Water And Wastewater Treatment Equipment Market

The global market for water and wastewater treatment equipment was valued at approximately USD 63.45 billion in 2022 and is projected to grow at a CAGR of 4.5% from 2023 to 2030. The market is driven by factors such as population growth, urbanization, industrialization, and stringent environmental regulations. Increasing awareness of environmental pollution, strict waste and wastewater management regulations, and a rising demand for sustainable and efficient treatment solutions are expected to fuel market growth. Advanced technologies like membrane filtration, activated sludge treatment, and biological treatment offer benefits such as improved water quality, reduced environmental impact, and enhanced public health.

Companies in the market are forming partnerships with end-users to promote new technologies, while increased investment in research and development aims to improve technology efficiency and drive market growth. Small and medium-sized businesses are adopting new treatment technologies, creating growth opportunities. For example, LTIMindtree Limited partnered with Yorkshire Water in December 2022 to transform the latter's business operations across asset management, wastewater, and water segments.

Technological advancements and the introduction of innovative treatment solutions present significant opportunities for market players to gain a competitive advantage. Membrane filtration and ultraviolet disinfection technologies are witnessing increased adoption due to their efficacy in treating water and wastewater.

Application Insights:
In 2022, the municipal application segment held the largest market share, accounting for 66.1% of global revenue. The demand for wastewater treatment systems in developing markets like China and India is driven by urban population growth, increased investment, and government policies supporting infrastructure development.

The industrial application segment is projected to grow at a CAGR of 4.8% over the forecast period. Rapid urbanization, technological advancements, and the proliferation of production units contribute to the high demand for fresh and processed water, thereby driving the growth of the industrial application.

The commercial application segment is expected to grow at a CAGR of 4.5% over the forecast period. In the municipal segment, water and wastewater treatment equipment are used to purify water for human consumption and treat wastewater before its release into the environment. Membrane filtration systems such as reverse osmosis and ultrafiltration are employed to remove dissolved solids, bacteria, and contaminants. UV disinfection systems are utilized to eliminate bacteria and microorganisms. Various materials and equipment, including activated carbon, sand and gravel filters, membranes, and UV disinfection systems, are commonly used in the treatment processes for both municipal and industrial segments.

In the industrial segment, water and wastewater treatment equipment are employed to treat water used in various industrial processes. These processes generate wastewater containing contaminants like chemicals, heavy metals, and organic compounds. Biological treatment systems like activated sludge and anaerobic digestion rely on microorganisms to decompose organic matter, while chemical treatments like flocculation and coagulation eliminate specific types of contaminants from wastewater.

Report Coverage & Deliverables:
The report provides a PDF version and an online dashboard that offer the following insights:
• Competitive benchmarking
• Historical data and forecasts
• Company revenue shares
• Regional opportunities
• Latest trends and dynamics

Process By Equipment Insights:
The market was dominated by the tertiary treatment segment, accounting for a revenue share of 44.0% in 2022. This segment is expected to grow at the fastest CAGR of 4.8% from 2023 to 2030. Water and wastewater treatment equipment play a crucial role in managing and treating wastewater for safe discharge or reuse. The treatment process involves multiple steps, each requiring specific equipment and processes. In the primary treatment process, organic and inorganic solids are removed using equipment like primary clarifiers, oil-water separators, and dissolved air flotation systems. This step is vital to prevent clogging and damage to downstream equipment.
The secondary treatment process involves the removal of dissolved and suspended organic matter and nutrients through equipment such as activated sludge systems, trickling filters, and rotating biological contactors. These systems utilize microorganisms to break down organic matter and nutrients, reducing the overall pollutant load.
During the tertiary treatment process, remaining impurities and contaminants are removed from the treated water using equipment like membrane filtration systems and disinfection systems. This step ensures that the treated wastewater is safe for reuse or discharge.

Regional Insights:
Asia Pacific dominated the water and wastewater treatment equipment market, accounting for a 34.7% share of global revenue in 2022. It is projected to grow at a CAGR of 5.7% from 2023 to 2030. Increasing awareness about water conservation and environmental protection among consumers and industries is expected to drive market growth in the region. The presence of numerous established and emerging players in the water and wastewater treatment equipment industry, such as Huber SE, SUEZ SA, Veolia Water Solutions and Technologies, Kurita Water Industries Ltd., Thermax Limited, and SWA Water Australia, is expected to fuel market growth in the region.

The Central & South America market is anticipated to grow at a CAGR of 4.6% over the forecast period. Governments and regulatory bodies in the region are taking initiatives to improve water quality and promote sustainable water management practices, which is driving market growth. Additionally, the region is home to several industries such as food and beverage, pharmaceuticals, and chemicals, which require effective wastewater treatment solutions to comply with environmental regulations.

Key Companies & Market Share Insights:
Manufacturers in the market employ various strategies, including mergers, product developments, joint ventures, geographical expansions, and acquisitions, to cater to changing technological requirements and enhance market penetration across municipal and industrial applications. For example, Evoqua Water Technologies completed the acquisition of an industrial water treatment service division from Kemco Systems in February 2023. This acquisition will enable the company to expand its aftermarket services in the North American market and strengthen its capability to support industrial customers. Some prominent players in the global water and wastewater treatment equipment market include Xylem, Inc., Pentair plc, Evoqua Water Technologies LLC, Aquatech International LLC, Ecolab Inc., DuPont, Calgon Carbon Corporation, Toshiba Water Solutions Private Limited (TOSHIBA CORPORATION), Veolia Group, Ecologix Environmental Systems, LLC, Evonik Industries AG, Parkson Corporation, Lenntech B.V., Samco Technologies, Inc., Koch Membrane Systems, Inc., General Electric, and Ovivo.

Global Water & Wastewater Treatment Equipment Market Segmentation
This report forecasts revenue growth at global, regional & country levels and provides an analysis on the industry trends in each of the sub-segments from 2023 to 2030. For this study, MarketDigits has segmented the global water and wastewater treatment equipment market based on application, process by equipment, and region:

Application Outlook (Revenue, USD Billion, 2023 - 2030)
• Municipal
• Industrial

Process By Equipment Outlook (Revenue, USD Billion, 2023 - 2030)
• Primary Treatment
o Primary Clarifier
o Sludge Removal
o Grit Removal
o Pre-Treatment
o Others

Secondary Treatment
o Activated Sludge
o Sludge Treatment
o Others
• Tertiary Treatment
o Tertiary Clarifier
o Filters
o Chlorination Systems
o Others

Regional Outlook (Revenue, USD Billion, 2023 - 2030)
• North America
o U.S.
o Canada
o Mexico
• Europe
o Germany
o UK
o France
o Italy
o Norway
o Finland
• Asia Pacific
o China
o India
o Japan
o Australia
• Central & South America
o Brazil
o Argentina
o Venezuela
• Middle East & Africa
o Saudi Arabia
o UAE
o Egypt