Water Treatment System Market research includes key company profiles like are Hitachi Zosen Corporation; Pentair PLC; Thermax Limited; Xylem Inc; Veolia Environnement SA; Pall Corp; Culligan International Co; Dupont De Nemours Inc; Thermo Fisher Scientific Inc; 3M Co.; Aqua Filsep Inc; Pure Aqua, Inc.; RITE Water Solutions (India) Pvt. Ltd.; Aquatec International LLC; and Filtra-Systems Company LLC. and more.
US & Canada, Jan. 09, 2025 (GLOBE NEWSWIRE) — According to a new comprehensive report from The Insight Partners, “the global Water Treatment System Market Size and Forecast (2021 – 2031), Global and Regional Share, Trend, and Growth Opportunity Analysis Report Coverage: By Filtration Process (Distillation, Ultra-violet Sterilization, Reverse Osmosis, Filtration, Ion-Exchange, and Others), Type (Drinking Water Treatment Systems, Industrial Water Treatment Systems, Wastewater Treatment Systems, Portable Water Treatment Systems, and Well Water Treatment Systems), Application (Ground Water, Brackish and Sea Water Desalination, Rainwater Harvesting, Drinking Water, and Others), and End User (Residential, Municipal, Agriculture, Food and Beverage, Commercial, Mining and Metal, Oil and Gas, Pharmaceuticals, and Others) and Geography”.
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Rising Investments in Wastewater Treatment Facilities: Governments worldwide are focusing on building wastewater treatment facilities. For instance, in August 2022, the United States Department of Agriculture announced a US$ 75 million investment in an infrastructure development project that involves offering clean drinking water and sanitary wastewater systems to Greenbrier County residents in the rural area. Additionally, in December 2022, the US government stated an investment of US$ 84.7 million from President Biden’s Bipartisan Infrastructure Act to help 36 communities in drought in the Western part of the US. These projects have brought clean, dependable drinking water to communities across the West of the US by funding groundwater storage, rainwater harvesting, water reuse, ion exchange treatment, aquifer recharge, and other methods for encompassing the utilization of existing water supplies. In March 2022, the US Department of the Interior stated that the Bureau of Reclamation invested US$ 420 million in rural water-building efforts in fiscal year 2022. This investment in rural water systems includes operations associated with the building of water treatment facilities and pipeline connections.
Geographical Insights: In 2023, Asia Pacific led the market with a substantial revenue share, followed by North America and Europe. Asia Pacific is expected to register the highest CAGR during the forecast period.
Water Treatment System Market Segmentation, Applications, Geographical Insights:
- Based on filtration process, the water treatment system market is divided into distillation, ultraviolet sterilization, reverse osmosis, filtration, ion exchange, and others. The reverse osmosis segment held a larger share of the market in 2023.
- Based on type, the water treatment system market is categorized into drinking water treatment systems, industrial water treatment systems, wastewater treatment systems, portable water treatment systems, and well water treatment systems. The drinking water treatment systems segment dominated the market in 2023.
- Based on application, the water treatment system market is categorized into groundwater, brackish and seawater desalination, rainwater harvesting, drinking water, and others. drinking water segment dominated the market in 2023.
- Based on end user, the water treatment system market is segmented into agriculture, food & beverages, building & construction, mining & metals, oil & gas, pharmaceuticals, and others. The food & beverages segment accounted for the largest share of the water treatment systems market in 2023
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Key Players and Competitive Landscape:
The Water Treatment System Market is characterized by the presence of several major players, including:
- Hitachi Zosen Corporation
- Pentair PLC
- Thermax Limited
- Xylem Inc
- Veolia Environnement SA
- Pall Corp
- Culligan International Co
- Dupont De Nemours Inc
- Thermo Fisher Scientific Inc
- 3M Co
- Aqua Filsep Inc
- Pure Aqua, Inc
- RITE Water Solutions (India) Pvt. Ltd.
- Aquatec International LLC
- Filtra-Systems Company LLC
These companies are adopting strategies such as new product launches, joint ventures, and geographical expansion to maintain their competitive edge in the market.
Water Treatment System Market Recent Developments and Innovations:
- ” Thermax, a leading provider of energy and environment solutions, announced the opening of its state-of-the-art manufacturing facility in Pune for water and wastewater treatment solutions. This marks a significant step aligned with Thermax’s broader mission of conserving resources and preserving the future.”
- “Spanish water utility Consorci d’Aigües de Tarragona and Oklahoma-based Mingo Aerospace (a Sunvair Group Company) have been recognized as leaders in water stewardship by global water technology company, Xylem (NYSE: XYL). Xylem’s Sustainability Excellence Awards celebrate companies using technologies in innovative ways to solve critical water challenges and advance sustainability. A sector leader in sustainability, Xylem is committed to helping customers and communities achieve their environmental goals.”
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Conclusion:
The demand for water treatment facilities is projected to propel the growth of the water treatment systems market in India. Rapidly draining freshwater sources and rising wastewater complications are further improving the demand for water treatment systems. However, the high expenditure on water treatment facilities are a few reasons restricting the market growth. Growing population and rising concerns about reducing environmental pollution are pushing the government to focus on developing water and wastewater treatment facilities in various parts of the country. For instance, in 2023, Kerala Water Authority and the city corporation initiated a project to utilize Japanese decentralized wastewater treatment plants known as “Johkasou” in the city. Thus, the rising number of water and wastewater facilities is boosting the requirement for water treatment systems for water purification.
The report from The Insight Partners, therefore, provides several stakeholders—including raw material providers, manufacturers, suppliers and distributors, and end users—with valuable insights into how to successfully navigate this evolving market landscape and unlock new opportunities.
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