Ultraviolet Disinfection Equipment Demand to Grow Nearly 8% Annually
September 12, 2017 (Investorideas.com Newswire) Global demand for ultraviolet disinfection equipment is forecast to rise 7.9% annually to $1.5 billion in 2021. Gains will be driven by the increased use of UV techniques to replace or -- in most cases -- augment traditional chemical treatment in both municipal and industrial water treatment applications. These and other trends are presented in Global Water Disinfection Equipment Market, a new study from The Freedonia Group, a Cleveland-based industry research firm.
Demand for UV equipment is expected to show healthy growth in almost every region of the world. The US is the largest market for UV equipment, with growing demand supported by declining chemical use in response to regulations covering disinfection byproduct levels. UV equipment demand will also be strong in countries with growing manufacturing industries that require ultrapure water; this includes both developed markets such as the US and nations at various stages in the industrialization process, such as Brazil, China, India and Iran. In less industrialized markets, UV equipment demand is rising at a strong pace, although generally from a small base. The high cost of UV equipment relative to chemical biocides will serve to keep these markets fairly small.
Global demand for all types of water disinfection equipment is expected to reach $4.4 billion in 2021 on annual gains of 6.2%. In developed markets such as the US and Western Europe, disinfection equipment is already fairly common in all major markets. However, as users seek to further reduce chemical use and improve water quality in all applications, there will still be room for further gains. In developing regions, water disinfection equipment faces substantial competition from inexpensive bulk chemicals. However, expanding and modernizing water treatment infrastructure and stricter environmental regulations will provide opportunities for growth.
Global Water Disinfection Equipment Market (published 08/2017, 254 pages) is available for $6100 from The Freedonia Group. For further details or to arrange an interview with the analyst, please contact Corinne Gangloff by phone 440.684.9600 or email firstname.lastname@example.org.
Related studies include:
#3537 Global Water Treatment Chemicals Market, 2nd Edition (June 2017)
#3443 Global Air & Fluid Filters Market (January 2017)
About The Freedonia Group, a division of MarketResearch.com – The Freedonia Group is a leading international industrial research company publishing more than 100 studies annually. Since 1985, we have provided research to customers ranging in size from global conglomerates to one-person consulting firms. More than 90% of the industrial companies in the Fortune 500 use Freedonia Group research to help with their strategic planning. Additional Chemicals studies can be purchased at www.freedoniagroup.com, www.marketresearch.com and www.profound.com.
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