LONDON–(BUSINESS WIRE)–Mar 30, 2020–
The water and wastewater treatment equipment market are poised to grow by USD 18.35 billion during 2020-2024, progressing at a CAGR of over 4% during the forecast period.
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Technavio has published a latest market research report titled Global Water and Wastewater Treatment Equipment Market 2020-2024 (Graphic: Business Wire)
The market is driven by the increasing use of water in industrial sector. In addition, the growing use of advanced and intelligent technologies in water and wastewater treatment is anticipated to boost the growth of the water and wastewater treatment equipment market.
The demand for water for industrial purposes across the globe is increasing with the growing industrialization. The disposal of wastewater generated from different industrial processes such as stormwater, sanitary wastewater, and process water into the water bodies is increasing environmental concerns. With the depletion of water resources and the ever-growing demand for water, many companies are compelled to look for ways to limit water usage and use water efficiently. This is driving the demand for water and wastewater treatment equipment to process and treat wastewater.
3M Co. is headquartered in the US and operates the business under various segments such as Industrial, Safety and Graphics, Health Care, Electronics and Energy, and Consumer. The company offers a wide-range of residential and industrial water filtration products and solutions.
BWT AG is headquartered in Austria and offers products through the following business units: Private Homes, Hotels & Hospitality, Swimming Pools & Spas, Buildings & Industry, Pharma & Biotech, and Membrane – Fuel Cell. The company offers water treatment technology for its end-users.
Danaher Corp. is headquartered in the US and operates under various business segments, namely Life Sciences, Diagnostics, Dental, and Environmental & Applied Solutions. The company offers a diverse portfolio of water quality optimization solutions.
DuPont de Nemours Inc. is headquartered in the US and offers products through the following business segments: Agriculture, Performance Materials & Coatings, Industrial Intermediates & Infrastructure, Packaging & Specialty Plastics, Electronics & Imaging, Nutrition & Biosciences, Transportation & Advanced Polymers, Safety & Construction, and Corporate.
Ecolab Inc. is headquartered in the US and offers products through the following business segments: GLOBAL INDUSTRIAL, GLOBAL INSTITUTIONAL, GLOBAL ENERGY, and OTHER. The company offers various services, equipment, and products for wastewater treatment to end-users.
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.
With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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CONTACT: Technavio Research
Jesse Maida
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UK: +44 203 893 3200
Email:media@technavio.com
Website:www.technavio.com/
KEYWORD:
INDUSTRY KEYWORD: UTILITIES ENERGY
SOURCE: Technavio Research
Copyright Business Wire 2020.
PUB: 03/30/2020 01:00 PM/DISC: 03/30/2020 01:00 PM
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