PORTLAND, Oregon, June 30, 2016 /PRNewswire/ --
According to a new report by Allied Market Research, titled, World Water Treatment Equipment Market the water treatment equipment market is projected to reach $87,861 million by 2022, with a CAGR of 6.0% from 2016 to 2022. The mud treatment and process equipment segment collectively held about two-fifths of the total market in 2015.
Water treatment is done by collecting and processing water to achieve the desired properties of suspended matters. Hence, based on the raw & desired quality of water, treatment methods, number of stages, and equipment involved in different processes may differ significantly. The commonly used equipment in most of the treatment methods are process equipment, mud treatment, filtration systems & media, disinfection, meters, and membranes. The market for such equipment has increased tremendously over the past few years owing to increasing water consumption coupled with rising awareness to consume safe water. However, factors that hamper market growth are high equipment and operational costs.
Read more details of the report at: https://www.alliedmarketresearch.com/water-treatment-equipment-market
In the year 2015, the process equipment segment occupied around one-fourth of the overall water treatment equipment market, and is expected to maintain its lead throughout the analysis period. This type of equipment comprises bar screens, grit traps, grit pumps, clarifiers, sand filters, tank baffles, and filter presses. Majority of the equipment used in the treatment industry belong to this category, and are extensively used for industrial effluent management. Major drivers of this market include increasing investment across different industries, growing industrialization, rising safe water usage, development of advanced sludge management program, and with stringent government regulations on the industrial effluents across different economies.
Key findings of the study
- Membranes would be the fastest growing segment during the analysis period.
- Asia-Pacific is expected to lead the market throughout 2022, growing at a CAGR of 5.8% from 2016 to 2022.
- LAMEA is expected to be the fastest growing segment.
- In the year 2015, the municipal application segment generated highest revenue and is expected to maintain its lead.
- U.S. would continue to lead the world water treatment equipment market throughout the forecast period.
In the year 2015, Asia-Pacific and Europe collectively accounted for more than half of the total water treatment equipment market and are expected to maintain their lead position throughout the forecast period. The major companies profiled in the report include Best Water Technology (BWT) Ag, Ecolab Inc., Ge Water & Process Technologies, Hyflux Ltd, Pentair Plc., Va Tech Wabag Ltd., Veolia Environment S.A., Xylem Inc., Suez Environment S.A., and Saur SAS.
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World Water Treatment Chemicals Market - The industrial water treatment chemicals market occupied the highest share of 44% in the Water Treatment Chemicals Market globally, in 2015 and is expected to maintain its lead throughout the analysis period.
View the Water Treatment Chemicals Market Report at https://www.alliedmarketresearch.com/water-treatment-chemicals-market
World Water Treatment Systems Market - Increasing water contamination & industrialization and growing residential & non-residential construction activities are propelling the growth of the market. However, high equipment, installation, and operational cost is obstructing the growth of the market. On the other hand, shortage of clean water in developing & under-developed countries and depleting freshwater resources creating opportunities in the market.
View the Water Treatment Systems Market Report at https://www.alliedmarketresearch.com/water-treatment-systems-market
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions". AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
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SOURCE Allied Market Research