EINPresswire/ -- The global water treatment technology market is witnessing significant growth, driven by rapid population expansion, accelerating industrialization, and increasing freshwater scarcity worldwide.

According to a report published by Allied Market Research, titled “Water Treatment Technology Market by Chemicals, Membrane System, and End-Use Industry: Global Opportunity Analysis and Industry Forecast, 2020–2030”, the market was valued at $168.0 billion in 2020 and is projected to reach $265.9 billion by 2030, growing at a CAGR of 4.8% from 2021 to 2030.

𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐚𝐠𝐞𝐬 𝐨𝐟 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐎𝐯𝐞𝐫𝐯𝐢𝐞𝐰:

Market Drivers and Opportunities:-

The market growth is primarily fueled by:

- Rising population and industrialization increasing the demand for clean and safe water.
- Growing water scarcity and depletion of freshwater sources.

However, the high cost of advanced treatment technologies poses a challenge to market expansion. On the upside, technological advancements and an increase in R&D activities are expected to unlock lucrative opportunities in the near future.

Segment Insights:-

By Chemicals:

- Corrosion & Scale Inhibitors: Held the largest market share in 2020 (around one-fourth), driven by increased industrial use to prevent scale formation.
- Coagulants & Flocculants: Expected to witness the highest growth with a CAGR of 5.3% during the forecast period, owing to their cost-effectiveness and high efficiency across varied pH levels and water temperatures.

By Membrane System:

- Reverse Osmosis (RO): Accounted for the largest market share in 2020, attributed to low maintenance, compact design, high efficiency, and easy installation.
- Ultrafiltration (UF): Anticipated to register the highest CAGR of 5.3% through 2030, supported by its growing use in brackish water purification and potable water production.

Regional Insights:

- North America: Dominated the global market in 2020, contributing nearly one-third of total revenue, driven by urbanization, freshwater scarcity, and stringent wastewater management regulations.
- Asia-Pacific: Expected to exhibit the fastest growth (CAGR 5.4%) during the forecast period due to increasing water scarcity and the rising need for clean drinking water across developing nations.

Key Market Players:

- AECOM
- Ashland Global Holdings Inc.
- BASF SE
- Aquatech International LLC
- DOW
- BioMicrobics, Inc.
- PepsiCo
- DuPont
- The Coca-Cola Company
- The 3M Company

𝐖𝐚𝐧𝐭 𝐭𝐨 𝐀𝐜𝐜𝐞𝐬𝐬 𝐭𝐡𝐞 𝐒𝐭𝐚𝐭𝐢𝐬𝐭𝐢𝐜𝐚𝐥 𝐃𝐚𝐭𝐚 𝐚𝐧𝐝 𝐆𝐫𝐚𝐩𝐡𝐬, 𝐊𝐞𝐲 𝐏𝐥𝐚𝐲𝐞𝐫𝐬' 𝐒𝐭𝐫𝐚𝐭𝐞𝐠𝐢𝐞𝐬: /purchase-options

About Us

Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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