- Opportunity and Forecast, 2016-2025
Wastewater treatment equipment is used for elimination of bacteria, virus, protozoa, suspended solid particles, and other harmful substances from wastewater. Government organization takes initiatives to reduce, recycle, and reuse wastewater by applying various processes on it. The equipment plays a significant role in reducing contamination caused by growth in industrialization across the globe. With technological advancements, equipment are designed for use in high frequency applications, providing high efficiency on varying loads and speed. Ultrafiltration and dissolved air flotation are some of the parameters considered while designing equipment.
Large population, water scarcity, and rapid industrialization in the emerging economies drive the global wastewater treatment equipment market. In addition, rise in water recycling and reuse in trend along with the growth of end-user industries supplement the growth. Stringent regulations regarding industrial water discharge into water bodies and increase in health awareness among consumers are projected to create new avenues in the industry.
The global wastewater treatment equipment market is segmented based on applications, technology, and geography. Application segment is further bifurcated into municipal and industrial applications. Municipal applications include drinking and individual consumption, while industrial applications include pharmaceuticals, food & beverages, power generation, electronics, mining, and oil & gas. Based on technology, the market is segmented into disinfection, filtration, desalination, and testing. Geographically, the industry is studied across North America, Latin America, Europe, Asia-Pacific, Middle East, and Africa.
Key manufacturers operating in the industry are Ashland Water Technologies, Danaher Corporation, Aquatech International Corporation, Kemira OYJ, Degremont SAS, GE Water & Process Technologies, GDF SUEZ S.A., The Dow Chemical Company, and others. These key manufacturers have adopted strategies, which include new product launches, merger & acquisition, partnerships, collaborations, joint ventures, expansion, and others to gain stronger position and competitive advantage in the industry.
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