Industrial Water Purification System Manufacturers in APAC Witnessing High Demand
" The global industrial water purification system market is expected to witness a CAGR of over 8% to reach ~$50 billion by 2025 "
The global industrial water purification system market is expected to witness a CAGR of over 8% to reach ~$50 billion by 2025
Bangalore, India, July 18, 2019: With its recently published study “Global Industrial Water Purification System Market – Drivers, Restraints, Opportunities, Trends, and Forecast up to 2025”, Infoholic Research forecasts that the global market for industrial water purification system market will continue to grow owing to the increasing demand for industrial water purification systems from developing countries in APAC and Middle East. For instance, China is witnessing an increase in demand for industrial water purification systems mainly due to growing level of water pollution in the country, which has led to scarcity in pure water sources. In Middle East, the major demand is for desalinating the water for human consumption and industrial processing.
Advancements in water purification methods are driving the global industrial water purification system market, especially for membrane-based purification methods. There is huge R&D involved in developing efficient membranes across the world including carbon nanotube-based membranes and biomimetic membranes. This trend is expected to continue during the forecast period 2019–2025, fueling the industrial water purification system market growth at a CAGR of over 8% to reach $50 billion by 2025.
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Middle East is one of the leading revenue generators in the global industrial water purification system market with a major share of the market contributed by the UAE, Israel, and Saudi Arabia. Need for huge number of desalination plants is one of the major factors driving the industrial water purification systems market in the Middle East. APAC is one of the fastest growing market in the global industrial water purification system market with major growth witnessed in South Korea, Japan, and China.
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Reverse osmosis is one of the major technologies used by industries including food and beverage, pharmaceutical, and industrial manufacturing for water purification. It can help conduct recycling of water contaminated with chemicals including fluoride. Reverse osmosis is also widely used in power stations to remove minerals from the boiler water. Apart from reverse osmosis, filtration is the major part of the membrane-based filtration method. Major type of filtration method involves ultrafiltration, microfiltration, and nanofiltration.
“The cost of setting up an industrial water purification system is dependent on several factors including flow-rate requirements, quality of the incoming water stream, quality of water output required, and the construction costs. More complex purification requirements need expensive construction materials which can further add up to the cost.” analyzed Arjun Das, Senior Research Analyst, Infoholic Research
Key segments of the report include:
- By End-Users:
- Energy and Mining Industry
- Oil and Gas Industry
- Chemical Industry
- Industrial Manufacturing
- Food and Beverage Industry
- Pharmaceutical Industry
- Pulp and Paper Industry
- Textile Industry
- By Technologies:
- Iron Removal Filter
- Activated Carbon Filter
- Filtration Plants
- Reverse Osmosis Systems
- By Treatments:
- Raw Water Treatment Systems
- Boiler Feed Water Treatment Systems
- Cooling Tower Water Treatment Systems
- By Regions:
- Middle East
- Industry outlook: Market trends, drivers, restraints, and opportunities