Market revenue in 2023 | USD 1.4 billion |
Market revenue in 2030 | USD 1.9 billion |
Growth rate | 4.6% (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 64.29% in 2023. Horizon Databook has segmented the Mexico water and wastewater treatment equipment market based on municipal, industrial covering the revenue growth of each sub-segment from 2018 to 2030.
Water pollution is one of the major environmental challenges in the country. The release of industrial effluents, untreated municipal sewage, and poor agricultural practices are some of the factors responsible for pollution in rivers and other water bodies.
Furthermore, poor access to a clean drinking water supply is also expected to increase the adoption of water and wastewater treatment equipment. The petroleum industry plays an important role in the economy of Mexico. The ongoing discoveries of oil & gas reserves and their exploration are expected to fuel the growth of water & wastewater treatment equipment market in the country.
The increasing investments in the chemicals, pharmaceuticals, food & beverages, and automotive sectors of Mexico are expected to play a crucial role in triggering the demand for water & wastewater treatment equipment in the country during the forecast period.
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