Water and wastewater treatment equipment market to reach $103.41 billion by 2025
“The global water & wastewater treatment equipment market size is expected to reach approximately USD 103.41 billion by 2025. The rising demand for fresh water mainly owing to population explosion and industrialization across the globe is estimated to amplify the market growth over the years ahead�
The global water & wastewater treatment equipment market size is expected to reach approximately USD 103.41 billion by 2025, according to a new report conducted by Grand View Research, Inc. The rising demand for fresh water mainly owing to population explosion and industrialization across the globe is estimated to amplify the market growth over the years ahead. This, in turn, is projected to enhance the requirements for secondary and tertiary treatment technology based equipment. In terms of revenue, the market for biological equipment was held at USD 6.28 billion in 2015. This segment is projected to witness considerable growth, especially in municipal applications, owing to rising water infrastructure activities in developing countries including China, India, and South Africa.
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