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Water Treatment Equipment Market Trends

Report ID: GMI9269
Published Date: Apr 2024
Report Format: PDF

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Water Treatment Equipment Market Trends

The market for water treatment equipment is growing due to the increasing demand for clean water, stricter regulations, and technological advancements. Cutting-edge technologies, such as microfiltration, ultrafiltration, and nanofiltration membranes, are rapidly replacing classic filtration methods such as sand filters. These technologies offer improved removal of viruses, bacteria, and newly emerging contaminants. Self-cleaning and automated features are increasingly gaining popularity, as they boost productivity while reducing maintenance costs. Furthermore, technological improvements are being spurred by increased concerns about water shortages, harsher environmental restrictions, and the need for effective & sustainable water treatment technologies.

According to projections made by the International Desalination Association, desalination capacity is anticipated to reach 200 million cubic meters per day globally by 2030. This highlights the growing role of Reverse Osmosis (RO) technology in addressing water scarcity. Innovations in membrane materials are focusing on improved efficiency, lower energy consumption, and better fouling resistance.

Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

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.

The membrane systems segment accumulated 26% share in 2023, owing to the rising consumer preference.

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.

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.