San Jose, CA, Nov. 8, 2012 -- Water is the most essential of all fundamental needs of human life. Global water demand continues to escalate driven by burgeoning population, rapid economic activity in emerging economies and the continuous rise in per capita water consumption. The severe shortage of water across several parts of the world is driving governments to lay emphasis on measures such as water conservation, environmental preservation and water treatment. Worldwide market for water and wastewater treatment, recycling and reuse achieved considerable growth in the last few years, due largely to the increasing demand for high quality water and stringent regulations that limit waste discharge into the environment. The shifting demand-supply drivers for freshwater are causing a transformation in water and wastewater markets across the globe. While in developed countries existing infrastructure is being renewed and modernized, developing countries are installing new infrastructure and related services.
Water demand and water security constitute the prime growth drivers in the global water treatment equipment and supplies market. Growth is also attributed to the increased significance of water reuse and desalination measures, which are aimed at addressing the rising need for safe and clean water. Expanding global population and the subsequent focus on industrialization coupled with the growing demand from agricultural sector are expected to fuel growth in the worldwide water treatment market. In developed countries, the major market driver is the need to conform to regulations. On the other hand, in developing countries, poor public health amenities and the urgent need to improve it will drive the market for treatment equipment. The essential nature of water and heavily regulated marketplace represent positive factors for water companies. In most countries, companies in the water industry are regulated at the state level. With no hefty competition, water utilities managed to generate regular income even in times of economic distress. However, the sector faces serious difficulties in obtaining funds for infrastructure and maintenance.
As stated by the new market research report on Water Treatment Equipment and Supplies, the United States represents the single largest market worldwide. Apart from the U.S., other developed markets such as Japan and Western Europe are expected to witness increases driven by attempts to reduced water pollution, enhance drinking water quality, and improve the rate of water reuse. This is expected to foster the demand for various water treatment equipment and supplies such as specialty chemicals, disinfection equipment, and membrane systems, among others.
Growth in developing nations would be driven by continuous development in water-deprived regions across Africa and Asia. Rapidly growing economies of Central and Eastern Europe, as well as Russia are also fuelling the upward trend. In the Middle East, growth is expected from the sustained emphasis on developing desalination capacity in countries such as Saudi Arabia, Kuwait, and the UAE, which already lead in establishing desalination plants, along with relatively newer markets such as Israel and Algeria. Asia-Pacific represents the fastest growing regional market for water treatment equipment and supplies with a compounded annual rate of 7.7 percent over the analysis period.
Municipal represents the largest and the fastest growing end-use segment for water treatment equipment and supplies. The segment is focused on designing, supplying and commissioning treating equipment for potable water, sewage and stormwater end-use markets. On the other hand, the industrial water treatment market is expected to benefit from the attempts to meet worldwide standards related to wastewater reclamation and the quality of effluent discharge. The demand for ultrapure water is also anticipated to rise owing to increased demand from manufacture of LCD panels and semiconductors as well as latest solar panels, organic ELs and lithium-ion batteries. The US represents the largest market for industrial water treatment equipment and supplies. In the residential water treatment equipment market, increasing consumer awareness about drinking water quality is favors growth. Consumers are increasingly demanding treatment units that ensure complete removal of contaminants at affordable prices, without affecting the aesthetics aspects of the units. Also, the low penetration of water treatment equipment in urban households bodes well for the market.
Water treatment equipment market is characterized by high degree of fragmentation, and is a mix of few large companies and a number of regional players with operations limited to their geographic areas. Major players profiled in the report include 3M Purification Inc., Asahi Kasei Corporation, BRITA LP, BWT AG, Calgon Carbon Corporation, Culligan International, Dow Water & Process Solutions, GE Water & Process Technologies, Groupe Novasep, H2O Innovation Inc., Hitachi Plant Technologies Ltd., Koch Membrane Systems, Kurita Water Industries, EMD Millipore, Mitsubishi Rayon Co. Ltd., Nitto Denko Corp., Norit Nederland B.V., Pall Corporation, Pentair Inc., Siemens Water Technologies Corporation, Suez Environnement, Toray Industries Inc., Trojan Technologies, Veolia Water Solutions & Technologies, and Xylem, Inc.
The research report titled "Water Treatment Equipment and Supplies: A Global Strategic Business Report" announced by Global Industry Analysts Inc., provides a comprehensive review of trends, issues, strategic industry activities, and profiles of major companies worldwide. The report provides market estimates and projections across geographic markets such as the US, Canada, Japan, Europe (France, Germany, Italy, UK, Spain, Russia, and Rest of Europe), Asia-Pacific (China, India, and Rest of Asia-Pacific), Middle East/Africa, and Latin America (Brazil, Mexico, and Rest of Latin America). Key end-use segments analyzed include Industrial, Municipal, Residential, and Commercial.
For more details about this comprehensive market research report, please visit – http://www.strategyr.com/Water_Treatment_Equipment_and_Supplies_Market_Report.asp.
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