EMEA & Asia Pacific Water Treatment Market Is Expected To Fl...| MENAFN.COM

Monday, 16 May 2022 05:58 GMT

EMEA & Asia Pacific Water Treatment Market Is Expected To Flourish At A Significant CAGR Of 5.8% By 2026

(MENAFN- America News Hour)

The statistics portray the growing population in the regions of EMEA and the Asia Pacific, which is also contributing to the rising need for potable water. With the growing urbanization in these regions and surge in economic development, there is a rising concern for surface and ground water pollution. As a result, the access to potable water is gradually lowering, which is driving the need to deploy water treatment plants. In addition, the growing concern for the prevalence of different water-borne diseases, such as diarrhea, typhoid, and others, is also expected to accelerate the market growth in the coming years.

Research Nester has released a report titled “EMEA & Asia Pacific Water Treatment Market : Demand Analysis & Opportunity Outlook 2026″ which also includes some of the prominent market analyzing parameters such as industry growth drivers, restraints, supply and demand risk, along with the impact of COVID-19 and a detailed discussion on the latest trends and future opportunities that are associated with the growth of the market.

In the year 2020, the total population in the European Union, Middle East & North Africa, and the East Asia & Pacific recorded 447794691 numbers, 464554123 numbers, and 2.353 Billion respectively, according to the statistics by the World Bank.

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The EMEA & Asia Pacific water treatment market is anticipated to grow with a CAGR of 5.8% during 2020-2026. The market garnered a revenue of USD 63020.3 Million in 2020, and is further projected to garner a revenue of USD 88225.8 Million by the end of 2026. On the basis of technology, the market is segmented into oil/water separation, suspended solids removal, dissolved solids removal, biological treatment/nutrient & metal recovery, disinfection/oxidation, and others. By the end of 2026, the dissolved solids removal segment is expected to garner the largest market revenue of 31245.8 Million, up from USD 22007.8 Million in 2020. Further, the segment is also anticipated to grow with the second-highest CAGR of 6% during the forecast period.

The EMEA & Asia Pacific water treatment market is segmented by region into Europe, Middle East & Africa, and the Asia Pacific. In the year 2020, the market in the Asia Pacific garnered the largest revenue of USD 32010.2 Million, and it is further projected to reach USD 46262.2 Million by the end of 2026, by growing with the highest CAGR of 6.3% during the forecast period. Besides this, out of all the countries in the Asia Pacific, the market in China garnered the largest revenue of USD 16676.3 Million in 2020, and is further expected to touch USD 24070.3 Million by the end of 2026.

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However, the lack of availability of skilled persons for operating water treatment plants is one of the major factors projected to hinder the growth of the market in the coming years.

This report also provides the existing competitive scenario of some of the key players of the EMEA & Asia Pacific water treatment market, which includes company profiling of SUEZ, BASF SE, DuPont de Nemours, Inc., Xylem, Evoqua Water Technologies LLC, Aquatech International LLC, Ecolab Inc., Solvay SA, VEOLIA ENVIRONNMENT SA, Kurita Water Industries Ltd., and others.

The profiling enfolds key information of the companies which comprises of business overview, products and services, key financials and recent news and developments. Conclusively, the report titled “EMEA & Asia Pacific Water Treatment Market: Demand Analysis & Opportunity Outlook 2026” , analyses the overall EMEA & Asia Pacific water treatment industry to help new entrants to understand the details of the market. In addition to that, this report also guides existing players looking for expansion and major investors looking for investment in the EMEA & Asia Pacific water treatment market in the near future.

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