Market Research Report
China Water and Wastewater Treatment (WWT) Technology Market - Growth, Trends, and Forecast (2020 - 2025)
|Published by||Mordor Intelligence LLP||Product code||670052|
|Published||Content info||130 Pages
Delivery time: 2-3 business days
|China Water and Wastewater Treatment (WWT) Technology Market - Growth, Trends, and Forecast (2020 - 2025)|
|Published: February 1, 2020||Content info: 130 Pages||
The market for water and wastewater treatment technology in China is expected to grow at a CAGR of above 9% during the forecast period. Increasing demand from the industrial sector is a major driving factor for the market studied. However, high cost for water & wastewater treatment technology is restraining the growth of the market studied in the country.
Treatment Equipment to Dominate the Market
Municipal Water and Wastewater Treatment to Dominate the Market
Municipal water and wastewater treatment is required to meet the growing scarcity of water, accompanied by the rapid increase in consumer demand. The major technologies used in the municipal water and wastewater treatment industry include biological treatment, suspended solids removal, and disinfection/oxidation. The urban sewage treatment capacity is also likely to be increased from 217 million cubic meters per day, to 268 million cubic meters per day. China's 13th fifth year plan (FYP, 2016-2020) on Urban Sewage Treatment and Water Recycling Facilities is planning to increase by 31%, from RMB 427 billion to RMB 559 billion, on its water treatment facilities. This is expected to increase the application of improved technology in industrial processes.
The China water & wastewater treatment technology market is moderately fragmented, with the major players occupying a low share of the market. Key players in the market studied include Beijing Capital Co. Ltd, BEWG, Suez, Veolia, and Aquatech International LLC, among others.