Water And Wastewater Treatment Equipment Market Is Expected To Promote Growth During The Forecast Period

 Water And Wastewater Treatment Equipment Industry Overview

The global water and wastewater treatment equipment market size was valued at USD 53.24 billion in 2021 and is expected to expand by a compound annual growth rate (CAGR) of 5.1% from 2022 to 2030. The market is anticipated to reach USD 84.58 billion by 2030 according to a new report by Grand View Research, Inc. increasing demand for clean water owing to rapid urbanization and industrialization coupled with infrastructural developments in the water management industry is anticipated to drive the market growth during the forecast period.

 

Wastewater and its discharge sludge contain several valuable resources, including phosphorus, and nitrogen, which can be recovered and reused to preserve threatened resources. Thus, a rising focus on reducing water consumption by reusing wastewater to ensure resource efficiency and support a globular economy is likely to open new avenues for market growth.

Rapid technological developments in the global industry are expected to positively influence short- as well as long-term modifications at water & wastewater management facilities. Market players are increasingly focusing on integrating advanced technologies to develop more efficient and effective solutions for water management, thereby driving the product demand.


Water And Wastewater Treatment Equipment Market Segmentation

Grand View Research has segmented the global water & wastewater treatment equipment market based on the equipment, process, application, and region:

Based on the Equipment Insights, the market is segmented into Membrane Separation, Biological, Disinfection, Sludge Treatment, and Others.

  • The membrane separation segment dominated the market in 2021, accounting for 19.81% of global sales. This segment is predicted to expand at the quickest CAGR from 2022 to 2030. Membrane separation is a physical treatment procedure that includes passing high-pressure feed water through a semi-permeable membrane to extract certain components from the solution.
  • Biological treatment is usually a secondary process used to remove the remaining contaminants after primary treatment. Stringent regulations aimed at controlling water pollution in the manufacturing and municipal sectors by the utilization of eco-friendly means.
  • The sludge treatment segment is expected to witness the second-highest CAGR during the forecast period. These systems include sludge drying, screening, thickening, and dewatering. Sludge screening equipment is used to remove solids, such as plastics, fibers, and hair, to prevent the disruption of subsequent sludge treatment processes.

 

Based on the Process Insights, the market is segmented into Primary, Secondary, and Tertiary.

  • The tertiary treatment process segment led the market in 2021 accounting for over 43.0% share of the global revenue and is expected to expand further at the fastest CAGR of 5.3% from 2022 to 2030. Tertiary treatment is used to improve effluent quality before it is reused or discharged into the environment.
  • The secondary treatment process segment is expected to register the second-fastest CAGR of 5.1% from 2022 to 2030. Secondary treatment is used mainly for removing the soluble organic matter and chemicals, such as phosphorus and nitrogen, using trickling filters, bio-towers, rotating biological contactors, and activated sludge systems.
  • A membrane bioreactor is an advanced treatment system that integrates the conventional biological treatment processes, such as the activated sludge process with membrane filtration, to provide more efficient and effective removal of organic and suspended solids. The solid-liquid filtration is achieved by using microfiltration or ultrafiltration membranes. 

 

Based on the Application Insights, the market is segmented into Municipal, and Industrial.

  • Municipal wastewater treatment facilities are primarily used to protect water resources and natural aquatic systems by eliminating Effluent Organic Matter (EfOM), pathogens, and nutrients from wastewater. Rising awareness pertaining to wastewater treatment and the increasing government focus on improving water and wastewater treatment infrastructure across the globe are expected to boost the segment growth during the forecast period.
  • The industrial application segment is likely to witness the fastest CAGR of 5.3% during the forecast period. This segment provides a wide application scope for fresh and processed water in several industries. Rapid industrialization, technological developments, and an increasing number of production units result in high demand for fresh and processed water. The aforementioned factors are anticipated to augment the product penetration in the industrial segment.

 

Water And Wastewater Treatment Equipment Regional Outlook

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa (MEA)

 

Key Companies Profile & Market Share Insights

The market is characterized by the presence of both multinational and regional players that are engaged in the designing, manufacturing, distribution, and installation of a wide range of products. Major companies have invested heavily in R&D initiatives.  They are furthermore focusing on integrating advanced technologies to develop more effective and efficient solutions, which can be utilized in the market.

Veolia, IAGE (a startup), and the IPMC (CNRS-Université Côte d'Azur) continue to work together to improve Vigie COVID-19, a groundbreaking method for quickly detecting and computing the COVID-19 virus, particularly in wastewater.

This approach was introduced first in September 2020. It has already allowed researchers to spot and calculate the Alpha, Gamma, and Beta variants, as well as the dangerous delta variant last year and the new Omicron variant presently.

As the water and wastewater treatment equipment is widely used in industrial and municipal sectors, companies are focusing on its economical scope. Market participants are forming partnerships with manufacturing companies to provide technical expertise in sectors, such as food & beverages and oil & gas.

The market is undergoing some strategic changes. For instance, in May 2022, Séché Environnement and Veolia entered into an agreement. Séché Environnement has agreed to take over a portion of Veolia's industrial water treatment services business in France. Some of the prominent players in the global water and wastewater treatment equipment market include:

  • Veolia
  • Pentair plc
  • DuPont
  • SUEZ
  • Xylem Inc.
  • Aquatech International LLC
  • Ecolab Inc.
  • Evoqua Water Technologies LLC
  • Calgon Carbon Corp.

 

Order a free sample PDF of the Water And Wastewater Treatment Equipment Market Intelligence Study, published by Grand View Research.

 

About Grand View Research

Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research Helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.

 

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