Global Water Treatment Systems Market is valued approximately at USD 25.5 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 7.00% over the forecast period 2022-2028. Wastewater treatment is a step of the process that converts wastewater into an effluent that may be returned to the water cycle with minimal environmental effect (in compliance with impurity concentrations set by international and national standards) or utilized directly. The growing industrialization and increasing residential & non-residential construction activities have led to the adoption of water treatment systems across the forecast period. With rapid industrialization there is increase in demand for clean water plant for the various end uses. As per the IBEF in INDIA In September 2021, the Ministry of Road Transport and Highways constructed national highways extending 3,824 kms compared with 3,950 kms in September 2020. Increased industrialization in developing countries, 34.7 per cent of small-scale industries (manufacturing and services) benefit from loans or lines of credit. However, only 22.9 per cent of small-scale industries in sub-Saharan Africa received loans or lines of credit, compared with almost half in Latin America and the Caribbean, according to recent data. Also, with the scarcity of clean water and lack of government initiatives the adoption & demand for Water Treatment Systems is likely to increase the market growth during the forecast period. However, high cost of installation and rising awareness among the peoples impedes the growth of the market over the forecast period of 2022-2028.
The key regions considered for the Global Water Treatment Systems Market study includes Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading region across the world in terms of market share owing to the technological advancement in water treatment. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate over the forecast period 2022-2028. Factors such as rising demand for clean drinking water and growing awareness about the importance of water treatment would create lucrative growth prospects for the Water Treatment Systems Market across Asia-Pacific region.
Major market player included in this report are:
Watts Water Technologies Inc.
3M Company (U.S.),
Honeywell International Inc. (U.S.),
Calgon Carbon Corporation (U.S.),
Pentair plc. (U.K.),
The Dow Chemical Company (U.S.),
Best Water Technology AG (Austria),
Danaher Corporation (U.S.)
Culligan International
General Electric
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Application:
Residential
Non-residential
Commercial
Industrial
Healthcare
Educational Institutes
Others
By Technology:
Water Softeners
Reverse Osmosis Systems
Distillation Systems
Disinfection Methods
Filtration Methods
Others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year - 2018, 2019, 2020
Base year - 2021
Forecast period - 2022 to 2028
Target Audience of the Global Water Treatment Systems Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors