Global Market for Municipal Water Treatment Technologies to Reach $3.2 Billion in 2019
Wellesley, Mass. (PRWEB) October 24, 2014
BCC Research (http://www.bccresearch.com) reveals in its new report, Advanced Technologies for Municipal Water Treatment, the U.S. market for advanced municipal water treatment technologies is expected to reach over $3.2 billion in 2019 and register a compound annual growth rate (CAGR) of 7.4% for the five-year period of 2014 to 2019. The advanced disinfection systems segment is predicted to grow at a CAGR of 7.5%.
The U.S. market for advanced drinking water technologies is made up of membrane filtration, ozone disinfection, UV irradiation, and novel oxidation processes. It is estimated to reach nearly $2.3 billion in 2014 and is expected to progress at a CAGR of 7.4% through 2019.
The discovery that chlorine can create harmful byproducts in the presence of organics in surface water feeds has led to a range of replacement disinfectants including ozone, UV, and some novel oxidants. The market value of these advanced disinfection systems is estimated at $555 million for 2014 and is advancing at a CAGR of 7.5%. The acceptance of ozone and UV disinfection is gathering momentum as both technologies are now viewed as proven, cost effective, green technologies with distinct advantages.
“Competition between chlorine-based disinfectants and ozone or UV technologies will continue for some time, as chlorine gas is minimized or phased out,” says BCC Research analyst Susan Hanft. “Among disinfection alternatives, competition between ozone and UV treatment is and will continue to be especially intense.”
Advanced Technologies for Municipal Water Treatment provides an in-depth analysis of the market for advanced municipal drinking water treatment. Technical and market drivers are considered in evaluating the current value of the technologies and in forecasting growth and trends over the next five years.
Editors and reporters who wish to speak with the analyst should contact Steven Cumming at steven.cumming(at)bccresearch(dot)com.
About BCC Research
BCC Research publishes market research reports that make organizations worldwide more profitable with intelligence that drives smart business decisions. These reports cover today's major industrial and technology sectors, including emerging markets. For more than 40 years we've helped customers identify new market opportunities with accurate and reliable data and insight, including market sizing, forecasting, industry overviews, and identification of significant trends and key competitors. We partner with analysts who are experts in specific areas of industry and technology, providing unbiased measurements and assessments of global markets. Our clients include the top companies in industries around the world as well as universities, business schools, start-ups, consulting firms and investment companies. BCC Research is a unit of Eli Research LLC. Visit our website at http://www.bccresearch.com. Contact us: (+1) 781-489-7301 (U.S. Eastern Time), or email information(at)bccresearch(dot)com.
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