Process Water Treatment Market by Technology (Activated Carbon Filters, Chlorination, Distillation, Electrodeionization, Ion Exchange, Microfiltration, Nanofiltration, Reverse Osmosis, Ultrafiltration, and Others), Manufacturing Process (Boiler Make-Up Water, Cooling Tower Make-Up Water, Coating & Plating, Rinsing & Spraying, Washing, and Others), and Application (Municipal, Industrial and Others): Global Opportunity Analysis and Industry Forecast 2021–2030
The global process water treatment market size was valued at $263.1 billion in 2020, and is projected to reach $520.4 billion by 2030, growing at a CAGR of 7.0% from 2020 to 2030.
Process water is broadly defined as water used in industry, manufacturing processes, power generation and similar applications. The specific process water requirements of various industries and plants vary enormously. Therefore, it is produced using a variety of process water technologies depending on the feed water and final water quality and volume requirements. Veolia process water technologies are designed to meet these needs, producing high-quality process water from a range of feed water sources and significantly reducing water consumption.
Process water treatment is mainly used in pharmaceutical & cosmetics, food & beverage, and chemical & petrochemical industries. Process water is mainly found in factories where products are manufactured. Process water is used as rinse water for cleaning products or installations, cooling water for cooling installations, and as product water for drinks and food. Moreover, biocides and disinfectants are intensively used in cooling towers, which further propels the demand for water treatment in the upcoming years. Whereas, health problems due to some of the hazardous chemicals used in the water treatment and rise in use of other water treatment technologies are expected to hamper the market growth during the analyzed timeframe. The global process water treatment market is segmented on the basis of technology, manufacturing process, application, and region.
Depending on technology, the market is categorized into activated carbon filters, chlorination, distillation, electrodeionization, ion exchange, microfiltration, nanofiltration, reverse osmosis, ultrafiltration, and others. On the basis of manufacturing process, it is divided into boiler make-up water, cooling tower make-up water, coating and plating, rinsing and spraying, washing, and others. On the basis of application, it is classified into municipal, industrial and others. Region-wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The global process water treatment market analysis covers in-depth information about the major industry participants. The key players operating and profiled in the report include Advantage engineering, Inc., BWT, DuPont, Evoqua Water Technologies LLC, Lenntech B.V., Pentair plc., Samco technologies, Inc., Spirax Sarco Limited, SUEZ, Water Professionals, and Yasin Porozheh Company.
KEY BENEFITS FOR STAKEHOLDERS
The report provides an extensive qualitative and quantitative analysis of the current trends and future estimations of the global process water treatment market from 2020 to 2030 to determine the prevailing opportunities.
A comprehensive analysis of the factors that drive and restrict the growth of the market is provided.
Estimations and forecast are based on factors impacting the market growth in terms of both value and volume.
Profiles of leading players operating in the market are provided to understand the global competitive scenario.
The report provides extensive qualitative insights on the significant segments and regions exhibiting favorable market growth.
IMPACT OF COVID-19 ON THE PROCESS WATER TREATMENT MARKET
The outbreak of the COVID-19 pandemic has had an adverse impact on the global economy as governments globally were forced to implement lockdowns to prevent the spread of the virus. As a result, the operations of water treatment plants and systems were hampered. The immediate impact of the COVID-19 pandemic was that the demand for domestic water increased while the demand for non-domestic (industrial, institutional, and commercial) water declined in most municipalities worldwide. The primary challenge faced by the players in the water treatment sector was to ensure operational continuity to minimize the impact on the water delivery for municipal applications. The objective of the desalination plant operators was to secure a reliable water supply to local communities and municipalities during the pandemic.
The COVID-19 outbreak has reduced the water industry's investment rates. Because many companies have halted or postponed their usual production activities, investment rates have dropped, and the production department is experiencing a decline, the water treatment industries have suffered a significant setback.
There will be somewhat steady and sluggish growth in the water treatment market, owing to the corona or COVID-19 pandemic across the globe for the year 2020. This is attributed to complete ban on manufacturing and production operations in many countries. We can take precautions through personal hygiene and sanitization, which demands clean and plenty of water. This increase in demand for water access, hygiene, clean water, and others helps in stabilizing the water treatment market growth in this pandemic period. Proper operation and excellence of water utilities is needed in case of handling disasters and emergencies in the best possible way.
There is effect on the supply chain due to regulations on the import & export of the chemicals and raw materials. Thus, the shortage in the raw materials resulted in the production of water treatment chemicals and hence, affects the market growth. Moreover, shutting down of the production, manufacturing, oil & gas, and operations in the industries impacted the growth of the process water treatment market in 2020. According to the American Water Works Association (AWWA) member survey, there is impact of corona on the field operations, interruptions of treatment chemical supply chains, and others.
KEY MARKET SEGMENTS
By Technology
Activated Carbon Filters
Chlorination
Distillation
Electrodeionization
Ion Exchange
Microfiltration
Nanofiltration
Reverse Osmosis
Ultrafiltration
Others
By Manufacturing Process
Boiler Make-up Water
Cooling Tower Make-up Water
Coating and Plating
Rinsing and Spraying
Washing
Others
By Application
Municipal
Industrial
Others
By Region
North America
U.S.
Canada
Mexico
Europe
Germany
France
Italy
Spain
UK
Rest of Europe
Asia-Pacific
China
Japan
India
Australia
South Korea
Rest of Asia-Pacific
LAMEA
Brazil
Saudi Arabia
South Africa
Rest of LAMEA
KEY MARKET PLAYERS
Advantage engineering, inc.
BWT
Dupont
Evoqua water technologies llc
Lenntech B.V.
Pentair plc.
Samco technologies, inc.
Spirax sarco limited
SUEZ
Water professionals
Yasin porozheh company
List of Company Profiles
ADVANTAGE ENGINEERING, INC.
BWT
DUPONT
EVOQUA WATER TECHNOLOGIES LLC
LENNTECH
PENTAIR
SAMCO TECHNOLOGIES, INC.
SPIRAX SARCO LIMITED
SUEZ
WATER PROFESSIONALS
YASIN PAJOOH COMPANY
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook