BANGALORE, July 9, 2015 /PRNewswire/ --
The report presented by Mordor Intelligence consists of a detailed account of the Global Water Treatment Technologies Market. The report elucidates the situation of Water treatment technologies around the world and studies the various technologies which include Oil/water separation, Suspended solids removal, Dissolved solids removal, Biological Treatment/Nutrient & Metals Recovery and Disinfection/Oxidation and others.
The report is divided by geography - North Americas, Europe, the Asia-Pacific (APAC), South America and Middle-East & Africa (MEA). The various industries of Water treatment technologies have been discussed in detail in addition to a comprehensive overview of the market; where-in the market share of each is analyzed and estimates are provided for the next 6 years.
The overall global water treatment equipment market is estimated at $35 billion in 2014 and is expected to grow at a CAGR of 7.4% till 2020. The major trend driving the Water treatment technologies market is rapid increase in populations both in developing countries as well as major urban centers.
Industrial water is the fastest growing sector of the global water market. This report is useful as each industry faces substantial challenges in their business, including tighter water quality standards, regulations on wastewater discharge, and pressure on scarce water resources. Water technology companies will find major opportunities in this market if they solve the problems of industrial water users with cost-effective, innovative solutions that improve efficiency.
This market report shows how water scarcity and tightening regulations are driving new trends in technology across eight key industrial sectors. It reviews the existing technological trends in each sector and then hones in on the technology gaps that are creating opportunities for new solutions in each market. It analyses existing and emerging applications for technologies in industrial water treatment processes. New and innovative technologies with the potential to break into the market are presented in detail, as well as market sizing and projected growth for your technology.
Wastewater treatment and water recycling or reclaiming for reuse has prevailed for quite some time in other parts of the world such as Europe and United States of America. However, with the growing demand for potable water, the rate of using reclaimed water is gaining pace in the Asia Pacific markets, especially in India. Recycling of water and wastewater treatment involves a combination of technologies to treat the water and make it reusable or attain a safe standard for disposal. Technologies such as nanotechnology, desalination and membranes have been widely used for water treatment depending upon the quantity and quality of water/ wastewater and the available funds as per the specific use. As energy-efficient processes are the need of the hour, forward osmosis, hybrid desalination and solar desalination will gain importance over the years.
The companies discussed in this report are: Aquatech, Dow Water & Process Solutions, Cameron, Ch2m Hill, Mott Macdonald and Siemens Water Solutions among others.
There are many drivers for Water treatment technologies market the major one being the stringent government emission laws which allows the wastewater (sludge) from chemical plants and factories to be treated to an acceptable level, thereby increasing the use of Water treatment technologies. Economic development along with fast-paced urbanization especially in emerging countries is spurring this need for efficient water management solutions.
Lack of Awareness is one of the main challenges for this market, hence, creating awareness is the first step towards companies and utilities working together to implement solutions that will drive down costs and improve both efficiency and water quality. Funding for capital improvement projects - More than 40 percent of non-utility respondents believe the water industry is not prepared to meet financial needs.
R&D within water technology, a lot of 21st century chemistry, including pesticides, herbicides and pharma products in use today simply can't be treated or removed with 19th century filtration technology. We need to pair 21st century solutions with these emerging challenges.
Reducing intermediary channels will bring the supplier closer to end users, thereby shortening the value chain which will allow suppliers to act as one-stop solution providers, and decreasing costs.
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SOURCE Mordor Intelligence LLP