U.S (New York)–The Report Ocean has recently published a new report titled “Water Treatment Equipment Market ” 2023, which outlines the regional and global markets that are predicted to experience significant growth between 2023 and 2031. This extensive research delves deeply into the market’s ever-changing dynamics, value chain analysis, competitive landscapes, investment hotspots, geographical landscape, and significant segments, providing critical insights and valuable information for policymakers, stakeholders, investors, newcomers, and industry professionals. In addition, the report provides a comprehensive examination of the industry’s controls and restraints, as well as information on the global industry’s plans and opportunities. By utilizing this report, individuals in the industry can capitalize on emerging opportunities, develop key strategies, and gain a competitive edge over rivals.
The market for the water treatment equipment has increased in past few years and is expected to reach $87,861 million by the end of 2022, growing with a CAGR of 6.0% from 2016 to 2022. This is due to increasing consumption of water, stringent government regulations regarding the TSS level, and rising industrialization worldwide. However, the higher cost of the equipment is expected to restrain the market growth during the analysis period.
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According to data from the U.S. Bureau of Economic Analysis and the U.S. Census Bureau, the goods and services deficit increased by $1.9 billion from $68.7 billion in January 2023 to $70.5 billion in February. The increase in the goods and services deficit in February was due to a $2.7 billion increase in the goods deficit to $93.0 billion and a $0.8 billion increase in the services surplus to $22.4 billion. Compared to the same period in 2022, the goods and services deficit has dropped this year by $35.5 billion, or 20.3%. $49.5 billion or 10.8% more was exported. 2.2% or $14.0 billion more was spent on imports.
Water constitutes an essential part for community well-being. Water is a universal solvent, but solids, such as clay, fine sand, dust, and rust, are insoluble in water, resulting in cloudiness and are technically known as total suspended solids (TSS). Water treatment is carried out to decrease the TSS levels as per the end-user requirement, and hence differs depending on the factors such as TSS level, location, and application. Removal of suspended solids and microorganisms is done by differentiating the chemical, physical, and biological properties of water and its constituents. Water treatment equipment are chosen based on the properties of constituents such as density, quantity, chemical reactivity, boiling point, solubility, melting point, volatility, purity level of water, and similar others.
The market for water treatment equipment is segmented on the basis of end user, type, and geography. Based on the type of equipment, it is categorized into process equipment, mud treatment, filtration systems & media, disinfection, diversions & screens, meters, membranes, and others. In the year 2015, process equipment occupied highest share of in the overall water treatment equipment market and is expected to maintain its lead throughout the analysis period. Process equipment are used to manage industrial effluents. Key factors driving the growth of the water treatment equipment market are the stringent regulations regarding wastewater and sludge disposal. However, the membrane type segment is expected to register highest CAGR during the analysis period.
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On the basis of end user, the market is segmented into industrial and municipal. In addition, each end-user segment is further segmented into type of water to be treated as water, waste water, and sludge. In the year 2015, the municipal segment occupied three-fifth of the total market and is expected to maintain its share throughout the analysis period. Further, equipment used for the treatment of industrial sludge is expected to grow at a highest CAGR of 8.0% during the forecast period.
Geographically, the market is segmented into North America, Europe, Asia-Pacific, and LAMEA. Asia-Pacific was the highest consumer of water treatment equipment and is expected to maintain its position throughout the analysis period. In Asia-Pacific, the factors supplementing the market growth are the increasing population and rising awareness regarding consumption of safe, potable water.
KEY MARKET BENEFITS:
The report includes an extensive analysis of the factors driving as well as restraining the global water treatment equipment market.
The market projections from 2014 to 2022 have been included along with factors affecting the same.
The report also provides quantitative as well as qualitative trends to help the stakeholders in understanding the situations prevailing in the market.
An in-depth analysis of key segments of the market demonstrates the stakeholders with water treatment equipment usage for different applications across various end-user industries.
SWOT analysis helps in understanding the internal environment of the leading companies for strategy formulation.
Competitive intelligence highlights the business practices followed by the key players across various geographies.
Major companies profiled in the report are Accepta Ltd., Ashland Inc., Calgon Carbon Corporation, Danaher Corporation, Ecolab Inc., Kemira Oyj, Veolia Environment SA, Hyflux Ltd., and The Dow Chemical Company.
WATER TREATMENT EQUIPMENT MARKET KEY SEGMENTS:
World Water Treatment Equipment Market, By Type
Process Equipments
Mud Treatment
Filtration Systems & Media
Disinfection
Diversions & Screens
Meters
Membranes
Others
World Water Treatment Equipment Market, By End User
Industrial
Water
Waste Water
Sludge
Municipal
Water
Waste Water
Sludge
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World Water Treatment Equipment Market, By Geography
North America
U.S.
Canada
Mexico
Europe
Germany
Italy
France
UK
Others
Asia-Pacific
China
India
Others
LAMEA
Brazil
Argentina
Saudi Arabia
Others
Table of Content:
- Report Overview
- Global Growth Trends
- Competition Landscape by Key Players
- Data Segments
- North America Market Analysis
- Europe Market Analysis
- Asia-Pacific Market Analysis
- Latin America Market Analysis
- Middle East & Africa Market Analysis
- Key Players Profiles Market Analysis
- Analysts Viewpoints/Conclusions
- Appendix
Key Benefits of This Market Research:
- Industry drivers, restraints, and possibilities included in the study
- Neutral point of view on the market performance
- Recent enterprise developments and developments
- Competitive panorama and techniques of key players
- Potential and area of interest segments and areas exhibiting promising increase covered
- Historical, current, and projected market size, in phrases of value
- In-depth evaluation of the Market
- Overview of the regional outlook of the Market
Reasons for Buying Acetonitrile Market Report:
- This report gives a forward-looking prospect of various factors driving or restraining market growth.
- It renders an in-depth analysis for changing competitive dynamics.
- It presents a detailed analysis of changing competition dynamics and puts you ahead of competitors.
- It gives a ten-year forecast evaluated on the basis of how the market is predicted to grow.
- It assists in making informed business decisions by performing a pin-point analysis of market segments and by having complete insights of the Market.
- This report helps the readers understand key product segments and their future.
- From 2022 to 2031, All Recent Developments have been covered in this Report.
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