Water Treatment Equipment and Supplies: A Global Strategic Business Report
San Jose, CA (PRWEB) March 6, 2008
Dwindling water sources, growing industrialization, increased water pollution and greater attention towards water quality together offer strong growth prospects for drinking water and waste water treatment equipment according to a new report by Global Industry Analysts, Inc. The water supply and wastewater treatment industry is regulatory-driven, and characterized by intense involvement of companies in environmental laws and regulations which ultimately determine demand for their products. The overall market is poised to experience steady growth due to stringent environmental regulations. Public water departments and private companies that supply potable water are one of the major users of water treatment technology. In developed countries, the major market driver is the need to conform to regulations, whereas in developing countries, poor public health amenities and the urgent need to improve it drives the market for treatment equipment.
The U.S. is the largest market for water treatment equipment worldwide. The market is estimated at U.S. $6.3 billion in 2007 as stated by Global Industry Analysts, Inc. Europe is the second largest market followed by Asia at third position. Collectively, the U.S., Europe and Asia account for over 68 percent of the global water treatment equipment market. The global and regional markets are expected to register CAGRs ranging between 3% and 11%. Industrial water treatment equipment is projected to gross sales of about U.S. $11 billion by 2010. Municipal water treatment equipment is forecast to register a compounded annual growth rate exceeding 6%. Residential and commercial water treatment segments are expected to grow at a CAGR of 5%-5.5% over the 2001-2010 period.
The marketplace is highly fragmented, and is characterized by the presence of several small regional players and few multinational water giants. Market participants include Asahi Kasei Corporation, Aqua America Inc, BRITA, BWT AG, Calgon Carbon Corp., Culligan International, Cuno Inc, Dow Chemical Company, GE Water & Process Technologies, Groupe Novasep, Hitachi Plant Technologies Ltd, Koch Membrane Systems, Kurita Water Industries, Millipore Corp, Mitsubishi Rayon Co Ltd, Nitto Denko Corp., Norit NV, Ozonia Corp., Pall Corporation, Pentair Inc, Prominent Dosiertechnik GMBH, Siemens Water Technologies, Suez Environnement, Toray Industries, Trojan Technologies, TriSep, and Veolia Water.
"Water Treatment Equipment and Supplies: A Global Strategic Business Report" published by Global Industry Analysts, Inc., provides a comprehensive review of market trends, drivers, product profile, players, competition, recent developments, mergers, acquisitions, and other strategic industry activities. Analysis is presented for major geographic markets such as United States, Japan, France, Germany, the UK, Italy, Spain, Asia, Latin America and Middle East/Africa. Analytics are provided in terms of product segments including Industrial, Municipal, Residential, and Commercial Markets.
For more details about this research report, please visit http:// http://www.strategyr.com/Water_Treatment_Equipment_and_Supplies_Market_Report.asp.
About Global Industry Analysts, Inc.
Global Industry Analysts, Inc., (GIA) is a reputed publisher of off-the-shelf market research. Founded in 1987, the company is globally recognized as one of the world's largest market research publishers. The company employs over 700 people worldwide and publishes more than 880 full-scale research reports each year. Additionally, the company also offers a range of over 60,000 smaller research products including company reports, market trend reports, and industry reports encompassing all major industries worldwide.
Global Industry Analysts, Inc.
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