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Municipal Water and Wastewater Treatment Equipment Market by Application and Geography - Forecast and Analysis 2022-2026

  • Published: Mar 2022
  • Pages: 144
  • SKU: IRTNTR72983
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The municipal water and wastewater treatment equipment market share is expected to increase by USD 16.02 billion from 2021 to 2026, and the market’s growth momentum will accelerate at a CAGR of 4.84%.

This municipal water and wastewater treatment equipment market research report provide valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers municipal water and wastewater treatment equipment market segmentation by application (wastewater treatment and eater treatment) and geography (APAC, North America, Europe, Middle East and Africa, and South America). The municipal water and wastewater treatment equipment market report also offers information on several market vendors, including 3M Corp., Aquatech International LLC, Chembond Chemicals Ltd., Culligan International Co., Danaher Corp., Ecolab Inc., Evoqua Water Technologies LLC, General Electric Co., Kuraray Co. Ltd., Kurita Water Industries Ltd., Mott MacDonald, Pentair Plc, SUEZ WTS USA Inc., The Dow Chemical Co., Thermax Ltd., Thermo Fisher Scientific Inc., Toray Industries Inc., Veolia Environnement Group, WABAG Group, and Xylem Inc. among others.

What will the Municipal Water and Wastewater Treatment Equipment Market Size be During the Forecast Period?

Download the Free Report Sample to Unlock the Municipal Water and Wastewater Treatment Equipment Market Size for the Forecast Period and Other Important Statistics

 

Municipal Water and Wastewater Treatment Equipment Market: Key Drivers, Trends, and Challenges

The growing demand for reclaimed water is notably driving the municipal water and wastewater treatment equipment market growth, although factors such as infrastructure requirement for water treatment may impede market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the municipal water and wastewater treatment equipment industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Municipal Water and Wastewater Treatment Equipment Market Driver

One of the key factors driving the global municipal water and wastewater treatment equipment market growth is the growing demand for reclaimed water. The rise in population at a considerable rate has led to the growth in pressure on natural water resources. In addition, the growing demand for organic foods and naturally grown grains is leading to the requirement of a large volume of water for irrigation. Furthermore, about 30% of Europe's population is affected by water stress during an average year. A European Environment Agency (EEA) assessment, published in October 2021, presents the current state of water stress in Europe with the aim to focus on managing water availability risks under the impacts of climate change. Thus, municipalities are focusing on investing in water treatment technologies for treating wastewater and effluents to meet the demand, which accelerates the growth of the market.

Key Municipal Water and Wastewater Treatment Equipment Market Trend

Introduction of advanced membrane technologies is one of the key municipal water and wastewater treatment equipment market trends that is expected to impact the industry positively in the forecast period. Membrane water treatment technology has become popular and affordable over the last three decades. These technologies are used for ultra-purification of the water. Based on the pore sizes, the technology is classified into ultrafiltration membrane (UF), microfiltration membrane (MF), reverse osmosis membrane (RO), and nanofiltration membrane (NF). The fabricated nanoporous membranes are used for removing various water pollutants, including metallic ions, salt, nanoparticles, biological substrates, and organic chemicals. For instance, DuPont announced that its FilmTec membranes had been selected by IDE Water Technologies to provide seawater reverse osmosis (SWRO) filtration for the Sorek B desalination plant in Israel. Hence, these types of developments will support the growth of the market during the forecast years.

Key Municipal Water and Wastewater Treatment Equipment Market Challenge

One of the key challenges to the global municipal water and wastewater treatment equipment market growth is the infrastructure requirement for water treatment. In municipal wastewater treatment, the major proportion of energy is used in biological treatment, generally in the range of half of the plant's usage. Unproductive wastewater treatment operations result in unnecessary energy consumption, harmful greenhouse gas emissions, and high operating costs related to electricity generation. Water treatment requires huge capital investments, as it includes civil construction, equipment installations, backup options, and contractor-associated cost. However, the supply of clean water and maintenance of sanitation and hygiene is one of the crucial parts of municipal operations. Therefore, the lack of infrastructure will impact the operations of municipal water treatment plants adversely and also affects public health. Such factors will limit the market growth in the coming years.

This municipal water and wastewater treatment equipment market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.

Parent Market Analysis

Technavio categorizes the global municipal water and wastewater treatment equipment market as a part of the global utility market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the municipal water and wastewater treatment equipment market during the forecast period.

Who are the Major Municipal Water and Wastewater Treatment Equipment Market Vendors?

The report analyzes the market’s competitive landscape and offers information on several market vendors, including:

 

  • 3M Corp.
  • Aquatech International LLC
  • Chembond Chemicals Ltd.
  • Culligan International Co.
  • Danaher Corp.
  • Ecolab Inc.
  • Evoqua Water Technologies LLC
  • General Electric Co.
  • Kuraray Co. Ltd.
  • Kurita Water Industries Ltd.
  • Mott MacDonald
  • Pentair Plc
  • SUEZ WTS USA Inc.
  • The Dow Chemical Co.
  • Thermax Ltd.
  • Thermo Fisher Scientific Inc.
  • Toray Industries Inc.
  • Veolia Environnement Group
  • WABAG Group
  • Xylem Inc.

 

This statistical study of the municipal water and wastewater treatment equipment market encompasses successful business strategies deployed by the key vendors. The municipal water and wastewater treatment equipment market is fragmented and the vendors are deploying organic and inorganic growth strategies to compete in the market.

Product Insights and News

  • 3M Corp. - The company is involved in offering membrane modules for ultrafiltration which can be installed to remove turbidity, suspended solids, and pathogens in order to improve the effluent quality of wastewater, thus can be reused in various applications.
  • 3M Corp. - The safety and industrial segment focuses on industrial abrasives and finishing for metalworking applications, autobody repair solutions, closure systems for personal hygiene products, masking, and packaging materials.

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The municipal water and wastewater treatment equipment market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.

Municipal Water and Wastewater Treatment Equipment Market Value Chain Analysis

Our report provides extensive information on the value chain analysis for the municipal water and wastewater treatment equipment market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.

Which are the Key Regions for Municipal Water And Wastewater Treatment Equipment Market?

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49% of the market’s growth will originate from APAC during the forecast period. China, Japan, and India are the key markets for municipal water and wastewater treatment equipment market in APAC. Market growth in this region will be faster than the growth of the market in other regions.

The significant increase in the demand for water for drinking as well as water for domestic purposes, owing to urbanization and rapid population growth, will facilitate the municipal water and wastewater treatment equipment market growth in APAC over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

COVID Impact and Recovery Analysis

The outbreak of COVID-19 adversely affected many countries in the region, such as China, India, South Korea, and Japan. The outbreak is expected to affect the overall economy of the region, supply chains, and construction activities in the industrial and commercial sectors. However, the pandemic also increased the need for wastewater treatment to prevent the transmission of the SARS-CoV-2 virus through the water. Also, the regional market is expected to experience positive growth during the forecast period due to rising investments in wastewater treatment by the government and private sector in developing countries. 

What are the Revenue-generating Application Segments in the Municipal Water and Wastewater Treatment Equipment Market?

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The municipal water and wastewater treatment equipment market share growth by the wastewater treatment segment will be significant during the forecast period. As the wastewater contains various dissolved toxin oxides and hazardous elements, it needs to be treated for use in residential and industrial purposes. Hence, these requirements will accelerate market growth during the forecast years.

This report provides an accurate prediction of the contribution of all the segments to the growth of the municipal water and wastewater treatment equipment market size and actionable market insights on post COVID-19 impact on each segment.

 

Municipal Water and Wastewater Treatment Equipment Market Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 4.84%

Market growth 2022-2026

$ 16.02 billion

Market structure

Fragmented

YoY growth (%)

4.25

Regional analysis

APAC, North America, Europe, Middle East and Africa, and South America

Performing market contribution

APAC at 49%

Key consumer countries

US, China, Japan, France, and Brazil

Competitive landscape

Leading companies, Competitive strategies, Consumer engagement scope

Key companies profiled

3M Corp., Aquatech International LLC, Chembond Chemicals Ltd., Culligan International Co., Danaher Corp., Ecolab Inc., Evoqua Water Technologies LLC, General Electric Co., Kuraray Co. Ltd., Kurita Water Industries Ltd., Mott MacDonald, Pentair Plc, SUEZ WTS USA Inc., The Dow Chemical Co., Thermax Ltd., Thermo Fisher Scientific Inc., Toray Industries Inc., Veolia Environnement Group, WABAG Group, and Xylem Inc.

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period

Customization purview

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What are the Key Data Covered in this Municipal Water and Wastewater Treatment Equipment Market Report?

  • CAGR of the market during the forecast period 2022-2026
  • Detailed information on factors that will drive municipal water and wastewater treatment equipment market growth during the next five years
  • Precise estimation of the municipal water and wastewater treatment equipment market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the municipal water and wastewater treatment equipment industry across APAC, North America, Europe, Middle East and Africa, and South America
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of municipal water and wastewater treatment equipment market vendors

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1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Application
    • Exhibit 06: Executive Summary – Chart on Incremental Growth
    • Exhibit 07: Executive Summary – Data Table on Incremental Growth
    • Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 09: Parent market
    • Exhibit 10: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 11: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 12: Market segments
  • 3.3 Market size 2021
    • 3.4 Market outlook: Forecast for 2021-2026
      • Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
      • Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
      • Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
      • Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

    4 Five Forces Analysis

    • 4.1 Five forces summary
      • Exhibit 17: Five forces analysis - Comparison between2021 and 2026
    • 4.2 Bargaining power of buyers
      • Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026
    • 4.3 Bargaining power of suppliers
      • Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
    • 4.4 Threat of new entrants
      • Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026
    • 4.5 Threat of substitutes
      • Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026
    • 4.6 Threat of rivalry
      • Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026
    • 4.7 Market condition
      • Exhibit 23: Chart on Market condition - Five forces 2021 and 2026

    5 Market Segmentation by Application

    • 5.1 Market segments
      • Exhibit 24: Chart on Application - Market share 2021-2026 (%)
      • Exhibit 25: Data Table on Application - Market share 2021-2026 (%)
    • 5.2 Comparison by Application
      • Exhibit 26: Chart on Comparison by Application
      • Exhibit 27: Data Table on Comparison by Application
    • 5.3 Wastewater treatment - Market size and forecast 2021-2026
      • Exhibit 28: Chart on Wastewater treatment - Market size and forecast 2021-2026 ($ million)
      • Exhibit 29: Data Table on Wastewater treatment - Market size and forecast 2021-2026 ($ million)
      • Exhibit 30: Chart on Wastewater treatment - Year-over-year growth 2021-2026 (%)
      • Exhibit 31: Data Table on Wastewater treatment - Year-over-year growth 2021-2026 (%)
    • 5.4 Water treatment - Market size and forecast 2021-2026
      • Exhibit 32: Chart on Water treatment - Market size and forecast 2021-2026 ($ million)
      • Exhibit 33: Data Table on Water treatment - Market size and forecast 2021-2026 ($ million)
      • Exhibit 34: Chart on Water treatment - Year-over-year growth 2021-2026 (%)
      • Exhibit 35: Data Table on Water treatment - Year-over-year growth 2021-2026 (%)
    • 5.5 Market opportunity by Application
      • Exhibit 36: Market opportunity by Application ($ million)

    6 Customer Landscape

    • 6.1 Customer landscape overview
      • Exhibit 37: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    7 Geographic Landscape

    • 7.1 Geographic segmentation
      • Exhibit 38: Chart on Market share by geography 2021-2026 (%)
      • Exhibit 39: Data Table on Market share by geography 2021-2026 (%)
    • 7.2 Geographic comparison
      • Exhibit 40: Chart on Geographic comparison
      • Exhibit 41: Data Table on Geographic comparison
    • 7.3 APAC - Market size and forecast 2021-2026
      • Exhibit 42: Chart on APAC - Market size and forecast 2021-2026 ($ million)
      • Exhibit 43: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
      • Exhibit 44: Chart on APAC - Year-over-year growth 2021-2026 (%)
      • Exhibit 45: Data Table on APAC - Year-over-year growth 2021-2026 (%)
    • 7.4 North America - Market size and forecast 2021-2026
      • Exhibit 46: Chart on North America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 47: Data Table on North America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 48: Chart on North America - Year-over-year growth 2021-2026 (%)
      • Exhibit 49: Data Table on North America - Year-over-year growth 2021-2026 (%)
    • 7.5 Europe - Market size and forecast 2021-2026
      • Exhibit 50: Chart on Europe - Market size and forecast 2021-2026 ($ million)
      • Exhibit 51: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
      • Exhibit 52: Chart on Europe - Year-over-year growth 2021-2026 (%)
      • Exhibit 53: Data Table on Europe - Year-over-year growth 2021-2026 (%)
    • 7.6 Middle East and Africa - Market size and forecast 2021-2026
      • Exhibit 54: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
      • Exhibit 55: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
      • Exhibit 56: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
      • Exhibit 57: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)
    • 7.7 South America - Market size and forecast 2021-2026
      • Exhibit 58: Chart on South America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 59: Data Table on South America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 60: Chart on South America - Year-over-year growth 2021-2026 (%)
      • Exhibit 61: Data Table on South America - Year-over-year growth 2021-2026 (%)
    • 7.8 China - Market size and forecast 2021-2026
      • Exhibit 62: Chart on China - Market size and forecast 2021-2026 ($ million)
      • Exhibit 63: Data Table on China - Market size and forecast 2021-2026 ($ million)
      • Exhibit 64: Chart on China - Year-over-year growth 2021-2026 (%)
      • Exhibit 65: Data Table on China - Year-over-year growth 2021-2026 (%)
    • 7.9 US - Market size and forecast 2021-2026
      • Exhibit 66: Chart on US - Market size and forecast 2021-2026 ($ million)
      • Exhibit 67: Data Table on US - Market size and forecast 2021-2026 ($ million)
      • Exhibit 68: Chart on US - Year-over-year growth 2021-2026 (%)
      • Exhibit 69: Data Table on US - Year-over-year growth 2021-2026 (%)
    • 7.10 Japan - Market size and forecast 2021-2026
      • Exhibit 70: Chart on Japan - Market size and forecast 2021-2026 ($ million)
      • Exhibit 71: Data Table on Japan - Market size and forecast 2021-2026 ($ million)
      • Exhibit 72: Chart on Japan - Year-over-year growth 2021-2026 (%)
      • Exhibit 73: Data Table on Japan - Year-over-year growth 2021-2026 (%)
    • 7.11 France - Market size and forecast 2021-2026
      • Exhibit 74: Chart on France - Market size and forecast 2021-2026 ($ million)
      • Exhibit 75: Data Table on France - Market size and forecast 2021-2026 ($ million)
      • Exhibit 76: Chart on France - Year-over-year growth 2021-2026 (%)
      • Exhibit 77: Data Table on France - Year-over-year growth 2021-2026 (%)
    • 7.12 Brazil - Market size and forecast 2021-2026
      • Exhibit 78: Chart on Brazil - Market size and forecast 2021-2026 ($ million)
      • Exhibit 79: Data Table on Brazil - Market size and forecast 2021-2026 ($ million)
      • Exhibit 80: Chart on Brazil - Year-over-year growth 2021-2026 (%)
      • Exhibit 81: Data Table on Brazil - Year-over-year growth 2021-2026 (%)
    • 7.13 Market opportunity by geography
      • Exhibit 82: Market opportunity by geography ($ million)

    8 Drivers, Challenges, and Trends

    • 8.1 Market drivers
      • 8.2 Market challenges
        • 8.3 Impact of drivers and challenges
          • Exhibit 83: Impact of drivers and challenges in 2021 and 2026
        • 8.4 Market trends

          9 Vendor Landscape

          • 9.1 Overview
            • 9.2 Vendor landscape
              • Exhibit 84: Overview on Criticality of inputs and Factors of differentiation
            • 9.3 Landscape disruption
              • Exhibit 85: Overview on factors of disruption
            • 9.4 Industry risks
              • Exhibit 86: Impact of key risks on business

            10 Vendor Analysis

            • 10.1 Vendors covered
              • Exhibit 87: Vendors covered
            • 10.2 Market positioning of vendors
              • Exhibit 88: Matrix on vendor position and classification
            • 10.3 3M Corp.
              • Exhibit 89: 3M Corp. - Overview
              • Exhibit 90: 3M Corp. - Business segments
              • Exhibit 91: 3M Corp. - Key news
              • Exhibit 92: 3M Corp. - Key offerings
              • Exhibit 93: 3M Corp. - Segment focus
            • 10.4 Aquatech International LLC
              • Exhibit 94: Aquatech International LLC - Overview
              • Exhibit 95: Aquatech International LLC - Product / Service
              • Exhibit 96: Aquatech International LLC - Key offerings
            • 10.5 Ecolab Inc.
              • Exhibit 97: Ecolab Inc. - Overview
              • Exhibit 98: Ecolab Inc. - Business segments
              • Exhibit 99: Ecolab Inc. - Key news
              • Exhibit 100: Ecolab Inc. - Key offerings
              • Exhibit 101: Ecolab Inc. - Segment focus
            • 10.6 Evoqua Water Technologies LLC
              • Exhibit 102: Evoqua Water Technologies LLC - Overview
              • Exhibit 103: Evoqua Water Technologies LLC - Business segments
              • Exhibit 104: Evoqua Water Technologies LLC - Key news
              • Exhibit 105: Evoqua Water Technologies LLC - Key offerings
              • Exhibit 106: Evoqua Water Technologies LLC - Segment focus
            • 10.7 General Electric Co.
              • Exhibit 107: General Electric Co. - Overview
              • Exhibit 108: General Electric Co. - Business segments
              • Exhibit 109: General Electric Co. - Key news
              • Exhibit 110: General Electric Co. - Key offerings
              • Exhibit 111: General Electric Co. - Segment focus
            • 10.8 Pentair Plc
              • Exhibit 112: Pentair Plc - Overview
              • Exhibit 113: Pentair Plc - Business segments
              • Exhibit 114: Pentair Plc - Key news
              • Exhibit 115: Pentair Plc - Key offerings
              • Exhibit 116: Pentair Plc - Segment focus
            • 10.9 SUEZ WTS USA Inc.
              • Exhibit 117: SUEZ WTS USA Inc. - Overview
              • Exhibit 118: SUEZ WTS USA Inc. - Product / Service
              • Exhibit 119: SUEZ WTS USA Inc. - Key offerings
            • 10.10 The Dow Chemical Co.
              • Exhibit 120: The Dow Chemical Co. - Overview
              • Exhibit 121: The Dow Chemical Co. - Business segments
              • Exhibit 122: The Dow Chemical Co. - Key offerings
              • Exhibit 123: The Dow Chemical Co. - Segment focus
            • 10.11 Veolia Environnement Group
              • Exhibit 124: Veolia Environnement Group - Overview
              • Exhibit 125: Veolia Environnement Group - Business segments
              • Exhibit 126: Veolia Environnement Group - Key offerings
              • Exhibit 127: Veolia Environnement Group - Segment focus
            • 10.12 Xylem Inc.
              • Exhibit 128: Xylem Inc. - Overview
              • Exhibit 129: Xylem Inc. - Business segments
              • Exhibit 130: Xylem Inc. - Key offerings
              • Exhibit 131: Xylem Inc. - Segment focus

            11 Appendix

            • 11.1 Scope of the report
              • 11.2 Inclusions and exclusions checklist
                • Exhibit 132: Inclusions checklist
                • Exhibit 133: Exclusions checklist
              • 11.3 Currency conversion rates for US$
                • Exhibit 134: Currency conversion rates for US$
              • 11.4 Research methodology
                • Exhibit 135: Research methodology
                • Exhibit 136: Validation techniques employed for market sizing
                • Exhibit 137: Information sources
              • 11.5 List of abbreviations
                • Exhibit 138: List of abbreviations

              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.

              TechnavioINFORMATION SOURCES

              Primary sources

              • Manufacturers and suppliers
              • Channel partners
              • Industry experts
              • Strategic decision makers

              Secondary sources

              • Industry journals and periodicals
              • Government data
              • Financial reports of key industry players
              • Historical data
              • Press releases
              Technavio

              TechnavioDATA ANALYSIS

              Data Synthesis

              • Collation of data
              • Estimation of key figures
              • Analysis of derived insights

              Data Validation

              • Triangulation with data models
              • Reference against proprietary databases
              • Corroboration with industry experts
              Technavio

              TechnavioREPORT WRITING

              Qualitative

              • Market drivers
              • Market challenges
              • Market trends
              • Five forces analysis

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape
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              The municipal water and wastewater treatment equipment market growth will increase by $16027.88 million during 2022-2026.
              The municipal water and wastewater treatment equipment market is expected to grow at a CAGR of 4.84% during 2022-2026.
              Technavio has segmented the municipal water and wastewater treatment equipment market by application (Wastewater treatment and Water treatment) and geographic (APAC, North America, Europe, Middle East and Africa, and South America).
              3M Corp., Aquatech International LLC, Chembond Chemicals Ltd., Culligan International Co., Danaher Corp., Ecolab Inc., Evoqua Water Technologies LLC, General Electric Co., Kuraray Co. Ltd., Kurita Water Industries Ltd., Mott MacDonald, Pentair Plc, SUEZ WTS USA Inc., The Dow Chemical Co., Thermax Ltd., Thermo Fisher Scientific Inc., Toray Industries Inc., Veolia Environnement Group, WABAG Group, Xylem Inc. are a few of the key vendors in the municipal water and wastewater treatment equipment market.
              APAC will register the highest growth rate of 49.24% among the other regions. Therefore, the municipal water and wastewater treatment equipment market in APAC is expected to garner significant business opportunities for the vendors during the forecast period.
              The key factors driving the municipal water and wastewater treatment equipment market growth are:
              • Growing demand for reclaimed water
              • Introduction of advanced membrane technologies
              The municipal water and wastewater treatment equipment market vendors should focus on grabbing business opportunities from the wastewater treatment segment as it accounted for the largest market share in the base year.
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