Industrial Water Treatment Equipment Market to Rise at 7.34% CAGR to 2021

Global Industrial Water Treatment Equipment Market 2017-2021 report covers the present scenario and the growth prospects of the global market. To calculate the market size, the report considers the revenue generated from the sales of industrial water treatment equipment.

April 24, 2017 /MarketersMedia/ —

The 2017 global industrial water treatment equipment market includes industry research report on ReportsnReports.com. Plenty of water is available on the surface of the earth, and it has been estimated to be sufficient for future generations. However, most of the water on the earth’s surface is unsafe to drink or use for basic activities, such as cooking and agriculture, as it contains various contaminants such as factory wastes, pollutants, and oil. The scarcity of safe, usable water creates a demand for water recycling as well as treatment processes such as desalination.

Complete report on managed industrial water treatment equipment market spread across 70 pages, analyzing 4 major companies and provides 35 data exhibits is now available at http://www.reportsnreports.com/reports/966136-global-industrial-water-treatment-equipment-market-2017-2021.html .

The global industrial water treatment equipment market is intensely competitive and consists of numerous well-established players. The market is fragmented, and the local players dominate the market in many emerging and underdeveloped countries. Moreover, the competition in the market is expected to grow further with a rise in product or service extension, advancements in technology, and M&A activities. Furthermore, the regional vendors are finding it hard to compete based on reliability, technology, and price due to global players increasing their presence.

The analysts forecast global industrial water treatment equipment market to grow at a CAGR of 7.34% during the period 2017-2021. According to the report, water treatment is gaining importance due to the shrinking of water resources globally. Less than 10 countries that include Brazil, Russia, China, Canada, Indonesia, the US, Colombia, India, and the Democratic Republic of Congo possess more than three-fifths of the world’s fresh water supply. Two-fifths of the global population faces water shortage. The regions such as the Middle East, North Africa, and Southeast Asia are expected to face severe water shortage in the next decade, resulting from poor water management and improper recycling of water. Population growth, increasing per capita consumption of water, and urbanization are resulting in water scarcity. This is expected to increase the demand for water in the coming decade.

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The following companies as the key players in the global industrial water treatment equipment market: Lenntech, NALCO, Pall, and Veolia. Other Prominent Vendors in the market are: Aquatech International, Calgon Carbon, Danaher, Evoqua Water Technologies, ENGIE (previously GDF SUEZ), Outotec, RWL Water, and WTE Infra Projects.

Industrial water treatment technologies and filtering procedures are necessary to remove contaminants from these freshwater sources before use. Industrial wastewater is the result of substances that having been dissolved or suspended in water. The objective of the industrial wastewater treatment equipment is to remove those dissolved or suspended substances. The industrial water treatment equipment must be designed specifically for the effluent produced. Various contaminants like waste matter, bacteria, algae, and germs, as well as waste generated by various industries, lead to an increase in the water contamination. The rise in industrialization also contributes to the growth of the market, owing to the increased demand for recycling the water to mitigate the contamination by these industries.

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