Global Industrial Wastewater Treatment Equipment Market 2018-2022
About Industrial Wastewater Treatment Equipment
Industrial wastewater treatment equipment comprises the processes used for treating wastewater that is produced by industries. Wastewater treatment equipment helps remove the impurities found in effluents released by the industries.
Technavio’s analysts forecast the global industrial wastewater treatment equipment market to grow at a CAGR of 4.13% during the period 2018-2022.
Covered in this report
The report covers the present scenario and the growth prospects of the global industrial wastewater treatment equipment market for 2018-2022. to calculate the market size, the report considers the revenue generated from the use of Industrial Wastewater Treatment Equipment in different segments
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Industrial Wastewater Treatment Equipment Market 2018-2022
Technavio recognizes the following companies as the key players in the global industrial wastewater treatment equipment market: Ecolab, Evoqua Water Technologies, SUEZ, The Dow Chemical, Veolia.
Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is the advances in industrial wastewater treatment technology. Membrane technologies play an important role in wastewater treatment and energy sustainability. Industrial wastewater treatment involves different technologies like wastewater treatment by MBR, desalination by RO, and membrane-based fuel cells.”
According to the report, one of the major drivers for this market is the increase in world energy demand. Emerging economies such as China and India, the demand for energy is increasing owing to the fast-paced development. The application of technologies like horizontal drilling and hydraulic fracturing has propelled the development of the US shale oil and gas reserves. As compared with the past decade, it is expected to increase the natural gas resources by two-folds.
Further, the report states that one of the major factors hindering the growth of this market is the increase in use of renewable energy sources. Since the past two decades, there has been a drastic change in the global economy mix. The competitive pricing of power generation coupled with low CHG emissions from the use of renewable energy sources has been attracting investments in the renewable energy sector globally.
Evoqua Water Technologies
The Dow Chemical
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