Global Industrial Water Purifier Market 2017-2021
Overview of the global industrial water purifier market
The global industrial water purifier market is anticipated to grow at a steady rate and will post a CAGR of close to 6% during the forecast period. The rising industrial development and urbanization will drive the growth prospects for the global industrial water purifier market until the end of 2021. As a result, an agrarian-based society transforms into an industrial society. Since various industries such as oil and gas, power generation, refineries, mining, construction, food and beverage, steel manufacturing, electronics, and pharmaceuticals contaminate water resources, the demand for water reuse in these industries has been increased. Also, the rising number of urban population is directly influencing the industrial activities through the addition and expansion of new and existing industries. The increasing number of industries and industrial activities will also drive the demand for water purifiers. Moreover, the governments of various countries are increasingly taking initiatives to reuse wastewater and promote water conservation, which further drives the installation of water treatment and purification systems in the industrial sector.
The growing advancements in the membrane technology will drive the growth prospects for the global industrial water purifier market in the forthcoming years. Some of the membrane technologies that play a vital role in water and energy sustainability are wastewater treatment by membrane reactors (MBR), desalination by RO, lithium-ion batteries, and membrane-based fuel cells. Some major factors responsible for the growing demand of these technologies includes ease of use, land usage, adaptability, and flexibility. Furthermore, continual technological advancements in membrane technology will improve desalination, wastewater reclamation, and reuse, and promote the inclusion of different membrane materials.
Competitive landscape and key vendors
The global industrial water purifier market is highly fragmented and competitive due to the presence of many prominent vendors that offer a series of systems used in any sector. These vendors increasingly focus on a large portfolio of water purification and wastewater treatment equipment based on customer's preference, which restrains medium and small vendors. Some of the challenges encountered by big and small vendors are rapid advancements in technology and frequent changes in government standards.
Key vendors in this market are -
- GE Water & Process Technologies
Other prominent vendors in the market include Aquatech, Calgon Carbon, ChemTreat, Danaher, Evoqua Water Technologies, ENGIE, NALCO Water, Outotec, RWL Water, and WTE Infra Projects.
Segmentation by end-user and analysis of the industrial water purifier market
The power industry accounted for the maximum market share during 2016 and will continue to dominate the market for the next few years. Since power industry is the largest industrial end-user of water, the segment holds the maximum share in the market. One of the major factors responsible for the market segment’s growth is the global demand for electricity.
Segmentation by geography and analysis of the industrial water purifier market
In 2016, the Americas accounted for the maximum market’s share due to the better economic performance of the countries in the region. Some of the major factors responsible for the market’s growth in the region is the growing influence of chemicals, food and beverage, textile, paper, and metals.
Key questions answered in the report include
- What will the market size and the growth rate be in 2021?
- What are the key factors driving the global industrial water purifier market?
- What are the key market trends impacting the growth of the global industrial water purifier market?
- What are the challenges to market growth?
- Who are the key vendors in the global industrial water purifier market?
- What are the market opportunities and threats faced by the vendors in the global industrial water purifier market?
- What are the trending factors influencing the market shares of the Americas, APAC, and EMEA?
- What are the key outcomes of the five forces analysis of the global industrial water purifier market?
Technavio also offers customization on reports based on specific client requirement.
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The global market space for industrial water purifiers is characterized by the presence of vendors offering a wide range of purifiers based on advanced technologies including RO, UV, UF & RO+UV technology and storage units and RO Plants; as a result of which, there is intense competition in the market. To help clients gain a competitive edge, the global market research firm Technavio provides a comprehensive collection of industry research reports on the various aspects of the water and waste management sector. The market research reports from Technavio also provide detailed information on several vendors of the energy industry including Elster, Itron, Sensus, Landis+Gyr, BP, Chevron, ExxonMobil, Shell, TOTAL, and GE Power.
To identify the industry’s growth prospects, industry experts at Technavio follow a mix of primary and secondary research techniques and consider factors like the market’s size and the demand for products across various geographical regions. With complete information on various parameters such as the changing preferences of customers and the products offered by competitor and the usage of appropriate analytical tools, our upcoming market research report on industrial water purifier for the forecast period of 2017 to 2021 will help clients understand the constantly changing landscape for the water and waste management sector.
This upcoming report on industrial water purifiers also considers the growth of the similar markets such as portable water purification systems and commercial water treatment equipment, which are expected to grow at a CAGR of around 10% and about 6% during the period of 2016 to 2020. With almost 80% of the diseases observed to be water-borne, there is a demand for industrial water purifiers from various enterprises such as medical and educational institutions, manufacturing plants, and corporate offices. The upcoming industry research report for industrial water purifiers also identifies the crucial market drivers, emerging trends, as well as the challenges currently experienced by the water and waste management sector. It also presents insights into the changing competitive landscape to give you a realistic picture of the future direction of the energy industry.