Water Treatment Technologies Witnessing Technological Sophistication
Municipal water treatment primarily relied on conventional treatment processes such as granular media filtration, chemical clarification through water or sludge treatment chemicals, and chlorination. However, in the last couple of decades, a noteworthy transition in the water treatment market was observed as alternative treatment technologies gradually gained popularity. The change in trend is due to advancements in water treatment technology, increase in R&D activities, and growing demand for potable water especially in the developing regions worldwide.
Further, awareness building up around the catastrophic effects of consuming impure water has increased in recent years leading to a growing demand for efficient, reliable, and cost-effective water treatment technologies. In the coming years, stringent government regulations, growing adoption of water treatment systems, innovative and cost-effective water treatment technologies will remain the key to the development of the global water treatment market.
Water Treatment Market - Key Research Findings
- The global water treatment market size in 2018 was ~US$ 46 Bn.
- The water treatment market is expected to grow at a CAGR of ~7% during the forecast period of 2019-2029.
- Increasing fresh water demands and rising water scarcity is estimated to be among the prime factors compelling increased spending on water treatment technologies.
- Collectively, North America and East Asia, are estimated to account for half of the revenue shares in the water treatment industry by the end of 2029.
- North America, attributing to high investment for water and wastewater treatment in the U.S. will continue to be a prominent regional market for water treatment manufacturers.
- The process water treatment is expected to remain as the prominent application area to invest in, for water treatment market players.
- Developing nanotechnology for efficient process water treatment has been highly demanding application.
- Noteworthy application potential of water treatment has been identified in process water and waste water treatment.
Key Factors Shaping the Water Treatment Market
Rising Demand for Uninterrupted Supply of Potable Water
Swift growth of the population and rising number of private households and residential areas owing to the rapid urbanization driving the demand for potable water for various domestic or household purposes.
It is doubtful whether municipal water utilities are capable of providing uninterrupted supply of sufficient volumes of usable water in developing and underdeveloped regions.
The total volume of municipal wastewater produced per day is estimated to be ~684 million m3 globally, and the total capacity of tertiary and advanced reused water produced per day is ~30 million m3, which has led to the rise in the demand for water recycling activities to meet the domestic water requirements. Due to which there has been a rising trend in water reuse projects such as Australia‘s Western Corridor, Singapore NEWater, and Orange County New Blue Water program in California, to deliver high-quality treated water that can be used to augment the potable water supply.
Stringent Government Regulations towards Water Treatment and Conservation
The increasing demand for eco-friendly (chemical-free) produced water treatment technologies is expected to drive the growth of the global water treatment systems market.
Moreover, stringent government regulations related to the impact of untreated water on the environment and reinjection policies in various sectors, are estimated to drive the growth of the global water treatment systems market.
Agencies such as the European Water Association (Europe), India Water Works Association (India), and Environmental Protection Agency (U.S.), among several other government authorities, are proactively engaged in framing policies and regulations for water treatment for disposal or reuse purposes. For instance, in the U.S., EPA (Environmental Protection Agency) has made it mandatory for industries to treat water before it is disposed out of the facility. Specifications pertaining to maximum permissible contamination levels have been framed in this regard.
Rapid Technological Advancements
Non-chemical methods of water treatment such as those involving the use of filters, reverse osmosis, and polymer membranes, are expected to witness relatively high growth as compared to conventional methods, especially for industrial and municipal water treatment plants. The use of membranes can eliminate the cost of tertiary treatment systems.
Increased awareness and concern towards the climate change and need for the use of more sustainable water treatment systems are likely to result in the growing demand for water treatment technologies involving lower chemical consumption.
Adoption of Smart City & Smart Water Ideology
Smart cities consist of six important sectors that works collectively to achieve a common goal of making a city more sustainable, efficient, and liveable for its residents. These sectors are smart energy, smart public services, smart integration, smart buildings, smart water, and smart mobility.
Smart water is a very crucial vertical of the smart city plan due to the fact of limiting natural resources and increasing per capita consumption. Smart water technologies include those that automate monitoring and metering, treatment and distribution functions, loss and leakage, and metering and usage. These ‘smart’ components are a suite of automation and monitoring technologies tied together by a network-based human interface and control component. The adoption of smart water ideology is projected to further drive the sales of the water treatment market globally.
Water Treatment Market Structure Analysis
- The global water treatment market represents a fairly consolidated competition landscape, where a majority of key players maintain their strategic focus on the development of solid distribution partnerships and joint ventures, targeting a firmer global footprint.
- The water treatment market has been relatively moderate in size, which remains a key factor for its dynamic competitive nature.
- Prominent manufacturers of water treatment are currently prioritizing R&D and new product launches to resonate with the growing consumption of eco-friendly coatings in North America, Europe, and China.
- Portfolio extension is also identified to remain as one of the key developmental strategies adopted by manufacturers of water treatment.
- For a stronger foothold in target markets, water treatment manufacturers will continue to rely on inorganic strategies, such as mergers and acquisitions.
- Deeper understanding of the market trends and preferential shifts of end-use segments across various regions are likely to create a bottleneck for prominent players, focusing on untapped opportunities in the water treatment market.
Efficiency and Low Operational Costs - Key to Adopting New Technologies
Water treatment plants are complex systems that primarily consist of hydro-mechanical, electrical, automation, and monitoring equipment. However, in recent years, the focus on reducing operating costs and enhancing efficiency at the same time have gained the center of attention. Water treatment technologies are influenced by three main factors including, discovery of new contaminants, evolving water treatment standards, and costs. However, as water treatment continues to move away from the traditional approach, technologically advanced water treatment alternatives including, membrane bio-reactor (MBR), reverse osmosis (RO), micro-filtration (MF), and Nano/Ultra filtration (NF/UF) have gained immense popularity in recent years.
In the current scenario, the adoption of new technologies in water treatment depend on several factors such as low capital and operational costs, ease of operations, enhanced water quality, low waste production, and higher efficiency among others. Besides, as technological advancements continue to take giant strides towards illustrating reliability and adaptability in large-scale municipal water treatment plants, their adoption is set to witness a notable growth in the coming years.
Nanotechnology Set to Shape the Future of Efficient Water Treatment
Currently, rapid innovations in the field of nanotechnology are gradually revolutionizing water treatment processes. Further, the integration of microorganisms in bio-microelectronic devices are also playing a crucial role in the development of the global water treatment market. One of the primary reasons for the growing adoption of nanotechnology is the ease at which it syncs with existing water treatment concepts. Furthermore, nanotechnology is gaining acceptance in the water treatment sector owing to high efficiency and performance of membranes and enhanced hydraulic conductivity. In addition, research is in full swing to explore the possibilities of fabrication of membranes from nano materials for decomposition of compounds which are toxic in nature at the time of the treatment.
In the current scenario, the technology is also being tested to offer efficient segmentation of bimetallic nanoparticles, metals, zeolites, mixed oxides, and carbon compounds from waste water resources. Improvement in membrane configurations and use of advanced membrane chemicals and functionalities will create new opportunities for the development of highly efficient pumping and energy recovery systems.
Opportunities in East Asia on Rise
The focus on developing modern water treatment infrastructure in the developing regions will also remain one of the biggest driving factors for market growth in the foreseeable future. Efforts to improve water quality, meeting demands from the household and domestic sector, and striking a balance between the demand and supply ratio will fuel market growth in East Asian countries including, Japan, South Korea, and China. Due to the positive impact of macro-economic parameters including, growing population, urbanization, and industrialization, the investment in the housing, municipality, and industrial sectors has steadily increased in East Asia.
Process water treatment expected to grow at a steady pace
Robust growth anticipated for waste water treatment
Water treatment accounts for more than 1/3rd market share
Sludge treatment likely to pick pace
High demand from the industrial sector
Municipal sector set to remain a key end user
How Growth will Unfold
The players involved in the water treatment industry are eyeing lucrative opportunities in Asia-Pacific and MEA due to the growing demand for potable water, increase in industrialization, and high demand from domestic and the household sector. Furthermore, the construction and housing industry in the developing regions such as India and China will create unprecedented opportunities for the water treatment market in Asia.
Further, in MEA, the looming scarcity of natural water resources has generated a significant demand for water treatment facilities owing to the surge in applications in the domestic and industrial sector.
Considering the pace at which companies are penetrating the water treatment industry, development of innovative products and solutions is expected to remain the primary focus for the market players. Further, the adoption of new technologies will continue to play a pivotal role in the development of the global water treatment market. In addition, collaborations and tie-ups with domestic EPC companies and municipalities could prove to be the key in increasing product sales and contract bidding. The applicability of newer technologies is expected to grow as manufacturers continue to focus on research and development and the development of cost-effective water treatment alternatives.
* This data is only a representation. Actual data may vary and will be available in report.Click Here To Know How The Growth Will Unfold
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Water Treatment Market: Global Industry Analysis 2014-2018 & Opportunity Assessment 2019-2029
A recent market study published by FMI on the water treatment market includes global industry analysis 2014-2018 & opportunity assessment 2019-2029, and delivers a comprehensive assessment of the most important market dynamics of the market. After conducting a thorough research on the historic as well as current growth parameters of the water treatment market, growth prospects of the market are obtained with maximum precision.
Water Treatment Market Taxonomy
The global water treatment market is segmented in detail to cover every aspect of the market and present a complete market intelligence approach to the reader.
By System Type
- Water Treatment
- Membrane Bio-Reactor (MBR)
- Reverse Osmosis (RO)
- Micro-Filtration (MF)
- Nano/Ultra Filtration (NF/UF)
- Disinfectants (UV, Ozone)
- Sludge treatment
- Activated Sludge
- Sludge Thickening & Dewatering
- Sludge Drying
- Other Technologies
- Process Water Treatment
- Waste Water Treatment
- Zero Liquid Discharge
By End Use
- Residential Buildings
- Commercial Buildings
- Chemical & Petrochemicals
- Oil & Gas
- Mining & Metals
- Food & Beverage
- Thermoelectric Power Plants
- Other Industries
- North America
- Latin America
- South Asia
- East Asia
- Middle East and Africa
The report initiates with the executive summary of the water treatment market, which includes a summary of key findings and statistics of the market. It also includes the demand- & supply-side trends pertaining to the water treatment market.
Readers can find the definition and a detailed taxonomy of the water treatment market in this chapter, which will help them understand the basic information about the water treatment market. Along with this, a comprehensive information about water treatment and its properties are provided in this section. This section also highlights the inclusions and exclusions, which help readers understand the scope of the water treatment market report.
The water treatment market report provides the key market trends that are expected to significantly impact the market growth during the forecast period. Detailed industry trends are provided in this section.
This section includes factors that have emerged as the key successful factors and strategies adopted by key market participants.
This section explains the global market value analysis and forecast for the water treatment market between the forecast periods of 2019-2029. This chapter also includes a detailed analysis of the historical water treatment market, along with an opportunity analysis of the future. Readers can also find the absolute $ opportunity for the current year (2019), and an incremental $ opportunity for the forecast period (2019–2029).
This chapter explains the key macro-economic factors that are expected to influence the growth of the water treatment market over the forecast period. Along with the macroeconomic factors, this section also highlights the value chain, forecast factors, and value chain analysis for the water treatment market. Moreover, in-depth information about the market dynamics and their impact analysis on the market have been provided in the successive section.
Based on the system type, the water treatment market is segmented into preliminary treatment, water treatment, and sludge treatment. In this chapter, readers can find information about the key trends and developments in the water treatment market and market attractiveness analysis based on the system type.
This chapter provides details about the water treatment market based on the application and has been classified into process water treatment, waste water treatment, zero liquid discharge, and desalination. In this chapter, readers can understand the market attractiveness analysis based on the application.
This chapter provides details about the water treatment market based on the end use, and has been classified into residential buildings, commercial buildings, municipality, and industrial. In this chapter, readers can understand the market attractiveness analysis based on the end use.
This chapter explains how the water treatment market will grow across various geographic regions such as North America, Latin America, Europe, East Asia, South Asia, Oceania, and Middle East & Africa (MEA).
This chapter includes a detailed analysis of the growth of the North America water treatment market, along with a country-wise assessment that includes the U.S. and Canada. Readers can also find the regional trends and market growth based on the system type, application, end use, and countries in North America.
This chapter provides the growth scenario of the water treatment market in Latin American countries such as Brazil, Mexico, Argentina, and the Rest of Latin America. Along with this, an assessment of the market across target segments has been provided.
Important growth prospects of the water treatment market based on its end users in several countries such as Germany, U.K., France, Spain, Italy, Russia, BENELUX, Poland, and the Rest of Europe are included in this chapter.
In this chapter, India, Singapore, Thailand, Malaysia, Indonesia, and Vietnam are the prominent countries in the South Asia region that are the prime subjects of assessment to obtain the growth prospects of the South Asia water treatment market. Readers can find detailed information about the growth parameters of the South Asia water treatment market during the forecast period of 2019-2029.
This chapter highlights the growth of the water treatment market in East Asia by focusing on China, Japan, and South Korea. This section also help readers understand the key factors that are responsible for the growth of the water treatment market in East Asia.
This chapter highlights the growth of the water treatment market in Oceania by focusing on Australia and New Zealand. This section also help readers understand the key factors that are responsible for the growth of the water treatment market in Oceania.
This chapter provides information about how the water treatment market will grow in major countries in the MEA region such as GCC Countries, Northern Africa, South Africa, Turkey, Israel, and the Rest of MEA, during the forecast period of 2019-2029.
This section highlights the growth prospects of the water treatment market for emerging markets such as India, Singapore, and the Netherlands.
In this chapter, readers can find detailed information about the tier analysis and market concentration of key players in the water treatment market, along with their market presence analysis by region and product portfolio.
In this chapter, readers can find a comprehensive list of all the prominent stakeholders in the water treatment market, along with a detailed information about each company, which includes the company overview, revenue shares, strategic overview, and recent company developments. Some of the market players featured in the report are SUEZ S.A., Veolia Environment S.A., Xylem Inc., Hitachi Ltd., Toshiba Corporation, Whirlpool Corporation, Pentair Plc, Evoqua Water Technologies, BWT Aktiengesellschaft, Thermax Global, Voltas Limited, 3M, VA Tech Wabag Limited, Hitachi, Ltd, Toshiba Corporation, Ion Exchange (India) Ltd, METITO Holdings Ltd., EnviroChemie GmbH, Aquarion AG, Eureka Forbes Ltd, IDE Technologies, and Aquatech International LLC, among others.
This chapter includes a list of acronyms and assumptions that provides a base to the information and statistics included in the water treatment market report.
This chapter help readers understand the research methodology followed to obtain various conclusions as well as important qualitative and quantitative information about the water treatment market.
How the research was conducted?
- C - Level Executives
- Marketing Directors
- Product Managers
- Business Development Officers
- Production Managers
- Procurement Heads
- Sales Executives
- Raw Material Suppliers
- Industry Experts
- End Users
- Current market dynamics and challenges
- Yesteryear trends
- Market characteristics
- Market performance and growth quadrants
- Competition structure and market structure
- Strategic growth initiatives
- Near-term and long-term market growth prospects
- Market segment splits and authenticity
- Opinions on market projections and validity of assumptions
- Industry Publications
- World Bank and Government Websites
- Company Press Releases
- Annual Reports and Investor Presentations
- Research Papers
- Government Websites and Publications
- Trade Websites
Primary Interview Splits