Asia Pacific Water And Wastewater Treatment Equipment Market Size & Outlook

The water and wastewater treatment equipment market in Asia Pacific is expected to reach a projected revenue of US$ 34,310.0 million by 2030. A compound annual growth rate of 5.8% is expected of Asia Pacific water and wastewater treatment equipment market from 2024 to 2030.
Revenue, 2023 (US$M)
$23,050.0
Forecast, 2030 (US$M)
$34,310.0
CAGR, 2024 - 2030
5.8%
Report Coverage
Asia Pacific

Asia Pacific water and wastewater treatment equipment market, 2018-2030 (US$M)

Asia

Related Markets

Asia Pacific water and wastewater treatment equipment market highlights

  • The Asia Pacific water and wastewater treatment equipment market generated a revenue of USD 23.1 billion in 2023.
  • The market is expected to grow at a CAGR of 5.8% from 2024 to 2030.
  • In terms of segment, municipal was the largest revenue generating application in 2023.
  • Industrial is the most lucrative application segment registering the fastest growth during the forecast period.
  • Country-wise, China is expected to register the highest CAGR from 2024 to 2030.


Asia Pacific data book summary

Market revenue in 2023USD 23.1 billion
Market revenue in 2030USD 34.3 billion
Growth rate5.8% (CAGR from 2023 to 2030)
Largest segmentMunicipal
Fastest growing segmentIndustrial
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD billion
Market segmentationMunicipal, Industrial
Key market players worldwideXylem 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


Other key industry trends

  • In terms of revenue, Asia Pacific region accounted for 35.1% of the global water and wastewater treatment equipment market in 2023.
  • Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
  • Asia Pacific is the fastest growing regional market and is projected to reach USD 34.3 billion by 2030.

Municipal was the largest segment with a revenue share of 67.1% in 2023. Horizon Databook has segmented the Asia Pacific water and wastewater treatment equipment market based on municipal, industrial covering the revenue growth of each sub-segment from 2018 to 2030.


According to the World Bank, Asia Pacific is the fastest-growing region in terms of both population and economic growth. Rapid urbanization, increased investments by governments, and rising consumer spending have boosted the Asian economy, thereby propelling infrastructure development in the construction industry. 

Emerging economies such as China, India, and Japan are the key countries driving the development of the manufacturing, and building & construction industries in this region. The competition among Chinese capital markets and a few other Asian economies is generating lucrative growth opportunities for the industries.

Over the past few years, the improving economy of emerging markets, including China, India, Thailand, Indonesia, and Malaysia, is forcing governments to frame supportive policies to promote investments in the extraction of natural resources, including crude oil and natural gas. High penetration of nitrogenous fertilizer manufacturing units in Australia.

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Water And Wastewater Treatment Equipment Market Companies

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Asia Pacific water and wastewater treatment equipment market size, by country, 2018-2030 (US$M)

Asia Pacific Water And Wastewater Treatment Equipment Market Outlook Share, 2023 & 2030 (US$M)

Asia Pacific water and wastewater treatment equipment market size, by country, 2018-2030 (US$M)

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