Report : South America Mobile Water Treatment Market Forecast to 2028 – COVID-19 Impact and Regional Analysis – by Offering (Systems and Services), End User (Clarification, Filtration, Chemical Softening, Reverse Osmosis, Ion Exchange, and Others), and End User (Construction, Municipal, Agriculture, Chemical, and Others)
At 8.8% CAGR, the South America Mobile Water Treatment Market is projected to be worth US$ 219.21 million by 2028, says Business Market Insights
According to Business Market Insights’ research, the South America mobile water treatment market was valued at US$ 131.96 million in 2022 and is expected to reach US$ 219.21 million by 2028, registering a CAGR of 8.8% from 2022 to 2028. Increasing demand for water purification in industries and stringent government regulations on wastewater treatment are the critical factors attributed to the South America mobile water treatment market expansion.
In industries, clean water is used for a range of applications, including dilution, steam generation, and manufacturing equipment washing and cooling. This has increased the demand for a consistent and reliable water supply in sectors such as power generation, manufacturing, food & beverages, and agriculture. The energy & power sector is one of the largest consumers of water, which is a major reason why these plants are located on the coast. Rapid industrialization encourages companies to avoid any disruptions and system downtime, thereby increasing the need for mobile water treatment systems. Mobile water treatment systems support on-site operations by providing equipment on a rental basis to cater to the short-term water treatment demand. Netsol Water Solutions provides mobile water treatment systems in prepackaged containers for maximum mobility and response. The company combines process technologies to produce a solution that satisfies the needs of a wide range of water treatment applications. Similarly, WaterStep offers a compact, sustainable, and easily transportable portable water treatment system (PWTS) that is equipped with quick-connect modules. So, increasing demand for water purification in industries is expected to drive the South America mobile water treatment market growth.
On the contrary, high installation and operational cost hurdles the growth of South America mobile water treatment market.
Based on offering, the South America mobile water treatment market is segmented into systems and services segment. The services segment held 60.5% market share in 2022, amassing US$ 79.81 million. It is projected to garner US$ 129.78 million by 2028 to expand at 8.4% CAGR during 2022–2028.
Based on application, the South America mobile water treatment market is segmented into clarification, filtration, chemical softening, reverse osmosis, ion exchange, and others. The filtration segment held 28.3% market share in 2022, amassing US$ 37.36 million. It is projected to garner US$ 59.46 million by 2028 to expand at 8.1% CAGR during 2022–2028.
Based on end user, the South America mobile water treatment market is segmented into construction, municipal, agriculture, chemical, and others. The others segment held 36.6% market share in 2022, amassing US$ 48.27 million. It is projected to garner US$ 78.81 million by 2028 to expand at 8.5% CAGR during 2022–2028.
Based on country, the South America mobile water treatment market is segmented into Brazil, Argentina, and Rest of South America. Our regional analysis states that Brazil captured 52.6% market share in 2022. It was assessed at US$ 69.44 million in 2022 and is likely to hit US$ 114.68 million by 2028, exhibiting a CAGR of 8.7% during the forecast period.
Key players dominating the South America mobile water treatment market are Aquatech International LLC; EMWG Srl; Evoqua Water Technologies Corp.; Filtra-Systems Company LLC; Newater Technology Co.; Pall Corporation; and Veolia Environnement SA, among others.
- In 2020, EMWG Srl announced the merger with Idro Group Srl. The merger by incorporation of the two companies into a single legal and company entity will allow them to better respond to market demands by offering a significant range of quality products and services.
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