Global Water Treatment Equipment Market

Water Treatment Equipment Market Size, Share, Growth Analysis, By End-use(Industrial and Municipal), By Type(Process equipment, mud treatment, filtration systems & media, disinfection), By Region - Industry Forecast 2024-2031


Report ID: SQMIG55D2019 | Region: Global | Published Date: February, 2024
Pages: 157 |Tables: 66 |Figures: 75

Water Treatment Equipment Market Insights

Global Water Treatment Equipment Market size was valued at USD 51.13 billion in 2021 and is poised to grow from USD 54.1 billion in 2022 to USD 84.93 billion by 2030, at a CAGR of 5.8% during the forecast period (2023-2030).

The global water treatment equipment market is experiencing significant growth and transformation. The increasing concerns regarding water scarcity, pollution, and the need for clean and safe drinking water are driving the demand for advanced water treatment solutions. The market is characterized by a wide range of equipment and technologies designed to purify and treat water from various sources, including municipal supplies, industrial processes, and wastewater treatment. Key equipment segments include filtration systems, disinfection systems, desalination systems, membrane systems, and others. Stringent government regulations and environmental standards further propel the market growth, as industries and municipalities are required to comply with water quality guidelines. Additionally, the growing industrial sector, particularly in emerging economies, is fueling the demand for water treatment equipment to meet regulatory requirements and ensure sustainable operations. The market is also witnessing technological advancements, such as the integration of automation and smart monitoring systems, enhancing the efficiency and reliability of water treatment processes. Moreover, the rising awareness among consumers about the importance of clean water and the increasing adoption of point-of-use water treatment systems are contributing to the market expansion. Key market players are focusing on research and development activities, strategic partnerships, and product innovations to gain a competitive edge in the market. However, high installation and operational costs, along with the complex nature of water treatment processes, pose challenges to market growth. Overall, the global market is poised for substantial growth, driven by increasing water pollution concerns, stringent regulations, and the need for sustainable water management solutions.

Market Snapshot - 2024-2031

Global Market Size

USD 51.13 billion

Largest Segment

Industrial

Fastest Growth

Industrial

Growth Rate

5.8% CAGR

Global Water Treatment Equipment Market ($ Bn)
Country Share for North America Region (%)

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Water Treatment Equipment Market Segmental Analysis

Global Water Treatment Equipment Market is segmented on the basis of end-use, type, and region. By end-use, the market is segmented into Industrial and Municipal. By type, the market is segmented into process equipment, mud treatment, filtration systems & media, disinfection, diversions & screens, meters, membranes, and others. By region, the market is segmented into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.

Analysis By End-use

The dominant segment in the global water treatment equipment market is the industrial sector. Industrial applications encompass a wide range of industries, including manufacturing, power generation, oil and gas, pharmaceuticals, food and beverages, and others. These industries require water treatment equipment to ensure the quality and safety of their processes, comply with environmental regulations, and promote sustainable practices. The industrial sector's high water consumption, coupled with the need for specialized treatment solutions tailored to specific contaminants, drives the demand for advanced water treatment equipment.

The fastest-growing segment in the global water treatment equipment market is the municipal sector. Municipal water treatment involves the purification and treatment of water supplied to residential and commercial areas. The increasing urbanization and population growth worldwide have led to a rise in the demand for clean and safe drinking water in cities and towns. Municipalities are investing in upgrading their water treatment infrastructure to meet the growing demand and address concerns related to waterborne diseases and aging water distribution systems. This has fueled the adoption of advanced water treatment equipment in the municipal sector, making it the fastest-growing segment in the market.

Analysis By Type

The dominant segment in the global water treatment equipment market is filtration systems and media. Filtration systems play a crucial role in removing suspended solids, sediments, contaminants, and microorganisms from water. They are widely used across various industries and municipal applications to ensure the provision of clean and safe water. Filtration systems and media offer a versatile and effective solution for water treatment, making them the dominant segment in the market.

The fastest-growing segment in the global water treatment equipment market is membranes. Membrane systems, including reverse osmosis, ultrafiltration, and nanofiltration, are witnessing significant growth due to their high efficiency in removing impurities, contaminants, and salts from water. The increasing demand for desalination, wastewater treatment, and industrial water purification is driving the adoption of membrane-based water treatment solutions. Membranes offer excellent filtration performance, low energy consumption, and compact system designs, making them the fastest-growing segment in the market.

Global Water Treatment Equipment Market By End-use, 2023 (%)

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Water Treatment Equipment Market Regional Insights

North America dominated the global water treatment equipment market. North America has a well-established water treatment infrastructure and stringent regulatory frameworks that emphasize water quality standards. The region's dominant position is driven by the presence of a mature industrial sector, including manufacturing, power generation, and oil and gas industries, which require efficient water treatment solutions to meet regulatory compliance and ensure sustainable operations. Additionally, the high awareness among consumers about clean water and the adoption of advanced technologies contribute to North America's dominance in the market.

The fastest-growing region in the global water treatment equipment market is Asia Pacific. The Asia Pacific region is witnessing rapid industrialization, urbanization, and population growth, leading to increased water consumption and pollution challenges. Governments in countries like China, India, and Japan are focusing on water conservation, environmental protection, and the provision of safe drinking water. This has propelled the demand for advanced water treatment equipment in the region. Additionally, the rising awareness about water scarcity and pollution-related issues among industries and municipalities is driving the adoption of water treatment solutions. Asia Pacific's growing economy, coupled with favorable government initiatives and investments, positions it as the fastest-growing segment in the global water treatment equipment market.

Global Water Treatment Equipment Market By Geography, 2024-2031
  • Largest
  • Fastest

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Water Treatment Equipment Market Dynamics

Drivers

Increasing awareness and concerns about water scarcity and pollution

  • One key driver of the global water treatment equipment market is the increasing awareness and concerns about water scarcity and pollution. Growing population, industrialization, and urbanization have put immense pressure on water resources, leading to a greater focus on efficient water treatment and management. Governments, industries, and communities are recognizing the importance of clean and safe water and are actively investing in water treatment equipment to ensure sustainable water supply and minimize environmental impacts.

Restraints

High installation and operational costs associated with advanced water treatment technologies

  • One key restraint of the global water treatment equipment market is the high installation and operational costs associated with advanced water treatment technologies. Implementing sophisticated water treatment equipment often requires significant capital investment, which can be a barrier for small and medium-sized enterprises or regions with limited financial resources. Additionally, the complexity of operating and maintaining advanced systems may pose challenges, including the need for skilled personnel and continuous monitoring. These cost-related factors can hinder the widespread adoption of water treatment equipment, especially in developing economies or financially constrained sectors.

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Water Treatment Equipment Market Competitive Landscape

The competitive landscape of the global water treatment equipment market is highly fragmented and characterized by intense competition among various players. The market encompasses a wide range of equipment and technology providers, ranging from established multinational corporations to smaller regional players. Key strategies employed by market participants include research and development activities to enhance product offerings, strategic partnerships and collaborations to expand their market presence, and mergers and acquisitions to gain a competitive edge. Additionally, players focus on technological advancements, such as the integration of automation and smart monitoring systems, to improve the efficiency, reliability, and cost-effectiveness of water treatment processes. With increasing emphasis on sustainable and eco-friendly solutions, market players are also investing in the development of innovative and energy-efficient water treatment equipment to meet the evolving demands of industries and municipalities worldwide.

Top Player’s Company Profiles

  • Calgon Carbon Corporation (US)
  • Veolia (France)
  • Culligan Water (US)
  • Lenntech B.V. (Netherlands)
  • Hydranautics (US)
  • Xylem (US)
  • Ecolab (US)
  • Aquatech International LLC (US)
  • Kurita Water Industries Ltd. (Japan)
  • Danaher Corporation (US)
  • Evoqua Water Technologies LLC (US)
  • Hitachi, Ltd. (Japan)
  • Trojan Technologies (Canada)
  • Pall Corporation (US)
  • SUEZ Water Technologies & Solutions (US)
  • Dow Water & Process Solutions (US)
  • Ashland Global Holdings Inc. (US)

Recent Developments

  • In February 2023, Evoqua Water Technologies finalized the purchase of Kemco Systems' industrial water treatment service division. This strategic acquisition aims to enhance Evoqua's aftermarket services within the North American market and bolster the company's ability to cater to the needs of its industrial clientele. By expanding its service offerings, Evoqua Water Technologies is well-positioned to provide comprehensive support and solutions to its customers in the industrial sector.
  • In January 2023, Xylem Inc. announced the launch of its new advanced oxidation system, called Xylem Wedeco BX, designed for water and wastewater treatment applications. This system utilizes UV-based advanced oxidation processes to effectively remove emerging contaminants and enhance water quality.
  • In April 2022, Suez announced a strategic partnership with Grundfos, a leading pump manufacturer. The collaboration aimed to develop and deploy innovative digital solutions for water treatment and management, leveraging Suez's expertise in water treatment technologies and Grundfos' pump technology.
  • In August 2021, Pentair announced the acquisition of Aquion, a leading provider of residential and commercial water treatment solutions. This acquisition expanded Pentair's product portfolio and strengthened its position in the point-of-use and point-of-entry water treatment market segments.

Water Treatment Equipment Key Market Trends

  • Shift towards smart and connected technologies: One key market trend in the water treatment equipment market is the growing adoption of smart and connected technologies. Water treatment equipment manufacturers are increasingly incorporating advanced digital solutions, automation, and remote monitoring capabilities into their products. This trend allows for real-time monitoring, data analysis, and optimization of water treatment processes, resulting in improved operational efficiency, cost-effectiveness, and sustainability. The integration of smart technologies enables predictive maintenance, proactive troubleshooting, and enhanced control over water treatment systems, providing better reliability and performance. Additionally, these smart and connected solutions enable efficient data management and decision-making, supporting the shift towards intelligent and data-driven water management practices.

Water Treatment Equipment Market SkyQuest Analysis

SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Correlates, and Analyzes the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.

According to our Global Water Treatment Equipment Market analysis, the global market is witnessing significant growth and transformation driven by increasing concerns about water scarcity, pollution, and the need for clean and safe drinking water. The market encompasses a wide range of equipment and technologies, including filtration systems, disinfection systems, desalination systems, and more. The industrial sector is the dominant segment, fueled by the need for specialized treatment solutions in manufacturing, power generation, and other industries. The municipal sector is the fastest-growing segment due to rising urbanization and population growth, leading to increased demand for clean water in cities. The market is characterized by technological advancements, stringent regulations, and a focus on sustainability. Key drivers include awareness about water scarcity and pollution, while high installation costs and complexity serve as restraints. The competitive landscape is fragmented, with players investing in research, partnerships, and product innovations. Overall, the market is poised for substantial growth as industries and municipalities prioritize water treatment for sustainable water management.

Report Metric Details
Market size value in 2023 USD 51.13 billion
Market size value in 2031 USD 84.93 billion
Growth Rate 5.8%
Forecast period 2024-2031
Forecast Unit (Value) USD Billion
Segments covered
  • End-use
    • Industrial and Municipal
  • Type
    • Process equipment, mud treatment, filtration systems & media, disinfection, diversions & screens, meters, membranes, and others
Regions covered North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA)
Companies covered
  • Calgon Carbon Corporation (US)
  • Veolia (France)
  • Culligan Water (US)
  • Lenntech B.V. (Netherlands)
  • Hydranautics (US)
  • Xylem (US)
  • Ecolab (US)
  • Aquatech International LLC (US)
  • Kurita Water Industries Ltd. (Japan)
  • Danaher Corporation (US)
  • Evoqua Water Technologies LLC (US)
  • Hitachi, Ltd. (Japan)
  • Trojan Technologies (Canada)
  • Pall Corporation (US)
  • SUEZ Water Technologies & Solutions (US)
  • Dow Water & Process Solutions (US)
  • Ashland Global Holdings Inc. (US)
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Table Of Content

Executive Summary

Market overview

  • Exhibit: Executive Summary – Chart on Market Overview
  • Exhibit: Executive Summary – Data Table on Market Overview
  • Exhibit: Executive Summary – Chart on Water Treatment Equipment Market Characteristics
  • Exhibit: Executive Summary – Chart on Market by Geography
  • Exhibit: Executive Summary – Chart on Market Segmentation
  • Exhibit: Executive Summary – Chart on Incremental Growth
  • Exhibit: Executive Summary – Data Table on Incremental Growth
  • Exhibit: Executive Summary – Chart on Vendor Market Positioning

Parent Market Analysis

Market overview

Market size

  • Market Dynamics
    • Exhibit: Impact analysis of DROC, 2021
      • Drivers
      • Opportunities
      • Restraints
      • Challenges
  • SWOT Analysis

KEY MARKET INSIGHTS

  • Technology Analysis
    • (Exhibit: Data Table: Name of technology and details)
  • Pricing Analysis
    • (Exhibit: Data Table: Name of technology and pricing details)
  • Supply Chain Analysis
    • (Exhibit: Detailed Supply Chain Presentation)
  • Value Chain Analysis
    • (Exhibit: Detailed Value Chain Presentation)
  • Ecosystem Of the Market
    • Exhibit: Parent Market Ecosystem Market Analysis
    • Exhibit: Market Characteristics of Parent Market
  • IP Analysis
    • (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
  • Trade Analysis
    • (Exhibit: Data Table: Import and Export data details)
  • Startup Analysis
    • (Exhibit: Data Table: Emerging startups details)
  • Raw Material Analysis
    • (Exhibit: Data Table: Mapping of key raw materials)
  • Innovation Matrix
    • (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
  • Pipeline product Analysis
    • (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
  • Macroeconomic Indicators

COVID IMPACT

  • Introduction
  • Impact On Economy—scenario Assessment
    • Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
  • Revised Market Size
    • Exhibit: Data Table on Water Treatment Equipment Market size and forecast 2021-2027 ($ million)
  • Impact Of COVID On Key Segments
    • Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
  • COVID Strategies By Company
    • Exhibit: Analysis on key strategies adopted by companies

MARKET DYNAMICS & OUTLOOK

  • Market Dynamics
    • Exhibit: Impact analysis of DROC, 2021
      • Drivers
      • Opportunities
      • Restraints
      • Challenges
  • Regulatory Landscape
    • Exhibit: Data Table on regulation from different region
  • SWOT Analysis
  • Porters Analysis
    • Competitive rivalry
      • Exhibit: Competitive rivalry Impact of key factors, 2021
    • Threat of substitute products
      • Exhibit: Threat of Substitute Products Impact of key factors, 2021
    • Bargaining power of buyers
      • Exhibit: buyers bargaining power Impact of key factors, 2021
    • Threat of new entrants
      • Exhibit: Threat of new entrants Impact of key factors, 2021
    • Bargaining power of suppliers
      • Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
  • Skyquest special insights on future disruptions
    • Political Impact
    • Economic impact
    • Social Impact
    • Technical Impact
    • Environmental Impact
    • Legal Impact

Market Size by Region

  • Chart on Market share by geography 2021-2027 (%)
  • Data Table on Market share by geography 2021-2027(%)
  • North America
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • USA
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Canada
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Europe
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • Germany
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Spain
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • France
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • UK
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of Europe
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Asia Pacific
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • China
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • India
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Japan
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • South Korea
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of Asia Pacific
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Latin America
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • Brazil
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of South America
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Middle East & Africa (MEA)
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • GCC Countries
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • South Africa
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of MEA
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)

KEY COMPANY PROFILES

  • Competitive Landscape
    • Total number of companies covered
      • Exhibit: companies covered in the report, 2021
    • Top companies market positioning
      • Exhibit: company positioning matrix, 2021
    • Top companies market Share
      • Exhibit: Pie chart analysis on company market share, 2021(%)

Methodology

For the Water Treatment Equipment Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:

1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.

2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Water Treatment Equipment Market.

3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.

4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.

Analyst Support

Customization Options

With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Water Treatment Equipment Market:

Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.

Regional Analysis: Further analysis of the Water Treatment Equipment Market for additional countries.

Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.

Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.

Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.

Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.

Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.

Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.

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FAQs

Water Treatment Equipment Market size was valued at USD 51.13 billion in 2021 and is poised to grow from USD 54.1 billion in 2022 to USD 84.93 billion by 2030, at a CAGR of 5.8% during the forecast period (2023-2030).

The competitive landscape of the water treatment equipment market is highly fragmented and characterized by intense competition among various players. The market encompasses a wide range of equipment and technology providers, ranging from established multinational corporations to smaller regional players. Key strategies employed by market participants include research and development activities to enhance product offerings, strategic partnerships and collaborations to expand their market presence, and mergers and acquisitions to gain a competitive edge. Additionally, players focus on technological advancements, such as the integration of automation and smart monitoring systems, to improve the efficiency, reliability, and cost-effectiveness of water treatment processes. With increasing emphasis on sustainable and eco-friendly solutions, market players are also investing in the development of innovative and energy-efficient water treatment equipment to meet the evolving demands of industries and municipalities worldwide. 'Pentair (US)', 'General Electric (US)', 'Suez (France)', 'Calgon Carbon Corporation (US)', 'Veolia (France)', 'Culligan Water (US)', 'Lenntech B.V. (Netherlands)', 'Hydranautics (US)', 'Xylem (US)', 'Ecolab (US)', 'Aquatech International LLC (US)', 'Kurita Water Industries Ltd. (Japan)', 'Danaher Corporation (US)', 'Evoqua Water Technologies LLC (US)', 'Hitachi, Ltd. (Japan)', 'Trojan Technologies (Canada)', 'Pall Corporation (US)', 'SUEZ Water Technologies & Solutions (US)', 'Dow Water & Process Solutions (US)', 'Ashland Holdings Inc. (US)'

One key driver of the water treatment equipment market is the increasing awareness and concerns about water scarcity and pollution. Growing population, industrialization, and urbanization have put immense pressure on water resources, leading to a greater focus on efficient water treatment and management. Governments, industries, and communities are recognizing the importance of clean and safe water and are actively investing in water treatment equipment to ensure sustainable water supply and minimize environmental impacts.

Shift towards smart and connected technologies: One key market trend in the water treatment equipment market is the growing adoption of smart and connected technologies. Water treatment equipment manufacturers are increasingly incorporating advanced digital solutions, automation, and remote monitoring capabilities into their products. This trend allows for real-time monitoring, data analysis, and optimization of water treatment processes, resulting in improved operational efficiency, cost-effectiveness, and sustainability. The integration of smart technologies enables predictive maintenance, proactive troubleshooting, and enhanced control over water treatment systems, providing better reliability and performance. Additionally, these smart and connected solutions enable efficient data management and decision-making, supporting the shift towards intelligent and data-driven water management practices.

North America dominated the water treatment equipment market. North America has a well-established water treatment infrastructure and stringent regulatory frameworks that emphasize water quality standards. The region's dominant position is driven by the presence of a mature industrial sector, including manufacturing, power generation, and oil and gas industries, which require efficient water treatment solutions to meet regulatory compliance and ensure sustainable operations. Additionally, the high awareness among consumers about clean water and the adoption of advanced technologies contribute to North America's dominance in the market.

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Global Water Treatment Equipment Market

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