Americas Packaged Water Treatment System Market 2022: Industry Trends, Key Players, Overview, and Regional Forecast by 2030
Americas Water Treatment Systems Market Industry Overview:
As per the evaluation by Market Research Future Reports
(MRFR), the global Americas
packaged water treatment system market Industry is projected to
value USD 3,557.7 million, rising at a CAGR of 4.62% by the end of 2030.
Key Players
The established market competitors of Americas Packaged
Water Treatment System Market are RWL Water (U.S.), GE Water & Process
Technologies (U.S.), WesTech Engineering Inc. (U.S.), Napier-Reid Ltd.
(Canada), Enviroquip (U.S.), Smith & Loveless Inc. (U.S.), Corix Water
System (Canada), and a few more.
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The low space requirement and low cost is the most
significant factor influencing the global Americas Water Treatment Systems
Market Industry 2020. These are really befitting for residential complexes
and small industries. There have been several initiatives taken by the
government which propels the market. The demand for systems that are portable
and require lesser processing time is majorly driving the market. These systems
lessen the labor work, complex installation process, and civil works.
Moreover, the rapid urbanization and industrialization in emerging economies
are likely to escalate market growth. Besides, the increasing population has
led to the decrement in the level of freshwater, which has resulted in the
augmentation of the treatment system market. Furthermore, the increasing
inclination towards environmental safety has resulted in the authorities
deploying stringent rules for wastewater management. However, high maintenance
and high operational prices are projected to impede market expansion during the
assessment period.
The research performed by MRFR tracks the aftermath of the
COVID-19 pandemic. Furthermore, a precise evaluation of factors augmenting and
impeding the market in the post-COVID-19 environment has been analyzed. We will
provide COVID-19 impact analysis with the report.
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Market Segmentation
The worldwide Americas packaged water treatment system
market Industry can be classified into type, application, and regions.
On the grounds of the type, the worldwide Americas packages
water treatment market can be classified into extended aeration, MBR, MBBR,
SBR, reverse osmosis, and others.
On the grounds of application, the worldwide Americas
packages water treatment market can be classified into industrial, municipal,
and others.
On the grounds of regions, the worldwide Americas packages
water treatment market can be classified into North America and Latin
America.
Regional Analysis
The geographical evaluation of North America and Latin
America has been performed. As per the analysis, the global Americas packaged
water treatment plant market is dominated by North America. The region has
dominated the market by acquiring 73.52% in 2015. The region is anticipated to
maintain the position during the review period. The region is speculated to
grow at a CAGR of 5.20% during the review period. The lack of pure water for
consumption is estimated to be the most significant factor driving the market
in North America. The market expansion can be attributed to the shares by
Texas, Arizona, and California, among others.
In addition, the stringent regulations have made the usage
of such systems mandate by the residences and industries. Also, the region has
experienced an ample amount of investment in research and development, which
additionally propels the market. Furthermore, the surging demand for the oil
& gas industry is anticipated to be another significant leading the market
expansion during the assessment period. However, the growth of Latin America is
speculated to be lesser as compared to North America, thriving at a CAGR of
2.90% during the forecast period.
The outbreak of COVID-19 is likely to change the market
dynamics of several regions. Several markets have been influenced significantly
due to the observation of nationwide lockdown in various countries.
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