Water And Wastewater Treatment Equipment Market Size, Share & Trends Analysis Report By Equipment (Membrane Separation), By Application (Municipal, Industrial), By Process, By Region, And Segment Forecasts, 2022 - 2030

Report Overview

The global water and wastewater treatment equipment market size was estimated at USD 61.14 billion in 2021 and is anticipated to expand at a compound annual growth rate (CAGR) of 4.2% from 2022 to 2030. An increase in demand for clean water due to industrialization and rising urbanization, along with diminishing freshwater supplies expected to enhance product demand, during the forecast period. The COVID-19 pandemic forced hospitals to implement advanced wastewater treatment methods in order to stop the virus's spread. As a result, during the pandemic, decentralized wastewater treatment facilities with several disinfection barriers in quarantine facilities and isolation wards gained popularity. Increasing investments in the exploration and production activities by the oil & gas companies in the U.S. are anticipated to boost the demand for water and wastewater treatment equipment in the oil & gas industry. The rising number of infrastructure upgrades, in terms of changing or the installation of new pipelines expected to have a positive impact on the growth of the market.

Furthermore, increasing shale gas exploration activities owing to improved exploration technologies, including horizontal and hydraulic drilling, coupled with the rising use of shale gas in manufacturing and energy industries, are expected to augment market growth in the forecast period. Rising production activities in the U.S. and emerging economies are expected to boost the demand for water & wastewater treatment equipment.

In addition, the United Nations Sustainable Development Goal 6 aims at ensuring access to water and sanitation for all people across the globe by the year 2030 and is nudging governments to take steps in the right direction. Rising government initiatives to provide safe drinking water are anticipated to have a positive impact on the growth of the water and wastewater treatment equipment market in the forecast period

The global industrial sector is moving toward sustainable development, resulting in the continuous development and implementation of new technologies and innovations that have a minimum impact on the environment. The continuously rising investments in R&D activities for the incorporation of advanced technologies in water and wastewater treatment equipment are expected to fuel the growth of the market during the forecast period.

Equipment Insights

The membrane separation equipment segment led the market and accounted for 20.2% of the global revenue share in 2021. Rising production activities and increasing investments in industrial equipment are also expected to fuel market growth. Membrane separation offers several benefits such as superior filtration efficiency and minimum area required for operation over most of the existing water purification techniques.

The biological equipment segment accounted for 12.6% of the global revenue share in 2021. Stringent regulations at controlling water pollution at manufacturing and municipal levels through the utilization of eco-friendly means in developed markets, including the U.S., Canada, Germany, and Japan, are expected to upscale the requirement of biological treatment equipment for water as well as wastewater treatment.

The disinfection equipment segment is expected to register a CAGR of 4.4% in the forecast period. Disinfection is the removal of pathogenic microorganisms by chemical, physical or biological means. The rising importance of ultraviolet (UV) radiation technology in disinfection equipment owing to its ability to not release carcinogenic byproducts into the environment is expected to remain one of the favorable factors for market growth.

The sludge treatment equipment segment of water and wastewater treatment equipment accounted for 16.2% of the global revenue share in 2021. Sludge dewatering is used for the extraction of water from solids and disposing of dewatered residue. It uses both centralized and decentralized means of treating the sewage produced during municipal and industrial treatments.

Process Insights

The primary treatment process segment led the market and accounted for 19.4% of the global revenue share in 2021. Primary water & wastewater treatment involves the removal of floating materials and heavy solids from effluent. Wastewater is passed through several tanks and filters that separate water from contaminants. Low operating costs and high market visibility of the abovementioned technology are expected to play a crucial role in increasing the application scope of primary treatment in the forecast period.

Companies are also trying to develop systems to increase primary treatment capacities where there is limited or less space or cost considerations to install more advanced treatment equipment. The use of primary treatment equipment such as screens or grit chambers is expected to grow in rural areas, especially in African countries where awareness about sewage treatment is beginning to grow.

The secondary treatment process accounted for 36.7% of the global revenue share in 2021. The increased usage of public sewers by rural homes is anticipated to put stress on current centralized wastewater treatment facilities. This is likely to create the need for new capacity development or expansion of existing capacity, which is predicted to boost demand for wastewater secondary treatment equipment in the forecast period.

The tertiary treatment process is expected to register a CAGR of 4.5% in the forecast period. Tertiary treatment is used to provide a final cleaning process that improves the effluent quality of water before it is reused, recycled or discharged to the environment. In this process, the remaining inorganic compounds and substances, bacterium, viruses, and parasites are removed to make water ideal for reuse.

Application Insights

The municipal application led the market and accounted for 65.8% of the global revenue share in 2021. Increasing urban population, rising investment, and favorable government policies promoting infrastructure development are projected to foresee tremendous demand for wastewater treatment systems in municipal sectors of developing markets including Turkey, China, India, Thailand, and Bangladesh.

Furthermore, the implementation of the National Infrastructure Program is expected to play an important role in increasing the penetration of water treatment facilities on a domestic level, which is expected to promote the demand for membrane separation and disinfection equipment in the forecast period.

The industrial application segment is likely to expand at a CAGR of 4.4% in the forecast periodRapid urbanization, technological developments, and an increasing number of production units are resulting in high demand for fresh and processed water. These factors are, in turn, projected to promote the growth of the water and wastewater treatment equipment market in the forecast period.

Increasing spending on mining operations in Chile, Peru, and Mexico as a result of government support for investments in this sector to companies including BHP Billiton, Vale, and Rio Tinto is expected to increase the water & wastewater treatment equipment market size in the forecast period.

The Chinese companies are expected to invest heavily in water and wastewater treatment equipment along with management services in the coming years. In Jan 2021, the Suez Group signed contracts with China National Petroleum Corporation (CNPC) worth USD 317 million. The project will aim towards achieving Zero Liquid Discharge (ZLD) of petrochemical effluents. Similar projects involving the treatment of effluents is expected to increase the demand for water and wastewater treatment equipment in industrialized nations such as China and India.

Regional Insights

The Asia Pacific led the market and accounted for 34.3% of the global revenue share in 2021. The strong consumer base has led to a significant surge in demand for water and wastewater treatment equipment. Furthermore, improving economic conditions, a rising population, and the presence of one of the biggest manufacturing sectors are projected to impact regional growth positively.

Middle East & Africa is expected to grow at a CAGR of 4.4% during the forecast period owing to the growing population, rising urbanization, and growth in the food & beverage and chemical-petrochemical industries are expected to positively influence the region's water and wastewater industry growth.

Europe is likely to expand at a CAGR of 3.4% during the forecast period. Europe has the second-largest water and wastewater treatment equipment market and the most stringent laws in place concerning water treatment. Stringent government regulations, industrial automation, top mergers & acquisitions, strategic policies, and expansions have propelled the water and wastewater treatment equipment market growth.

Central & South America accounted for 3.9% of the global revenue share in 2021. The robust presence of oil & gas reserves in, Brazil, Columbia, Venezuela, and Argentina is expected to have a positive impact on the market. Furthermore, airport expansions and the development of large-scale commercial structures, especially in Brazil and Columbia, are anticipated to drive the demand for water and wastewater treatment equipment during the forecast period.

Key Companies & Market Share Insights

Manufacturers of water and wastewater treatment equipment follow several strategies, including mergers, acquisitions, joint ventures, new product developments, and geographical expansions, to enhance their market penetration and cater to the changing technological demand for equipment from various applications such as industrial and municipal.

For instance, in January 2020, Xylem, Inc. expanded its regional headquarters in Singapore through the launch of a multi-disciplinary center for water, wastewater, and energy technologies. This center is expected to focus on developing technologies in the field of water distribution and water & wastewater treatment. Some prominent players in the water and wastewater treatment equipment market include:

• Ecolab Inc.

• Veolia Group

• Evoqua Water Technologies LLC

• Aquatech International Corporation

• Calgon Carbon Corporation

• Toshiba Water Solutions Private Limited

• Xylem Inc

• DuPont

• Ecologix Environmental Systems, LLC

• Parkson Corporation

Water And Wastewater Treatment Equipment Market Report Scope

Global Water And Wastewater Treatment Equipment Market Segmentation

This report forecasts revenue growth at global, regional & country levels and provides an analysis of the industry trends in each of the sub-segments from 2017 to 2030. For this study, Grand View Research has segmented the global water and wastewater treatment equipment market report based on equipment, process, application, and region:

• Equipment Outlook (Revenue, USD Billion, 2017 - 2030)

  • Membrane Separation

  • Biological

  • Disinfection

  • Sludge Treatment

  • Others

• Process Outlook (Revenue, USD Billion, 2017 - 2030)

  • Primary Treatment

  • Secondary Treatment

  • Tertiary Treatment

• Application Outlook (Revenue, USD Billion, 2017 - 2030)

  • Municipal

  • Industrial

• Regional Outlook (Revenue, USD Billion, 2017 - 2030)

  • North America

    • U.S.

    • Canada

    • Mexico

  • Europe

    • France

    • Germany

    • Russia

    • Norway

    • UK

    • Finland

  • Asia Pacific

    • China

    • India

    • Japan

    • Australia

  • Central & South America

    • Brazil

    • Argentina

    • Venezuela

  • Middle East & Africa

    • Saudi Arabia

    • UAE

    • Egypt