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Showing posts with the label Water & Wastewater Treatment Equipment Industry

Water & Wastewater Treatment Equipment Market: Projection of Each Major Segment till 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. This, in turn, is projected to enhance the requirements for secondary and tertiary treatment technology based equipment. 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. 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. Key market players are currently focusing on expanding installed capacity of their water treatment facilities. In April 2011, GE Water & Process Technologies completed the extension of it