Market revenue in 2023 | USD 2.1 billion |
Market revenue in 2030 | USD 3.0 billion |
Growth rate | 4.9% (CAGR from 2023 to 2030) |
Largest segment | Municipal |
Fastest growing segment | Industrial |
Historical data | 2018 - 2022 |
Base year | 2023 |
Forecast period | 2024 - 2030 |
Quantitative units | Revenue in USD billion |
Market segmentation | Municipal, Industrial |
Key market players worldwide | Xylem Inc, Pentair PLC, Evoqua Water Technologies, Ecolab Inc, DuPont de Nemours Inc, Calgon Carbon, Toshiba Corporation, Vivendi SE, Evonik Industries AG, Koch Industries, GE Aerospace, Aquatech, Ecologix Environmental Systems, Parkson Corporation, Lenntech B.V., SKion Water, SAMCO Technologies |
Municipal was the largest segment with a revenue share of 71.43% in 2023. Horizon Databook has segmented the Argentina water and wastewater treatment equipment market based on municipal, industrial covering the revenue growth of each sub-segment from 2018 to 2030.
Construction industry in Argentina is witnessing a decline in investments, thereby, negatively impacting the major infrastructure projects. This can be attributed to the contracting construction sector in Brazil due to corruption scandals, which, in turn, have led to the declining investors’ confidence across the region.
On the contrary, factors such as continued spending on pharmaceutical and healthcare sectors, a surge in investor acquisitions in real estate & consumer goods sectors, and the considerable interest among several market players in renewable energy investments are expected to augment the need for on-site water & wastewater treatment facilities, which is expected to have a positive impact on the market.
Argentina is the second-largest economy in Central & South America after Brazil, wherein the major contributors to the country's GDP include agriculture, construction, automotive, and mining industries. Moreover, increasing investments within the water & wastewater treatment sector are further expected to benefit the market growth.
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