PUBLISHER: Roots Analysis | PRODUCT CODE: 1813199
PUBLISHER: Roots Analysis | PRODUCT CODE: 1813199
As per Roots Analysis, the global water treatment market size is estimated to grow from USD 295.3 billion in the current year to USD 632.9 billion by 2035, at a CAGR of 7.17% during the forecast period, till 2035.
The opportunity for water treatment market has been distributed across the following segments:
Type of Treatment
Type of Application
End-Users
Type of Investment
Type of Enterprise
Geographical Regions
Water Treatment Market: Growth and Trends
According to the UN World Water Development report, almost half of the world's population faces water scarcity at least once each year. This highlights the importance of water treatment, which has proven to be an effective method for purifying water across different sectors.
Water treatment typically operates by eliminating contaminants and impurities, thereby making water suitable for drinking, industrial purposes, and environmental preservation. The rising demand for efficient purification methods is propelling the use of high-performance adsorbents in both industrial and municipal water treatment settings.
To avoid fouling in filtration and desalination systems, antiscalants are commonly utilized to improve membrane durability and process effectiveness. Some of the primary benefits of water treatment include better water quality, prolonging equipment life, boosting operational efficiency, and adhering to health standards. It's important to note that the adoption of water treatment in key industries is increasing rapidly due to the swift advancement of wastewater management technologies and heightened public awareness. Remarkably, over 2 billion individuals lack access to safe drinking water services.
The water treatment market is becoming an essential element in the global transition toward innovative water treatment solutions and digital advancements aimed at achieving greater availability of safe water. Innovations, such as cutting-edge membrane technologies, improve contaminant removal while lowering energy usage. Additionally, carbon-based purification techniques employ materials like activated carbon and graphene to efficiently capture a diverse array of pollutants, including micropollutants and organic substances. As a result, with ongoing technological progress in water treatment, including the integration of modular water treatment systems and analyses of the desalination market, the water treatment market is anticipated to experience significant growth during this forecast period.
Water Treatment Market: Key Segments
Based on type of water treatment, the global water treatment market is segmented into membrane bioreactor (MBR), micro-filtration (MF), nano/ultra filtration (NF/UF), preliminary treatment, reverse osmosis (RO), sludge management techniques and others. According to our estimates, currently, the preliminary treatment segment captures the majority of the market share, owing to its essential function in improving the efficiency and effectiveness of subsequent treatment methods.
However, the reverse osmosis segment is expected to grow at a higher CAGR during the forecast period. This can be attributed to its efficiency in eliminating contaminants and its versatility in handling various water sources, such as seawater and wastewater.
Based on type of application, the global water treatment market is segmented into wastewater treatment, zero liquid discharge and others. According to our estimates, currently, the wastewater treatment segment captures the majority of the market share. This growth can be attributed to pressing the requirement for municipalities to ensure access to safe drinking water and to address the growing amounts of biological wastewater resulting from rapid urbanization and population increases.
However, the zero liquid discharge segment is expected to grow at a higher CAGR during the forecast period. This growth can be ascribed to the rise in environmental regulations regarding water treatment and the increasing public awareness of the detrimental effects of wastewater, driving industries to implement sustainable water treatment solutions.
Based on end-users, the global water treatment market is segmented into commercial, industrial and residential. According to our estimates, currently, the commercial segment captures the majority of the market share. This growth can be attributed to the increasing urbanization, the development of commercial infrastructure, and a rise in corporate social responsibility initiatives.
Based on type of investment, the global water treatment market is segmented into government-funded projects, private sector investments and public-private partnerships. According to our estimates, currently, the private sector investments captures the majority of the market share. Additionally, this segment is expected to grow at a relatively higher CAGR during the forecast period. This can be attributed to the advancements in water treatment technologies that have significantly reduced costs, and the private sector tends to be more flexible and quick to adapt to market needs compared to government-funded projects.
Based on type of enterprise, the global water treatment market is segmented into large and small and medium enterprise. According to our estimates, currently, the large enterprise captures the majority of the market share. Additionally, this segment is expected to grow at a relatively higher CAGR during the forecast period. This can be attributed to their ability to invest in sophisticated water treatment technologies and equipment, leverage government support, achieve economies of scale, and foster business expansion.
Based on geographical regions, the water treatment market is segmented into North America, Europe, Asia, Latin America, Middle East and North Africa, and the rest of the world. According to our estimates, currently North America captures the majority share of the market, owing to the rigorous environmental regulations, investments in technological innovations, and a surge in urbanization and population growth, all of which are driving the demand for clean water.
Additionally, the market in Asia is expected to grow at a higher CAGR during the forecast period. This growth can be linked to increasing urbanization and industrialization, government initiatives, investments in water treatment, rapid population growth, and rising energy needs in countries such as China and India.
Water treatment Market: Research Coverage
The report on the water treatment market features insights on various sections, including:
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