The global industrial water treatment equipment is currently valued at USD 32 billion and is expected to reach around USD 43 billion by 2021, says Technavio.
Technavio has announced its latest market research report on the global industrial waste water treatment equipment market, under its water and waste management portfolio. This market analysis discusses the major drivers and key emerging trends and offers an analysis of key vendors like Lenntech, NALCO, Pall, and Veolia.
According to Sharan Raj, a lead analyst for water and waste management research at Technavio, “The rise in the extraction of water from aquifers is resulting in the rapid-depletion of fresh water resources. The drop in levels of fresh water is spurring increased focus on the treatment of water. This trend is especially prominent in countries such as Brazil, Russia, China, Canada, Indonesia, the US, Colombia, India, and the Democratic Republic of Congo.”
According to Technavio research analysts, climate changes are altering the regional distribution of freshwater supplies. Factors such as growing demand for water from the commercial sectors, overexploitation of groundwater supplies, rising pollution, water wastage, and emerging construction activities are fueling the growing water scarcity, thereby propelling the need for water treatment equipment.
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Advances in membrane technology
Membrane technologies meet sustainability criteria regarding environmental impacts, ease of use, land usage, adaptability, and flexibility apart from addressing issues pertaining to energy and water scarcity. Some membrane technologies such as wastewater treatment by MBR, desalination by RO and membrane-based fuel cells are already being applied across industry segments on a large scale.
Growing benefits of plastic pipes used in wastewater treatment equipment
The use of plastic pipes in wastewater treatment equipment in the on the rise owing to its many advantages when compared to metal pipes. The most important among them is that there is no electrochemical corrosion. Plastic pipes are also lighter in nature in comparison with pipes made of other metals. Increasing awareness about the several advantages of plastic pipes is propelling their adoption in wastewater treatment equipment.
This research 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. This market study also provides a detailed analysis of key drivers, challenges, and opportunities influencing this market.
A more detailed analysis is available in the Technavio report titled, ‘Global Industrial Water Treatment Equipment Market 2017-2021’. Technavio also customizes reports by other regions and specific segments upon request.
Other related reports:
- Global Industrial Water Purifier Market 2017-2021
- Global Water and Wastewater Management Market for the Mining Sector 2017-2021
- Global Ultraviolet Disinfection Equipment Market 2016-2020
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