With depletion of fresh water resources, the global PWWT market projected to reach over US $21 billion by 2019, says Technavio

Renewable energy

 

This market research report presents detailed segmentation of the packaged wastewater treatment market by application (municipal and industrial), technology (extended aeration, SBR, MBBR, and MBR), and by geography (Americas, EMEA, and APAC). Key findings also include an analysis of the leading vendors such as GE Water, PCS, RWL, Smith & Loveless, and Veolia.

Technavio’s market research analysts have released updated information on the waste water treatment market, with the publication of its new report, global packaged waste water treatment market. The packaged waste water treatment (PWWT) market is expected to grow at a CAGR of around 9% between 2015 and 2019, mainly driven by rising issues of water scarcity and need to reuse water.

The PWWT market in the Americas is projected to grow significantly at a rate of around 9% during the forecast period due to rapid industrialization and urbanization, encouraging the demand for wastewater treatment. The US and Canada are the market leaders in this region with the oil and gas and power generation industries being the primary users of wastewater treatment technologies.

PWWT market in the Americas 2014-2019

Source: Technavio Research

PWWT plants are easy to install and have simple operations as they are pre-engineered and factory-built. This reduces onsite construction, civil work, site labor, installation and commissioning timelines, hence are cost-effective. These plants are more suitable for small industries, residential buildings, and remote areas. Besides, they can be customized depending on the site, requirement and nature of wastewater giving better flexibility as compared to conventional wastewater treatment plants,” says Navin Rajendra, Lead Analyst, Energy, Technavio Research.

Key vendors in the global PWWT market include GE Water, PCS, RWL, Smith & Loveless and Veolia. The market is immensely diversified with the presence of large number of vendors. The increased need for water treatment in developing countries would provide opportunities for the providers in the market to expand their market shares.

This report includes an in-depth analysis and market shares and sizes of the sub-segments and geography. An analysis of the key companies, including their market shares, business overview, key financials, etc. is provided in this study. There are many key drivers, challenges, and opportunities that are discussed in detail.

A more detailed analysis is available in the Technavio report, Global Packaged Waste Water Treatment Market 2015-2019.

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