Market revenue in 2023 | USD 2.5 billion |
Market revenue in 2030 | USD 3.4 billion |
Growth rate | 4.7% (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 72% in 2023. Horizon Databook has segmented the Brazil water and wastewater treatment equipment market based on municipal, industrial covering the revenue growth of each sub-segment from 2018 to 2030.
According to British Petroleum’s World Energy 2021 statistical analysis, Brazil or was the leading oil producer in Central & South America. In 2020, the nation produced 3.026 million barrels of oil per day at a rate of 5.2%. Increasing chemical manufacturing activities and ongoing oil & gas activities in the country are anticipated to increase the need for water and wastewater treatment equipment market.
The growth of the manufacturing industry in Brazil is expected to be driven by the rise in investments for carrying out infrastructure development projects. For instance in March 2023, the ArcelorMittal is building the new water treatment plant for its rolling mill facility in Brazil. The new treatment plant is operational by third quarter of 2024.
The automobile, food & beverage, and pharmaceutical industries are expected to witness significant growth in light of rapid urbanization, population growth, and rising purchasing power among consumers, which, in turn, is likely to support market expansion over the forecast period.
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