Report : Europe Water Treatment System Market Forecast to 2031 - Regional Analysis - by Filtration Process (Distillation, Ultra-violet Sterilization, Reverse Osmosis, Filtration, Ion-exchange, and Others), Type (Drinking Water Treatment System, Industrial Water Treatment Systems, Wastewater Treatment Systems, Portable Water Treatment Systems, and Well Water Treatment Systems), Application (Ground Water, Brackish and Sea Water Desalination, Rainwater Harvesting, Drinking Water, and Others), and End User (Residential, Municipal, Agriculture, Food and Beverage, Commercial, Mining and Metal, Oil and Gas, Pharmaceuticals, and Others)
At 6.5% CAGR, Europe Water Treatment System Market is Projected to be Worth US$ 25,460.88 Million by 2031, says Business Market Insights
According to Business Market Insights' research, the Europe water treatment system market was valued at US$ 15,365.33 million in 2023 and is expected to reach US$ 25,460.88 million by 2031, registering a CAGR of 6.5% from 2023 to 2031. Increasing government regulations on wastewater treatment and rising investments in wastewater treatment facilities are among the critical factors attributed to drive the Europe water treatment system market growth.
The volume of wastewater is growing with the increase in population. Households and industries produce the majority of wastewater. Every year, ~380 billion cubic meters of municipal wastewater is produced globally. As a result, the requirement for proper infrastructure development in the wastewater management sector is growing, led by the growing population and rising urbanization. Governments of numerous countries are concentrating on installing proper wastewater treatment facilities to protect the environment from pollution. Globally, almost 78% of the wastewater stays untreated and is disposed of in groundwater, rivers, or lakes, which causes critical water pollution. Therefore, governments across the globe are strengthening their regulatory policies to enhance the overall water quality, along with encouraging the deployment of water treatment systems in various industries. Thus, the growing government focus on addressing environmental concerns and increasing sustainability drives the water treatment systems market.
On the contrary, high maintenance and installation costs of water treatment systems hamper the growth of Europe water treatment system market.
Based on filtration process, the Europe vegetarian capsules market is segmented distillation, ultra-violet sterilization, reverse osmosis, filtration, ion-exchange, and others. The reverse osmosis segment held 24.6% market share in 2023, amassing US$ 3,780.76 million. It is projected to garner US$ 6,512.81 million by 2031 to register 7.0% CAGR during 2023-2031.
In terms of type, the Europe vegetarian capsules market is categorized into drinking water treatment system, industrial water treatment systems, wastewater treatment systems, portable water treatment systems, and well water treatment systems. The drinking water treatment system segment held 26.1% share of Europe water treatment system market in 2023, amassing US$ 4,013.84 million. It is anticipated to garner US$ 6,830.52 million by 2031 to expand at 6.9% CAGR during 2023-2031.
By application, the Europe vegetarian capsules market is segmented into ground water, brackish and sea water desalination, rainwater harvesting, drinking water, and others. The drinking water segment held 25.7% market share in 2023, amassing US$ 3,945.42 million. It is projected to garner US$ 6,862.77 million by 2031 to register 7.2% CAGR during 2023-2031.
By end user, the Europe vegetarian capsules market is segmented into residential, municipal, agriculture, food and beverage, commercial, mining and metal, oil and gas, pharmaceuticals, and others. The municipal segment held 18.9% market share in 2023, amassing US$ 2,906.11 million. It is projected to garner US$ 4,930.12 million by 2031 to register 6.8% CAGR during 2023-2031.
By country, the Europe vegetarian capsules market is segmented into Germany, France, Italy, the UK, Russia, and the Rest of Europe. Our regional analysis states that Germany captured 28.6% share of Europe water treatment system market in 2023. It was assessed at US$ 4,396.48 million in 2023 and is likely to hit US$ 7,612.80 million by 2031, registering a CAGR of 7.1% during 2023-2031.
Key players operating in the Europe water treatment system market are 3M Co; Aquatech International LLC.; Culligan International Co; Pure Aqua, Inc.; Aquatech International LLC; DuPont de Nemours Inc; Filtra-Systems Company LLC; Pall Corp; Pentair Plc; Thermax Limited; Thermo Fisher Scientific Inc; Veolia Environnement SA; and Xylem Inc; among others.
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