resources, natural aquatic systems and eliminate Effluent Organic Matter (EfOM), bacteria and nutrients from wastewater. The segment is expected to grow due to increased awareness and government attention to wastewater treatment.

In the forecast period, the industrial application segment will see the fastest CAGR at 4.1%. This segment offers a broad range of applications for fresh and processed waters in many industries. High demand for fresh and treated water is a result of rapid industrialization, technological advancements, and an increase in production units. These factors will increase product penetration in the industrial segment.

Environmental deterioration has been caused by untreated and poorly treated industrial wastewater effluents. This is due to rapid urbanization and increasing industrial activity. The segment is expected to grow due to increasing awareness of environmental degradation and stricter regulations regarding the discharge of industrial effluents into water bodies.

Regional Insights

Asia Pacific dominated the global market, accounting for 33.9% of total revenue in 2020. It is expected that the regional market will expand at a faster CAGR of between 2021 and 2028. Market growth will likely be influenced by the rapid expansion of the manufacturing sector and increased investments in wastewater management. The growing residential population in the region will increase product penetration at municipal wastewater facilities. The market growth is expected to be supported by strict federal and state wastewater regulations in the United States. This is in addition to increasing infrastructure upgrades. The market growth in North America will be boosted by the increased oil and gas exploration in the U.S.

Over the forecast period, Europe's market is expected to experience significant growth. Water Framework Directive (WFD), Urban Wastewater Treatment Directives (UWWTD), as well as the Drinking Water Directive are expected to drive up spending on water and wastewater treatment equipment. Brazil's water pollution problem is both a health and environmental concern. Water pollution is mainly caused by industrial waste, sewage and leaky landfills. Consequently, the demand for products in the Central & South American regional market is expected to rise due to rising concerns about water contamination.

Market Share Insights & Key Companies

Multinational and local players are present in the market, which is characterised by their involvement in designing, manufacturing distribution and installation of a wide variety of products. Companies have made significant investments in R&D and are now focusing on the integration of advanced technologies to create more efficient and effective solutions that can be used across the market. The economies of scale are another reason companies are focusing on, as water and wastewater treatment equipment is used extensively in both the municipal and industrial sectors. To provide technical expertise in specific sectors such as oil & gas and food & beverage, market participants have formed partnerships with industrial companies. The following are some of the major players in the global market for water & wastewater treatment equipment:

• Veolia

• SUEZ

• DuPont

• Pentair plc

• Xylem Inc.

• Aquatech International LLC

• Evoqua Water Technologies LLC

• Ecolab Inc.

• Calgon Carbon Corp.

Up Market Research published a new report titled “Water And Wastewater Treatment Equipment Market research report which is segmented by Application (Industrial, Municipal), by Process (Tertiary, Primary), By Players/Companies Pentair plc, Ecolab Inc, Evoqua Water Technologies LLC, SUEZ, DuPont, Calgon Carbon Corp, Xylem Inc, Veolia, Aquatech International LLC”. As per the study the market is expected to grow at a CAGR of XX% in the forecast period.

Report Scope

The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.

Global Water And Wastewater Treatment Equipment Market Report Segments:

The market is segmented by Application (Industrial, Municipal), by Process (Tertiary, Primary).

Water And Wastewater Treatment Equipment Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.

Key Benefits for Industry Participants & Stakeholders:

• Industry drivers, restraints, and opportunities covered in the study
• Neutral perspective on the market performance
• Recent industry trends and developments
• Competitive landscape & strategies of key players
• Potential & niche segments and regions exhibiting promising growth covered
• Historical, current, and projected market size, in terms of value
• In-depth analysis of the Water And Wastewater Treatment Equipment Market

Overview of the regional outlook of the Water And Wastewater Treatment Equipment Market:

Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.

Highlights of The Water And Wastewater Treatment Equipment Market Report:

1. The market structure and projections for the coming years.
2. Drivers, restraints, opportunities, and current trends of Water And Wastewater Treatment Equipment Market.
3. Historical data and forecast.
4. Estimations for the forecast period 2028.
5. Developments and trends in the market.

                1. Industrial

                2. Municipal

                1. Tertiary

                2. Primary

8. Market scenario by region, sub-region, and country.
9. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
10. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
11. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Water And Wastewater Treatment Equipment Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.

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Reasons to Purchase the Water And Wastewater Treatment Equipment Market Report:

• The report includes a plethora of information such as market dynamics scenario and opportunities during the forecast period
• Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) data.
• Regional, sub-regional, and country level data includes the demand and supply forces along with their influence on the market.
• The competitive landscape comprises share of key players, new developments, and strategies in the last three years.
• Comprehensive companies offering products, relevant financial information, recent developments, SWOT analysis, and strategies by these players.