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Wastewater Treatment Equipment Market size to reach USD 55 billion by 2023

Wastewater treatment equipment market size was worth over USD 35 billion in 2015, and is expected to reach more than USD 55 billion by 2023, growing at a CAGR of more than 6% from 2016 to 2023.

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Wastewater Treatment Equipment Market size to reach USD 55 billion by 2023

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  1. Wastewater Treatment Equipment Market size to reach USD 55 billion by 2023, at over 6% CAGR from 2016 to 2023: Global Market Insights Inc. Fuel Cell Market size worth $25.5bn by 2024 Low Power Wide Area Network

  2. Regional Analysis of Wastewater Treatment Equipment Market : • Asia Pacific was the major contributor and is anticipated to grow at a high rate owing to large population size, potable water scarcity, and rapid industrialization in countries such as India, Japan, and China. • U.S. wastewater treatment equipment market size is likely to witness significant growth due to stringent water regulations and increasing water recycling & reusing trend. • Middle East & Africa (MEA) is anticipated to be an attractive regional segment due to insufficient water management & limited supply, and outbreak of diseases such as cholera.

  3. Application Analysis of Wastewater Treatment Equipment Market : • Water treatment equipment is required in order to remove unwanted bacteria, protozoa, virus and suspended solid particles. • Poor water intake directly or indirectly is hazardous to health. Increasing environmental concern coupled with rising consumer health consciousness is likely to fuel growth. • Raw and processed water is used in several applications including cooling, washing, and processing in various manufacturing industries such as pulp & paper, pharmaceuticals, chemicals, power, metal & mining, semiconductors, textiles, oil & gas.

  4. Competitive Market Share of Wastewater Treatment Equipment Market : • Wastewater treatment equipment market share is comprised of Ashland Water Technologies, Aquatech International Corporation, Danaher Corporation, Degremont SAS, Kemira OYJ, GDF SUEZ S.A., GE Water & Process Technologies, The Dow Chemical Company, Veolia Environment SA, and Xylem Inc. Companies focus on improving their presence through acquisitions & collaborations in potential regions and increasing price competency to maintain their market position. Investing on supply chain process in order to expand their end-user base is likely to be a key strategy. • Other key participants include Doosan Heavy Industries & Co., Ion Exchange Ltd, Thermo Fisher Scientific Inc, Accepta Ltd, and Palintest Ltd.

  5. Browse Full Market Research Report On Wastewater Treatment Equipment Market @ https://www.gminsights.com/industry-analysis/wastewater-treatment-equipment-market Request for an in-depth table of contents for this report @ https://www.gminsights.com/request-toc/upcoming/273

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