Technavio, a tech-focused market research firm, has published a new report on the global industrial water purifier market, which is expected to grow at a CAGR of close to 6% during the forecast period, 2017-2021.
Based on geographical segmentation, Technavio market researchers categorize the global industrial water purifier market into the following key regions: The Americas, APAC, and EMEA.
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Top three contributors for the global industrial water purifier market are elaborated below
Industrial water purifier market in the Americas: The market for industrial water purifiers in the Americas is led by North American countries, owing to the presence of chemicals, food and beverage, textile, paper, and metal industries in the region. During the forecast period, the market for industrial water purifiers is projected to grow in tandem with the growth of these industries.
According to Thanikachalam Chandrasekaran, a lead analyst at Technavio, specializing in research on water and wastewater management, “The need to adhere to stringent legislations pertaining to water purification, especially in countries such as the US and Canada, will function as an incentive for the growth of the market in the Americas over the next four years.”
Industrial water purifier market in EMEA: The market for industrial water purifiers in EMEA is fueled primarily by demand from the refining, petrochemicals, power, and food and beverage processing industries. The industrial water purifier market in EMEA is anticipated to experience moderate growth between 2017 and 2021, driven by the shifting focus to renewable energy generation.
Industrial water purifier market in APAC: Factors such as the rise in demand for electricity and accelerating infrastructural development in the region are the driving forces behind the growth of the industrial water purifier market in APAC. China, India, Australia, South Korea, Taiwan, Singapore, and Japan constitute the key revenue generating countries in the region.
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The leading vendors operating in the global industrial water purifier market are:
- GE Water & Process Technologies
- Lenntech
- Pall
- Veolia
Other prominent vendors in the market include Aquatech, Calgon Carbon, ChemTreat, Danaher, Evoqua Water Technologies, ENGIE, NALCO Water, Outotec, RWL Water, and WTE Infra Projects.
A more detailed analysis is available in the Technavio report titled, ‘Global Industrial Water Purifier Market 2017-2021’. Technavio also customizes reports by other regions and specific segments upon request.
Other related reports:
- Global Water Purifier Market 2016-2020
- Global Boiler Water Treatment Market 2016-2020
- Global Residential Water Treatment Equipment Market 2016-2020
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