Global Industrial Water Treatment Equipment Market 2017-2021
About Industrial Water Treatment Equipment
Industrial water treatment technologies and filtering procedures are necessary to remove contaminants from these freshwater sources before use. Industrial wastewater is the result of substances that having been dissolved or suspended in water. The objective of the industrial wastewater treatment equipment is to remove those dissolved or suspended substances. The industrial water treatment equipment must be designed specifically for the effluent produced. Various contaminants like waste matter, bacteria, algae, and germs, as well as waste generated by various industries, lead to an increase in the water contamination. The rise in industrialization also contributes to the growth of the market, owing to the increased demand for recycling the water to mitigate the contamination by these industries. The exhaustion of natural freshwater resources increases the need to recycle and reuse water through the implementation of various water treatment techniques. Water quality has been the most important parameter for most of the industries. Industries utilize huge volumes of water for various processes. Most of the industries worldwide have installed a water treatment setup to mitigate the ill-effects of contaminated water, lower operating costs, and reduce environmental footprints. Rapid industrialization and high dependence on clean water are the major drivers for water treatment equipment in the industries.
Technavio’s analysts forecast the global industrial water treatment equipment market to grow at a CAGR of 7.34% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global industrial water treatment equipment market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of industrial water treatment equipment.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Industrial Water Treatment Equipment Market 2017-2021
Technavio recognizes the following companies as the key players in the global industrial water treatment equipment market: Lenntech, NALCO, Pall, and Veolia
Other Prominent Vendors in the market are: Aquatech International, Calgon Carbon, Danaher, Evoqua Water Technologies, ENGIE (previously GDF SUEZ), Outotec, RWL Water, and WTE Infra Projects
Commenting on the report, an analyst from Technavio’s team said: “Plenty of water is available on the surface of the earth, and it has been estimated to be sufficient for future generations. However, most of the water on the earth's surface is unsafe to drink or use for basic activities, such as cooking and agriculture, as it contains various contaminants such as factory wastes, pollutants, and oil. The scarcity of safe, usable water creates a demand for water recycling as well as treatment processes such as desalination.”
According to the report, water treatment is gaining importance due to the shrinking of water resources globally. Less than 10 countries that include Brazil, Russia, China, Canada, Indonesia, the US, Colombia, India, and the Democratic Republic of Congo possess more than three-fifths of the world's fresh water supply. Two-fifths of the global population faces water shortage. The regions such as the Middle East, North Africa, and Southeast Asia are expected to face severe water shortage in the next decade, resulting from poor water management and improper recycling of water. Population growth, increasing per capita consumption of water, and urbanization are resulting in water scarcity. This is expected to increase the demand for water in the coming decade. Also, it is expected that climate change will influence the supply of water, and alter the regional distribution of freshwater supplies. Factors such as growing demand for water from the commercial sectors, overexploitation of groundwater supplies, rising pollution, water wastage, and emerging construction activities contribute to the growing water scarcity, thus creating the need for water treatment equipment.
Further, the report states that the presence of calcium and magnesium ions leads to hardness of water. These ions bind, harden, and thicken as their concentrations increase. In water purification systems that use membranes, these ions tend to block the membranes completely. This process is known as scaling of membranes and regular backwashing of membranes is required to tackle this issue. For instance, in an RO system, scaling of membrane makes the RO system work even harder, resulting in wastage of water, added utility bills, and inefficient water purification. Thus, the wastewater generated contain higher minerals as well as chemicals, contributing to scale formation in boilers, cooling towers, and other industrial equipment.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit- https://www.technavio.com/report/global-water-and-waste-management-global-industrial-water-treatment-equipment-market-2017
Lenntech, NALCO, Pall, Veolia, Aquatech International, Calgon Carbon, Danaher, Evoqua Water Technologies, ENGIE (previously GDF SUEZ), Outotec, RWL Water, and WTE Infra Projects