Novel Technologies for Water Treatment to create Numerous Prospects
10 Sep 2020
Growth in urbanization and industrialization, wherein certain fields have offered development, it has also introduced diminishment in various other fields. No denial it is one of the major reasons for discharging a number of pollutants and its derivatives into the water environment. Organics, nutrients, and contaminants are the major pollutants that toxify both humans as well as the aquatic environment.
Owing to all these reasons, the focus on water treatment technology has been increased. Along with government initiatives the water treatment technology and solutions providing companies as well are coming up with advanced solutions. In recent years the industry has offered a number of advanced water treatment solutions` in order to enhance the quality of water. However, demand is still increasing in the market. On the other hand, market players are adopting various strategies and introducing new products. The market is getting prospered with numerous activities. Following are some of the recent happenings in the market-
New product launches to bring new dawn-
Recently, a wastewater treatment solution providing company, Moleaer, has introduced its new mobile nanobubble generator facility. The service aims to treat, preserve, and improve the quality of irrigation water with nanobubbles technology. Moreover, the trailer-mounted nanobubble system enhances flexibility, along with providing short-term treatment within a small amount of installation and removal costs.
Other than this, a novel and advanced water treatment system has been launched by Constant Chlor, a worldwide provider of complete and advanced water treatment solutions. The Constant Chlor® MC5 calcium hypochlorite disinfection system aims to provide services to wastewater plants, water treatment industrial units, and water retrieval facilities, along with sanitizing water in reservoirs, storing tanks, and other water resources. Moreover, the company is a part of the Sigura Brand and is very well known for providing simple and advanced water treatment solutions.
Water resources are robustly diminishing, due to which the demand for water treatment technologies is escalating. Over the past few years, the adoption rate of water treatment has been increased, which in turn, has increased the growth of the market. According to a report published by Allied Market Research, the global water treatment technology market is anticipated to reach $192.71 billion by 2022. Stringent government regulations over industrial and municipal wastewater disposal and growing demand for recycling and reuse technology for water treatment are the major factors driving the growth of the market globally.
Water is the prime necessity, and the growing urbanization and population have increased the rate of wastewater. This factor has fueled the requirement for cost-efficient solutions for water treatment. On the other hand, the surge in market activities has introduced numerous technologies in the field. This not only increased the efficiency but also the quality of the market products. Furthermore, the rising awareness regarding the reuse of water has drawn the focus of the companies to develop technologies that can utilize the available wastewater.
The factors such as increasing focus towards advanced technologies for water treatment by the market players in the industry and rising attentiveness regarding the benefits of water treatment anticipates growing the market demand. Furthermore, the increasing scarcity of water shows the vitality of wastewater treatment, therefore increasing its requirement. Nevertheless, the initiatives to reduce the cost associated with water treatment technology, untapped geographical regions, and the growing need for recycling and utilization of wastewater expands the scope of the products in the market. Moreover, the research & development for further advancements and novel solutions by the industry players forestall to usher a number of prospects in the near future.
Chief editor of review team at FinancesOnline
Chief editor of review team at FinancesOnline Alex Hillsberg is an expert in the area of B2B and SaaS related products. He has worked for several B2B startups in the past and gathered a lot of first hand knowledge about the industry during that time.