The Latest Water Treatment Equipment Industry Statistics Explained
The global water treatment equipment market size was valued at USD 57.42 billion in 2020.
The statistic indicates that the global water treatment equipment market was worth USD 57.42 billion in the year 2020. This signifies the total value of equipment, technologies, and services related to treating and purifying water for various uses across industries and households worldwide. The market size reflects the substantial investment and demand for water treatment solutions due to growing concerns about water pollution, scarcity, and the need for clean and safe water supply. This statistic underlines the significant economic importance and scale of the water treatment industry, highlighting its essential role in addressing global water challenges and promoting sustainable development.
It is projected to expand at a compound annual growth rate (CAGR) of 4.1% from 2021 to 2028.
This statistic indicates that the subject under consideration is forecasted to experience consistent growth over the period from 2021 to 2028, with the Compound Annual Growth Rate (CAGR) estimated at 4.1%. The CAGR provides a smooth average growth rate over the entire period, assuming steady growth each year. This projection suggests that the subject will expand by 4.1% on average each year during the specified time frame. The CAGR metric is often used to measure and compare growth rates of different entities over time, providing a standardized way to evaluate and forecast long-term trends in various industries or sectors.
The municipal and industrial sectors’ combined share was over 95.0% of the total market in 2016.
The statistic “The municipal and industrial sectors’ combined share was over 95.0% of the total market in 2016” indicates that the sum of the market shares held by the municipal sector and the industrial sector accounted for more than 95% of the entire market during the year 2016. This implies that these two sectors dominated the market significantly, overshadowing other sectors in terms of market presence and influence. The high combined share suggests that the municipal and industrial sectors were key players in driving the market dynamics and shaping the industry landscape in 2016, signifying their importance and impact on the overall market performance during that time.
United States accounts for the largest market share of 49.2% in 2019 for water treatment equipment.
The statistic that the United States accounts for the largest market share of 49.2% in 2019 for water treatment equipment indicates that nearly half of the global market for water treatment equipment is dominated by the United States. This suggests that the United States is a significant player in the water treatment industry, likely due to factors such as a high demand for clean water, advanced technology and infrastructure, and stringent regulations on water quality. Companies in the United States that manufacture and provide water treatment equipment are likely to be major players in the industry globally, and the statistic highlights the importance of the United States in ensuring access to clean and safe water resources.
Membrane separation technology is projected to proliferate at a CAGR of 4.8% over the forecasted period.
This statistic indicates that membrane separation technology is anticipated to experience substantial growth at a Compound Annual Growth Rate (CAGR) of 4.8% over the projected period. This implies that the adoption and utilization of membrane separation technology are expected to increase steadily year over year. This growth rate suggests a positive outlook for the industry, reflecting a rising demand for membrane separation technology across various sectors such as water treatment, pharmaceuticals, food and beverage, and others. The projection of a CAGR of 4.8% signifies a significant expansion in market size and opportunities for innovation and development within the membrane separation technology sector.
Asia Pacific is forecasted to witness the fastest growth rate of 5.1% over the forecast period.
This statistic signifies that the Asia Pacific region is expected to experience the most rapid expansion compared to other regions over the specified forecast period. The growth rate of 5.1% indicates the projected rate at which economic or other relevant indicators are forecasted to increase, showcasing the region’s potential for development and prosperity. This forecast suggests that the Asia Pacific region may present lucrative opportunities for investment, market expansion, and business development, emphasizing its significance in the global landscape and potentially serving as an attractive target for various stakeholders looking to capitalize on this upward trend.
The filtration methods segment registered the highest revenue in 2019, with a share of 38.4%.
The statement indicates that among all segments within the industry, the filtration methods segment generated the largest amount of revenue in 2019, accounting for 38.4% of the total revenue. This suggests that filtration methods were a significant contributor to the overall financial performance of the industry in that year. It implies that businesses and consumers within the industry heavily relied on filtration methods, potentially highlighting the importance of clean and efficient filtration processes. This statistic provides valuable insights into the market dynamics and preferences within the industry, emphasizing the importance of filtration methods in meeting the needs and demands of the market.
Europe held the second largest market share of 22% in 2019.
This statistic means that in 2019, Europe accounted for 22% of the total market share in a specific industry or market sector, making it the second largest region in terms of market size. This indicates that Europe has a significant presence in the market, behind only another region or regions with a larger combined market share. The 22% market share held by Europe suggests that businesses, consumers, or other stakeholders in the region played a substantial role in the industry in question, highlighting Europe’s importance as a market and potentially as a hub for economic activity within that industry during the specified time period.
Demand in the industrial segment is estimated to reach USD 18.79 billion in 2028.
The statement indicates that the demand for goods and services in the industrial segment is forecasted to amount to USD 18.79 billion by the year 2028. This statistic suggests a significant level of economic activity and purchasing power within the industrial sector, highlighting potential growth and investment opportunities. Companies operating in this segment may need to gear up their production and supply chains to meet this anticipated demand, while policymakers and analysts could use this information to gauge the overall health of the industrial economy and make informed decisions regarding resource allocation and policy formulation.
By 2025, the market for point-of-entry water treatment systems is projected to exceed $5.5 billion.
The statistic ‘By 2025, the market for point-of-entry water treatment systems is projected to exceed $5.5 billion’ suggests that in the year 2025, the global market for point-of-entry water treatment systems, which are used to purify water at the household level, is expected to surpass $5.5 billion in value. This projection indicates a growing demand for such systems, driven by factors such as increasing awareness of water quality issues, rising concerns over waterborne contaminants, and a focus on providing safe and clean drinking water to households. The substantial market size forecasted signifies a significant investment and growth opportunity for companies operating in the water treatment industry, reflecting the importance and market potential of point-of-entry water treatment solutions in addressing water quality challenges.
In 2020, the Indian water treatment equipment market size was $2.45 billion.
The statistic states that in 2020, the Indian water treatment equipment market was valued at $2.45 billion, indicating the total revenue generated from the sales of water treatment equipment in India during that year. This figure represents the market size, which is a measure of the total value of all products and services traded within a specific industry. The large market size suggests a significant demand for water treatment equipment in India, likely driven by factors such as population growth, industrial development, and increasing awareness about the importance of clean water. This statistic illustrates the size and potential growth of the water treatment industry in India, highlighting its importance in addressing water quality and sustainability issues in the country.
Point-of-use systems had a market share of over 25.0% in 2016 globally.
This statistic indicates that point-of-use systems, such as water filtration and purification systems used at individual households or small-scale facilities, accounted for a significant portion of the global market in 2016, specifically more than 25.0%. This suggests a growing trend towards decentralized water treatment solutions that provide clean and safe water directly at the point of consumption, rather than relying solely on centralized water treatment infrastructure. The popularity of point-of-use systems may be attributed to their effectiveness in addressing water quality issues at a local level, as well as their potential to improve accessibility and reliability of clean water supply in areas where traditional centralized systems may be inadequate or unreliable.
Revenue in the Water Treatment Equipment segment is projected to reach US$22,162m in 2023.
This statistic indicates that the total revenue generated in the Water Treatment Equipment segment is forecasted to amount to US$22,162 million in the year 2023. This figure represents the anticipated total sales and earnings derived from the sales of water treatment equipment such as filtration systems, pumps, and purification technology. The projection suggests a growing demand and market value for water treatment equipment as industries and consumers increase their focus on water quality and purification solutions. The estimated revenue serves as a crucial indicator of the size and potential growth of the Water Treatment Equipment market in the upcoming year.
U.S. water treatment equipment market is projected to exceed $13 Billion by 2026.
The statistic indicates that the U.S. water treatment equipment market is expected to grow significantly and surpass $13 billion in value by the year 2026. This projection suggests a growing demand for water treatment equipment in the U.S., driven by factors such as increasing government regulations on water quality, growing concerns about water scarcity, and the need for clean and safe drinking water in both residential and industrial settings. The market expansion signals potential opportunities for manufacturers, suppliers, and investors in the water treatment industry, highlighting the importance of addressing water quality issues and sustainability efforts in the U.S.
China’s water treatment equipment market is predicted to grow at a CAGR of over 10% during 2020-2025.
This statistic signifies that the market for water treatment equipment in China is expected to increase at a Compound Annual Growth Rate (CAGR) of more than 10% over the period of 2020 to 2025. This indicates a strong anticipated expansion in the demand for water treatment equipment in China during this time frame. The CAGR of over 10% suggests a consistent and robust growth trajectory, reflecting an increasing focus on addressing water quality and environmental concerns within the country. Factors such as population growth, urbanization, industrial development, and government initiatives towards improving water quality are likely to drive this growth in the water treatment equipment market in China.
The global industrial water treatment equipment market was worth nearly $28.0 billion in 2019.
The statistic indicates that in 2019, the global industrial water treatment equipment market had a total estimated value of approximately $28.0 billion. This figure represents the overall worth of the market, including the various types of equipment and services used for treating water in industrial settings. Industrial water treatment is essential for maintaining water quality and ensuring compliance with environmental regulations in industries such as manufacturing, power generation, and chemical processing. The market size suggests a significant demand for water treatment solutions globally, reflecting the increasing awareness of water scarcity and pollution issues. The value of $28.0 billion highlights the scale of investment in water treatment technologies and services by industries to address water quality challenges and sustainability concerns.
In 2020, around 48.8% of total water treatment equipment market revenue was attributable to the domestic end-user segment.
The statistic ‘In 2020, around 48.8% of total water treatment equipment market revenue was attributable to the domestic end-user segment’ indicates that nearly half of the revenue generated within the water treatment equipment market in 2020 came from sales to domestic end-users, such as households and residential buildings. This suggests a significant reliance on individual consumers and small-scale users within the water treatment equipment industry. The statistic implies that a substantial portion of the market’s revenue is derived from catering to the needs of residential customers for various water treatment solutions, including filtration systems, water softeners, and purifiers, among others. Understanding the market’s segmentation by end-user type can help companies tailor their marketing strategies and product offerings to effectively target this consumer group and capitalize on the demand within the domestic segment of the water treatment equipment market.
The water treatment industry in Canada was worth $2.51 billion in 2019.
The statistic indicates that the water treatment industry in Canada generated a total revenue of $2.51 billion in the year 2019. This value reflects the economic contribution of the industry, which is involved in various activities such as purifying, treating, and distributing water for different purposes such as residential, commercial, and industrial use. The size of the industry suggests that there is a significant demand for water treatment services in Canada, likely driven by factors such as population growth, industrialization, and environmental considerations. This statistic provides insight into the scale and importance of the water treatment sector within the Canadian economy and highlights the ongoing need for sustainable water management practices in the country.
The Middle East and Africa water treatment equipment market is expected to grow at a CAGR of 5.6% between 2020 and 2028.
This statistic indicates the projected growth rate for the water treatment equipment market in the Middle East and Africa region between the years 2020 and 2028. The Compound Annual Growth Rate (CAGR) of 5.6% suggests that the market is expected to expand steadily over this period. This growth rate implies that the demand for water treatment equipment in the Middle East and Africa is likely to increase at a moderate pace, driven by factors such as population growth, urbanization, industrial development, and the need to address water scarcity and pollution issues in the region. Stakeholders in the water treatment industry can use this information to assess opportunities for investment and market expansion in the coming years.
References
0. – https://www.www.statista.com
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