+44 (0)20 7454 5110 from 8 AM - 5:30 PM GMT

+44 (0)20 7454 5110 from 8 AM - 5:30 PM GMT

SAN FRANCISCO , June 22, 2022 /PRNewswire/ -- The global water and wastewater treatment equipment market size was valued at USD 53.24 billion in 2021 and is expected to expand by a compound annual growth rate (CAGR) of 5.1% from 2022 to 2030. The market is anticipated to reach USD 84.58 billion by 2030 according to a new report by Grand View Research, Inc. Increasing demand for clean water owing to rapid urbanization and industrialization coupled with infrastructural developments in the water management industry is anticipated to drive the market growth during the forecast period.

Key Insights & Findings from the report:

Get more Insights from full market research report, "Water And Wastewater Treatment Equipment Market Size, Share & Trends Analysis Report By Process, By Application, By Equipment, By Region, And Segment Forecasts, 2022 - 2030", published by Grand View Research.

Water and Wastewater Treatment Equipment Market Growth & Trends

Wastewater and its discharge sludge contain several valuable resources, including phosphorus, and nitrogen, which can be recovered and reused to preserve threatened resources. Thus, a rising focus on reducing water consumption by reusing wastewater to ensure resource efficiency and support a globular economy is likely to open new avenues for market growth.

Rapid technological developments in the global industry are expected to positively influence short- as well as long-term modifications at water & wastewater management facilities. Market players are increasingly focusing on integrating advanced technologies to develop more efficient and effective solutions for water management, thereby driving the product demand.

In addition, the rising environmental concerns along with the need to comply with the stringent government regulations regarding water management, globally, are the factors anticipated to propel the product demand. Increasing investments to treat micropollutants and Polyfluoroalkyl Substances (PFAS), majorly in Europe and North America , are likely to have a positive impact on the growth of the global market.

According to the World Bank, investment in fundamental public health infrastructures, such as water and sanitation systems, is one of the most cost-effective measures for improving pandemic preparedness, particularly in resource-constrained environments. The market was negatively impacted due to the COVID-19 pandemic. Supply chain disruption during the pandemic led to a shortage of equipment and consumables required for the treatment procedures.

Water and Wastewater Treatment Equipment Market Segmentation

Grand View Research has segmented the global water & wastewater treatment equipment market based on the equipment, process, application, and region:

Water & Wastewater Treatment Equipment Outlook (Revenue, USD Billion, 2018 - 2030)

Water & Wastewater Treatment Equipment Market - Process Outlook (Revenue, USD Billion, 2018 - 2030)

Water & Wastewater Treatment Equipment Market - Application Outlook (Revenue, USD Billion, 2018 - 2030)

Water & Wastewater Treatment Equipment Market - Regional Outlook (Revenue, USD Billion, 2018 - 2030)

List of the Key Players in the Water and Wastewater Treatment Equipment Market

Check out more related studies published by Grand View Research:

Browse through Grand View Research's Water & Sludge Treatment Industry Research Reports.

Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco , the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research Helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.

Sherry James Corporate Sales Specialist, USA Grand View Research, Inc. Phone: 1-415-349-0058 Toll Free: 1-888-202-9519 Email: sales@grandviewresearch.com Web: https://www.grandviewresearch.com Grand View Compass | Astra ESG Solutions  Follow Us: LinkedIn | Twitter

Logo: https://mma.prnewswire.com/media/661327/Grand_View_Research_Logo.jpg

SOURCE Grand View Research, Inc.

+44 (0)20 7454 5110 from 8 AM - 5:30 PM GMT