Market revenue in 2023 | USD 1.8 billion |
Market revenue in 2030 | USD 2.3 billion |
Growth rate | 3.5% (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 61.11% in 2023. Horizon Databook has segmented the Canada water and wastewater treatment equipment market based on municipal, industrial covering the revenue growth of each sub-segment from 2018 to 2030.
The growing volume of wastewater generated by hotels, offices, and institutions is anticipated to have a positive impact on the water treatment market, which will further drive the water and wastewater treatment equipment market.
Furthermore, increased industrial wastewater from various industries such as beverage and beer firms, sugar processing, metal processing, and photofinishing is expected to boost the growth of the market for water and wastewater treatment equipment over the forecast period.
The Canadian water and wastewater treatment market is expected to grow as a result of rising household and commercial spending on industry services, technological advancement, and strong economic performance, as well as increased funding for water treatment facilities.
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