Process Water Treatment Market to Garner $520.4 Billion, Globally, By 2030 at 7.0% CAGR, Says Allied Market Research

PORTLAND, OREGON, UNITED STATES, March 21, 2024 /EINPresswire.com/ — Allied Market Research recently released a comprehensive report titled “Process Water Treatment Market,” offering insights into the global industry landscape. According to the report, the global process water treatment industry reached a valuation of $263.1 billion in 2020 and is forecasted to attain $520.4 billion by 2030, exhibiting a robust CAGR of 7.0% from 2021 to 2030.

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Drivers, Restraints, and Opportunities

Factors such as escalating demand for clean water across various end-use industries, increased industrial water discharge, and mounting pollution caused by the disposal of industrial waste, alongside significant growth and investment in the industrial sector, are driving the expansion of the global process water treatment market. However, the presence of alternative water treatment methods poses a challenge to market growth. Conversely, the surge in demand from emerging economies presents promising opportunities for market players in the future.

Process Water Overview

Process water is utilized in various manufacturing processes, encompassing functions like boiler make-up water, cooling tower make-up water, coating and plating, rinsing and spraying, washing, and others. Groundwater or municipal supplies often contain dissolved minerals that can adversely affect product quality and increase manufacturing costs.

𝐏𝐮𝐫𝐜𝐡𝐚𝐬𝐞 𝐄𝐧𝐪𝐮𝐢𝐫𝐲 𝐑𝐞𝐩𝐨𝐫𝐭 @ https://www.alliedmarketresearch.com/purchase-enquiry/A15544

Leading Segment

Among the various technologies employed in process water treatment, the distillation segment held the largest market share in 2020, comprising nearly one-tenth of the global market. Moreover, this segment is anticipated to witness the highest CAGR of 8.6% during the forecast period, driven by government encouragement and stringent regulations pertaining to wastewater discharge. The report provides detailed analysis across segments including activated carbon filters, chlorination, electrodeionization, ion exchange, microfiltration, nanofiltration, reverse osmosis, ultrafiltration, and others.

Key Market Players

Some of the major players operating in the global process water treatment market include:

Advantage Engineering, Inc.
BWT
DuPont
Evoqua Water Technologies LLC
Lenntech B.V.
Pentair Plc.
Samco Technologies, Inc.
Spirax Sarco Limited
SUEZ
Water Professionals
Yasin Porozheh Company
These companies are implementing various strategies to strengthen their market presence and cater to the evolving needs of consumers.

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Regional Insights

In terms of regional dominance, Asia-Pacific, followed by North America, accounted for the largest market share in 2020, collectively representing nearly one-third of the market. Asia-Pacific is projected to witness the highest CAGR of 7.5% during the forecast period, driven by increased demand from municipal, industrial, and other end-users. Meanwhile, the North American market is expected to register a CAGR of 7.1% during the forecast period.

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About Us:
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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Allied Market Research
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