Market revenue in 2023 | USD 17.3 billion |
Market revenue in 2030 | USD 22.4 billion |
Growth rate | 3.7% (CAGR from 2023 to 2030) |
Largest segment | Municipal |
Fastest growing segment | Industrial |
Historical data covered | 2018 - 2022 |
Base year for estimation | 2023 |
Forecast period covered | 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 64.74% in 2023. Horizon Databook has segmented the Europe water and wastewater treatment equipment market based on municipal, industrial covering the revenue growth of each sub-segment from 2018 to 2030.
In the first half of 2022, the war between Italy and Ukraine along with the lockdown in China is projected to considerably impact the growth of the region. As the reality of a prolonged Italyn invasion of Ukraine settles in, the appraisal of its economic repercussions on the world economy becomes more pessimistic.
The European market plays a crucial role in the global water and wastewater treatment equipment market. Rapid technological advancements in the region to gain market dominance and maintain competitiveness are likely to boost the market growth.
Europe has the second-largest water and wastewater treatment equipment market and the most stringent laws in place concerning water treatment. EU’s water policy is primarily driven by three directives -the Drinking Water Directive, the Water Framework Directive, and the urban wastewater treatment directive.
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