Global
Water Market: Overview
The
global
water market caters to the domestic and household sectors as well
as the industrial sector, which comprises mining, power generation,
pharmaceutical, pulp and paper, upstream oil and gas, refining and
petrochemicals, microelectronics, and food and beverages. The role of
wastewater management in the overall water market is also
irrefutable. Rising scarcity of freshwater continues to push
municipal and industrial sectors to treat wastewater for reuse.
Removal of suspended solids, separation of oil and water, biological
treatment, removal of dissolved solids, and oxidation and
disinfection are the most recent and commonly used technologies in
wastewater treatment. Increasing global spending on these
technologies has greatly benefited the water market.
This
report offers readers a concise yet all-inclusive overview of the
global water market. Analysts have provided clients with insightful
data pertaining to the size, structure, and performance of the
market. The publication provides in-depth information on the
challenges that lie ahead, on the technologies that can help tackle
these problems, and the impact of country-wise regulations on
investments in the water market, especially the industrial water
market. The report also includes a detailed section on the vendor
landscape and discusses the strengths, weaknesses, opportunities, and
threats of prominent companies in the water market.
Global
Water Market: Key Trends and Opportunities
A
look at the water market in developing countries shows that while the
industry has been growing in leaps and bounds, there is still massive
scope for further expansion. In most developing nations, the rapid
improvement of the economy and increasing population play a vital
role in the demand for water for industrial and domestic use. In
developed countries, the growth of the water market is just as
promising as that in emerging economies. Even with modernization,
advanced infrastructure, and stable income streams, the demand for
desalination plants, wastewater treatment and reuse facilities, and
proper maintenance of existing infrastructure are boosting the water
market.
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In
recent years, smart water solutions have gained much prominence and
demand owing to leak detection, water scarcity, and network
efficiency. Outsourcing has also become a lucrative proposition for
those involved in the industry. The changing role of the private
sector in the overall water industry is another trend that is
creating opportunities for water service companies and investors.
Global
Water Market: Region-wise Outlook
The
global water market is led by Asia Pacific, where the growing demand
for water and water systems is fueled by the surge in manufacturing
and construction activities across the region and a massive
population that is consistently on the rise. Additionally, efforts on
the part of the governments in Japan, India, China, and other
developing countries to support and encourage urbanization and
dedicate sufficient resources toward wastewater treatment processes
has benefitted the Asia Pacific water market. Increasing demand for
bottled water and rising use of water in the utilities sector is
driving the water market in Europe, North America, and South America.
Poor quality of water is a major issue in most countries in the
Middle East and North Africa. This means that the scope for growth of
the water market in Rest of the World segment is immense.
Global
Water Market: Vendor Landscape
Increasing
number of players compete in the water market, considering the
importance of sustainability in the global water market and impact of
the demand and supply forces on the overall industry. Nalco Water,
ITT Corporation, The Danaher Corporation, Xylem Inc., Suez
Environnement S.A., United Utilities Group PLC, Siemens Water
Technologies Corp., and American Water are some of the leading
companies operating in the global water market.
The
report offers a comprehensive evaluation of the market. It does so
via in-depth qualitative insights, historical data, and verifiable
projections about market size. The projections featured in the report
have been derived using proven research methodologies and
assumptions. By doing so, the research report serves as a repository
of analysis and information for every facet of the market, including
but not limited to: Regional markets, technology, types, and
applications.
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