Market revenue in 2023 | USD 3.4 billion |
Market revenue in 2030 | USD 5.0 billion |
Growth rate | 5.7% (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 73.53% in 2023. Horizon Databook has segmented the India water and wastewater treatment equipment market based on municipal, industrial covering the revenue growth of each sub-segment from 2018 to 2030.
India is a highly populated country and the second-largest consumer of water and currently offers great opportunities for the water and wastewater treatment equipment market growth. Furthermore, positive developments in the country’s economic conditions are likely to foster developments in the wastewater treatment sector, which is conducive to the water and wastewater treatment equipment market growth.
Rising water scarcity, depleting groundwater levels, supply chain disruptions, and various government initiatives are all likely to drive the industry growth. In order to navigate safely through the challenges, Indian government is introducing new schemes, which is likely to augment the need for new and advance water & wastewater treatment equipment over the forecast period.
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