Water Treatment Equipment Market Report and Forecast 2024-2032

According to the report, the global water treatment equipment market size reached a value of USD 61.88 billion in 2023. Aided by the escalating demands for clean water, stringent environmental regulations, and technological advancements in water treatment technologies, the market is projected to further grow at a CAGR of 5.1% between 2024 and 2032 to reach a value of USD 97.46 billion by 2032.

Water treatment equipment encompasses a broad array of systems and technologies designed to manage wastewater, purify drinking water, and make industrial water processes more efficient. These systems are essential for ensuring the availability of clean water and for preventing waterborne diseases, thus playing a critical role in public health and environmental management.

As per the water treatment equipment market analysis, as global populations continue to grow, particularly in urban areas, the pressure on existing water resources intensifies. This surge in demand necessitates efficient water treatment solutions to ensure a safe and reliable water supply for drinking and daily use. The expansion of urban environments and increased consumption rates are key drivers propelling the market forward.

Governments worldwide are implementing stricter regulations to protect water quality, which compels industries and municipalities to invest in advanced water treatment technologies, which can aid the water treatment equipment market growth. These regulations are designed to reduce pollution, manage industrial discharges, and ensure that water released back into the environment meets safety standards, the
Rapid industrialization in regions like Asia-Pacific and Africa is expected to boost the demand for water treatment equipment significantly. These regions present lucrative opportunities for market expansion, given their large-scale industrial activities and growing focus on sustainable practices, thereby fostering water treatment equipment market expansion.

Industries such as pharmaceuticals, chemicals, and power generation require large volumes of water and face stringent regulatory requirements for water treatment. The need to recycle and reuse water within these industrial processes is driving the adoption of sophisticated water treatment equipment.

Climate change is exacerbating water scarcity issues globally, altering precipitation patterns and increasing the frequency of extreme weather events such as droughts and floods. As per the water treatment equipment market outlook, these changes stress water infrastructures and sources, making effective water management and treatment more crucial than ever. Governments and organizations are increasingly investing in resilient water treatment solutions to adapt to these changes, boosting the market.

Resource recovery from wastewater is an emerging trend that not only addresses water reuse but also extracts valuable byproducts such as biogas, fertilisers, and metals during the treatment process. This not only adds economic value to the water treatment equipment market but also reduces the environmental impact of waste disposal. Technologies that facilitate resource recovery are gaining traction, aligning with circular economy principles.

Membrane technologies, particularly reverse osmosis and nano-filtration are increasingly used for their efficiency in removing contaminants to the ionic level. Improvements in membrane materials and configurations are reducing costs and enhancing the applicability of these technologies in both drinking water and industrial water treatment. The development of anti-fouling membranes is also significant, as it prolongs system life and reduces maintenance needs.

Innovation in water treatment technologies, including reverse osmosis, UV disinfection, and bio-based treatments, is enhancing the efficiency and effectiveness of water treatment, which can also boost the water treatment equipment market share. These advancements not only improve water quality but also reduce operational costs and energy consumption, making them highly attractive to water-intensive industries and water utilities.

The integration of smart technologies, such as IoT and AI, into water treatment systems is transforming the market. Smart water management systems offer real-time data monitoring and control, which enhances the efficiency and reliability of water treatment processes. The adoption of these technologies is set to open new frontiers in water management and conservation.

Market Segmentation

The market can be divided based on type, application, and region.

Market Breakup by Type

• Membrane Separation
• Disinfection
• Biological
• Others

Market Breakup by Application

• Municipal
• Residential

Market Breakup by Region

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa

Competitive Landscape

The report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the global water treatment equipment market. Some of the major players explored in the report are as follows:

• 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