Wastewater Treatment Equipment Market Forecast 2024-2033: Projected CAGR, Key Drivers, And Trends

Overview and Scope
Wastewater treatment equipment is a device that removes all the impurities from the wastewater before discharging back into natural bodies. They are used to purify the wastewater.

Sizing and Forecast
The wastewater treatment equipment market size has grown steadily in recent years. It will grow from <b>$32.74 billion in 2023 to $34.15 billion in 2024 at a compound annual growth rate (CAGR) of 4.3%. </b> The growth in the historic period can be attributed to growing global population, urbanization and industrialization, water scarcity concerns, stringent environmental regulations.

The wastewater treatment equipment market size is expected to see steady growth in the next few years. It will grow to <b>$41.41 billion in 2028 at a compound annual growth rate (CAGR) of 4.9%. </b> The growth in the forecast period can be attributed to public health awareness, aging infrastructure, water quality improvement, climate change impacts, economic growth. Major trends in the forecast period include iot and sensors, sustainable agriculture, ai and machine learning, robotic farming.

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Segmentation & Regional Insights
The wastewater treatment equipment market covered in this report is segmented –

1) By Equipment: Filtration Equipment, Membrane Equipment, Thermal Distillation Equipment And Evaporators, Disinfection Equipment
2) By Process: Primary, Secondary, Tertiary
3) By Texture: Smooth, Textured
4) By Application: Municipal, Industrial

<b>Asia-Pacific</b> was the largest region in the wastewater treatment equipment market in 2023. <b>Western Europe</b> was the second largest region in the wastewater treatment equipment market. The regions covered in the wastewater treatment equipment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

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Major Driver Impacting Market Growth
The wastewater treatment equipment market is being driven by a rapidly increasing disposal of wastewater from the industrial as well as residential sectors. The high quantity of wastewater being disposed of is increasing the necessity to treat the water using wastewater treatment equipment. According to a research study published by the European Environment Agency (EEA), the percentage of the residential population disposing of wastewater in northern European countries is always above 80 % out of which more than 70 % received tertiary wastewater treatment. Furthermore, in central European countries, the proportion of the population connected to urban wastewater treatment in southern, south-eastern, and eastern Europe is 97% out of which 75% are receiving tertiary wastewater treatment. According to the international water association (IWA)’s wastewater report, the Philippines accounted for about a million cubic meters of wastewater disposed of every year by industrial sectors in Manila Bay and Laguna Lake. These factors are driving the wastewater treatment equipment market growth.

Key Industry Players
Major companies operating in the wastewater treatment equipment market include <b>Suez SA, 3M Company, General Electric Company, Culligan International Company, Dow Water & Process Solutions, Pentair plc, Aquatech International LLC, Danaher Corporation, Chembond Chemicals Limited, Calgon Carbon Corporation, Toray Industries Inc., Thermax Limited, Degrémont SA, Hitachi Ltd., Siemens AG, Evoqua Water Technologies Corp., BWT AG, Veolia Environnement SA, Xylem Inc., Doosan Heavy Industries & Construction Co. Ltd., Kurita Water Industries Ltd., Accepta Ltd., Ion Exchange (India) Ltd., Thermo Fisher Scientific Inc., Ashland Global Holdings Inc., Engie SA, Kemira Oyj, Ryan Herco Flow Solutions, Pall Corporation, Ecolab Inc., Ovivo Inc.</b>

The wastewater treatment equipment market report table of contents includes:

1. Executive Summary

2. Wastewater Treatment Equipment Market Characteristics

3. Wastewater Treatment Equipment Market Trends And Strategies

4. Wastewater Treatment Equipment Market – Macro Economic Scenario

5. Global Wastewater Treatment Equipment Market Size and Growth
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31. Global Wastewater Treatment Equipment Market Competitive Benchmarking

32. Global Wastewater Treatment Equipment Market Competitive Dashboard

33. Key Mergers And Acquisitions In The Wastewater Treatment Equipment Market

34. Wastewater Treatment Equipment Market Future Outlook and Potential Analysis

35. Appendix

Top Major Players:

Suez SA

3M Company

Culligan International Company

Dow Water & Process Solutions

Pentair PLC

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