Market revenue in 2023 | USD 2.3 billion |
Market revenue in 2030 | USD 3.3 billion |
Growth rate | 5.3% (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 73.91% in 2023. Horizon Databook has segmented the Japan water and wastewater treatment equipment market based on municipal, industrial covering the revenue growth of each sub-segment from 2018 to 2030.
Various initiatives and advancements by the leading key players and government authorities is facilitating the wastewater treatment industry. With the introduction of Johkasou in 2006, the wastewater treatment situation in Japan has changed completely.
The growing focus on maintenance and modernization of the existing infrastructures, including transportation facilities and commercial institutions in Japan, is expected to augment the demand for water & wastewater treatment equipment in the country.
The rising awareness among the masses about water pollution is expected to have a positive impact on the growth of water & wastewater treatment equipment market in Japan during the forecast period.
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