The mobile water treatment market is estimated to grow at a CAGR of 12.16% from US$1.560 billion in 2021 to US$3.482 billion by 2028.
Mobile water treatment systems are used when water delivery services are temporarily disrupted to provide a regular supply of safe drinking water. Mobile treatment solutions can create purified water from any natural water source, including saltwater, surface water, seawater, ponds, and rivers. Water contamination incidents are on the rise worldwide, which is the main driver of the worldwide mobile water treatment market. Additionally, the shrinkage of freshwater resources and the lack of water in arid regions have a significant impact on the expansion of the global market. However, the market development could be hampered by the manufacturing and implementation costs of mobile water treatment solutions.The rapid expansion of reservoirs and wastewater and water treatment plants worldwide is one of the main factors fueling the growth of the global mobile water treatment market.
Water scarcity has become a severe problem in many countries, increasing the demand for clean water. Freshwater resources are being depleted quickly. By 2025, the U.S. Food and Agriculture Organisation projects that 1.9 billion people will reside in regions with a complete water shortage. Additionally, by 2025, about two-thirds of the world's population may be experiencing water stress. The World Data Lab estimates that 2.36 billion people live in locations with limited access to clean water. Most Middle Eastern and African nations, including Saudi Arabia and Egypt, are among the places with extreme water shortages and water stress. In these areas, the average amount of water per person is less than 500 m3 and the area where the average amount of water per person is less than 1000 m3 is known as a water-scarce area. Reusing treated water is, therefore, the greatest option in these areas. As a quick, affordable, and dependable solution to the water crisis problem, mobile water treatment may be a good option. Any location can receive clean drinking water thanks to a mobile water treatment system mounted on a trailer.Further, investment in the wastewater treatment sector is aiding in mobile water treatment technology adoption.
India is predicted to experience acute water scarcity by 2030 when water demand will be twice more than availability. It was also estimated that Swachh Bharat Mission-Urban 2.0 would cost INR 1,41,600 crores (about USD 18.998 billion) to implement its various components in the fiscal year 2021-2022. The Government of India contributed INR 36,465 crores (about USD 4.892 billion) of that total, with the remaining monies coming from other sources like CSR from the public and private sectors, outside aid, etc. It contains the budgetary allotment for national water and wastewater treatment.The agricultural sector is projected to hold a significant share of the mobile water treatment market.
By end-users, the mobile water treatment market is divided into the municipality, construction, chemical, agriculture, and others. Agricultural activities and irrigation facilities are intertwined activities for increasing crop yield. Water is a critical input for agricultural production and is important to food security. Irrigated agriculture is, on average, at least twice as productive per unit of land as rain-fed agriculture, thereby allowing for more production intensification and crop diversification. Increasing productivity and the ability to feed the growing population calls for better irrigation facilities. The mobile water treatment facilities can produce purified water from any natural and contaminated water sources, which can irrigate the crop field, thereby reducing water wastage.North America is estimated to hold a significant share of the mobile water treatment market.
The global mobile water treatment market is segmented by geography into North America, South America, Europe, Middle East and Africa, and Asia Pacific. The North American mobile water treatment market is further segmented into USA, Canada, and Mexico. The ongoing and rising clean drinking water crisis is estimated to be the major factor propelling the region's mobile water treatment market growth. Due to the plunging water levels in the Colorado River, Mexico and American states such as Arizona and Nevada are estimated to be some of the worst affected regions, with Arizona expected to lose roughly 18% of its supply in 2021, according to the Associated Press.The Asia Pacific region is estimated to be the fastest-growing region, attributed to the rising demand for clean water due to rapid urbanization and industrialization and diminishing freshwater resources around the globe. Additionally, with an increasing population and growing awareness regarding the health hazards of consuming contaminated water, especially in developing economies like China and India, the demand for mobile water treatment solutions is expected to grow significantly in the upcoming years.
Market Developments:
- In February 2020, Veolia launched SIRION Advanced, a compact, plug-and-play system for high-purity water production specifically for industrial water treatment.
- In November 2020, Palembang committed US$82.8 million to develop a wastewater treatment facility in South Sumatra, Indonesia.
- The Winnipeg Sewer Treatment plant was built with a US$212.8 million investment from the Canadian government in July 2021. It is anticipated that further construction projects will offer promising growth prospects.
Market Segmentation:
By Product type
- Resin Mobile Water Treatment
- Membrane Mobile Water Treatment
- Filtration Mobile Water Treatment
- Others
By End-user
- Municipal
- Construction
- Chemical
- Agriculture
- Others
By Geography
- North America
- USA
- Canada
- Mexico
- South America
- Brazil
- Argentina
- Others
- Europe
- Germany
- France
- UK
- Others
- Middle East and Africa
- Saudi Arabia
- UAE
- Others
- Asia Pacific
- China
- India
- Japan
- South Korea
- Taiwan
- Thailand
- Indonesia
- Others
Table of Contents
1. INTRODUCTION
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
5. MOBILE WATER TREATMENT MARKET, BY PRODUCT TYPE
6. MOBILE WATER TREATMENT MARKET, BY END-USER
7. MOBILE WATER TREATMENT MARKET, BY GEOGRAPHY
8. COMPETITIVE ENVIRONMENT AND ANALYSIS
9. COMPANY PROFILES
Companies Mentioned
- Veolia Water Technologies
- GE Water and Process Technologies
- Evoqua Water Technologies
- SUEZ Water
- Pall Corporation
- Organo Corporation
- Degremont
- Ramky Enviro Engineers Limited
- Ecolutia Services
Methodology
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Table Information
Report Attribute | Details |
---|---|
No. of Pages | 140 |
Published | June 2023 |
Forecast Period | 2021 - 2028 |
Estimated Market Value ( USD | $ 1.56 billion |
Forecasted Market Value ( USD | $ 3.48 billion |
Compound Annual Growth Rate | 12.1% |
Regions Covered | Global |
No. of Companies Mentioned | 9 |