Research Nester published a report titled “EMEA & Asia Pacific Water Treatment Market: Demand Analysis & Opportunity Outlook 2026” which delivers detailed overview of the EMEA & Asia Pacific water treatment market in terms of market segmentation by product, application, technology, and by region.
Further, for the in-depth analysis, the report encompasses the industry growth indicators, restraints, supply and demand risk, along with detailed discussion on current and future market trends that are associated with the growth of the market.
The EMEA & Asia Pacific water treatment market is anticipated to grow with a CAGR of 5.8% during 2020-2026. The market is segmented by technology into oil/water separation, suspended solids removal, dissolved solids removal, biological treatment/nutrient & metal recovery, disinfection/oxidation, and others, out of which, the dissolved solids removal segment garnered the largest market revenue of USD 22007.8 Million in 2020, and is further projected to grow with the second-highest CAGR of 6% during the forecast period to touch USD 31245.8 Million by the end of 2026.
The EMEA & Asia Pacific water treatment market is estimated to garner a revenue of USD 88225.8 Million by the end of 2026, up from USD 63020.3 Million in 2020. Increasing population, growing urbanization, and the rising need for potable water are some of the major factors projected to drive the market growth. Moreover, growing focus of the government of nations to meet the Sustainable Development Goals (SDGs) laid down by the United Nations, is also expected to create numerous opportunities for market growth in the coming years.
The EMEA & Asia Pacific water treatment market is segmented by region into Europe, Middle East & Africa, and the Asia Pacific, out of which, the market in the Asia Pacific is projected to hold the highest market share during the forecast period and further garner a revenue of USD 46262.2 Million by the end of 2026, up from USD 32010.2 Million in 2020. The market in the region is also anticipated to grow with the highest CAGR of 6.3% during the forecast period. Amongst the countries in the region, the market in China is projected to garner the largest market revenue of USD 24070.3 Million by the end of 2026, up from USD 16676.3 Million in 2020.
Rising Population and Increasing Economic Development to Drive the Market Growth
The World Bank, in one of its statistics stated that total population in the European Union, Middle East & North Africa, and the East Asia & Pacific in the year 2020 touched 447794691 numbers, 464554123 numbers, and 2.353 Billion respectively.
Backed by the growing population in EMEA and the Asia Pacific, there is a growing need for potable water amongst the individuals. Moreover, with the increasing concern for the rising number of water-borne diseases, there is a growing need for water treatment plants which can help lower the prevalence of such diseases. Besides this, the increasing concern for surface and ground water pollution is also expected to contribute significantly to the growth of the water treatment market in EMEA and Asia Pacific.
However, the lack of availability of skilled persons for operating water treatment plants is expected to operate as key restraint to the growth of EMEA & Asia Pacific water treatment market over the forecast period.
This report also provides the existing competitive scenario of some of the key players of the EMEA & Asia Pacific water treatment market which includes company profiling of SUEZ, BASF SE, DuPont de Nemours, Inc., Xylem, Evoqua Water Technologies LLC, Aquatech International LLC, Ecolab Inc., Solvay SA, VEOLIA ENVIRONNMENT SA, Kurita Water Industries Ltd., and others. The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments. On the whole, the report depicts detailed overview of the EMEA & Asia Pacific water treatment market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.