Water And Wastewater Treatment Equipment Market Size, Share & Trends Analysis Report, By Application (Municipal, Industrial), Process By Equipment (Primary Treatment), By Region And Segment Forecasts, 2023 - 2030

Report Overview

The global water and wastewater treatment equipment market size was estimated at USD 63.45 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 4.5% over the forecast period from 2023 to 2030. The growth of the market is attributed to factors such as increasing population, urbanization, industrialization, and stringent environmental regulations. Increasing awareness about environmental pollution, stringent regulations on waste and wastewater management, and growing demand for sustainable and efficient wastewater treatment solutions are expected to drive the growth of the market. The global market is expected to witness growth on account of several factors, including increasing industrialization, population growth, and strict government regulations regarding the discharge of wastewater. The use of advanced technologies such as membrane filtration, activated sludge treatment, and biological treatment in wastewater treatment equipment provides 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. Increased investment in research and development to improve technology efficiency is also expected to drive market growth. Small and medium-sized businesses are adopting new water and wastewater treatment technologies, creating opportunities for growth. For instance, in December 2022, LTIMindtree Limited, a consulting and information technology services company, announced a partnership with Yorkshire Water, a water treatment utility and water supply company, to transform its business operations across the latter’s asset management, wastewater, and water segments.

Many opportunities in the market due to technological advancements and the introduction of innovative treatment solutions provide huge potential for market players to implement such solutions to gain a competitive advantage. The market is witnessing growth in the adoption of membrane filtration and ultraviolet disinfection technologies because of their high efficacy in treating water and wastewater.

Application Insights

In 2022, the municipal application segment dominated the market, contributing to 66.1% of the global revenue share. The significant demand for wastewater treatment systems in developing markets like China, India, is a result of the growing urban population, increased investment, and favorable government policies that promote infrastructure development.

The industrial application segment is likely to grow at a CAGR of 4.8% over the forecast period. This growth is due to the high demand for fresh and processed water caused by rapid urbanization, technological advancements, and the increasing number of production units. As a result, these factors are expected to drive the expansion of the industrial application.

The application segment is likely to grow at a CAGR of 4.5% over the forecast period. In the municipal segment, water and wastewater treatment equipment are used for the purification of water to make it safe for human consumption and to treat wastewater before it is released back into the environment. Membrane filtration systems, such as reverse osmosis and ultrafiltration, are used to remove dissolved solids, bacteria, and other contaminants from the water. UV disinfection systems are used to kill bacteria and other microorganisms that may be present in the water. Various materials and equipment, such as activated carbon, sand and gravel filters, membranes, and UV disinfection systems, are commonly utilized in the treatment processes for both municipal and industrial segments of water and wastewater treatment.

In the industrial segment, water and wastewater treatment equipment are used to treat water that is used in various industrial processes. These processes can produce wastewater that contains a variety of contaminants, including chemicals, heavy metals, and organic compounds.In wastewater treatment, biological treatment systems like activated sludge and anaerobic digestion rely on microorganisms to decompose organic matter and other impurities. On the other hand, chemical treatments like flocculation and coagulation are employed to eliminate specific types of contaminants from the wastewater.

Process By Equipment Insights

The tertiary treatment segment dominated the market with a revenue share of 44.0% in 2022 and is expected to grow at the fastest CAGR of 4.8% over the forecast period from 2023 to 2030. Water and wastewater treatment equipment play a crucial role in managing and treating wastewater to make it safe for discharge into the environment or for reuse. The treatment process involves several steps, each with its specific equipment and processes. During the primary treatment process, organic and inorganic solids are removed from the wastewater using equipment such as primary clarifiers, oil-water separators, and dissolved air flotation systems. This step is critical to prevent clogging and damage to downstream equipment in the treatment process.

In the secondary treatment process, dissolved and suspended organic matter and nutrients are removed from the wastewater using equipment such as activated sludge systems, trickling filters, and rotating biological contactors. These systems use microorganisms to break down organic matter and nutrients in the wastewater, reducing its overall pollutant load.

During the tertiary treatment process, remaining impurities and contaminants are removed from the treated water using equipment such as membrane filtration systems, and disinfection systems. This step makes certain that the treated wastewater is safe for reuse in the environment or discharge.

Regional Insights

Asia Pacific dominated the water and wastewater treatment equipment market and accounted for a 34.7% share of global revenue in 2022 and is expected to grow at a CAGR of 5.7% over the forecast period from 2023 to 2030. Increasing awareness among consumers and industries about the importance of water conservation and environmental protection is expected to drive the growth of the market in the region. The presence of a large number of 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 the market growth over the forecast period. All of these factors combined have contributed to the dominance of the Asia Pacific region in the market.

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 the growth of the market. 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

The manufacturers adopt several strategies, including mergers, product developments, new joint ventures, geographical expansions, and acquisitions to cater to the changing technological requirements and enhance market penetration across various applications such as municipal and industrial. For instance, in February 2023, Evoqua Water Technologies completed the acquisition of an industrial water treatment service division from Kemco Systems. This acquisition will help the company to expand its aftermarket services in the North America market while strengthening the company capability to support and serve its 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

• Ovivo

Water And Wastewater Treatment Equipment Market Report Scope

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 2018 to 2030. For this study, Grand View Research has segmented the global water and wastewater treatment equipment market based on application, process by equipment, and region:

• Application Outlook (Revenue, USD Billion, 2018 - 2030)

  • Municipal

  • Industrial

• Process By Equipment Outlook (Revenue, USD Billion, 2018 - 2030)

  • Primary Treatment

    • Primary Clarifier

    • Sludge Removal

    • Grit Removal

    • Pre-Treatment

    • Others

  • Secondary Treatment

    • Activated Sludge

    • Sludge Treatment

    • Others

  • Tertiary Treatment

    • Tertiary Clarifier

    • Filters

    • Chlorination Systems

    • Others

• Regional Outlook (Revenue, USD Billion, 2018 - 2030)

  • North America

    • U.S.

    • Canada

    • Mexico

  • Europe

    • Germany

    • UK

    • France

    • Italy

    • Norway

    • Finland

  • Asia Pacific

    • China

    • India

    • Japan

    • Australia

  • Central & South America

    • Brazil

    • Argentina

    • Venezuela

  • Middle East & Africa

    • Saudi Arabia

    • UAE

    • Egypt