EMEA & Asia Pacific Water Treatment Market Segmentation by Product (Chemicals, and Equipment & Systems); by Application (Municipal, and Industrial Wastewater Treatment); by Technology (Oil/Water Separation, Suspended Solids Removal, Dissolved Solids Removal, Biological Treatment/Nutrient & Metal Recovery, Disinfection/Oxidation, and Others) – Demand Analysis & Opportunity Outlook 2020-2026
Buy Now Report ID: 3481 | Published Date: Feb 08, 2023
Growth Drivers
Challenges
Regionally, the EMEA & Asia Pacific water treatment market is segmented into Europe, Middle East & Africa, and the Asia Pacific. Out of the market in these regions, the market in the Asia Pacific is projected to hold the highest market share during the forecast period and further grow with the highest CAGR of 6.3% during the forecast period. The market in the region is projected to garner a revenue of USD 46262.2 Million by the end of 2026, up from USD 32010.2 Million in 2020. Growing concern for surface and groundwater pollution in the region, owing to the increasing urbanization, and economic development is one of the major factors anticipated to drive the growth of the market in the Asia Pacific. In other statistics by the World Bank, urban population as a share of total population in the East Asia & Pacific touched 60.695% in the year 2020. The market in the Asia Pacific is segmented by countries into China, India, Japan, South Korea, Singapore, Australia, Indonesia, Malaysia, Thailand, Taiwan, and the Rest of Asia Pacific. Amongst the market in these countries, 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. Alternatively, the market in India is projected to grow with the highest CAGR of 9.8% during the forecast period.
The EMEA & Asia Pacific water treatment market is segmented by product into chemicals, and equipment & systems. Out of these two segments, the chemicals segment is projected to garner the largest market revenue by the end of 2026, while the equipment & systems segment is projected to grow with the highest CAGR of 6.4% during the forecast period. Further, the market is segmented by application into municipal, and industrial wastewater treatment. Out of these segments, the municipal wastewater treatment segment is projected to hold the highest market share during the forecast period. The industrial wastewater treatment segment, on the other hand, is anticipated to grow with the highest CAGR of 6.1% during the forecast period. Further, on the basis of technology, the market is segmented into oil/water separation, suspended solids removal, dissolved solids removal, biological treatment/nutrient & metal recovery, disinfection/oxidation, and others. Out of these, the dissolved solids removal segment is projected to garner the largest market revenue of USD 31245.8 Million by the end of 2026, up from USD 22007.8 Million in 2020. The segment is also expected to grow with the second-highest CAGR of 6% during the forecast period.
Our report has covered detailed company profiling comprising company overview, business strategies, key product offerings, financial performance, key performance indicators, risk analysis, recent developments, regional presence, and SWOT analysis among other notable indicators for competitive positioning. Some of the prominent industry leaders in the EMEA & Asia Pacific water treatment market that are included in our report are 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.
Our report has covered detailed company profiling comprising company overview, business strategies, key product offerings, financial performance, key performance indicators, risk analysis, recent developments, regional presence, and SWOT analysis among other notable indicators for competitive positioning. Some of the prominent industry leaders in the EMEA & Asia Pacific water treatment market that are included in our report are 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.
April 19, 2021: Kurita Water Industries Ltd. announced that it had successfully acquired the Canadian water treatment chemical manufacturer, Keytech Water Management.
March 22, 2021: Ecolab Inc. announced that it had launched its smart water management application, Smart Water Navigator, a free online tool which would allow business organizations to achieve their corporate water goals and understand the value of water in their operations.
In 2023, market players might incur losses due to huge gap in currency translation followed by contracting revenues, shrinking profit margins & cost pressure on logistics and supply chain.
Controlling Inflation has become the first priority for global economies from last quarter of 2022 and to be followed in 2023. With skewed economic situations, rise in interest rate by governments to control spending and inflation, spiked oil and gas prices, high inflation, geo-political issues including U.S. & China trade war, Russia-Ukraine conflict to intensify the global economic issues.
The interest rates in the U.S. may be less sensitive in 2023 as compared to 2022; sigh of relief for businesses. Positive business sentiments, healthy business balance sheets, growth in construction spending (private construction value in 2022 stood at $1,429.2 billion, 11.7 percent (±1.0 percent) above the $1,279.5 billion spent in 2021, Residential construction in 2022 was $899.1 billion, up by 13.3 percent (±2.1 percent) from $793.7 billion in 2021, non-residential construction touched $530.1 billion, 9.1 percent (±1.0 percent) above the $485.8 billion in 2021.) showcases minimal impact of recession in the country.
Similarly, spiked spending in the European and major Asia economics including, India, China & Japan to showcase less impact on the global demand.
Author Credits: Smruti Ranjan, Rajrani Baghel
Ans: The growing population and urbanization in EMEA & the Asia Pacific regions is one of the major factors anticipated to drive the growth of the market.
Ans: The market is anticipated to attain a CAGR of 5.8% over the forecast period, i.e., 2020-2026.
Ans: The lack of availability of skilled persons for operating water treatment plants is one of the major factors estimated to hamper the market growth.
Ans: The market in Europe is projected to display significant business opportunities in the near future.
Ans: The major players in the market are SUEZ, BASF SE, DuPont de Nemours, Inc., Xylem, Evoqua Water Technologies LLC, Aquatech International LLC, and others.
Ans: The company profiles are selected based on the revenues generated from the product segment, geographical presence of the company which determine the revenue generating capacity as well as the new products being launched into the market by the company.
Ans: The market is segmented by product, application, technology, and by region.
Ans: The dissolved solids removal segment is projected to garner the largest market revenue of USD 31245.8 Million by the end of 2026 and display significant growth opportunities.
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