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Water & Wastewater Treatment Equipment Market expected to Grow With CAGR of 7.4% Till 2018
The Water & Wastewater Treatment Equipment Market report provides a comprehensive review of market drivers, restraints, opportunities, challenges, and key issues in the market.
Water treatment market is a booming sector recently for various reasons. Water is required to be treated to restrict specific parameters such as suspended solid particles, bacteria, virus, protozoa, etc. The intake of poor water quality for drinking and food preparation as well as in industrial applications such as pharmaceutical, food processing, cosmetics, etc results into chronic diseases. Hence, the demand of high quality water has been increasing since last few decades.
The removal of microorganisms and solid constituents from water is done by finding out the differences in physical, chemical, and biological properties of water and constituents. Various technologies are carried out for Water & Wastewater Treatment Equipment Market depending on difference in properties such as size, density, chemical reactivity, charge, boiling point, solubility, volatility, biodegradability, density, and polarity of water and its constituents. The primary factor for selection of specific technology for water treatment is its end application. Various legislations and specifications set by the national governments across the globe affect the selection of water treatment technologies.
Municipal sector driving the market
Demand of high quality water for drinking and daily household use has increased in last decade due to rapid growth in global population in the urban areas. There has been focus towards drinking water qualities in developed economies but characterized with contamination in distribution due to faulty water transportation pipes and storage systems. Western European countries already have advanced equipment and infrastructure for industrial water treatment and are expected to invest in municipal water treatment equipment till 2018. U.K. and Germany are expected to lead the European market in municipal water treatment equipment. U.S. is expected to be the major driver for municipal sector investment till 2018. The water supply is being insufficient in recent years in U.S. and has attracted attention of the government. The chlorine gas is being replaced by chloramines in U.S. due to the harmful residuals formed in water by the chlorine gas.
Investment in municipal water sector is expected at high rate in Asia-Pacific countries such as China, India, Australia, and Japan. Large number of population in China and India do not have access to clean drinking water. The scenario is worse in rural areas where water supply is negligible and groundwater is the prime water source for all purposes. China and India are growing at the fastest CAGR in Asia-Pacific for application of desalination processes to meet municipal water supply demand.
Focus on wastewater treatment in Asia-Pacific
There had been no strict control on wastewater disposal in Asia-Pacific excluding Japan and South Korea. The industrial wastewater disposed in rivers led to high contamination of natural reservoirs in India and China in recent years. High investment is expected in these countries in industrial as well as in municipal sector focusing on water-reuse and prevention of river contamination. Filtration and disinfection equipment are expected to grow at high rate in industrial sector for wastewater-reuse. UV light, Ozonation, and RO are the fastest growing filtration and disinfection equipment in China and India.
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