The Future of Packaged Water Treatment System Market – Growth and Trends Estimated in Forecasts

The global packaged water treatment system market is expected to reach USD 21.83 billion by 2021, at a CAGR of 10.4% between 2016 and 2021. Some of the major players operational in the packaged water treatment system include Veolia Water Technologies (France), GE Water & Process Technologies (U.S.), RWL Water (U.S.), WPL International (U.K.), and Smith & Loveless INC. (U.S.), among others.

Most countries with large population are in the developing stage, and in a dire need of fresh water for sanitation and industrial purposes. Even in developed nations, growing population puts immense pressure on water resources, thus creating the need for wastewater treatment facilities. There is a rise in the need to conserve water for reuse purpose, particularly in the dry regions of Australia, Southeast and Northeast Asia, Middle East, parts of South Africa, North America, and Southern Europe.

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On the basis of technology type, the market is segmented into extended aeration, MBBR, reverse osmosis, MBR, SBR, and others. Extended aeration led the global packaged water treatment system market in 2015, and accounted for the largest share, followed by MBBR and reverse osmosis. The stringent regulatory and sustainability mandates concerning the environment, demands a switch from chemical-based water and wastewater treatment system to eco-friendly water and wastewater treatment system. This drives the demand for extended aeration, MBBR, reverse osmosis, MBR, and SBR technologies.

On the basis of application, the market is classified into municipal wastewater treatment, industrial wastewater treatment, and drinking water treatment. Among the various applications of packaged water treatment system, the municipal wastewater treatment accounted for the largest share in 2015. The rising population and rapid urbanization is driving the demand for packaged water treatment system. The growing demand of packaged water treatment system by various industrial and municipality users has boosted the growth of this segment.

Middle East & Africa led the global packaged water treatment system market in 2015 and accounted for the largest share, followed by Europe and North America. The market in this region is experiencing increased services in municipal and industrial wastewater treatment. Rise in demand from countries like Saudi Arabia, UAE, and Qatar has boosted the growth of packaged water treatment system in this region.

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This market is led by key players, such as Veolia Water Technologies (France), GE Water & Process Technologies (U.S.), RWL Water (U.S.), WPL International (U.K.), Smith & Loveless INC. (U.S.), and others. These companies are considered as leaders in the rapidly-evolving market. Substantial investments have been made in the past few years by these companies to address the future demand of packaged water treatment system arising from the growing population, urbanization, and industrialization.

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