The global water treatment system market is expected to reach $97.55 billion by 2031
From GlobeNewswire: 2025-01-09 05:39:00
The global Water Treatment System Market is expected to reach $97.55 billion by 2031, driven by increased demand for process water and government regulations on wastewater treatment. Various filtration processes like distillation, ultraviolet sterilization, and reverse osmosis are utilized for different applications such as groundwater treatment and drinking water.
Factors like population growth, industrialization, and waterborne diseases are boosting the demand for water treatment systems globally. Investments in power plants, residential buildings, and infrastructure are also contributing to market growth, especially in regions like the Middle East & Africa.
Asia Pacific led the market in 2023, with North America and Europe following closely behind. The market is segmented based on filtration process, type, application, and end user, with reverse osmosis being a significant segment. The food & beverage sector is a major driver of water treatment system demand.
Government regulations on wastewater treatment are increasing due to population growth and urbanization, with a focus on proper infrastructure development. Various projects worldwide, like those in the US, aim to provide clean drinking water and wastewater systems to communities, boosting the demand for water treatment facilities.
Key players in the Water Treatment System Market include Hitachi Zosen Corporation, Xylem Inc, and 3M Co, among others. These companies are adopting strategies like new product launches and geographical expansion to maintain their competitive edge.
Recent developments in the market include the opening of a new manufacturing facility by Thermax for water and wastewater treatment solutions, and the recognition of companies like Consorci d’Aigües de Tarragona for their water stewardship efforts.
The demand for water treatment facilities is expected to drive market growth in India, as freshwater sources deplete and wastewater complications increase. The rising number of water and wastewater facilities is boosting the requirement for water treatment systems for water purification.
Overall, the report from The Insight Partners provides valuable insights for stakeholders, helping them navigate the evolving market landscape and unlock new opportunities in the Water Treatment System Market.
Read more at GlobeNewswire: Water Treatment System Market Size to Hit $ 97.55 Billion,
