Global Nuclear Battery Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029
Market Overview:The latest research study on the global Water and Wastewater Treatment Equipment market finds that the global Water and Wastewater Treatment Equipment market reached a value of USD 31436.08 million in 2022. It’s expected that the market will achieve USD 46520.96 million by 2028, exhibiting a CAGR of 6.75% during the forecast period.
High installation and maintenance costs
Although water treatment has many advantages, the installation of water and wastewater treatment equipment is expensive. The high cost of the equipment and its operation is a limiting factor in the water treatment equipment market. For example, the disinfection technology of chemical treatment through chlorine gas requires a large amount of water to be treated. In underdeveloped countries, this infrastructure and equipment is very low. For small-scale industrial applications, ozone and UV equipment is expensive.
Secondly, developed countries in Europe and North America have applied ozonation and UV equipment to the municipal sector, and these technologies have a lower utilization rate in the Asia Pacific and other regions. For developing and less developed countries, the cost of desalination equipment is very high. Similarly, the operation and maintenance costs of water treatment systems are also high. For example, treatment systems consume significant amounts of energy to meet water treatment and treatment needs. These problems are particularly acute in economically backward African countries, where about half of the population lacks access to clean drinking water. When resources are scarce, not only water treatment equipment but also basic infrastructure for distributing and storing water are lacking. Therefore, it is not conducive to the development of wastewater treatment equipment in this market.
High performance and large downstream application
Technology Innovation
Increasing attention to by-products, chemicals and pollutants in wastewater and water supply, coupled with stringent manufacturing requirements for processed water, are key factors driving the market for water and wastewater treatment equipment. At the same time, because Water and Wastewater Treatment Equipment has a wide range of downstream applications, for example, considering the harmful release of chemicals and other pollutants during the extraction process, water and wastewater treatment technology is an essential step in the oil and gas industry. In addition, in the mining industry, water treatment technologies such as reverse osmosis are widely used because it significantly helps the desalination of water, thereby providing miners with pure and clean drinking water. Reverse osmosis is very useful in the water cycle in the mining industry. High performance and large downstream application will bring huge demand to the wastewater treatment equipment market.
Secondly, the current worldwide energy problems are not only caused by the depletion of conventional energy reserves, but also the environmental impacts of their evacuation, treatment, related emissions, waste disposal and recycling. As a result, water treatment equipment is also facing growing demand for energy-efficient water treatment solutions. For this, manufacturers should pay more attention to R & D and create more advanced equipment to maximize processing efficiency.
Region Overview:Geographically, North America held the largest market share – 46.89% in 2022.
Company Overview:Veolia is one of the major players operating in the Water and Wastewater Treatment Equipment market, holding a share of 16.08% in 2023.
Veolia
Veolia Environnement SA operates utility and public transportation businesses. The Company supplies drinking water, provides waste management services, manages and maintains heating and air conditioning systems, and operates rail and road passenger transportation systems.
Suez
Suez provides equipment and services for potable water supply. The Company collects, treats, and distributes drinkable water. Suez also provides services for waste collection, recycling, recovery, treatment and disposal of urban and industrial waste. Suez serves customers worldwide.
Segmentation Overview:By type, Disinfection segment accounted for the largest share of market in 2022.
Application Overview:By application, the Municipal segment occupied the biggest share from 2018 to 2022.
Key Companies in the global Water and Wastewater Treatment Equipment market covered in Chapter 3:Envirodyne
Envirocare
JWC
Culligan International
Clearstream
Huber
Headworks
Vulcan
Xylem
Walker/Amwell (McNish Corporation)
Hydrodyne
Fairfield
Pentair
Aqseptence Group
Lakeside
Duperon
Aquatech
Evoqua Water Technologies
WesTech
Suez
Danaher Corporation
WTP Equipment
OR-TEC
Ovivo
Ecolab
Veolia
Parkson
In Chapter 4 and Chapter 14.2, on the basis of types, the Water and Wastewater Treatment Equipment market from 2018 to 2029 is primarily split into:Filtration
Disinfection
Desalination
Testing
Others
In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Water and Wastewater Treatment Equipment market from 2018 to 2029 covers:Municipal
Industrial
Others
Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)