Report Code : A15544
Growth in demand from industrial & municipal water treatment, rise in investment in the industrial sector and growth in environmental concern are the major factors driving the global process water treatment market. Currently, power generation is the leading consumer of water treatment chemicals among all industries. The utilization of water treatment chemicals has increased, owing to water scarcity in several regions, stringent governmental regulations regarding wastewater discharge, and need for water treatment & its reuse. The consumption of process water treatment is highest in the Asia-Pacific region due to increase in per capita consumption and rapid industrialization in this region.
Eswara Prasad
Manager, Materials & Chemicals at Allied Market Research
According to a new report published by Allied Market Research titled, “Process Water Treatment Market by technology, manufacturing process, application, and Region: Global Opportunity Analysis and Industry Forecast, 2021–2030,”
The global process water treatment market size was valued at $263.1 billion in 2020, and is projected to reach $520.4 billion by 2030, growing at a CAGR of 7.0% from 2020 to 2030.
Process water refers to water used for producing a product or product content or water used for R&D, including, but not limited to, continuous manufacturing processes, water used for testing and maintaining equipment used in producing a product or product content, and water used in combined heat and power facilities.
Process water is an important component in multiple manufacturing processes from use as an ingredient to cleaning and rinsing. With large volumes of water being used on a daily basis, having the right water quality is essential for ensuring efficient operation and maximum uptime. Increase in demand for clean water for municipal/industrial purposes, stringent regulations associated with the waste water discharge, and rapid growth & investment in the industrial sector are the key factors expected to propel the growth of the process water treatment market during the forecast period. However, presence of alternative water treatment technologies such as membrane processes, UV irradiation, & others and disadvantages of chemicals in water treatment are expected to hamper the growth of the market in the upcoming years.
The global process water treatment market is segmented on the basis of technology, manufacturing process, application, and region. Depending on technology, the market is categorized into activated carbon filters, chlorination, distillation, electrodeionization, ion exchange, microfiltration, nanofiltration, reverse osmosis, ultrafiltration, and others. On the basis of manufacturing process, it is divided into boiler make-up water, cooling tower make-up water, coating and plating, rinsing and spraying, washing, and others. On the basis of application, it is classified into municipal, industrial and others. Region-wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The global process water treatment market analysis covers in-depth information about the major industry participants. The key players operating and profiled in the report include Advantage engineering, Inc., BWT, DuPont, Evoqua Water Technologies LLC, Lenntech B.V., Pentair Plc., Samco technologies, Inc., Spirax sarco limited, SUEZ, Water professionals, and Yasin Porozheh Company.
The global process water treatment market is analyzed and estimated in accordance with the impacts of the drivers, restraints, and opportunities. The period studied in this report is 2020–2030. The report includes the study of the market with respect to the growth prospects and restraints based on the regional analysis. The study includes Porter’s five forces analysis of the industry to determine the impact of suppliers, competitors, new entrants, substitutes, and buyers on the market growth.
Key Findings Of The Study:
Impact Of Covid-19 On The Process Water Treatment Market
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Process Water Treatment Market by Technology (Activated Carbon Filters, Chlorination, Distillation, Electrodeionization, Ion Exchange, Microfiltration, Nanofiltration, Reverse Osmosis, Ultrafiltration, and Others), Manufacturing Process (Boiler Make-Up Water, Cooling Tower Make-Up Water, Coating & Plating, Rinsing & Spraying, Washing, and Others), and Application (Municipal, Industrial and Others): Global Opportunity Analysis and Industry Forecast 2021–2030
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