United State- Water constitutes an essential part for community well-being. Water is a universal solvent, but solids, such as clay, fine sand, dust, and rust, are insoluble in water, resulting in cloudiness and are technically known as total suspended solids (TSS). Water treatment is carried out to decrease the TSS levels as per the end-user requirement, and hence differs depending on the factors such as TSS level, location, and application. Removal of suspended solids and microorganisms is done by differentiating the chemical, physical, and biological properties of water and its constituents. Water treatment equipment are chosen based on the properties of constituents such as density, quantity, chemical reactivity, boiling point, solubility, melting point, volatility, purity level of water, and similar others.
The market for the water treatment equipment has increased in past few years and is expected to reach $87,861 million by the end of 2022, growing with a CAGR of 6.0% from 2016 to 2022.
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This is due to increasing consumption of water, stringent government regulations regarding the TSS level, and rising industrialization worldwide. However, the higher cost of the equipment is expected to restrain the market growth during the analysis period.
The market for water treatment equipment is segmented on the basis of end user, type, and geography. Based on the type of equipment, it is categorized into process equipment, mud treatment, filtration systems & media, disinfection, diversions & screens, meters, membranes, and others. In the year 2015, process equipment occupied highest share of in the overall water treatment equipment market and is expected to maintain its lead throughout the analysis period. Process equipment are used to manage industrial effluents. Key factors driving the growth of the water treatment equipment market are the stringent regulations regarding wastewater and sludge disposal. However, the membrane type segment is expected to register highest CAGR during the analysis period.
On the basis of end user, the market is segmented into industrial and municipal. In addition, each end-user segment is further segmented into type of water to be treated as water, waste water, and sludge. In the year 2015, the municipal segment occupied three-fifth of the total market and is expected to maintain its share throughout the analysis period. Further, equipment used for the treatment of industrial sludge is expected to grow at a highest CAGR of 8.0% during the forecast period.
Geographically, the market is segmented into North America, Europe, Asia-Pacific, and LAMEA. Asia-Pacific was the highest consumer of water treatment equipment and is expected to maintain its position throughout the analysis period. In Asia-Pacific, the factors supplementing the market growth are the increasing population and rising awareness regarding consumption of safe, potable water. Major companies profiled in the report are Accepta Ltd., Ashland Inc., Calgon Carbon Corporation, Danaher Corporation, Ecolab Inc., Kemira Oyj, Veolia Environment SA, Hyflux Ltd., and The Dow Chemical Company.
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The report includes an extensive analysis of the factors driving as well as restraining the global water treatment equipment market. The market projections from 2014 to 2022 have been included along with factors affecting the same. The report also provides quantitative as well as qualitative trends to help the stakeholders in understanding the situations prevailing in the market. An in-depth analysis of key segments of the market demonstrates the stakeholders with water treatment equipment usage for different applications across various end-user industries. SWOT analysis helps in understanding the internal environment of the leading companies for strategy formulation. Competitive intelligence highlights the business practices followed by the key players across various geographies.
The COVID-19 pandemic in 2019 engulfed the world. It caused a worldwide halt. The entire global economy was affected. In addition, many people have also lost their lives. Around 252,297,094 cases and 5,091,465 deaths have been reported worldwide so far for COVID-19. The pandemic spread to almost every country in the world. In most industries, the pandemic resulted in some form of loss. As a result of the pandemic, the Water Treatment Equipment Market also experienced a slowdown. Statista estimates that the industry’s total worldwide revenue stood at approximately US$ 3.94 trillion in 2019. In 2014, the chemical industry generated revenues of US$ 5.4 trillion at a record high.
The degree of competition among prominent global companies has been developed by analyzing several leading Water Treatment Equipment Market, including market competition, market share, the most recent advancements in the industry, innovative product launches, partnerships, mergers, and acquisitions by leading companies.
A release on June 8th, 2021, by the Bureau and Economic Analysis and U.S. The Census Bureau reports the recovery of the U.S. market. The report also described the recovery of U.S. International Trade in July 2021.In April 2021, exports in the country reached $300 billion, an increase of $13.4 billion. In April 2021, imports amounted to $294.5 billion, increasing by $17.4 billion. COVID19 is still a significant issue for economies around the globe, as evidenced by the year-over-year decline in exports in the U.S. between April 2020 and April 2021 and the increase in imports over that same period of time. The market is clearly trying to recover. Despite this, it means there will be a direct impact on the Healthcare/ICT/Chemical industries.
WATER TREATMENT EQUIPMENT MARKET KEY SEGMENTS:
World Water Treatment Equipment Market, By Type
Process Equipments Mud Treatment Filtration Systems & Media Disinfection Diversions & Screens Meters Membranes Others
World Water Treatment Equipment Market, By End User
Industrial Water Waste Water Sludge Municipal Water Waste Water Sludge
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World Water Treatment Equipment Market, By Geography
North America U.S. Canada Mexico Europe Germany Italy France UK Others Asia-Pacific China India Others LAMEA Brazil Argentina Saudi Arabia Others
Key Questions Answered in the Market Report
• How did the COVID-19 pandemic impact the adoption of by various pharmaceutical and life sciences companies? • What is the outlook for the impact market during the forecast period 2021-2030? • What are the key trends influencing the impact market? How will they influence the market in short-, mid-, and long-term duration? • What is the end user perception toward? • How is the patent landscape for pharmaceutical quality? Which country/cluster witnessed the highest patent filing from January 2014-June 2021? • What are the key factors impacting the impact market? What will be their impact in short-, mid-, and long-term duration? • What are the key opportunities areas in the impact market? What is their potential in short-, mid-, and long-term duration? • What are the key strategies adopted by companies in the impact market? • What are the key application areas of the impact market? Which application is expected to hold the highest growth potential during the forecast period 2021-2030? • What is the preferred deployment model for the impact? What is the growth potential of various deployment models present in the market? • Who are the key end users of pharmaceutical quality? What is their respective share in the impact market? • Which regional market is expected to hold the highest growth potential in the impact market during the forecast period 2021-2030? • Which are the key players in the impact market?
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