Water Treatment Market 2022 | Current and Future Demand, Analysis, Growth and Forecast By 2029
The global water treatment market is projected to grow 6% in 2019 and reach a total valuation of ~US$ 48,951.8 million from ~US$ 46,162.7 million in 2018 as per the recent report published by Future Market Insights. Demand for potable water, changing government regulations, and awareness of the negative impact of untreated water are tipped to be the primary growth drivers of the global water treatment market.
At present North America and Europe
lead the pack in global water treatment system market, collectively capturing
about 45% revenue share.
The US Environment Protection
Agency (EPA) has introduced Safe Drinking Water Act of 1974 that defines
criteria for quality of drinking water supplied. Coupled with its peers, the
agency implements several technical and financial programs to protect residents
from imminent threat of infections. Such trends are likely to benefit the North
America water treatment system market in the coming years.
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About 97% of households in western
and central Europe are connected waste water treatment facilities, while the
number drops to around 70% in southern, south-eastern and eastern Europe. That
said, urban waste water treatment currently are focusing on addressing
challenges such as changes in demographics, climate change, and emergence of
pollutants, thereby, attracting huge attention of stakeholders.
In the current scenario, North
America and MEA are expected to dominate the global water treatment market in
terms of market share. However, the report suggests that the market in East
Asia will witness a commendable growth through the forecast period 2019-2029.
Currently, the market value of the water treatment market in East Asia is ~ US$
10,065.6 million and expected to reach US$ 24,376.9 million by the end of 2029
growing at a CAGR of around 9.2% throughout the forecast period. The growth is
projected to be primarily driven by focus on enhancing water quality and
striking a balance between the demand and supply ratio.
Key Players:
3M; Koninklijke Philips N.V.;
Pentair PLC; Panasonic Corporation; Unilever PLC; LG Electronics; EcoWater
Systems; A.O. Smith; Culligan International Company
Water networks in Asia Pacific
(APAC) are getting more complicated and extensive due to climate change, rapid
urbanization, non-revenue water, and underdeveloped or ageing water
infrastructure. Such challenges are translating into action items including,
optimizing the performance of existing supply systems, planning and running
water facilities, and managing ever-growing water demand.
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By Segmentation:
By System Type
- Preliminary Treatment
- Water Treatment
- Membrane Bio-Reactor (MBR)
- Reverse Osmosis (RO)
- Micro-Filtration (MF)
- Nano/Ultra Filtration (NF/UF)
- Disinfectants (UV, Ozone)
- Sludge treatment
- Activated Sludge
- Sludge Thickening & Dewatering
- Sludge Drying
- Other Sludge Treatment Technology
By Application
- Process Water/ Water Treatment
- Waste Water Treatment
- Zero Liquid Discharge
- Desalination
By End Use
- Residential Buildings
- Commercial Buildings
- Municipality
- Industrial
- Chemical & Petrochemicals
- Oil & Gas
- Mining & Metals
- Food & Beverage
- Pharmaceuticals
- Thermoelectric Power Plants
- Semiconductors
- Pulp & Paper
- Sugar Mills
- Textiles
- Leather
By Region
- North America
- Latin America
- Europe
- East Asia
- South Asia & Pacific
- Middle East
- Africa
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