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The industrial water treatment equipment market size is forecast to increase by USD 10.51 billion, at a CAGR of 5.06% between 2023 and 2028.
Explore in-depth regional segment analysis with market size data - historical 2018-2022 and forecasts 2024-2028 - in the full report.
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The market is characterized by continuous evolution and dynamism, driven by the diverse needs of various sectors and stringent regulatory requirements. Cooling water treatment remains a significant application, with ongoing advancements in energy efficiency and corrosion control. Simultaneously, membrane technology, including reverse osmosis and nanofiltration, gains prominence in water reuse and industrial wastewater treatment. Membrane fouling mitigation and filtration media optimization are crucial areas of focus, ensuring optimal process performance and environmental compliance. Membrane technology's integration with cleaning and maintenance services enhances system longevity and efficiency. Process water treatment applications, such as boiler water treatment, water demineralization, and pH control, require constant attention to maintain water quality and energy efficiency.
Ozone disinfection and UV disinfection are increasingly adopted for advanced disinfection and microbiological control. Environmental compliance, water conservation, and water quality monitoring are essential aspects of the industrial water treatment landscape. Spare parts and remote monitoring services ensure uninterrupted operations and minimize downtime. Ion exchange resins, scale prevention, and dissolved oxygen measurement are integral components of comprehensive water treatment strategies. Biofouling control, conductivity measurement, and turbidity measurement are essential for maintaining system performance and ensuring water reuse feasibility. The market's ongoing development reflects the interconnected nature of water treatment technologies and their role in industrial processes and sustainability.
The industrial water treatment equipment industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in "USD billion" for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.
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The energy and power segment is estimated to witness significant growth during the forecast period.
In the energy sector, water treatment plays a crucial role in power generation, oil and gas production, and refining and petrochemical processes. The International Energy Agency anticipates that water consumption in energy production will double over the next quarter-century. This water is utilized for power generation, cooling, condensing, and oil extraction. According to our analysis, the market will experience moderate growth during the forecast period. Water treatment technologies are integral to the energy industry, as water functions as the working fluid in thermal power plants. These technologies include intake screening, pre-treatment solutions, boiler feedwater treatment, condensate polishing, cooling tower makeup, flue gas desulfurization wastewater treatment, and energy-efficient reverse osmosis systems.
Moreover, water conservation is a significant concern in the energy sector due to increasing discharge standards and environmental compliance regulations. Scale prevention, water demineralization, and corrosion control are essential water treatment processes to maintain equipment efficiency and prolong asset life. Chemical dosing, pH control, dissolved oxygen measurement, and remote monitoring systems enable process optimization and reduce operational costs. Ozone disinfection and UV disinfection are essential for water reuse and water quality monitoring. Membrane technology, filtration media, and membrane fouling mitigation are crucial for process water treatment. Spare parts, cleaning, and maintenance services ensure the continuous operation of water treatment systems.
Energy efficiency and cooling water treatment are essential for reducing water usage and minimizing environmental impact. Biofouling control and water reuse are emerging trends in the industry, as they help conserve water resources and reduce operational costs. Installation services are vital for ensuring the successful implementation of water treatment systems in energy applications.
The Energy and power segment was valued at USD 14.09 billion in 2018 and showed a gradual increase during the forecast period.
APAC is estimated to contribute 50% to the growth of the global market during the forecast period.Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.
The industrial water treatment market in the Asia-Pacific (APAC) region is experiencing significant growth, with China and India leading the charge. APAC is projected to have a faster growth rate than other regions due to the accelerating infrastructure development in countries such as Australia, South Korea, Taiwan, Singapore, and Japan. This development will increase both the number of industries and their power consumption, positively impacting the market. China is the largest market for industrial water treatment equipment in the region, driven by rapid industrialization, urbanization, and construction. The increasing generation of heavy metal waste necessitates effective water treatment solutions.
In addition, stringent wastewater discharge standards require industries to implement advanced water treatment technologies, such as scale prevention, water demineralization, and water conservation. Chemical dosing, boiler water treatment, municipal wastewater treatment, potable water treatment, process optimization, ozone disinfection, and environmental compliance are essential components of the industrial water treatment market. Spare parts, turbidity measurement, industrial wastewater treatment, ion exchange resins, corrosion control, pH control, dissolved oxygen measurement, remote monitoring, reverse osmosis, water quality monitoring, conductivity measurement, biofouling control, water reuse, energy efficiency, UV disinfection, water softening, cooling water treatment, cleaning and maintenance, membrane technology, filtration media, process water treatment, membrane fouling, and installation services are integral to the market's offerings.
Energy efficiency and water reuse are crucial trends in the market, as industries strive to minimize their environmental footprint and reduce costs. Technologies such as membrane technology and filtration media are gaining popularity due to their ability to provide high-quality water while minimizing energy consumption. In conclusion, the industrial water treatment market in APAC is poised for robust growth, driven by infrastructure development, increasing industrialization, and stringent regulations. The market offers a range of solutions to address various water treatment needs, with a focus on energy efficiency and water reuse.
Our researchers analyzed the data with 2023 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.
The industrial water treatment equipment market forecasting report includes the adoption lifecycle of the market, covering from the innovator's stage to the laggard's stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the industrial water treatment equipment market report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their market growth analysis strategies.
Customer Landscape
Companies are implementing various strategies, such as strategic alliances, industrial water treatment equipment market forecast, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the industry.
3M Co. - The company provides advanced water treatment solutions through the 3M Liqui Flux W Series Ultrafiltration system, specifically designed for multifiber polyethylene terephthalate (p.E.T.) technology and engineered for controlled hydrodynamics. This cutting-edge equipment delivers enhanced water purification capabilities, ensuring superior filtration efficiency and consistent performance. The system's innovative design caters to various industries, contributing to sustainable water management and resource conservation.
The industry research and growth report includes detailed analyses of the competitive landscape of the market and information about key companies, including:
Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key industry players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.
Dive into Technavio's robust research methodology, blending expert interviews, extensive data synthesis, and validated models for unparalleled Industrial Water Treatment Equipment Market insights. See full methodology.
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Market Scope |
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Report Coverage |
Details |
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Page number |
161 |
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Base year |
2023 |
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Historic period |
2018-2022 |
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Forecast period |
2024-2028 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 5.06% |
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Market growth 2024-2028 |
USD 10.51 billion |
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Market structure |
Fragmented |
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YoY growth 2023-2024(%) |
4.41 |
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Key countries |
China, US, Germany, Japan, UK, and India |
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Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
We can help! Our analysts can customize this industrial water treatment equipment market research report to meet your requirements.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by End-user
7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Opportunity/Restraints
10 Competitive Landscape
11 Competitive Analysis
12 Appendix
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
Secondary sources
DATA ANALYSIS
Data Synthesis
Data Validation
REPORT WRITING
Qualitative
Quantitative
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