The report forecasts the global commercial water treatment equipment market to grow at a CAGR of 6.1% during the period 2016-2020.
Technological advancements will be a key trend for market growth. A combination of technologies is involved in recycling processes. These are specifically designed to treat water in a manner such that it can be made reusable. Besides, it also otherwise complies with the safety standards of waste disposal processes, which are executed in an environment friendly manner. Some of these technologies include desalination, nanotechnology and also the differently graded porous membranes. The implementation of these technologies is subject to the availability of funds and also depend on the quantity and quality of reusable water/ wastewater to be generated. Based on this, it is envisaged that as energy-efficient processes, hybrid desalination, forward osmosis and solar desalination are going to be popular and important choices in the future.
According to the report, one of the key drivers for market growth will be increased demand for water treatment. There is a high demand for water treatment in most of the countries as their commercial activities are increasing. In addition, water scarcity, limited ground water and contaminated water results in increased use of water treatment equipment. For instance, southern Canada has limited groundwater resources due to droughts. Also, in India the ground water is contaminated by Arsenic and Fluoride. With increase in such issues, the demand for water treatment equipment is expected to grow.
Further, the report states that high operational costs will be a major challenge for the market.
- Pure Aqua
Key Topics Covered:
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Market research methodology
PART 04: Introduction
PART 05: Market landscape
PART 06: Market segmentation by application
PART 07: Geographical segmentation
PART 08: Market drivers
PART 09: Impact of drivers
PART 10: Market challenges
PART 11: Impact of drivers and challenges
PART 12: Market trends
PART 13: Vendor landscape
PART 14: Key vendor analysis
For more information about this report visit http://www.researchandmarkets.com/research/87c29r/global_commercial
Related Topics: Water Treatment
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To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/global-commercial-water-treatment-equipment-market-to-grow-61-by-2020---growing-water-scarcity-a-key-growth-driver---research-and-markets-300314211.html
SOURCE Research and Markets