Water, Wastewater Disinfection Systems Market ‘$2.96bn by 2019’
Rapid industrialization and urbanization coupled with more stringent legislation is requiring more extensive water reuse, a need that will push revenues in the disinfection systems market from $1.94 billion in 2012 up to $2.96 billion in 2019, according to an analysis by Frost & Sullivan.
Global Water and Wastewater Disinfection Systems Market says Europe had the highest market share in 2012, followed by the Americas and Asia-Pacific. Frost & Sullivan predicts market growth in the Americas will slow due to the diversion of water utility funds.
The Asia-Pacific region will emerge as a market leader due to rapid population expansion, intensifying water demand and high industrialization rates, the analysis says.
The trend of water reuse and disinfection practices, particularly in water critical industries such as power, food and beverage and pharmaceuticals will have a profound impact on market prospects over the next five to seven years. However, the high cost of disinfection, a secondary treatment step in the water reuse cycle in non-food crop irrigation and industrial cooling, has prevented more widespread adoption, according to the analysis.
Developing and poorly developed countries are particular sensitive to cost. To fully leverage the enormous growth potential, particularly in developing regions, companies will need to provide cost-effective disinfection solutions, Frost & Sullivan says.
The firm also forecast a shift within the disinfection systems market. Chlorine-related disinfection, which still dominates with a market share of 38.7 percent, is expected to slow down. Meanwhile, UV and AOP disinfection, which is considered the next best alternative, will make up 33.7 percent of the market by 2019, according to the analysis.
The pulp and paper industry is expected to help drive growth in the global water and wastewater treatment market from $983.9 million in 2012 to $1.569 billion in 2020, according to a separate analysis released by Frost & Sullivan last month.
The market is expected to experience a 6 percent compound annual growth rate as rising water prices and tightening environmental standards force the pulp and paper industry to install high-end equipment to treat wastewater and reduce consumption, Frost & Sullivan says.
Energy Manager News
- Infineon Unveils Integrated LED
- Want a Green and Energy Conscious Business? Try These Ideas
- FMPA: Power Costs Expected to Dwindle 30% to 40% Within Years
- Name-Dropping: CUB and Illinois AG Say Nicor Advanced Energy Should Change Identity
- Saving Energy – In the Restroom
- UAB Getting First Solar Array
- California is Among the National Leaders in Energy Efficiency and Economic Gains
- Westerly, RI, Making Moves to Improve Municipal Efficiency