Finland Water And Wastewater Treatment Equipment Market Size & Outlook
Finland water and wastewater treatment equipment market, 2018-2030 (US$M)
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Finland water and wastewater treatment equipment market highlights
- The Finland water and wastewater treatment equipment market generated a revenue of USD 0.7 billion in 2023 and is expected to reach USD 0.9 billion by 2030.
- The Finland market is expected to grow at a CAGR of 3.5% 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 0.7 billion |
| Market revenue in 2030 | USD 0.9 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 |
Other key industry trends
- In terms of revenue, Finland accounted for 1.0% 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 Europe, Germany water and wastewater treatment equipment market is projected to lead the regional market in terms of revenue in 2030.
- UK is the fastest growing regional market in Europe and is projected to reach USD 2.8 billion by 2030.
Municipal was the largest segment with a revenue share of 57.14% in 2023. Horizon Databook has segmented the Finland water and wastewater treatment equipment market based on municipal, industrial covering the revenue growth of each sub-segment from 2018 to 2030.
The Government of Finland has restricted the discharge of untreated wastewater into lakes and rivers from large-scale industrial plants and private households.
The growing construction sector, along with the imposition of stringent government regulations in Finland to restrict the discharge of untreated water into water reservoirs, is expected to drive the growth of water & wastewater treatment equipment market
Rising government investment on sustainable infrastructure development, as well as continued investment in environmentally ecological assets, is expected to spur the market growth for Finland. The government also encourages businesses that emphasizes technological advancements and standardizing modern construction methods.
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Water And Wastewater Treatment Equipment Market Scope
Water And Wastewater Treatment Equipment Market Companies
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Finland water and wastewater treatment equipment market size, by application, 2018-2030 (US$M)
Finland Water And Wastewater Treatment Equipment Market Outlook Share, 2023 & 2030 (US$M)
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