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Based on the product type, the market is segmented into Surface Aerators, Submerged Aerators, Mechanical Aerators, and Floating Aerators. Surface Aerators, employing technologies such as impellers and propellers to agitate water at the surface, play a crucial role in enhancing oxygen transfer. This may likely to reach around USD 900 million in 2032. Among these segments, the submerged aerators segment has historically held the largest share, reflecting their widespread use in various industrial applications, wastewater treatment plants, and municipal water bodies primarily due to their high efficiency in oxygen transfer and suitability for deeper applications.
The metal segment captured around 60% share of the market in 2023. This is due to metal-based industrial aerators, are made from materials like stainless steel or cast iron, which have remarkable durability, and corrosion resistance. These qualities position metal-based aerators as the preferred option across diverse industries, including chemical processing, food and beverage production, and wastewater treatment, where they face exposure to corrosive chemicals and demanding operational conditions.
The wastewater treatment application surpassed USD 628 million in 2023, driven by the stringent regulations imposed on wastewater discharge worldwide, which necessitates efficient oxygenation processes for pollutant removal. The growing urban population and industrial activity further contribute to the demand for wastewater treatment solutions, leading to the continued dominance of this segment.
The global industrial aerators market is expected to witness significant growth in the coming years, driven by increasing demand for water treatment solutions across various industries and regions. The Asia Pacific region crossed USD 560 million in 2023, due to the rapid urbanization and industrialization in this region which has led to an increase in demand for wastewater treatment. Additionally, North America is expected to be the fastest-growing market. Technological advancements, growing awareness of environmental issues, and government initiatives will boost the demand for industrial aerators in the future.