Municipal Water and Wastewater Treatment Equipment Market Size to Increase by USD 16.02 Billion from 2021 to 2026| Technavio

2022-05-28 13:27:34 By : Mr. Leo Liu

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NEW YORK , May 23, 2022 /PRNewswire/ -- Technavio categorizes the municipal water and wastewater treatment equipment market as a part of the global utility market. The municipal water and wastewater treatment equipment market research report provides valuable insights on the post-COVID-19 impact on the market, which will help companies evaluate their business approaches. 

Municipal Water and Wastewater Treatment Equipment Market: Key Drivers

The increase in demand for reclaimed water is driving the municipal water and wastewater treatment equipment market. The significant increase in population has led to growing pressure on natural water resources. Also, the increase in demand for organic foods and naturally grown grains is leading to the higher requirement of water for irrigation. An assessment published by the European Environment Agency (EEA) in October 2021 presents the current state of water stress in Europe with an aim to focus on managing water availability risks under the impacts of climate change. 

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Municipal Water and Wastewater Treatment Equipment Market: Key Trends

The introduction of advanced membrane technologies is expected to positively impact the municipal water and wastewater treatment equipment market during the forecast period.  Membrane water treatment technology gained popularity and became affordable over the last three decades. These technologies are used for ultra-purification of the water. Based on the pore sizes, the technology is classified into microfiltration membrane (MF), reverse osmosis membrane (RO), microfiltration membrane (MF), ultrafiltration membrane (UF), and nanofiltration membrane (NF). The fabricated nanoporous membranes are used to remove various water pollutants, including metallic ions, salt, biological substrates, nanoparticles, and organic chemicals. 

The report identifies the following as the dominant vendors in the market:

The municipal water and wastewater treatment equipment market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies. For instance, 3M Corp., a leading vendor, offers membrane modules for ultrafiltration which are used to remove turbidity, suspended solids, and pathogens in order to improve the effluent quality of wastewater, thus can be reused in various applications. The company also offers industrial abrasives and finishing for metalworking applications, closure systems for personal hygiene products, autobody repair solutions, masking, and packaging materials.

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APAC's Contribution to Municipal Water and Wastewater Treatment Equipment Market

The increased demand for water for drinking as well as water for domestic usage due to urbanization and rapid population growth is expected to facilitate the municipal water and wastewater treatment equipment market growth in APAC over the forecast period. The region is expected to contribute to 37% of market growth as countries such as China and Japan are the key markets for municipal water and wastewater treatment equipment market. Market growth in APAC will be faster than the growth of the market in other regions.

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Municipal Water and Wastewater Treatment Equipment Market Scope

Accelerate at a CAGR of 4.84%

APAC, North America, Europe, Middle East and Africa, and South America

US, China, Japan, France, and Brazil

Leading companies, Competitive strategies, Consumer engagement scope

3M Corp., Aquatech International LLC, Chembond Chemicals Ltd., Culligan International Co., Danaher Corp., Ecolab Inc., Evoqua Water Technologies LLC, General Electric Co., Kuraray Co. Ltd., Kurita Water Industries Ltd., Mott MacDonald, Pentair Plc, SUEZ WTS USA Inc., The Dow Chemical Co., Thermax Ltd., Thermo Fisher Scientific Inc., Toray Industries Inc., Veolia Environnement Group, WABAG Group, and Xylem Inc.

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period

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The municipal water and wastewater treatment equipment market is divided by application into wastewater treatment segment and water treatment segment. The municipal water and wastewater treatment segment is expected to be the major contributor to the market. Wastewater needs to be treated for its usage for residential and industrial purposes as it contains several dissolved toxin oxides and hazardous elements.

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About Us Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library and its client base consist of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contact Technavio Research Jesse Maida Media & Marketing Executive US: +1 844 364 1100 UK: +44 203 893 3200 Email:[email protected] Website: www.technavio.com/

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