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Water Treatment Equipment Market Share
The key players operating in the market are A.O Smith Corporation, Evoqua Water Technologies, Kurita Water Industries Ltd., and Pentair plc together holds 15%-20% Market share in 2023. The market is highly fragmented due to the presence of large and medium-sized manufacturers competing for share, with no single player dominating the landscape. The evolving nature of the market due to the rising demand for cutting-edge technology including membrane materials makes it attractive for new entrants. Manufacturers also compete on price and strategies to attract budget-conscious consumers.
Water Treatment Equipment Market Companies
Major companies operating in the water treatment equipment industry include:
- ALAR Water Treatment
- AO Smith
- ChemREADY
- Culligan
- Evoqua Water Technologies
- Ecowater
- Kurita Europe GmbH
- LennTech B.V
- Pall Corporation
- Parkson Corporation
- Pentair
- SAMCO
- Smith & Loveless
- Suez
- Veolia
Who are the leading water treatment equipment market players?
ALAR Water Treatment, AO Smith, ChemREADY, Culligan, Evoqua Water Technologies, Ecowater, Kurita Europe GmbH, LennTech B.V, Pall Corporation, Parkson Corporation, Pentair, SAMCO, Smith & Loveless, Suez, and Veolia.
What factors are driving water treatment equipment industry growth in Asia Pacific?
Asia Pacific market held 39.3% share in 2023 and is predicted to grow at 6.1% CAGR between 2024 and 2032, on account of the growing industrialization, urbanization, and population expansion in large economies, such as China and India.
Why is the demand for water treatment membrane systems on the rise?
The membrane systems segment accumulated 26% share in 2023, owing to the rising consumer preference.
How big is the water treatment equipment market?
The market size of water treatment equipment reached USD 65.1 billion in 2023 and is set to expand at 5.6% CAGR from 2024 to 2032, due to the growing demand for effective water treatment solutions from various end users.