Global Industrial WasteWater Treatment Equipment Market 2015 -2019
About Industrial Wastewater Treatment Equipment
Industrial wastewater is one of the largest sources of pollution in aquatic environment. During the last century, a huge amount of industrial wastewater was discharged into water bodies, resulting into serious pollution issues and hazardous effects on ecosystem and human life. Industrial wastewater may differ depending on various industries and discharged contaminants; each industry produces different combination of pollutants. Therefore, depending on various characteristics of industrial wastewater, the treatment equipment must be designed specifically for particular type of effluent produced. Water treatment equipment helps in removing impurities found in water bodies. Sea water, groundwater, municipal water, and wastewater are treated using water treatment equipment. Given its huge benefits, water treatment equipment can be used to address the issue of water scarcity in various parts of the globe. Moreover, wastewater that is treated can be reused for other purposes, thereby preventing groundwater depletion.
Technavio's analysts forecast the global industrial wastewater treatment equipment market to grow at a CAGR of 6.8% over the period 2014-2019.
Covered in this Report
The report covers the present scenario and the growth prospects of the global industrial wastewater treatment market for the period 2015-2019. The market can be segmented into six based on end-users: oil and gas and chemicals, food and beverage, power generation, mining, pharmaceuticals, and others.
Technavio's report, the Global Industrial Wastewater Treatment Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, and APAC and EMEA; it also covers the market landscape and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.
Technavio Announces the Publication of its Research Report – Global Industrial Wastewater Treatment Equipment Market 2015 -2019
Technavio recognizes the following companies as the key players in the global industrial wastewater treatment equipment: 3M Purification, Aquatech International, Calgon Carbon, GE Water & Process Technologies and Veolia Water Solutions & Technologies
Other Prominent Vendors in the market are: Danaher, Degremont, GDF SUEZ and Seimens
Commenting on the report, an analyst from Technavio’s team said: “Fresh water resources are depleting with time because of the increase in the extraction of water from aquifers. The rate of extraction of water from aquifers is higher than the rate of replenishment. Various instances of serious groundwater depletion have occurred in several regions such as North America, the Middle East, South and Central Asia, and Australia. For instance, in the Ogallala aquifer in the US water levels have fallen to such a low level that the wells no longer generate water. Therefore, it is necessary to reuse and recycle water to mitigate the depletion of fresh water resources. This is a significant trend that boosts the market growth.”
According to the report, the increased water contamination from various industries worldwide is one of the major reasons for the increase in demand for wastewater treatment equipment. The contaminants present in various water sources include mud, silt, algae, bacteria, and other industry discharges. Rapid industrialization and emission of harmful pollutants and effluents into the water bodies and other sources of fresh water have ultimately led to water depletion. The consumption of contaminated drinking water leads to various health hazards.
Further, the report states that the need to develop new methods to manage such residues is a challenge that is hindering the market growth.
3M Purification, Aquatech International, Calgon Carbon, GE Water & Process Technologies and Veolia Water Solutions & Technologies, Danaher, Degremont, GDF SUEZ, Seimens
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