Chicago, Jan. 18, 2023 (GLOBE NEWSWIRE) -- Markets N Research has recently released expansive research on Global Drinking Water Treatments Market with 100+ market data Tables, Pie Chart, and Graphs & Figures spread through Pages and easy to understand detailed analysis. The report endows with wide-ranging statistical analysis of the market’s continuous developments, capacity, production, production value, cost/profit, supply/demand and import/export. This market report provides best solutions for strategy development and implementation depending on client’s needs to extract tangible results. This market research report serves the clients by providing data and information on their business scenario with which they can stay ahead of the competition in today's rapidly changing business environment.
As per the report titled "Drinking Water Treatments Market Size, Share & COVID-19 Impact Analysis, By Technology Type (Extended Aeration, Moving Bed Biofilm Reactor, Membrane Bioreactor, Sequential Batch Reactor, Reverse Osmosis, and Other Technologies) and Regional Forecasts, 2023-2030" observes that the market size in 2022 stood at USD 5.1 billion and USD 10.3 billion in 2030. The market is expected to exhibit a CAGR of 10.60% during the forecast period.
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Drinking Water Treatments Market Analysis:
As levels of water contamination rise, so will the need for drinking water treatments. In addition, small towns, cities, and educational institutions frequently use drinking water treatments. It is projected that rising market value will be driven by growing public awareness of the advantages of clean water. Additionally, as education, literacy, and wealth levels have increased worldwide, people's awareness of the importance of clean water in preventing sickness and preserving good health has grown. Awareness has grown in developing nations, including China, India, Brazil, and South Africa. Additionally, market participants would benefit from growing country spending on drinking water treatment during the projected period.
Report Scope:
| Report Coverage | Details |
| Forecast Period | 2023-2030 |
| Forecast Period 2023 to 2030 CAGR | 10.60 % |
| 2030 Value Projection | 10.3 billion |
| Base Year | 2022 |
| Market Size in 2022 | 5.1 billion |
| Historical Data for | 2016 - 2021 |
| Segments covered | By Technology Type and By Geography |
| Regional Scope | North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America |
List Of Key Companies Profiled:
- Veolia Water Technologies
- Corix Water Systems
- Westech Engineering Inc.
- GE Water & Process Technologies
- Napier-Reid Ltd.
- CST Wastewater Solutions Inc.
- Smith & Loveless Inc.
- WPL International
- Enviroquip
- RWL Water
Fluence Corporation Limited has signed an exclusive agreement to promote Smart Packaged Aspiral MABR with Aquatec Maxcon
In June 2020, Fluence Corporation Limited and Aquatec Maxcon, a prominent Australian provider of water and wastewater solutions, inked an exclusive agreement to market and distribute Smart Packaged Aspiral MABR-based systems in Australia.
Major Players Develop Acquisition Plans to Boost Brand Image
The leading businesses in the drinking water treatment market plan acquisitions to improve their brand recognition globally. For instance, in July 2018, the water treatment system IonPRO LX, developed by Veolia, is very dependable and requires little operator intervention. Its small size and use of stainless steel extend its lifespan. This product may attract more interest from pharmaceutical and general manufacturers because it complies with all FDA and MHRA regulations.
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Our Free Sample Report Consists of the following:
- Introduction, Overview, and in-depth industry analysis are all included in the 2023 updated report.
- The COVID-19 Pandemic Outbreak Impact Analysis is included in the package
- About 220+ Pages Research Report (Including Recent Research)
- Provide detailed chapter-by-chapter guidance on the Request
- Updated Regional Analysis with a Graphical Representation of Size, Share, and Trends for the Year 2022
- Includes Tables and figures have been updated
- The most recent version of the report includes the Top Market Players, their Business Strategies, Sales Volume, and Revenue Analysis
- MNR research methodology
Driving Factors:
- Market Technological Advancements to Support its Expansion
Due to the dramatic increase in world population, the market is poised for global expansion. A high degree of technological advancement is seen in the drinking water treatment sector, improving the rate of expansion. Additionally, the major worldwide regions have just recently begun to experience industrialization, which is projected to increase the number of prospects for market growth and development during the projection period. The market is expected to grow at a fantastic rate over the projected period due to rising water usage, pollution, and contamination levels, as well as rising concerns among a growing global population.
- Rising Awareness for Clean Water amongst Consumers to Drive the Market
A growing public understanding of the benefits of clean water is anticipated to increase the market value. As a result of advancements in the world's affluence, literacy, and education levels, people are also becoming more conscious of the significance of clean water in preventing diseases and maintaining good health. Developing countries like China, India, Brazil, and South Africa have all shown signs of increased awareness. Additionally, the numerous advantageous traits of drinking water treatment, such as operational readiness, small size, cost savings, and hassle-free operation, will further accelerate the market's growth rate.
Restraining Factors:
- Heavy Investment and Increased Operating Costs will Impede Market Expansion
The market for packaged water treatment systems will have challenges as a result of their high price. Treating water is costly and requires ongoing maintenance and correct sludge disposal or further stabilization after the process. Additionally, the complexity of operations requires a lot of labor-intensive work, which raises operational costs and competition levels, reduces profit margins, and requires significant investments to construct manufacturing facilities. It is projected that these factors will impede market expansion in the upcoming years.
Challenging Factors:
- Government Regulations are too Strict and are Preventing Market Expansion
Population growth has resulted in problems like the depletion of natural resources like water. In order to stop this, governments worldwide are establishing courts and adhering to stringent environmental regulations regulating water disposal in developing nations like India and China, which are a part of the APAC area. Thus, the market for drinking water treatments was restrained throughout the projection period. A challenge for the sector is fluctuating business and economic conditions that lead to less investment in packaged water treatment systems by organizations and governments. A barrier to the market's growth is a lack of experienced labor for operating technologically complex packaged water treatment system systems.
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Global Drinking Water Treatments Market Segmentations:
Global Drinking Water Treatments Market By Technology Type:
- Extended Aeration
- Moving Bed Biofilm Reactor
- Membrane Bioreactor
- Sequential Batch Reactor
- Reverse Osmosis
- Other Technologies
Global Drinking Water Treatments Market Regional Insights:
The Asia Pacific is projected to hold the largest share of the drinking water treatment market over the forecast period due to the region's increasing need for clean water supplies, population expansion, and increased government expenditure on water purification. Due to the increase in education, literacy, and economic levels worldwide, people in this region are now more aware of the significance of having access to clean drinking water for preventing sickness and maintaining good health. Additionally, awareness has grown in developing nations like China, India, and South Korea. Another significant factor influencing the market for drinking water treatments is the growing world population, which has put pressure on water resources.
Further Report Findings
- The market in the Asia Pacific is expected to gain a huge portion of the global drinking water treatments market share in the coming years due to rising urbanization; governments from many countries are taking more steps to improve water purification systems and construct well-maintained drainage systems throughout the region's expanding economy.
- Leading nations in drinking water treatment include China, India, Japan, and South Korea.
- In North America, the growth in this region is primarily driven by a sizable number of significant key actors and the growing investment made by various private and public enterprises to improve the region's water quality.
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Key questions answered in this report:
- What is the size of the Drinking Water Treatments market and what is its expected growth rate?
- What are the primary driving factors that push the Drinking Water Treatments market forward?
- What are the Drinking Water Treatments Industry's top companies?
- What are the different categories that the Drinking Water Treatments Market caters to?
- What will be the fastest-growing segment or region?
- In the value chain, what role do essential players play?
- What is the procedure for getting a free copy of the Drinking Water Treatments market sample report and company profiles?
Key Offerings:
- Market Share, Size & Forecast by Revenue | 2023−2030
- Market Dynamics – Growth Drivers, Restraints, Investment Opportunities, and Leading Trends
- Market Segmentation – A detailed analysis By Technology Type and By Geography
- Competitive Landscape – Top Key Vendors and Other Prominent Vendors
Table of Content
Chapter 1: Preface
Chapter 2: Report Summary
Chapter 3: COVID 19 Impact Analysis
Chapter 4: Global Drinking Water Treatments Market, By Technology Type Segment Analysis
Chapter 5: Drinking Water Treatments Market – Regional Analysis, 2022 – 2030
Chapter 6: Drinking Water Treatments Market – Industry Analysis
Chapter 7: Competitive Landscape
Chapter 8: Company Profiles
Chapter 9: Research Methodology
Chapter 10: Questionnaire
Chapter 11: Related Reports
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Key Insights from Primary Research/Key Insights & Findings from the report:
- As per the analysis shared by our primary respondents, the Drinking Water Treatments market is expected to grow annually at a CAGR of around 10.60%.
- Through primary research, it was established that the Drinking Water Treatments market was valued at around USD 5.1 billion in 2022.
- The Drinking Water Treatments market is segmented based on technology: extended aeration, moving bed biofilm reactor, membrane bioreactor, sequential batch reactor, reverse osmosis, and other technologies. The extended aeration category was predicted to show maximum market share in the year 2022.
- The “Asia Pacific” region will lead the global Drinking Water Treatments market during the forecast period 2022 to 2030.
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