Water Treatment Systems Market

Water Treatment Systems Market Size (2023-2028)

The water treatment systems market was valued at $ 5.16 billion in 2022 and is predicted to grow at an expansion rate of 10.69% from 2023 to 2028.

The water treatment system was mainly based on conventional treatment methods, such as granular support filtration, chemical clarification by means of chemicals for water or sludge treatment, and chlorination. However, over the past two decades, a remarkable transition has been observed in the water treatment market as alternative technologies have gradually gained popularity. Water treatment systems are installed to treat contaminated water and make it suitable for specific end uses such as irrigation, drinking water, and the maintenance of river flows. These systems are usually installed at the point of entry or at the point of use. Escalated industrial activity and water pollution have made water treatment a necessity in almost all economies. The escalating shortage of drinking water has led to a rapid call for water treatment systems in recent years.

The filtration method segment is experiencing the fastest expansion, by technology, in the market for water treatment systems. The Asia-Pacific is likely to expand with a considerable growth rate in the future. In terms of implementation, the residential sector is the fastest-rising segment, followed by the non-residential sector. Water treatment technology helps remove impurities during use or storage and transforms them to be a usable form for drinking.

Water Treatment Systems Market Drivers and Restraints:

The rising call for drinking water and the rising awareness of the importance of water treatment are some of the main factors driving the expansion of the water treatment systems industry. The worldwide water treatment industry is predicted to experience significant expansion in the coming years due to escalated awareness of water scarcity, expansion in innovations in water treatment technologies, investments from major market players, and the government in R&D in this sector. The market is predicted to experience strong expansion during the foreseen period due to the rising problem of water pollution along with strict government regulations related to water treatment to reduce water pollution. Also, the increase in industrial waste discharged into rivers and other bodies of water has led to the need for water treatment systems. The emerging water shortage crisis is also predicted to stimulate calls for water treatment systems in the coming years. Water resources are being depleted vigorously, which in turn opens up vast possibilities for the market for water treatment technologies.

Strict government regulations regarding the disposal of industrial and municipal wastewater are driving expansion in the market for water treatment technologies in recycling and reuse procedures. Although water is the first need, the cost of water is also significant, leading to a call for cost-effective water treatment technologies. However, the rising population has a great impact on this market. Population expansion and urbanization lead to the production of a massive quantity of wastewater, which is recyclable; therefore, water treatment technology can convert the maximum amount of this wastewater into a usable form, thereby stimulating market expansion. Collectively, the impact of these factors is predicted to increase dramatically as awareness of the use of clean water and recycling of water to cope with the depletion of water resources increases. The main limitations of the market for water treatment technologies include the high cost of equipment and the lack of experience in this sector. However, these restrictions are predicted to decrease with technological advances and intense R&D in this sector, thus developing highly efficient and economical water treatment technologies in the market. R&D in water treatment technology is on the rise. The increase in these activities has led to the introduction of many new technologies in this market. This in turn increases the efficiency of water treatment technology, offering higher-quality products on the market.

WATER TREATMENT SYSTEMS MARKET REPORT COVERAGE:

Water Treatment Systems Market Segmentation:

Water Treatment Systems Market - By Pumping Systems:

• Pumps

• Valves & Controls

• Automation Systems

The valves and control segment had the largest share and this trend is predicted to continue during the foreseen period.

Water Treatment Systems Market - By Chemicals:

• Coagulants & Flocculants

• Antifoamants & Defoamants

• Corrosion & Scale Inhibitors

• Activated Carbon

• Biocides

• others

The corrosion and scale inhibitor segment dominates the market for water treatment technologies and will continue at a considerable rate in the future.

Water Treatment Systems Market - By Region:

• North America Water Treatment Systems Industry includes U.S and Canada.

• Europe Water Treatment Systems Industry includes the UK, France, Spain, Germany, Italy, Russia, Sweden, Denmark, Switzerland, Netherlands, Turkey, Czech Republic & Rest of Europe.

• Asia Pacific Water Treatment Systems Industry includes India, China, Japan, South Korea, Australia & New Zealand, Thailand, Malaysia, Vietnam, Philippines, Indonesia, Singapore & Rest of APAC.

• Latin America Water Treatment Systems Industry includes Brazil, Mexico, Argentina, Chile & Rest of LATAM.

• The Middle East & Africa Water Treatment Systems Industry includes KSA, UAE, Israel, the rest of GCC countries, South Africa, Ethiopia, Kenya, Egypt, Sudan, and the rest of MEA.

Stakeholders in the water treatment systems industry are looking for lucrative opportunities in the Asia Pacific and Middle East Asia due to rising calls for clean water, escalated industrialization, and strong calls from domestic and foreign consumers. Furthermore, the construction and housing industry in developing regions such as India and China will create unprecedented opportunities for the water treatment market in Asia. In addition, in the Middle East and Africa, the impending shortage of natural water resources has generated a significant call for water treatment facilities due to the large increase in applications in the domestic and industrial sectors.

Recent Developments:

• LANXESS, a leading company in specialty chemicals, has unveiled various products in water and wastewater treatment. The recently launched range of high-performance (HP) RO membrane elements for energy-efficient brackish water treatment has been well established. Based on an optimized membrane structure, they offer better rejection with higher flow compared to standard elements.

• American water technology company Flow-Tech Systems recently introduced Flow-Tech Industrial, a branch of the company's chemical-free water treatment systems designed for heavy industrial applications.

Water Treatment Systems Market Key Players:

1. Veolia Environment S.A

2. SUEZ Water Technologies & Solution, Brita LP

3. Coway Co Ltd

4. Kinetico Water Systems

5. BWT AG

6. Culligan International Company

7. Midea Group Co. Ltd.

8. A. O. Smith Corporation

9. Unilever Plc, Pentair Plc

10. Panasonic Corporation

11. A.O. Smith Corporation

12. Amway, Evoqua Water Technologies