NEW YORK, Aug. 22, 2016 /PRNewswire/ -- The global packaged water treatment system market is projected to reach USD 21.83 billion by 2021, at a CAGR of 10.4% between 2016 and 2021. Growing population and increasing urbanization are the key factors that are projected to drive the growth of this market.
Municipal wastewater treatment is expected to be the largest application segment of the market by 2021
The municipal wastewater treatment segment accounted for the largest share of the packaged water treatment system market in 2015. The gradual increase in the number of people living in urban areas is expected to drive the growth of this segment, as packaged water treatment system is widely used in the municipality to treat municipal wastewater and make it available for further reuse.
Extended aeration is expected to witness significant growth during the forecast period
The extended aeration segment of the global packaged water treatment system market is expected to witness significant growth during the forecast period. This growth can be attributed to the less initial cost and investments involved in this technology, in comparison to others.
Globally, Saudi Arabia is the fastest-growing country during the forecast period
Middle East & Africa recorded the largest share of the global packaged water treatment system market in 2015. Saudi Arabia and UAE were the key markets for packaged water treatment system in Middle East & Africa. The rise in the number of industries is expected to drive the growth of industrial wastewater treatment, which will in turn, drive the growth of the global packaged water treatment system market in these countries.
Break-up of profile of primary participants for the report:
- By Company Type - Tier 1 – 25 %, Tier 2 – 35%, and Tier 3 – 40%
- By Designation – C level – 25%, Director level – 30%, Others – 45%
- By Region – Asia-Pacific - 35%, Middle East & Africa – 25%, Europe – 20%, North America – 15%, and Latin America – 5%
The report, as part of qualitative analysis, provides a comprehensive review of major market drivers, restraints, opportunities, and challenges of the market. It also discusses competitive strategies adopted by different market 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.
Reasons to buy this report:
This report covers the following key aspects:
- The market size by 2021 and its growth rate
- Key market trends
- Factors driving this market
- Challenges that impact market growth
- Key players in this market
- Key regions for this market, such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America, along major countries in these regions
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