Water Treatment Technology Market Size 2021 Industry Size Analyzed by Business Opportunity, Development, Growth Factors, Applications Analysis and Future Prospects 2024 | Says Kenneth Research
May 11, 2021 (AmericaNewsHour) —
Kenneth Research has recently added a report titled Water Treatment Technology market in its storehouse of market research reports. The report provides a detailed insight into the market scenario on the basis of the market size and volume for the forecast period, i.e., 2021-2024. Water Treatment Technology market is further anticipated to grow with a CAGR of 4.7% during the forecast period. Factors such as the growing advancements in the development of novel drugs, coupled with the growing health infrastructure in several nations worldwide are anticipated to drive the growth of the market in the coming years. Moreover, increasing expenditure on healthcare, backed by the need amongst individuals for quality healthcare services, is also anticipated to contribute to the market growth. According to the statistics by the World Bank, the current health expenditure (% of GDP) around the world increased from 9.08% in 2001 to 9.84% in 2018. Additionally, the current health expenditure per capita (current US$) increased from USD 492.99 in 2001 to USD 1110.84 in 2018. Moreover, growing concern for deaths caused due to various diseases and the need for treatment that can lower the crude death rate, which in the year 2019 recorded close to 7% (per 1000 people), are also anticipated to drive the market growth during the forecast period.
“Final Report will add the analysis of the impact of COVID-19 on this industry.”
Global Water Treatment Technology Market is estimated to reach $216.9 Billion by 2024; growing at a CAGR of 4.7% from 2016 to 2024. Water treatment is a process of making water portable enough for human consumption or for industrial use. It removes chemical compounds, biological contaminants, and organic and inorganic compounds from water. A basic water treatment involves chemical, physical and biological processes to remove the contaminants. The required treatment may depend on the application. Moreover, the treatment also depends on the size and severity of contamination and must ensure compliance with national or international regulations. Additionally, technological innovations have led to the development of modern devices and techniques that can be used for determining the presence and level of harmful chemicals and microorganisms in water.
“Final Report will add the analysis of the impact of COVID-19 on this industry.”
Enquire before purchasing this report ->https://www.kennethresearch.com/sample-request-10325468
The global water treatment technology market is driven by factors such as rising demand for water, rapid urbanization and industrialization, and government initiatives to setup advanced water treatment plants. However, high cost of setting up a treatment plant would hamper the market growth. Additionally, rising budgets to modernize the treatment plants, and depleting ground water could create market opportunities in years to come.
The global water treatment technology market is bifurcated as chemicals, pumping system, and membrane system. Chemicals are segmented into coagulants and flocculants, corrosion and scale inhibitors, activated carbon, anti-foamants and defoamers, biocides, and others. Pumping system is categorized into pumps, valves & controls, and automation systems. Furthermore, by membrane system type, the market is sub-segmented into electrodialysis, reverse osmosis, microfiltration, ultrafiltration, and gas separation & others.
By geography, the market has been bifurcated into North America, Europe, Asia-Pacific and Rest of the World (RoW). The U.S., Canada, and Mexico are covered under North America wherein Europe covers UK, Germany, and others. Asia-Pacific covers China, Japan, and others. RoW covers South America, Middle East, and Africa.
Key players include KSB Co., Akzo Nobel N.V., Buckman Laboratories International Inc., Solvay SA, BASF, Ashland Hercules, KITZ Corp., Kirloskar Ebara, GE Water and Process Technologies, and The Dow Chemical Company, among others.
The key takeaways from the report:
The report will provide a detailed analysis of Global Water Treatment Technology Market with respect to major segments such as chemicals, pumping system, and membrane system
The report will include the qualitative and quantitative analysis with market estimation over 2015-2024 and compound annual growth rate (CAGR) between 2016 and 2024
Comprehensive analysis of market dynamics including factors and opportunities will be provided in the report
An exhaustive regional analysis of Global Water Treatment Technology Market from 2015 to 2024 has been included in the report
Profile of the key players in the Global Water Treatment Technology Market will be provided, which include key financials, product & services, new developments and business strategies
Get a Sample PDF of report-https://www.kennethresearch.com/sample-request-10325468
Scope of the Global Water Treatment Technology Market:
Chemical Segment
Coagulants and Flocculants
Corrosion and Scale Inhibitors
Activated Carbon
Anti-Foamants And Defoamers
Biocides
Other Chemicals
Pumping System Segment
Pumps
Valves & Controls
Automation Systems
Membrane System Segment
Electrodialysis
Reverse Osmosis
Microfiltration
Ultrafiltration
Gas Separation & Others
Geography Segment
North America
U.S.
Mexico
Other
Europe
U.K.
Germany
France
Italy
Other
Asia-Pacific
China
Japan
India
Other
RoW
South America
Middle East
Africa
About Kenneth Research:
Kenneth Research provides market research reports to different individuals, industries, associations and organizations with an aim of helping them to take prominent decisions. Our research library comprises of more than 10,000 research reports provided by more than 15 market research publishers across different industries. Our collection of market research solutions covers both macro level as well as micro level categories with relevant and suitable market research titles. As a global market research reselling firm, Kenneth Research provides significant analysis on various markets with pure business intelligence and consulting services on different industries across the globe. In addition to that, our internal research team always keep a track on the international and domestic market for any economic changes impacting the products’ demand, growth and opportunities for new and existing players.
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