Technavio market research analysts foresee positive growth for many segments of the water and waste management industry in the next five years. In their recent findings, Technavio talks about three booming markets under the water and waste management industry that are anticipated to generate considerable revenues and grow at a consistent rate during the forecast period.
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Global Industrial Water Purifier Market 2017-2021
The modernization of social and economic lifestyles is leading to large-scale industrial production and depletion of water resources across the globe. The continuous development in industries like oil and gas, power generation, refineries, mining, construction, food and beverage, steel manufacturing, electronics, and pharmaceuticals are contributing to the contamination of water resources and boosting the requirement of industrial water purifiers. The growth in wastewater generated from industries has resulted in an increase in the water stress levels, resulting in government bodies to promote water conservation. The awareness of water conservation and reuse will drive the installation of water treatment and purification in the industrial sector. Request a sample report.
Global Ultraviolet Disinfection Equipment Market 2016-2020
The enforcement of stringent water quality laws across the world will fuel the growth in the global ultraviolet disinfection equipment market, resulting the market revenues to grow from over USD 1 billion in 2015 to almost USD 3 billion by 2020. The implementation of strict state laws and mandates to ensure quality assurance of water supplied to the household will boost the demand for ultraviolet disinfection equipment. The market is also driven by the increasing awareness about water quality improvement and the usage of the disinfection technologies. The introduction of CWA by the Environmental Protection Agency (EPA) was initiated to implement pollution control programs such as setting wastewater standards for industries which in turn will lead to the increasing adoption of disinfection technologies such as the use of ultraviolet light.
Technavio’s market analyst divided the market into drinking water, wastewater, industrial water, air treatment, and other application-based segments. Drinking water was the largest segment and accounted for more 57% of total market share in 2015. The growing awareness and government initiatives to provide safe drinking water will increase the adoption of ultraviolet disinfection equipment in the global market. Request a sample report.
Global Boiler Water Treatment Market 2016-2020
The global boiler water treatment market is witnessing the use of diagnostic tools for preventive maintenance of boilers. The use of diagnostic tools for keeping a tab on the efficiency and health of boilers will help the growth of market revenues from around USD 7 billion in 2015 to more than USD 8 billion by 2020. The systems are designed for diagnosing corrosion, scaling, and other faults on a regular basis and taking corrective measures. The new technologies introduced in the market for predictive maintenance include infrared thermography, ultrasonic noise detection, non-destructive thickness testing, and visual inspection. The end-users with the help of these treatment devices detect corrosion and make efforts to identify its underlying cause and take appropriate steps to maintain the boiler feedwater resulting in the growth of the market.
The leading vendors in the global market are offering services that help in improving the fuel efficiency of boilers and minimizing boiler energy losses. Recently, key vendor GE introduced the Solus AP all polymer technology that enables increased boiler reliability and performance. Request a sample report.
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