Treatment a $65 Billion Industry by 2015
World demand for water treatment products is projected to increase 6.2 percent
per year to nearly $65 billion in 2015. Although growth will be healthy across
the globe, the drivers of growth will vary by region. China will
remain by far the fastest growing major market. In just a few short decades, China has gone
from being a country in which water treatment was at best an afterthought to
being the second largest water treatment market in the world. Nevertheless,
growth in China
will inevitably slow from the torrid pace set in the early years of the 21st
century. These and other trends are presented in World Water Treatment
Products, a new study from The Freedonia Group Inc., a Cleveland-based industry
market research firm.
In the most developed markets – the United States, Japan and most of Western Europe – gains will result from efforts to increase water reuse rates, improve the quality of drinking water, and further reduce the chances of water contamination and environmental damage. Such efforts will boost demand for products such as advanced membrane systems, disinfection equipment and specialty chemicals used in industrial wastewater treatment. In the United States and a few other developed countries, demand also will be boosted by increased desalination capacity.
In less developed, industrializing nations, gains will be prompted by expansion of sanitation services, access to which in many countries remains considerably lower than for water supply systems – particularly in Asia and Africa. Industrial water treatment gains will result from efforts to meet global standards for wastewater reclamation and effluent discharge quality.
In the least developed parts of Asia and Africa, market gains will be among the fastest in the world, but even that robust level of growth will leave several hundred million people without access to safe water or even minimal sanitation facilities. In the large Middle Eastern market, gains will be prompted by continued expansion of desalination capacity in the region, in both the desalination leaders Saudi Arabia, the United Arab Emirates and Kuwait. The expansion of desalination will boost demand for evaporators and membrane systems.
To learn more about the report, telephone 800-298-5699, or visit www.marketresearch.com.
ND
In the most developed markets – the United States, Japan and most of Western Europe – gains will result from efforts to increase water reuse rates, improve the quality of drinking water, and further reduce the chances of water contamination and environmental damage. Such efforts will boost demand for products such as advanced membrane systems, disinfection equipment and specialty chemicals used in industrial wastewater treatment. In the United States and a few other developed countries, demand also will be boosted by increased desalination capacity.
In less developed, industrializing nations, gains will be prompted by expansion of sanitation services, access to which in many countries remains considerably lower than for water supply systems – particularly in Asia and Africa. Industrial water treatment gains will result from efforts to meet global standards for wastewater reclamation and effluent discharge quality.
In the least developed parts of Asia and Africa, market gains will be among the fastest in the world, but even that robust level of growth will leave several hundred million people without access to safe water or even minimal sanitation facilities. In the large Middle Eastern market, gains will be prompted by continued expansion of desalination capacity in the region, in both the desalination leaders Saudi Arabia, the United Arab Emirates and Kuwait. The expansion of desalination will boost demand for evaporators and membrane systems.
To learn more about the report, telephone 800-298-5699, or visit www.marketresearch.com.
ND
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