31 May
2022
Due to excessing industrial activities around the world, a large volume of wastes is produced. This factor leads to contamination of drinking water sources. Also, as most of the countries face scarcity of potable water, waste water is being reused. Some of the most innovative water treatment technologies are membrane filtration, UV irradiation, advanced oxidation, nanotechnology, and RO purification that has improved the efficiency and sustainability of drinking water or wastewater treatment.
Get a Detailed Insight on Water Treatment Technologies
Current market scenario of water treatment technology industry: -
According to a report published by Allied Market Research, the global water treatment technology market size is anticipated to reach $265.9 billion with a considerable CAGR from 2021 to 2030. The Asia-Pacific region is expected to grow at the fastest rate, owing to a significant increase in scarcity of freshwater sources in countries like China, India, Australia, Japan, and Korea. These emerging economies emphasize on development of water treatment plants to reduce the scarcity of fresh water, which in turn, is providing lucrative opportunities to the key market players to expand their business in the region.
Furthermore, rise in R&D activities and technological advancements for the development of energy efficient water technology systems are contributing to the growth of the market to a great extent. With the introduction of automation, remote control, and communication technologies in water treatment system, the market is expected to boost even more in the near future
Koyel Ghosh
Authors Bio- Koyel Ghosh is a blogger with a strong passion and enjoys writing in miscellaneous domains, as she believes it lets her explore a wide variety of niches. She has an innate interest in creativity and enjoys experimenting with different writing styles. A writer who never stops imagining, she has been serving the corporate industry for the last five years.
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