The global primary water and wastewater treatment equipment market size is expected to reach USD 15.92 billion by 2027, according to a new report by Grand View Research, Inc. The market is anticipated to exhibit a CAGR of 3.5% during the forecast period. Rising awareness regarding water pollution and environmental degradation is anticipated to boost the demand for wastewater management plants, thereby driving the market growth.
Rapid growth in the construction of new housing projects and the rising number of users connected to centralized sludge management systems is expected to drive demand for primary water and wastewater treatment equipment. Furthermore, capacity expansion and the construction of new manufacturing plants worldwide are expected to positively impact market growth.
The demand for primary treatment for industrial discharge and waste is expected to be driven by the stringent regulations enforced by the national governments, along with rising awareness regarding water and sludge management. Governing authorities in various countries are funding the R&D for water and wastewater treatment, which is expected to fuel the market growth.
The urban population growth and rising disposable income in the Asia Pacific and Central and South America are expected to promote the housing sector growth on a domestic level, thereby increasing the penetration of municipal sludge management facilities. This, in turn, is likely to drive the demand for primary water and wastewater treatment equipment over the forecast period.
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The demand for pre-treatment equipment such as coarse screens, bar screens, and waterfall screens is estimated to witness a CAGR of 3.9% from 2020 to 2027, owing to their ability to remove solid objects effectively at low cost
The product demand in the municipal sector is estimated to witness a CAGR of 3.2% from 2020 to 2027, owing to rapid urbanization, growing population, and improvement in the municipal sludge management infrastructure in developing countries
China is expected to expand at a CAGR of 5.0% from 2020 to 2027, in terms of revenue, owing to the new regulations imposed by the Ministry of Environmental Protection to adhere to stringent standards concerning sludge discharge
The Middle East and Africa accounted for 14.8% of the global revenue share in 2019 owing to the increasing requirement of water and sludge management coupled with expanding population due to increased immigration in the region
The major industry players including Suez, Veolia, Xylem, Beckart Environmental, Inc., Ecologix Environmental Systems, LLC, and Evoqua Water Technologies LLC are focused on optimum growth by providing complete wastewater treatment solutions
Grand View Research has segmented the global primary water & wastewater treatment equipment market on the basis of product, application, and region:
Primary Water & Wastewater Treatment Equipment Product Outlook (Revenue, USD Million, 2016 - 2027)
Primary Water & Wastewater Treatment Equipment Application Outlook (Revenue, USD Million, 2016 - 2027)
Primary Water & Wastewater Treatment Equipment Regional Outlook (Revenue, USD Million, 2016 - 2027)
Central & South America
The Middle East & Africa
List of Key Players of Primary Water & Wastewater Treatment Equipment Market
Beckart Environmental, Inc.
Evoqua Water Technologies LLC
WesTech Engineering, Inc.
Lakeside Equipment Corporation
Ecologix Environmental Systems, LLC
Samco Technologies, Inc.
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