Oct 18, 2017   SOURCE: BusinessWire

Filters Market for Wastewater Treatment Industry - Segmentation Analysis and Growth Opportunities | Technavio

According to the latest market study released by Technavio, the filters market for wastewater treatment industry is expected to grow at a CAGR of more than 6% during the predicted period.

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Technavio has published a new report on the global filters market for wastewater treatment industry ...

Technavio has published a new report on the global filters market for wastewater treatment industry from 2017-2021. (Photo: Business Wire)

This research report titled ‘Filters Market for Wastewater Treatment Industry 2017-2021’ provides an in-depth analysis of the market in terms of revenue and emerging market trends. This market research report also includes up to date analysis and forecasts for various market segments and all geographical regions.

The global filters market for the wastewater treatment industry is growing at a steady rate worldwide. In 2016, the market witnessed high demand from the Americas, followed by EMEA. In the recent times, environmental awareness, along with healthcare awareness has been increasing. With the stringent governmental laws regarding the discharge of wastewater, the market is likely to witness a steady growth during the forecast period.

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Technavio’s analysts categorize the filters market for wastewater treatment industry into three major segments by application. They are:

  • Agricultural
  • Industrial
  • Municipal

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Global filters market for wastewater treatment industry by municipal segment

Municipal wastewater, also referred to as domestic wastewater or sewage, is usually carried in a sanitary sewer or a combined sewer. The areas that are not connected or lack the access to the centralized sewer systems depend on the onsite wastewater treatment systems. These comprise drain field and septic tanks.

According to Gaurav Mohindru, a lead water and waste management research analyst from Technavio, “Chemical or physical pollutants include organic particles, such as food, hair, vomit, paper, plant material, and fibers. Emulsions include adhesives, hair colorants, paints, emulsified oils, and others. Such contaminants, when combined with other biological pathogens can adversely affect the human health and the surrounding environment significantly.”

Global filters market for wastewater treatment industry by industrial segment

Industrial waste treatment is mainly the mechanism to process the wastewater generated as the by-product of commercial or industrial activities. After processing the wastewater, it is either released to the surface water in the environment or is reused wherever applicable. There are multiple sources that produce a wide range of contaminants that are necessary to be treated in an environment-friendly manner to contain the negative impact on the ecosystem.

“Wastewater has suspended solids that lead to the development of sludge when released untreated into the aquatic environment. Nutrients, such as phosphorus, nitrogen, and carbon, when released in the aquatic environment lead to the growth of unnecessary aquatic life. Apart from the above-mentioned pollutants, there are other organic and inorganic compounds that are carcinogenic in nature and are often found in wastewater streams,” says Gaurav.

Global filters market for wastewater treatment industry by agricultural segment

The wastewater produced from the agricultural activities is one of the major sources of pollution that needs to be contained. Agriculture is a highly intensified sector in most countries that produces large volumes of wastewater. This wastewater requires a wide range of treatment technologies along with stringent management practices.

To cater to the numerous different contaminants found in wastewater, it becomes crucial to the manufacture of equipment that can treat the wastewater efficiently by complying with all the governmental rules. Specific filters must be designed for the treatment facilities that have the required capability to treat such contaminants.

The top vendors highlighted by Technavio’s research analysts in this report are:

  • GE Water & Process Technologies
  • Lenntech
  • Pall
  • Parker Hannifin
  • Veolia

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