The North America water treatment system market was valued at US$ 15.74 billion in 2023 and is expected to reach US$ 24.24 billion by 2031; it is estimated to register a CAGR of 5.5% from 2023 to 2031.
In 2022, there were more than 16,000 public wastewater management facilities in the US. Over 80% of the US population consumes drinking water from these facilities after proper treatment, and ~75% of the US population has sanitary treatment in these facilities. The growing importance of proper water treatment infrastructure is boosting the demand for water treatment facilities.
Globally, almost 78% of the wastewater stays untreated and is disposed of in groundwater, rivers, or lakes, which causes critical water pollution. Therefore, governments across the globe are strengthening their regulatory policies to enhance the overall water quality, along with encouraging the deployment of water treatment systems in various industries.
In the US, the Environmental Protection Agency controls wastewater management, while the National Pollutant Discharge Elimination System gives permits to all wastewater treatment facilities. Furthermore, the Water Pollution Control Act supports agencies to guarantee water obtained for industrial applications is utilized efficiently. Thus, the growing government focus on addressing environmental concerns and increasing sustainability drives the water treatment systems market.
Pentair plc, Xylem Inc, GE Water & Process Technologies, MPW Industrial Services, Suez Environment, Pall, and Veolia Water Technologies are among the key players offering water treatment systems and services in North America. Companies operating in the water treatment systems market are taking strategic initiatives and utilizing technologies for water treatment facilities.
For instance, in May 2020, Veolia launched SIRION Pro, which is a skid-mounted reverse osmosis system for high-purity water production. To cite another instance, in 2022, Pentair announced the expansion of its residential water treatment offerings with its Pentair water solutions segment. Thus, such developments and growing investment in water management infrastructure are propelling the growth of the water treatment systems market in North America.
Increasing Government Regulations on Wastewater Treatment Fuel North America Water Treatment System Market
The volume of wastewater is growing with the increase in population. Households and industries produce the majority of wastewater. Every year, ~380 billion cubic meters of municipal wastewater is produced globally. As a result, the requirement for proper infrastructure development in the wastewater management sector is growing, led by the growing population and rising urbanization. Governments of numerous countries are concentrating on installing proper wastewater treatment facilities to protect the environment from pollution.In 2022, there were more than 16,000 public wastewater management facilities in the US. Over 80% of the US population consumes drinking water from these facilities after proper treatment, and ~75% of the US population has sanitary treatment in these facilities. The growing importance of proper water treatment infrastructure is boosting the demand for water treatment facilities.
Globally, almost 78% of the wastewater stays untreated and is disposed of in groundwater, rivers, or lakes, which causes critical water pollution. Therefore, governments across the globe are strengthening their regulatory policies to enhance the overall water quality, along with encouraging the deployment of water treatment systems in various industries.
In the US, the Environmental Protection Agency controls wastewater management, while the National Pollutant Discharge Elimination System gives permits to all wastewater treatment facilities. Furthermore, the Water Pollution Control Act supports agencies to guarantee water obtained for industrial applications is utilized efficiently. Thus, the growing government focus on addressing environmental concerns and increasing sustainability drives the water treatment systems market.
North America Water Treatment System Market Overview
The US, Canada, and Mexico are among the major contributing countries in North America. The growing focus on environmental pollution and sustainability is driving the demand for water treatment facilities in North America. For instance, in July 2023, the US Department of Interior invested ~US$ 152 million as a part of the Bipartisan Infrastructure Law to bring clean and reliable drinking water to communities across the West US. The projects were initiated in California, Colorado, and Washington in an area of 1.7-million-acre feet for the additional water storage capacity. The funding was also made available to advance water storage capacities in that area.Pentair plc, Xylem Inc, GE Water & Process Technologies, MPW Industrial Services, Suez Environment, Pall, and Veolia Water Technologies are among the key players offering water treatment systems and services in North America. Companies operating in the water treatment systems market are taking strategic initiatives and utilizing technologies for water treatment facilities.
For instance, in May 2020, Veolia launched SIRION Pro, which is a skid-mounted reverse osmosis system for high-purity water production. To cite another instance, in 2022, Pentair announced the expansion of its residential water treatment offerings with its Pentair water solutions segment. Thus, such developments and growing investment in water management infrastructure are propelling the growth of the water treatment systems market in North America.
North America Water Treatment System Market Segmentation
The North America water treatment system market is categorized into filtration process, type, application, end user, and country.- Based on filtration process, the North America water treatment system market is segmented distillation, ultra-violet sterilization, reverse osmosis, filtration, ion-exchange, and others. The reverse osmosis segment held the largest market share in 2023.
- In terms of type, the North America water treatment system market is categorized into drinking water treatment system, industrial water treatment systems, wastewater treatment systems, portable water treatment systems, and well water treatment systems. The drinking water treatment system segment held the largest market share in 2023.
- By application, the North America water treatment system market is segmented into ground water, brackish and sea water desalination, rainwater harvesting, drinking water, and others. The drinking water segment held the largest market share in 2023.
- By end user, the North America water treatment system market is segmented into residential, municipal, agriculture, food and beverage, commercial, mining and metal, oil and gas, pharmaceuticals, and others. The municipal segment held the largest market share in 2023.
- By country, the North America water treatment system market is segmented into the US, Canada, and Mexico. The US dominated the North America water treatment system market share in 2023.
Reasons to Buy
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the North America water treatment system market.
- Highlights key business priorities in order to assist companies to realign their business strategies.
- The key findings and recommendations highlight crucial progressive industry trends in the North America water treatment system market, thereby allowing players across the value chain to develop effective long-term strategies.
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
- Scrutinize in-depth North America market trends and outlook coupled with the factors driving the North America water treatment system market, as well as those hindering it.
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution.
Table of Contents
1. Introduction
2. Executive Summary
3. Research Methodology
4. North America Water Treatment Systems Market Landscape
5. North America Water Treatment Systems Market - Key Market Dynamics
6. Water Treatment Systems Market - North America Analysis
7. North America Water Treatment Systems Market Analysis - by Filtration Process
8. North America Water Treatment Systems Market Analysis - by Type
9. North America Water Treatment Systems Market Analysis - by Application
10. North America Water Treatment Systems Market Analysis - by End User
11. North America Water Treatment Systems Market - Country Analysis
12. Competitive Landscape
13. Industry Landscape
14. Company Profiles
15. Appendix
List of Tables
List of Figures
Companies Mentioned
Some of the leading companies in the North America Water Treatment System Market include:- Hitachi Zosen Corporation
- 3M Co
- Aquatech International LLC.
- Culligan International Co
- DuPont de Nemours Inc
- Filtra-Systems Company LLC
- Pall Corp
- Pentair Plc
- Pure Aqua, Inc.
- Thermax Limited
- Thermo Fisher Scientific Inc
- Veolia Environnement SA
- Xylem Inc
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 137 |
Published | November 2024 |
Forecast Period | 2023 - 2031 |
Estimated Market Value ( USD | $ 15.74 Billion |
Forecasted Market Value ( USD | $ 24.24 Billion |
Compound Annual Growth Rate | 5.5% |
Regions Covered | North America |
No. of Companies Mentioned | 14 |