The Water & Wastewater Treatment Equipment Market In The Asia Pacific Region Is Projected To Grow At The Highest CAGR From 2017 To 2022
LONDON, Nov. 20, 2017 /PRNewswire/ -- "The water & wastewater treatment equipment market is projected to grow at a CAGR of 6.2% from 2017 to 2022."
Download the full report: https://www.reportbuyer.com/product/5206172
The water & wastewater treatment equipment market is estimated to be USD 24.62 billion in 2017 and is projected to reach USD 33.22 billion by 2022, at a CAGR of 6.2% from 2017 to 2022. Various water & wastewater treatment technologies such as disinfection, filtration, desalination, and testing are utilized by industrial processing plants. The growth of the market can be attributed to the increasing adoption of water & wastewater treatment equipment in industrial applications. However, high installation costs, as well as equipment and operational costs, are identified as restraints to the growth of the water & wastewater treatment equipment market.
"Based on product type, the desalination segment is projected to grow at the highest CAGR during the forecast period."
Based on product type, the desalination segment of the water & wastewater treatment equipment market is projected to grow at the highest CAGR between 2017 and 2022. The growth of the desalination segment can be attributed to the increased usage of desalination equipment to purify sea water/salt water as well as wastewater from factories. The scarcity of water resources and deteriorating water quality are major issues in a few emerging countries, such as India and China. As water & wastewater treatment equipment enables the reuse of water resources as well as helps in the purification of water, the demand for water & wastewater treatment equipment is increasing in emerging countries worldwide.
"The water & wastewater treatment equipment market in the Asia Pacific region is projected to grow at the highest CAGR during the forecast period."
The water & wastewater treatment equipment market in the Asia Pacific region is projected to grow at the highest CAGR from 2017 to 2022. Asia Pacific is emerging as a production hub for water & wastewater treatment systems, thereby influencing the growth of the water & wastewater treatment equipment market in this region. Several wastewater treatment projects are executed by governments of countries in the Asia Pacific region. The increased demand for treated potable water in this region is further anticipated to drive the growth of the Asia Pacific water & wastewater treatment equipment market during the forecast period.
Breakdown of profiles of primary interviews:
-- By Company Type - Tier 1 - 45%, Tier 2 -22%, and Tier 3 - 33%
-- By Designation - C Level - 50%, Director Level - 25%, and Others - 25%
-- By Region - Asia Pacific - 10%, Europe - 20%, North America - 50%,
Middle East & Africa - 10%, and South America - 10%
Key companies profiled in this report include Veolia Water Solutions & Technologies (France), SUEZ (France), Xylem (US), Dow Water & Process Solutions (US), Evoqua Water Technologies (US), Aquatech International (US), Ecolab (US), 3M (US), and Pentair (US).
Research Coverage:
The report covers the water & wastewater treatment equipment market and segments it on the basis of product type, application, and region. It aims at estimating the market size and future growth potential of the water & wastewater treatment equipment market in various regions. The report also provides an in-depth competitive analysis of key market players, along with their financial positions, recent developments, and key growth strategies. It also includes information on dynamic differentiators, innovators, visionary leaders, and emerging companies in the water & wastewater treatment equipment market.
Key benefits of buying the report:
From an insight perspective, this research report has been focusing on various levels of analyses, which include industry analysis and company profiles. These insights together comprise and discuss the basic views on the competitive landscape, emerging and high-growth segments, high-growth regions, and drivers, restraints, opportunities, and challenges impacting the growth of the water & wastewater treatment equipment market.
The report provides insights on the following pointers:
-- Market Penetration: Comprehensive information on the water & wastewater
treatment equipment market offered by top players.
-- Product Development/Innovation: Detailed insights on upcoming
technologies, R&D activities, and new product launches in the water &
wastewater treatment equipment market.
-- Market Development: Comprehensive information about lucrative and
emerging markets. The report analyzes the water & wastewater treatment
equipment market across different regions.
-- Market Diversification: Exhaustive information about new products,
untapped geographies, recent developments, and investments in the water
& wastewater treatment equipment market.
-- Competitive Assessment: In-depth assessment of strategies, products, and
manufacturing capabilities of leading players in the water & wastewater
treatment equipment market.
Download the full report: https://www.reportbuyer.com/product/5206172
About Reportbuyer
Reportbuyer is a leading industry intelligence solution that provides all market research reports from top publishers
For more information:
Sarah Smith
Research Advisor at Reportbuyer.com
Email: query@reportbuyer.com
Tel: +44 208 816 85 48
Website: www.reportbuyer.com
View original content:http://www.prnewswire.com/news-releases/the-water--wastewater-treatment-equipment-market-in-the-asia-pacific-region-is-projected-to-grow-at-the-highest-cagr-from-2017-to-2022-300560005.html
SOURCE ReportBuyer
