Latin America Water And Wastewater Treatment Equipment Market Size & Outlook
Latin America water and wastewater treatment equipment market, 2018-2030 (US$M)
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Latin America water and wastewater treatment equipment market highlights
- The Latin America water and wastewater treatment equipment market generated a revenue of USD 9.7 billion in 2023.
- The market is expected to grow at a CAGR of 4.8% 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.
- Country-wise, Venezuela is expected to register the highest CAGR from 2024 to 2030.
Latin America data book summary
| Market revenue in 2023 | USD 9.7 billion |
| Market revenue in 2030 | USD 13.4 billion |
| Growth rate | 4.8% (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 |
Other key industry trends
- In terms of revenue, Latin America region accounted for 14.7% of the global water and wastewater treatment equipment market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 34.3 billion by 2030.
Municipal was the largest segment with a revenue share of 70.1% in 2023. Horizon Databook has segmented the Latin America water and wastewater treatment equipment market based on municipal, industrial covering the revenue growth of each sub-segment from 2018 to 2030.
The Central & South America region is characterized by various developing countries such as Brazil, Chile, Argentina, Ecuador, and Colombia. Most Central & South American countries with large current account deficits, including Brazil, Colombia, Argentina, and Venezuela, are reeling from the volatility in the regional market brought about by the BREXIT crisis.
The fall in investor confidence is expected to prevent oil prices from recovering and this is anticipated to affect the overall exports and fiscal revenue in oil-producing economies such as Ecuador, Colombia, and Venezuela.
Growing economic conditions in South American countries such as Brazil, Argentina, and Venezuela are attracting many large companies to set their production units in the region, which is likely to result in high demand for fresh and processed water.
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Water And Wastewater Treatment Equipment Market Scope
Water And Wastewater Treatment Equipment Market Companies
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Latin America water and wastewater treatment equipment market size, by country, 2018-2030 (US$M)
Latin America Water And Wastewater Treatment Equipment Market Outlook Share, 2023 & 2030 (US$M)
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