Water Filtration Products in Municipal Markets to Grow 5.8% Annually Worldwide
December 14, 2017 (Investorideas.com Newswire) Globally, demand for water filtration products in the municipal market is expected to rise 5.8% per year to $27.2 billion in 2021. In developing regions, expanding infrastructure, increasing access to treated water supplies and wastewater treatment, and stricter standards for drinking quality will support rigorous gains. More mature markets will exhibit slower growth going forward, with increases promoted by improvements to existing, aging water management systems. These and other trends are presented in Global Water Filtration Equipment Markets, a new study from The Freedonia Group, a Cleveland-based industry research firm.
Sand filtration accounts for a major share of water filtration activities, although its extremely low cost means that these products represent a fairly small share of demand in dollar terms. Going forward, conventional filtration demand in the municipal market will be boosted by the continued reliance on these products, despite growing use of more sophisticated membrane separation systems.
Over the past decade, membrane systems have been increasingly used in municipal water filtration activities to meet stricter water treatment standards, which include limits on contaminants in water and reduced dependence on potentially harmful water treatment chemicals. By 2016, membrane systems surpassed conventional filtration in the municipal market in dollar terms. According to analyst Emily Park, "Membrane demand in the municipal market is expected to continue to expand its share of the market through 2021."
Global Water Filtration Equipment Markets (published 11/2017, 296 pages) is available for $5900 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 email@example.com.
Related studies include:
- #3563 Global Water Disinfection Equipment Market (August 2017)
- #3537 Global Water Treatment Chemicals Market, 2nd Edition (June 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. Other Water Treatment studies can be purchased at www.freedoniagroup.com, www.marketresearch.com, and www.profound.com.
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