Water And Wastewater Treatment Equipment Market: Industry Trends, Growth Factors, and Future Projections
Water And Wastewater Treatment Equipment Market: Industry ... Digital Journal
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PRESS RELEASE
Published September 7, 2023
In 2022, the global water and wastewater treatment equipment market achieved an approximate value of USD 63.45 billion, and it is anticipated to exhibit a compound annual growth rate (CAGR) of 4.5% from 2023 to 2030. Several factors propel this market, including population expansion, urbanization, industrial development, and stringent environmental regulations. The increasing awareness of environmental pollution, the imposition of strict waste and wastewater management regulations, and a growing demand for sustainable and efficient treatment solutions are expected to be the driving forces behind market expansion. Cutting-edge technologies like membrane filtration, activated sludge treatment, and biological treatment offer advantages such as enhanced water quality, reduced environmental impact, and improved public health.
Companies operating in this market are establishing partnerships with end-users to promote novel technologies, and increased investment in research and development aims to enhance technology efficiency and stimulate market growth. Small and medium-sized enterprises are also adopting new treatment technologies, thereby creating opportunities for growth. For instance, in December 2022, LTIMindtree Limited entered into a partnership with Yorkshire Water to revolutionize Yorkshire Water’s business operations in areas such as asset management, wastewater, and water segments.
Leading Players:
- Xylem, Inc.
- Pentair plc
- Evoqua Water Technologies LLC
- Aquatech International LLC
- Ecolab Inc.
- DuPont
- Calgon Carbon Corporation
- Toshiba Water Solutions Private Limited (TOSHIBA CORPORATION)
- Veolia Group
- Ecologix Environmental Systems, LLC
- Evonik Industries AG
- Parkson Corporation
- Lenntech B.V.
- Samco Technologies, Inc.
- Koch Membrane Systems, Inc.
- General Electric
- Ovivo
Market Trends:
Water And Wastewater Treatment Equipment Market also observes a few trends that assist organizations in developing more successful plans. The report includes the most recent information on emerging trends. This information is useful for firms planning to develop substantially improved products, as well as for customers getting a notion of the next products on the market.
Market Drivers and Barriers:
This report explores the high-impact factors and drivers to help readers understand the overall progress. Furthermore, the study discusses the constraints and obstacles that market participants may encounter. This information aids readers in making informed business decisions, and it highlights potential commercial prospects.
Research Methodology:
The Water And Wastewater Treatment Equipment Market report is firmly rooted on comprehensive methods supplied by skilled data analysts. The research approach entails analysts gathering information only to have it thoroughly reviewed and filtered in an attempt to give meaningful forecasts regarding the market over the review period. Interviews with major market influencers are also conducted as part of the research process, making the primary research relevant and practical. The secondary method provides a direct look at the demand and supply connection in the Water And Wastewater Treatment Equipment Market.
Water And Wastewater Treatment Equipment Market Segmentation
Application Outlook (Revenue, USD Billion, 2023 – 2030)
- Municipal
- Industrial
Equipment Outlook (Revenue, USD Billion, 2023 – 2030)
- Primary Treatment
- Primary Clarifier
- Sludge Removal
- Grit Removal
- Pre-Treatment
- Others
- Secondary Treatment
- Activated Sludge
- Sludge Treatment
- Others
- Tertiary Treatment
- Tertiary Clarifier
- Filters
- Chlorination Systems
- Others
Regional Outlook (Revenue, USD Billion, 2023 – 2030)
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Italy
- Norway
- Finland
- Asia Pacific
- China
- India
- Japan
- Australia
- Central & South America
- Brazil
- Argentina
- Venezuela
- Middle East & Africa
- Saudi Arabia
- UAE
- Egypt
The report’s Water And Wastewater Treatment Equipment Market techniques give exact data analysis and a tour of the whole market. Data was gathered using both primary and secondary methods. In addition to this, data analysts have used publically available sources such as SEC filings, annual reports, and white papers to gain an in-depth overview of the market. The research technique clearly demonstrates an intention to obtain a thorough view of the market by analyzing it against numerous aspects. The valuable inputs improve the Water And Wastewater Treatment Equipment Market report and provide it with a competitive advantage.
Regional Analysis:
- SDG 6: Clean Water and Sanitation
- SDG 9: Industry, Innovation, and Infrastructure
- SDG 11: Sustainable Cities and Communities
- SDG 12: Responsible Consumption and Production
- SDG 13: Climate Action
- Target 6.1: By 2030, achieve universal and equitable access to safe and affordable drinking water for all.
- Target 6.3: By 2030, improve water quality by reducing pollution, eliminating dumping, and minimizing release of hazardous chemicals and materials.
- Target 9.4: By 2030, upgrade infrastructure and retrofit industries to make them sustainable, with increased resource-use efficiency and greater adoption of clean and environmentally sound technologies and industrial processes.
- Target 11.6: By 2030, reduce the adverse per capita environmental impact of cities, including by paying special attention to air quality and municipal and other waste management.
- Target 12.4: By 2020, achieve the environmentally sound management of chemicals and all wastes throughout their life cycle, in accordance with agreed international frameworks, and significantly reduce their release to air, water, and soil to minimize their adverse impacts on human health and the environment.
- Target 13.3: Improve education, awareness-raising, and human and institutional capacity on climate change mitigation, adaptation, impact reduction, and early warning.
- Indicator: Access to safe and affordable drinking water
- Indicator: Water quality improvement
- Indicator: Adoption of clean and environmentally sound technologies
- Indicator: Reduction in per capita environmental impact of cities
- Indicator: Environmentally sound management of chemicals and wastes
- Indicator: Education and awareness on climate change
SDGs, Targets, and Indicators Analysis
1. Which SDGs are addressed or connected to the issues highlighted in the article?
The article discusses the global water and wastewater treatment equipment market, which is directly related to SDG 6 as it aims to ensure clean water and sanitation for all. Additionally, the market’s growth is driven by factors such as population expansion, urbanization, and industrial development, which are connected to SDG 9 (Industry, Innovation, and Infrastructure) and SDG 11 (Sustainable Cities and Communities). The emphasis on sustainable and efficient treatment solutions aligns with SDG 12 (Responsible Consumption and Production), while the mention of reducing environmental impact relates to SDG 13 (Climate Action).
2. What specific targets under those SDGs can be identified based on the article’s content?
Based on the article’s content, the identified targets are directly related to the SDGs mentioned above. These targets focus on achieving universal access to safe drinking water (Target 6.1), improving water quality and reducing pollution (Target 6.3), upgrading infrastructure and adopting sustainable technologies (Target 9.4), reducing environmental impact in cities (Target 11.6), managing chemicals and wastes responsibly (Target 12.4), and raising awareness on climate change (Target 13.3).
3. Are there any indicators mentioned or implied in the article that can be used to measure progress towards the identified targets?
The article does not explicitly mention specific indicators. However, the identified targets can be measured using indicators such as access to safe and affordable drinking water, improvement in water quality, adoption of clean technologies, reduction in per capita environmental impact of cities, environmentally sound management of chemicals and wastes, and education and awareness on climate change. These indicators can be used to track progress towards the identified targets.
SDGs, Targets, and Indicators Table
| SDGs | Targets | Indicators |
|---|---|---|
| SDG 6: Clean Water and Sanitation | Target 6.1: By 2030, achieve universal and equitable access to safe and affordable drinking water for all. | Indicator: Access to safe and affordable drinking water |
| SDG 9: Industry, Innovation, and Infrastructure | Target 9.4: By 2030, upgrade infrastructure and retrofit industries to make them sustainable, with increased resource-use efficiency and greater adoption of clean and environmentally sound technologies and industrial processes. | Indicator: Adoption of clean and environmentally sound technologies |
| Target 11.6: By 2030, reduce the adverse per capita environmental impact of cities, including by paying special attention to air quality and municipal and other waste management. | Indicator: Reduction in per capita environmental impact of cities | |
| SDG 12: Responsible Consumption and Production | Target 12.4: By 2020, achieve the environmentally sound management of chemicals and all wastes throughout their life cycle, in accordance with agreed international frameworks, and significantly reduce their release to air, water, and soil to minimize their adverse impacts on human health and the environment. | Indicator: Environmentally sound management of chemicals and wastes |
| SDG 13: Climate Action | Target 13.3: Improve education, awareness-raising, and human and institutional capacity on climate change mitigation, adaptation, impact reduction, and early warning. | Indicator: Education and awareness on climate change |
Behold! This splendid article springs forth from the wellspring of knowledge, shaped by a wondrous proprietary AI technology that delved into a vast ocean of data, illuminating the path towards the Sustainable Development Goals. Remember that all rights are reserved by SDG Investors LLC, empowering us to champion progress together.
Source: digitaljournal.com
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