Demand for water treatment equipment in the US is forecast to grow 5.9 percent per year to $13.0 billion in 2017. The resource extraction market will post the most rapid gains, followed by the recovering commercial and residential market. Disinfection and membrane equipment will be the fastest growing product segments.
This study analyzes the $9.8 billion US market for water treatment equipment. It presents historical demand data for 2002, 2007 and 2012, and forecasts for 2017 and 2022 by product (e.g., conventional filtration, membrane equipment, disinfection equipment), market (e.g., municipal, manufacturing, commercial and residential, resource extraction, power generation), and application (supply water, wastewater, process water, ultrapurification, desalination).
The study also considers market environment factors, details industry structure, evaluates company market share, and profiles 27 industry players such as General Electric, Siemens, and Pall.
US demand to grow 6.0% per annum through 2017
Total demand for water treatment equipment in the US is expected to grow 6.0% yearly through 2017, with gains expected in every major market. Advances will be supported by increasing concerns about the health and environmental impacts of biological contaminants, chemicals, and disinfection byproducts in supply water and waste-water, and by more stringent manu-facturing requirements for process water. Resource extraction, commercial and residential, and ballast water treatment are expected to be among the fastest growing markets for water treatment equipment, while the larger municipal and manufacturing markets are projected to expand at a healthy, near average rate.
Resource extraction to be fastest growing market
The resource extraction market is expected to show the most rapid gains among major markets through 2017, as the treatment requirements for produced water in oil and natural gas extraction continue to rise, and as water recycling and reuse increase to satisfy the needs of expanded hydraulic fracturing activities in the US. An expected rebound in mining output, especially for minerals, will also contribute to an increased need for water treatment equipment. In particular, rising demand will benefit conventional filtration systems, which are the most commonly used water treatment equipment in the resource extraction market. Expected new US EPA regulations in hydraulic fracturing will also benefit this market in the long term.
The commercial and residential markets for water treatment equipment are expected to continue to recover from the declines seen during the 2007-2009 economic recession, with demand boosted by greater consumer interest in drinking water quality, increased consumer confidence, and expanded commercial and residential construction activities. Point-of-entry membrane filtration, disinfection, and deionization equipment are expected to benefit the most from rising demand. The small market for ballast water treatment is expected to be the fastest growing market overall, as US ships will soon be required to have ballast water management systems, including membrane systems and ultraviolet disinfection equipment, installed onboard to prevent the spread of invasive marine and aquatic species between ecosystems.
The municipal market for water treatment equipment is expected to improve, experiencing healthy growth through 2017. Demand for membrane systems and disinfection equipment will benefit as the EPA implements new regulations that stipulate maximum allowable limits for disinfection byproducts, volatile organic compounds, perchlorates, and other potentially hazardous contaminants.
All major types of equipment to see good growth
Expanded manufacturing output in response to the improving US economy, as well as increasingly stringent manufacturing requirements, will support growth in demand for every major type of water treatment. The need for very high quality process water in a number of applications will support greater demand for reverse osmosis, ultrafiltration, nanofiltration, and disinfection equipment. Manufacturing water treatment equipment demand will also benefit from the recycling of wastewater.
Profiles 27 US industry competitors such as GE, Nalco (Ecolab), Pall, and Siemens
This study analyzes the US market for water treatment equipment and consumables. Products include conventional filtration systems and consumables such as replacement filters and activated carbon; membrane systems and replacement membranes; disinfection equipment and consumable items such as replacement ultraviolet light bulbs; and other types of equipment such as deionization equipment and distillation equipment. For the purposes of this study, the term “system” refers to the initial installed water treatment unit, “consumables” denotes replacement treatment components such as filters and membranes, and “equipment” refers to combined demand for both systems and consumables. Water treatment chemicals are excluded from this study, as are water supply products such as pumps, valves, hoses, and compressors. Markets include municipal; manufacturing (pharmaceuticals, food and beverage, electronics, petroleum refining, pulp and paper, other); commercial and residential (including point-of-entry water treatment equipment and pool treatment equipment, but excluding point of-use water treatment equipment such as faucet attachments and pitchers); resource extraction (oil, gas, and mining); power generation; and smaller markets such as agriculture, aquaculture, and ballast water treatment.