Global Water Treatment Equipment Market Report and Forecast 2024-2032

Global Water Treatment Equipment Market Outlook

The global water treatment equipment market size reached approximately USD 61.88 billion in 2023. The market is further projected to grow at a CAGR of 5.1% between 2024 and 2032, reaching a value of USD 97.46 billion by 2032.

Key Trends in the Market

Water treatment equipment refers to machines and devices used for enhancing the quality of the water for various end user applications. These equipment aid in the minimisation of the environmental pollution and are essential for ensuring the supply of clean and safe drinking water.

• The rapid urbanisation and population expansion are aiding the water treatment equipment market growth. The increase in awareness about the various threats associated with drinking unclean water is bolstering the requirements for water treatment equipment.

• The increasing strictness of environment regulatory compliances for discharge and water is providing lucrative growth opportunities to the market. The threat of penalties and costly fines encourages businesses and manufacturers to invest in water treatment equipment in order to meet the regulatory standards.

• Increasing incidences of water borne diseases and water pollution is supporting the market expansion. Water treatment equipment allows the removal of hazardous substances and contaminants from the water, making it safe for drinking, among other purposes.

• The rising investments towards the digitalisation and enhancement of water treatment systems and equipment are boosting the product requirement. The advancements include enhanced modular equipment construction and design, improved membrane filtration, and integration of self-cleaning systems, among others.

Global Water Treatment Equipment Market Analysis

On the basis of type, the market is divided into membrane separation, disinfection, and biological, among others. Based on applications, the market is bifurcated into municipal and residential.

On the basis of region, the water treatment equipment market segmentation includes North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the market, covering their competitive landscape and latest developments like mergers, acquisitions, investments, and expansion plans.

• General Electric Company 

• 3M Co. 

• Pentair Plc 

• Evoqua Water Technologies LLC 

• Koch Industries, Inc. 

• DuPont de Nemours, Inc. 

• Ecolab Inc.

• Lenntech B.V. 

• Kuraray Co., Ltd. (Carbon Corporation) 

• Parkson Corporation 

• Aquatech International LLC  

• Others

Market Share by Application

Municipal applications are expected to account for a significant water treatment equipment market share owing to the increasing utilisation of water treatment equipment for non-residential and residential applications. The rise in investments, establishment of government policies to support the infrastructure development, and expansion of the urban population are providing lucrative growth opportunities to the market and aiding the growth of the segment.

Market Share by Region

The Asia Pacific is anticipated to witness significant growth in the coming years. This growth can be attributed to lack of sanitation facilities, open defecation, and presence of inadequate water management systems in the region. The increasing population and rapid industrialisation are boosting the water treatment equipment market demand. The strong presence of various key players of the market including Kuraray Co., Ltd., among others in the Asia Pacific is further aiding the market expansion.

Competitive Landscape

General Electric Company, headquartered in Massachusetts, United States, is one of the leading industrial machinery manufacturing companies that specialises in providing solutions for renewable energy, water treatment, aviation, healthcare, and oil and gas, among others.

3M Co., headquartered in Minnesota, United States, is an industrial machinery manufacturing company that applies innovation and science for making lasting impact by manufacturing durable products including water treatment equipment.

Pentair Plc, headquartered in Minnesota, United States, is dedicated towards providing industrial water management and business and residential water solutions to improve water quality. The company is focused on driving innovation to help the planet and people thrive.

Other water treatment equipment market key players include Evoqua Water Technologies LLC, Koch Industries, Inc., DuPont de Nemours, Inc., Ecolab Inc., Lenntech B.V., Kuraray Co., Ltd. (Carbon Corporation), Parkson Corporation, and Aquatech International LLC, among others.

Key Highlights of the Report