Global Water Treatment Equipment Market 2024–2033

Reports Description

As per the current market research conducted by CMI Team, the global Water Treatment Equipment Marketis expected to record a CAGR of 6.2% from 2023 to 2032. In 2023, the market size is projected to reach a valuation of USD 58.1 billion. By 2032, the valuation is anticipated to reach USD 96.7 billion.

Water Consumption Stats In 2020, 2021, and 2022 By Top 10 Countries

Source: According to CMI Market Research Team Analysis

The water treatment equipment market encompasses the industry that offers products and services for purifying, filtering, and treating water. Market growth is propelled by the escalating need for clean and safe water, driven by factors such as water pollution, population growth, and regulatory obligations. Prominent trends in the market involve the adoption of advanced technologies like membrane filtration, UV disinfection, and reverse osmosis.

Emphasis on sustainability and energy efficiency is increasing, along with a growing focus on water reuse and recycling for conservation purposes. Smart water management technologies, such as remote monitoring and automation, are being integrated to enhance operational efficiency. Furthermore, there is a rising demand for decentralized systems, and the industry is witnessing a shift towards digitalization and data analytics to improve decision-making in water treatment processes.

Water Treatment Equipment Market – Significant Growth Factors

The Water Treatment Equipment Market presents significant growth opportunities due to several factors:

• Stringent Government Regulations: Governments worldwide are implementing strict regulations to ensure water quality and safety. These regulations require industries and municipalities to adopt advanced water treatment technologies and equipment to meet the required standards. Compliance with these regulations drives the adoption of water treatment equipment.

• Technological Advancements: The water treatment equipment market presents opportunities for technological advancements. Innovations in filtration, disinfection, and desalination technologies can enhance the efficiency and effectiveness of water treatment processes. Advancements in smart water management systems, remote monitoring, and automation can further optimize water treatment operations.

• Emerging Markets: Developing regions and emerging economies present significant growth opportunities for the water treatment equipment market. Rapid urbanization, industrialization, and increasing awareness of water quality drive the demand for reliable water treatment solutions. Penetrating these markets and offering cost-effective and scalable equipment can lead to substantial growth.

• Water Reuse and Recycling: The increasing focus on water reuse and recycling presents opportunities for the water treatment equipment market. As water resources become scarcer, there is a growing need to maximize the utilization of limited water supplies. Water treatment equipment that enables efficient and safe water reuse for various applications, such as irrigation and industrial processes, holds considerable growth potential.

Water Treatment Equipment Market – Mergers and Acquisitions

The Water Treatment Equipment Market has seen several mergers and acquisitions in recent years, with companies seeking to expand their market presence and leverage synergies to improve their product offerings and profitability. Some notable examples of mergers and acquisitions in the Water Treatment Equipment Market include:

• Xylem and Esri Partnership (2018): Xylem, a leading water technology company, partnered with Esri, a geographic information system (GIS) software provider. The collaboration aimed to enhance the integration of GIS and advanced analytics into Xylem’s water treatment solutions. This partnership enabled better data-driven decision-making and improved operational efficiency in water treatment processes.

• SUEZ and Veolia Partnership (2019): SUEZ, a global water and waste management company, formed a strategic partnership with Veolia, another major player in the water treatment industry. The partnership focused on joint research and development initiatives to address global water challenges and develop innovative water treatment solutions. The collaboration aimed to leverage the expertise of both companies and drive advancements in water treatment technologies.

• Evoqua Water Technologies and Linde Partnership (2020): Evoqua Water Technologies, a provider of water treatment solutions, formed a partnership with Linde, a leading industrial gases and engineering company. The partnership aimed to develop and commercialize new technologies for wastewater treatment using membrane aerated biofilm reactor (MABR) technology. This collaboration sought to enhance the efficiency and sustainability of wastewater treatment processes.

• Ecolab’s Acquisition of Bioquell (2019): Ecolab Inc., a global provider of water, hygiene, and energy technologies, acquired Bioquell, a provider of bio-decontamination and airborne infection control solutions. This acquisition complemented Ecolab’s water treatment offerings by incorporating specialized disinfection technologies, enabling the company to provide comprehensive solutions for water and surface treatment in healthcare and life sciences industries.

• Kurita Water Industries’ Acquisition of Avista Technologies (2021): Kurita Water Industries, a Japanese water treatment company, acquired Avista Technologies, a provider of specialty chemicals and membrane-related equipment for water treatment. This acquisition expanded Kurita’s presence in North America and strengthened its expertise in membrane technologies, enhancing its capability to provide comprehensive water treatment solutions.

These mergers and acquisitions have helped companies expand their product offerings, improve their market presence, and capitalize on growth opportunities in the Water Treatment Equipment Market. The trend is expected to continue as companies seek to gain a competitive edge in the market.

COMPARATIVE ANALYSIS OF THE RELATED MARKET

Water Treatment Equipment Market – Significant Threats

The Water Treatment Equipment Market faces several significant threats that could impact its growth and profitability in the future. Some of these threats include:

• Intense Competition: The water treatment equipment market is highly competitive, with numerous players offering similar products and services. Intense competition can lead to price wars, reduced profit margins, and challenges in market differentiation. Companies need to continually innovate, improve their offerings, and differentiate themselves to stay competitive in the market.

• Volatility in Raw Material Prices: Water treatment equipment requires various raw materials, including metals, resins, membranes, and chemicals. Fluctuations in the prices of these raw materials can pose a threat to market players. Sudden price increases can impact production costs and profitability, making it crucial for companies to manage their supply chains effectively and mitigate the risks associated with volatile raw material prices.

• Regulatory and Compliance Challenges: The water treatment equipment market is subject to stringent regulations and standards to ensure water quality and safety. Additionally, fluctuations in currency exchange rates, trade disputes, and geopolitical uncertainties can impact market dynamics and pose challenges for companies operating in the global market. It is essential for market players to anticipate and adapt to economic fluctuations and uncertain market conditions to mitigate potential risks and maintain a stable business outlook.

• Market Fragmentation and Local Competitors: The water treatment equipment market can be fragmented, with many local or regional players serving specific markets. These local competitors often have a deep understanding of local regulations, preferences, and customer needs. Their presence can pose a threat to larger, multinational companies that may face challenges in penetrating these local markets and effectively competing against established local players.

Report Scope

Category-Wise Insights

By Type:

• Process Equipment: Process equipment in the water treatment market refers to machinery and systems used for various treatment processes, such as sedimentation, coagulation, and flocculation. The market trend for process equipment includes the adoption of advanced technologies for improved efficiency and automation, leading to enhanced water treatment processes.

• Mud Treatment: Mud treatment involves the separation and treatment of solids, such as sludge and sediments, from wastewater or drilling fluids. The market trend for mud treatment focuses on developing innovative solutions for efficient solid-liquid separation, minimizing environmental impact, and promoting the reuse of treated materials.

• Filtration Systems and Media: Filtration systems and media play a crucial role in removing suspended particles, contaminants, and impurities from water. The market trend in this segment revolves around the continuous advancement of filtration technologies. This includes the development of innovative methods like membrane filtration and granular media, which aim to enhance filtration efficiency and ensure improved water quality. These trends contribute to the ongoing evolution and effectiveness of filtration systems in the water treatment equipment market.

• Disinfection: Disinfection is the process of eliminating microorganisms and pathogens from water to ensure its safety for various applications. The market trend for disinfection involves the adoption of alternative disinfection methods such as UV disinfection and advanced oxidation processes. Additionally, there is a drive towards developing more sustainable and energy-efficient disinfection technologies.

• Diversions and Screens: Diversions and screens are used to divert water flow and prevent the entry of large debris into water treatment systems. The market trend for diversions and screens focuses on the development of automated and self-cleaning systems, reducing maintenance requirements and improving the reliability and effectiveness of water flow control.

• Meters: Meters are used for measuring and monitoring water flow, quality, and various parameters in water treatment processes. The market trend for meters includes the integration of smart technologies, such as IoT and data analytics, to enable real-time monitoring, remote data collection, and improved operational control of water treatment systems.

• Membranes: Membranes are thin barriers used for filtration and separation processes in water treatment. The market trend for membranes includes the development of high-performance membranes with improved selectivity, durability, and fouling resistance. The adoption of membrane technologies, such as reverse osmosis and ultrafiltration, is increasing for various water treatment applications.

• Others: The “Others” category in the water treatment market encompasses a range of equipment and technologies not specifically mentioned in the above categories. This may include specialized equipment, chemical dosing systems, advanced oxidation processes, and innovative water treatment solutions tailored for specific applications or industries.

By End Use Industry

• Industrial Water Treatment Equipment: Industrial water treatment equipment refers to the products and systems used for treating and purifying water in various industrial sectors. The industrial sector drives the demand for water treatment equipment to treat process water, wastewater, and cooling tower water, focusing on efficient and sustainable solutions.  Key trends include the adoption of advanced technologies like membrane filtration, UV disinfection, and smart water management systems, along with a growing focus on water reuse and recycling for sustainability.

• Municipal Water Treatment Equipment: Municipal water treatment equipment includes the equipment and technologies used for treating and purifying water for public water supply and distribution systems in cities and municipalities. Municipalities require water treatment equipment to ensure the supply of clean and safe drinking water, as well as treating wastewater before disposal, emphasizing water quality and public health.

Water Treatment Equipment Market – Regional Analysis

The Water Treatment Equipment Market is segmented into various regions, including North America, Europe, Asia-Pacific, and LAMEA. Here is a brief overview of each region:

• North America: In North America, a significant trend observed in the water treatment equipment market is the increasing emphasis on water conservation and sustainability. This region has witnessed a growing focus on advanced water treatment technologies like membrane filtration and disinfection systems. Additionally, the adoption of smart water management solutions has gained traction for efficient water resource management. Key market players dominating North America include Pentair plc, Xylem Inc., Evoqua Water Technologies LLC, 3M Company, and Ecolab Inc. These companies offer a comprehensive range of water treatment equipment and solutions, utilizing their expertise and technological advancements to cater to the diverse needs of the region.

• Europe: In Europe, one notable trend in the water treatment equipment market is the increasing implementation of strict regulations and standards for water quality and environmental protection. This drives the adoption of advanced water treatment technologies, such as UV disinfection, ozone systems, and biological treatment solutions, to meet stringent compliance requirements. Some of the dominating market players in Europe include Veolia Environnement SA, SUEZ Water Technologies & Solutions, Danaher Corporation (Pall Corporation), Kurita Water Industries Ltd., and A. O. Smith Corporation.

• Asia-Pacific: In the Asia-Pacific region, a key trend in the water treatment equipment market is the rapid industrialization and urbanization, which drives the demand for water treatment solutions across various industries and municipalities. Additionally, there is a growing focus on water reuse and recycling to combat water scarcity, leading to increased adoption of advanced treatment technologies and decentralized systems. Some of the dominating market players in the Asia-Pacific region include Pentair plc, Ecolab Inc., Xylem Inc., Kurita Water Industries Ltd., and Hitachi, Ltd.

• LAMEA (Latin America, Middle East, and Africa): A prominent trend in the LAMEA region’s water treatment equipment market is an increased emphasis on desalination technologies, particularly in dry and water-stressed regions. To solve the constraints of limited freshwater supplies and to provide a sustainable water supply, desalination plants and technology are being used. Some of the dominating market players in the LAMEA region include SUEZ Water Technologies & Solutions, Veolia Environnement SA, Xylem Inc., A. O. Smith Corporation, and GE Water & Process Technologies. These companies bring their expertise and technology to address the unique water treatment needs of the LAMEA region, contributing to the market’s growth and development.

Competitive Landscape – Water Treatment Equipment Market

The Water Treatment Equipment Market is highly competitive, with a large number of manufacturers and retailers operating globally. Some of the key players in the market include:

• Veolia Environnement SA
• SUEZ Water Technologies & Solutions
• Ecolab Inc.
• Pentair plc
• Xylem Inc.
• O. Smith Corporation
• Danaher Corporation (Pall Corporation)
• 3M Company
• Evoqua Water Technologies LLC
• Kurita Water Industries Ltd.
• Others

These companies operate in the market through various strategies such as product innovation, mergers and acquisitions, and partnerships. For example, In 2021, notable partnerships in the water treatment equipment market included the collaboration between Xylem Inc. and SUEZ Water Technologies & Solutions, as well as the partnership between Evoqua Water Technologies LLC and Linde. These partnerships aimed to drive innovation and enhance water treatment solutions through combined expertise and resources.

In the water treatment equipment market, several new players are making strides by adopting innovation and development to enter the market. Companies like Aquatech International, Aquarion Group, and Advanced Water Technologies are leveraging technological advancements and research and development efforts to introduce innovative solutions. These emerging players focus on providing efficient and sustainable water treatment equipment, enabling them to gain recognition and compete with established market players.

Among the dominating market players are Veolia Environnement SA, SUEZ Water Technologies & Solutions, and Xylem Inc. These key players possess a significant market share, strong industry presence, and extensive expertise. They drive innovation through substantial investments in research and development, establish strategic partnerships, and continuously enhance their product portfolios. With established customer relationships and recognized brands, these dominating players maintain a competitive advantage in the water treatment equipment market.

The Water Treatment Equipment Market is segmented as follows:

By Type

• Process Equipment
• Mud Treatment
• Filtration Systems and Media
• Disinfection
• Diversions and Screens
• Meters
• Membranes
• Others

By End-Use Industry

• Industrial Water Treatment Equipment
• Municipal Water Treatment Equipment

By Region

North America

• U.S.
• Canada
• Mexico
• Rest of North America

Europe

• Germany
• France
• U.K.
• Italy
• Spain
• Rest of Europe

Asia Pacific

• China
• Japan
• India
• New Zealand
• Australia
• South Korea
• Rest of Asia Pacific

The Middle East & Africa

• Saudi Arabia
• UAE
• Egypt
• Kuwait
• South Africa
• Rest of the Middle East & Africa

Latin America

• Brazil
• Argentina
• Rest of Latin America