Acumen Research and Consulting, a global provider of market research studies, in a recently published report titled “Water and Wastewater Treatment Equipment Market (By Equipment: Membrane Separation, Biological, Disinfection, Sludge Dewatering, Others; By Application: Municipal Waste, Industrial Waste; By Process: Primary Treatment, Secondary Treatment, Tertiary Treatment; By Texture: Smooth, Textured) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2018 - 2026”.
LOS ANGELES, March 26, 2019 (GLOBE NEWSWIRE) -- According to Acumen Research and Consulting the global Water and Wastewater Treatment Equipment market is forecasted to grow at a stable CAGR around 4% during the forecast period 2018 to 2026 reach the market value around USD 38 billion. According to the report named “Water and Wastewater Treatment Equipment Market” - Global Industry Analysis, Growth, Share, Size, Trends and Forecast, 2018-2026”, Increasing concerns in regards to side-effects, synthetic concoctions, and contaminants in supply water and wastewater combined with severe manufacturing necessities in processed water are key elements driving the market. In addition, water and wastewater treatment advancements is a fundamental advance in oil and gas industry, given the harmful arrival of synthetics alongside different contaminants amid the extraction procedure. Furthermore, in the mining business, water treatment technologies, for example, turn around assimilation is extensively used as it essentially helps in water desalination, in this way giving unadulterated and clean drinking water for miners. Switch assimilation is profoundly helpful in the reusing of water that is utilized in mining industry, which is only useful for applications, for example, metal slurry forms.
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Type and Application Outlook
Based on equipment, the market is sectioned into membrane separation, disinfection, biological, and sludge dewatering. As far as income, membrane separation section was esteemed at over USD 6 billion in 2018 and is anticipated to represent the biggest piece of the overall industry over the estimate time frame. Based on application, industrial waste segment was valued at USD 21.86 billion in 2018 and is expected to reach USD over 28 billion over the forecast period. The establishment of new production units in emerging markets including Mexico, Brazil, China, India, Thailand, Saudi Arabia, and Iran is expected to play a key role in increasing the industrial application. Growing population and rapid urbanization are expected to augment fresh water consumption and generation of municipal waste. This factor is projected to propel the demand for water and wastewater treatment equipment in near future. In view of application, industrial waste fragment was esteemed at USD around 22 billion in 2018 and is anticipated to reach USD over 28 billion over the estimate time frame. The foundation of new production units in developing markets including Mexico, Brazil, Thailand, China, India, Saudi Arabia, and Iran is likely to assume a key role in expanding the industrial application. Developing populace and quick urbanization are anticipated to increase new water utilization and age of city squander. This factor is anticipated to move the stipulate for water and wastewater treatment equipment in near future.
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Stringent Norms to Play a Crucial Role in APAC and Developed Regions
Quickly expanding disposal of the wastewater from industrial area is likely to drive Asia-Pacific market. Compact water shortage with fast industrialization in emerging countries, for example, Japan, China, and India are different variables driving APAC market. Stringent standards and guidelines in Japan in regards to water treatment issues is anticipated to altogether drive water and wastewater treatment equipment in the locale. Japan has been concentrating on successful water the board frameworks and water-sparing advancements, by methods for diminishing water spillage rate in local use and by advancing reusing of modern water. Flooding ventures by China, Singapore, and India in industrial and municipal wastewater treatment divisions additionally drives Asia-Pacific water and wastewater treatment equipment market. Korea, for example, is concentrating on expanding appropriation of the drinking water treatment answer for improving assets just as conveying the inhabitants with high-immaculateness water. Filtration equipment, for example, table-top compact filters is probably going to increase huge traction in municipal application, prompting improvement of industry-explicit water and wastewater treatment equipment.
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MEA water and wastewater treatment equipment market is likely to exhibit alluring development with rising deficiency in water management and expanding outbreak of diseases, for example, cholera. North America and Europe are required to encounter higher interest for water and wastewater treatment equipment attributable to stringent standards worried to the industrial wastewater release in water bodies. Additionally, rising gas exploration exercises and developing interest of the industrial water reuse further boost North America water and wastewater treatment equipment market.
Market Players
The company profiling of key players in the market includes major business strategies, company overview and revenues. Key industry participants include Veolia Environment SA; Suez Environment SA; Xylem Inc.; DowDuPont Inc; Evoqua Water Technologies.; Ecolab Inc.; Aquatech International; Pentair Plc.; Calgon Carbon Corporation; and 3M.
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