Rising Industrial Production Drives the Global Water and Wastewater Treatment Equipment Market, According to New Report by Global Industry Analysts, Inc.
San Jose, California (PRWEB) July 24, 2014 -- Water and wastewater treatment refers to enhancing the quality of water by eliminating contaminants, solid particles and disease causing microorganisms through the use of various technologies. While advanced technologies include reverse osmosis, ultraviolet, and ozonation disinfection, conventional water processing technologies include chlorination, ion exchange, and pre-treatment. Expanding global population and subsequent focus on industrialization are the key factors fuelling growth in the global water treatment equipment market. Water treatment equipment manufacturers are also set to gain from the pent up demand following underinvestments in infrastructure by municipalities and private sector in recent years.
While growing population is driving demand for water treatment equipment worldwide, economic development along with fast-paced urbanization especially in emerging countries is spurring the need for efficient water management solutions, including water treatment equipment. Moreover, resurgence in the global manufacturing sector is benefiting demand, as expanding production in various industries promotes the need for water and wastewater treatment, given the growing need for water conservation, and tightening environmental regulations. Replacement of old water infrastructure in regions such as the United States is also aiding market growth.
The municipal segment is the leading end-use sector with demand driven by growing need for high quality potable water, especially in urban areas. Increased use of equipment such as activated carbon systems, membrane systems, and disinfection equipment to enhance quality of drinking water is also aiding demand in the segment. The water treatment equipment market is also gaining impetus from surging activity in the oil & gas sector, as water generated during the production of oil is increasingly being reused. Growing interest in the production of shale gas around the world is particularly expected to fuel demand for water treatment equipment due to the attractive opportunity to treat wastewater generated from the hydraulic fracturing process as well as produced water generated from shale formation.
Demand for water disinfection is on rise, led by growing popularity of technologies such as ultraviolet disinfection. UV treatment is gaining over chlorination as it does not suffer from the disadvantages of chlorination, and the process is also relatively efficient and economical. Demand for membrane treatment is also surging for industrial water and wastewater treatment led by growing focus on water reuse, particularly in developed countries, and the growing need for quality water. Rising standards for supply and process water in production and other such industrial applications will also spur demand for membrane equipment. Desalination technologies which convert seawater water into fresh potable water are also gaining demand, owing to the declining fresh water resources. Zero liquid discharge system is another technology growing in popularity in the market for emission and effluent free recycling of wastewater generated by a facility.
As stated by the new market research report on Water and Wastewater Treatment Equipment, the United States represents the largest market worldwide. Asia-Pacific ranks as the fastest growing market with a CAGR of 7.7% over the analysis period, with demand driven by growing population, fast-paced urbanization, increased access to sanitation facilities and treated drinking water, and expansion of the manufacturing sector.
Major players covered in the report include 3M Purification Inc., Asahi Kasei Group, Aquatech International Corporation, The Best Water Technology Group, Calgon Carbon Corporation, Culligan International Company, Ecolab, Inc., GE Water & Process Technologies, Hyflux Ltd., Kurita Water Industries Ltd., Mitsubishi Rayon Co. Ltd., Norit Nederland B.V., Pall Corporation, Pentair, SUEZ ENVIRONNEMENT, Toray Industries, Inc., Veolia Water Solutions & Technologies S.A., and Xylem, among others
The research report titled “Water and Wastewater Treatment Equipment: A Global Strategic Business Report” announced by Global Industry Analysts Inc., provides a comprehensive review of current market trends, key growth drivers, mergers, acquisitions, other strategic industry activities of major global and regional players. The report provides market estimates and projections for all major geographic markets, including the US, Canada, Japan, Europe (France, Germany, Italy, UK, Spain, Russia and Rest of Europe), Asia-Pacific (China, India, and Rest of Asia-Pacific), Latin America (Brazil, Mexico and Rest of Latin America), and Middle East/Africa markets. Also, a six-year (2006-2012) historic analysis is provided for an additional perspective. End-Use sector analysis includes Industrial, Municipal, Residential and Commercial.
For more details about this comprehensive market research report, please visit –
http://www.strategyr.com/Water_Treatment_Equipment_and_Supplies_Market_Report.asp
About Global Industry Analysts, Inc.
Global Industry Analysts, Inc., (GIA) is a leading publisher of off-the-shelf market research. Founded in 1987, the company currently employs over 800 people worldwide. Annually, GIA publishes more than 1300 full-scale research reports and analyzes 40,000+ market and technology trends while monitoring more than 126,000 Companies worldwide. Serving over 9500 clients in 27 countries, GIA is recognized today, as one of the world's largest and reputed market research firms.
Global Industry Analysts, Inc.
Telephone: 408-528-9966
Fax: 408-528-9977
Email: press(at)StrategyR(dot)com
Web Site: http://www.StrategyR.com/
Raghu Gopal, Global Industry Analysts Inc, +1 408-528-9966, [email protected]
Share this article