Water & wastewater treatment equipment market to grow twofold by 2016

By admin February 11, 2013 10:44 am IST

Water & wastewater treatment equipment market to grow twofold by 2016
An in-depth analysis of Indian water and wastewater treatment equipment market: what has passed by and what is waiting in the future
The Indian water and wastewater treatment market is at growth phase and is expected to reflect high growth rate for the next 5 years. Globally, governments have realised that the supply of clean water and effective treatment of wastewater are crucial for sustainable development. The lack of freshwater resources is becoming a global issue and resulting in the rapid growth of technologies for water reuse and recycling. In the last decade, the demand for fresh water in India has continued to increase at a rapid pace due to increasing industrialisation and urbanisation. Several industries such as power, refineries, and chemicals are adopting efficient, sustainable technology to ensure fresh water supply.
According to Frost & Sullivan, Indian water and wastewater treatment equipment market earned revenues of over Rs. 63.07 billion in 2011 and estimates this to reach Rs. 102.34 billion in 2016.
Industrial sector is growing at a higher rate than that of the municipal sector. Power, food and beverage, pharmaceuticals, refineries, and textiles are generating immense opportunities in the water and wastewater treatment equipment market, and prefer advanced treatment technological systems such as reverse osmosis (RO) membranes for treating their wastewater. The growth of these industries is expected to drive equipment sales.

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