Demand is expected to reach $53.4 billion in 2017
World demand for water treatment equipment is expected to grow 6.9% per year to $53.4 billion in 2017.
Developing parts of the world—the Asia/Pacific and Africa/Mideast regions, Eastern Europe, and Central and South America—are expected to show strong growth, with gains supported by improved access to treated drinking water and sanitation facilities, particularly through greater use of filtration and membrane systems. Expanding manufacturing and industrial activities requiring water treatment equipment such as membrane systems and disinfection equipment will also promote growth in these regions. These and other trends are presented in "World Water Treatment Equipment," a new study from The Freedonia Group Inc., a Cleveland-based industry market research firm.
Freedonia analyst Emily Park expects, “more modest gains in the mature markets for water treatment equipment—North America, Western Europe, and Japan.” Demand for membrane systems and disinfection equipment in these regions will be supported by continued efforts to reduce chemical use by replacing chlorine and other chemicals with water treatment equipment, and by an ongoing rebound in manufacturing output after the 2009 global recession.
Increasing standards for process and supply water in manufacturing and other industrial applications in all regions will contribute to strong growth prospects for membrane equipment. Membrane equipment demand will also be promoted by greater interest in water reuse, particularly in developed countries, and by the growing market for water desalination equipment, particularly in the Middle East and Northern Africa.
Disinfection equipment is also expected to benefit in North America, Western Europe, and other developed areas from the implementation of regulations limiting the levels of disinfection byproducts found in drinking water that has been treated with chemical disinfectants.
The market for filtration equipment is relatively mature and faces competition from membrane systems and other newer technologies. As a result, demand for filtration equipment is expected to grow at a more modest pace, with most gains occurring in the municipal markets in developing parts of the world.
More like this
- Market Research Report Analyzes Global Water Treatment Industry
- New Study Projects World Demand for Water Treatment to Approach $65 Billion in 2015
- U.S. Demand for Water Treatment Equipment to Reach $13 Billion in 2017
- Global Demand for Water Treatment Chemicals to Exceed $30 Billion
- Demand for Consumer Water Treatment Systems to Reach $13.4 Billion by 2017