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Water Treatment Technology Market 20252030 Growth Outlook, Competitive Landscape & Strategic Analysis
(MENAFN- EIN Presswire) EINPresswire/ -- The global water treatment technology market continues to expand, driven by increasing population, industrial growth, declining freshwater availability, and escalating water scarcity challenges. According to a new report 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 sector generated $168.0 billion in 2020 and is projected to reach $265.9 billion by 2030, registering a CAGR of 4.8% from 2021 to 2030.
Download Sample Pages of Research Overview:
Market Drivers & Opportunities
Strong growth in the water treatment technology market is fuelled by:
- Rapid population growth and urbanization
- Industrial expansion across major economies
- Shrinking freshwater reserves and worsening water scarcity issues
While high installation and operational costs remain a major restraint, advancements in treatment technologies and expanding R&D efforts are expected to create attractive opportunities over the coming years.
Segmental Snapshot:
1. Chemicals
- Corrosion & Scale Inhibitors dominated the segment in 2020, driven by rising industrial activities and the need to prevent scale formation.
- Coagulants & Flocculants are set to grow at the highest CAGR of 5.3%, attributed to their high efficiency across diverse pH levels and raw water conditions.
2. Membrane Systems:
- Reverse Osmosis (RO) accounted for the largest market share in 2020 due to benefits like high efficiency, low maintenance, compact system size, and ease of installation.
- Ultrafiltration (UF) is expected to grow fastest at a CAGR of 5.3%, supported by its increasing use in brackish water purification and demand for high-purity water.
Regional Highlights:
- North America led the global market in 2020 with nearly one-third share. Key factors include water scarcity, rapid urban development, and stringent regulations governing wastewater disposal.
- Asia-Pacific is projected to exhibit the highest CAGR of 5.4% through 2030, driven by limited freshwater availability and rising demand for clean and potable water.
Leading 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.
Download Sample Pages of Research Overview:
Market Drivers & Opportunities
Strong growth in the water treatment technology market is fuelled by:
- Rapid population growth and urbanization
- Industrial expansion across major economies
- Shrinking freshwater reserves and worsening water scarcity issues
While high installation and operational costs remain a major restraint, advancements in treatment technologies and expanding R&D efforts are expected to create attractive opportunities over the coming years.
Segmental Snapshot:
1. Chemicals
- Corrosion & Scale Inhibitors dominated the segment in 2020, driven by rising industrial activities and the need to prevent scale formation.
- Coagulants & Flocculants are set to grow at the highest CAGR of 5.3%, attributed to their high efficiency across diverse pH levels and raw water conditions.
2. Membrane Systems:
- Reverse Osmosis (RO) accounted for the largest market share in 2020 due to benefits like high efficiency, low maintenance, compact system size, and ease of installation.
- Ultrafiltration (UF) is expected to grow fastest at a CAGR of 5.3%, supported by its increasing use in brackish water purification and demand for high-purity water.
Regional Highlights:
- North America led the global market in 2020 with nearly one-third share. Key factors include water scarcity, rapid urban development, and stringent regulations governing wastewater disposal.
- Asia-Pacific is projected to exhibit the highest CAGR of 5.4% through 2030, driven by limited freshwater availability and rising demand for clean and potable water.
Leading 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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