The Water and Wastewater Treatment Equipment Market, currently valued at USD 66.33 billion in 2022, is poised for significant expansion. Projections indicate that the market is expected to reach USD 93.40 billion by 2030, reflecting a robust Compound Annual Growth Rate (CAGR) of 4.37% over the forecast period from 2023 to 2030.
Water treatment is a crucial process aimed at preparing water for various applications, ensuring its suitability for drinking, irrigation, and industrial purposes. The treatment involves the removal of impurities to enhance water quality and reduce the risk of adverse health effects. Concurrently, wastewater treatment is essential for eliminating pollutants and mitigating environmental impacts during disposal.
Key Highlights:
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Current Valuation: The Water and Wastewater Treatment Equipment Market is presently valued at USD 66.33 billion in 2022, underscoring its pivotal role in ensuring water quality.
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Projected Growth: Projections suggest a robust trajectory, with the market anticipated to reach USD 93.40 billion by 2030. The forecasted CAGR of 4.37% highlights sustained growth over the next decade.
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Significance of Water Treatment: The water treatment process is crucial for addressing global challenges related to water scarcity, pollution, and the need for sustainable water management practices.
The Water and Wastewater Treatment Equipment Market is witnessing increased demand, driven by the growing awareness of the importance of water quality and environmental sustainability.
Key Players
The major key players are Veolia, SUEZ, DuPont, Pentair plc, Xylem Inc., Aquatech International LLC, Evoqua Water Technologies LLC, Ecolab Inc., Calgon Carbon Corp. and Other Players
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KEY MARKET SEGMENTATION
- Basis of Equipment
- Membrane Separation
- Biological
- Disinfection
- Sludge Treatment
- Others
- Basis of Process
- Primary
- Secondary
- Tertiary
- Basis of Application
- Municipal
- Industrial
Driving Factors
- Growth in developing economies.
- Rapid increasing urbanization.
- Increasing technological development..
Opportunities
- Effects on the environment caused by their removal, treatment, emissions, waste disposal, and recycling.
- Governments have enacted strict rules and regulations.
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Table of Contents
1. Introduction
1.1 Market Definition
1.2 Scope
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
3.1 Drivers
3.2 Restraints
3.3 Opportunities
3.4 Challenges
4. Impact Analysis
4.1 COVID-19 Impact Analysis
4.2 Impact of Ukraine- Russia War
4.3 Impact of Ongoing Recession
4.3.1 Introduction
4.3.2 Impact on major economies
4.3.2.1 US
4.3.2.2 Canada
4.3.2.3 Germany
4.3.2.4 France
4.3.2.5 United Kingdom
4.3.2.6 China
4.3.2.7 Japan
4.3.2.8 South Korea
4.3.2.9 Rest of the World
5. Value Chain Analysis
6. Porter’s 5 forces model
Continued...