Global Filters Market for Wastewater Treatment Industry
About Filters Market for Water Treatment Industry
Wastewater treatment is the process of converting wastewater into its usable form, where either it can be returned to the water cycle or can be re-used in various other sectors. The global filters market for the water treatment industry is broadly categorized into agricultural, industrial, and municipal segments.
Technavio’s analysts forecast the global filters market for wastewater treatment industry to grow at a CAGR of 6.15% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global filters market for wastewater treatment industry for 2017-2021. To calculate the market size, the report considers the aftermarket.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Filters Market for Wastewater Treatment Industry 2017-2021
Technavio recognizes the following companies as the key players in the global filters market for wastewater treatment industry: GE Water & Process Technologies, Lenntech, Pall, Parker Hannifin, and Veolia
Other Prominent Vendors in the market are: ChemTreat, De Nora Water Technologies, Eaton, Evoqua Water Technologies, Koch Membrane Systems, NALCO, Outotec, Fluence, Samco Technologies, and WTE Infra Projects.
Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is Increased demand for freshwater. The earth's surface constitutes over 70% water, which is estimated to be sufficient for the future generations. However, a major percentage of the water available on the earth's surface is saline, and only a small percentage is available as freshwater that is safe for drinking or using in basic activities, including cooking and agriculture. Out of the usable water, an increasing percentage is contaminated by pollutants from factory wastes, industries, municipal wastewater, and others. The rising population coupled with the increasing urbanization has created demand for water recycling as well as treatment processes, such as desalination.”
According to the report, one of the major drivers for this market is Depletion of freshwater resources. Freshwater makes up only a small percentage share of the total water across the world. In many parts of the world, individuals are extracting water from aquifers at an increased rate, which is resulting in the depletion of freshwater resources at a rate higher than at which they are being replenished by recharge. Also, the rate of extraction of water from underground sources is high. It is estimated that the water levels of over 55% of the world’s largest known aquifers are trending negative.
Further, the report states that one of the major factors hindering the growth of this market is Impact of hard water on water treatment filters. The presence of magnesium and calcium leads to the hardness of water. These ions, along with some other divalent and trivalent metallic elements harden, thicken, and bind, as their concentration levels increase. One of the major challenges in treating hard water is that it causes scale, which makes it difficult for the membrane to work. In some water purification systems that use membranes, the membranes are completely blocked by the ions, which results in lowering the quality of the treated water.
GE Water & Process Technologies, Lenntech, Pall, Parker Hannifin, Veolia, ChemTreat, De Nora Water Technologies, Eaton, Evoqua Water Technologies, Koch Membrane Systems, NALCO, Outotec, Fluence, Samco Technologies, and WTE Infra Projects.
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