Water Treatment Equipment Market Growth, Size, Share and Forecast to 2022

World Water Treatment Equipment Market Is Expected to Reach $87,861 Million, by 2022 - Allied Market Research

According to a new report by Allied Market Research, titled, World Water Treatment Equipment Market the water treatment equipment market is projected to reach $87,861 million by 2022, with a CAGR of 6.0% from 2016 to 2022. The mud treatment and process equipment segment collectively held about two-fifths of the total market in 2015.

Water treatment is done by collecting and processing water to achieve the desired properties of suspended matters. Hence, based on the raw & desired quality of water, treatment methods, number of stages, and equipment involved in different processes may differ significantly. The commonly used equipment in most of the treatment methods are process equipment, mud treatment, filtration systems & media, disinfection, meters, and membranes. The market for such equipment has increased tremendously over the past few years owing to increasing water consumption coupled with rising awareness to consume safe water. However, factors that hamper market growth are high equipment and operational costs.

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In the year 2015, the process equipment segment occupied around one-fourth of the overall water treatment equipment market, and is expected to maintain its lead throughout the analysis period. This type of equipment comprises bar screens, grit traps, grit pumps, clarifiers, sand filters, tank baffles, and filter presses. Majority of the equipment used in the treatment industry belong to this category, and are extensively used for industrial effluent management. Major drivers of this market include increasing investment across different industries, growing industrialization, rising safe water usage, development of advanced sludge management program, and with stringent government...