China Water And Wastewater Treatment Equipment Market Size & Outlook
China water and wastewater treatment equipment market, 2018-2030 (US$M)
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China water and wastewater treatment equipment market highlights
- The China water and wastewater treatment equipment market generated a revenue of USD 8.6 billion in 2023 and is expected to reach USD 13.1 billion by 2030.
- The China market is expected to grow at a CAGR of 6.1% 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.
Water and wastewater treatment equipment market data book summary
| Market revenue in 2023 | USD 8.6 billion |
| Market revenue in 2030 | USD 13.1 billion |
| Growth rate | 6.1% (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 |
Other key industry trends
- In terms of revenue, China accounted for 13.1% of the global water and wastewater treatment equipment market in 2023.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China water and wastewater treatment equipment market is projected to lead the regional market in terms of revenue in 2030.
- China is the fastest growing regional market in Asia Pacific and is projected to reach USD 13.1 billion by 2030.
Municipal was the largest segment with a revenue share of 60.47% in 2023. Horizon Databook has segmented the China water and wastewater treatment equipment market based on municipal, industrial covering the revenue growth of each sub-segment from 2018 to 2030.
The increasing government support and the rising disposable income are also positively influencing the growth of water and wastewater treatment equipment market in China. Increasing population, improving economic conditions, and expanding production units are expected to result in a rise in demand for fresh and processed water in the country.
This is anticipated to have a positive impact on the growth of the water and wastewater treatment equipment market in China over the forecast period. The flourishing mining industry in China owing to the abundance of rare earth minerals, steel, and copper is expected to play a critical role in increasing the usage of sludge treatment technologies for landfills in the country.
The growing popularity of activated carbon as a material for water purification on a domestic level is also expected to promote the usage of water and wastewater treatment equipment. The government initiatives in China aimed at improving the infrastructure are expected to play an important role in the establishment of water management utilities in the country.
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Water And Wastewater Treatment Equipment Market Scope
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China water and wastewater treatment equipment market size, by application, 2018-2030 (US$M)
China Water And Wastewater Treatment Equipment Market Outlook Share, 2023 & 2030 (US$M)
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