NEW YORK, April 20, 2018 (GLOBE NEWSWIRE) -- The global water clarifiers market is expected to witness a CAGR of 6.4%, and is projected to reach USD 4,788.7 million by 2024. This growth is attributed to the augmenting environmental concerns compliant to safe environmentally treatment system. Moreover, the growing usage in different industrial application is expected to fuel the demand.
Water clarifiers being an integral part of water treatment have been employed in industrial systems and is highly effective in minimizing the equipment needed for water and waste water treatments. Clarifier utilization as part a total treatment system involving other equipment such as coalescing plate separators, DAF, oil skimmers or filtration systems promotes installation and integration into a wider treatment system across various industry.
Municipality drives the market exhibiting the highest growth rate over the forecast period
Water clarifiers ability to efficiently treat algae, phosphorus, heavy metals, oil & grease, particle counts, crypto giardia and coliforms makes them key component for municipal water treatment applications. Water clarifiers can also be used on the water without any chemical treatment preserving the environment and complies with stringent regulations. Further, low field installation costs has resulted to larger adoption by municipalities in remote locations augmenting the overall market growth.
Water Clarifier Market - Regional insight
North America being a key market holds major share of the global water clarifiers market in 2017. Installation of proper water treatment channel by various industries including power generation, metal & mining, oil and gas and municipal water in order to compliance to stringent norms is boosting the demand for water clarifiers in the region. Asia Pacific is expected to register high growth over the forecast period. The growth in the region is owned to large and growing industrial infrastructure in developing economies such as China and India. Further, rapid urbanization is creating pressure on the existing water infrastructure, demanding proper treatment of wastewater, thus creating higher demand for water clarifiers in the region.
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Key findings from the report:
- The global water clarifier market is likely to reach USD 4,788.7 million by 2024
- The Municipal waste water treatment holds the major share of the market in 2017, and the trend is expected to continue over the forescast period.
- The consumption of water clarfiers in Municipal water treatment application is expected to exhibit the fastest CAGR from 2018 to 2024.
- North America held the largest share of the industry and is expected to continue its dominance over the forecast period
- Asia-Pacific region is anticipated to witness the highest CAGR over the forecasted period
- Some of the key companies operating in the market include SUEZ (GE), Pentair, Evoqua, Veolia Water, Murugappa, Aquatech International, WesTech Engineering, Ovivo, Hydro International, SAVI among others.
- SUEZ NWS and SE Environment1 signed an agreement in order to establish the joint venture SE SUEZ Environmental Technology2, which would be in charge of managing the “Shangyang Project” for the treatment and recovery of sludge in the city of Shenzhen for a contract duration of 30 years.
By Type
- Cationic
- Anionic
- Nonionic
By Design
- Rectangular
- Circular
By Application
- Pre-Treatment
- Portable water treatment
- Waste water treatment
- Waste water recovery
- Utility feed water
By Plant Type
- Primary
- Secondary
By End-Use
- Power generation
- Mining
- Municipal
- Food processing
- Pulp and paper
- Oil and Gas
- Others
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