Global Water Treatment Equipment & Chemicals

Global Water Treatment Equipment & Chemicals

Global demand for water treatment equipment and chemicals is projected to rise 3.1% yearly to $129 billion in 2027. Market value growth will be boosted by gains in real terms, driven by:

• rising demand among industrializing countries for high quality process and supply water for manufacturing industries
• increasingly stringent drinking water and wastewater regulations, notably in lower income countries
• repair and renovation of older municipal water systems in mature economies
• increasing water reuse and recycling from extractive industries such as oil and gas production and mining

Market value growth will also be supported by rising standards for process and supply water, which will require the use of higher value filtration technologies and better performing chemicals.

Demand for High-Quality Process & Supply Water in Manufacturing to Drive Growth

Demand for water treatment equipment and chemicals in the low- and middle-income countries in the Asia/Pacific and Africa/Mideast regions has historically been low, particularly in the manufacturing sector. However, meeting the stringent product standards of their trade partners in more developed countries is spurring the use of water treatment equipment and chemicals. In particular, advanced membrane systems and higher-quality chemicals are seeing greater levels of use. As a result, manufacturing applications – including food and beverages, chemicals, and pharmaceuticals – are expected to see the fastest growth through 2027 and will continue to take share from other markets.

Water Scarcity Will Support Water Recycling & Reuse

UNICEF has projected that as much as half of the global population may be living in regions facing water scarcity by 2025. While a majority of the world’s water – about 70% – is used for agricultural applications, nearly 20% is used for industrial purposes. As a result, there are growing pressures on manufacturers to recycle and reuse wastewater as process and supply water to reduce the stress on already taxed supplies. Membrane filtration systems and chemicals – such as corrosion inhibitors and coagulants and flocculants – will particularly benefit, due to the relatively low cost as compared to large equipment replacement projects.

Study Description

This Freedonia industry study analyzes the $11.1 billion global water treatment equipment and chemicals industry. It presents historical demand data (2.12, 2017, and 2022) and forecasts (2027 and 2032) by product (membrane equipment, conventional filtration, disinfection equipment, chemicals), market (municipal applications, manufacturing applications, consumer and commercial applications, utilities and all other applications). The study also evaluated company market share and competitive analysis on industry competitors including Ecolab, Danaher, Kemira, Kurita Water Industries, SNF, Solensis, and Veolia Environmental).