Market revenue in 2023 | USD 7.1 billion |
Market revenue in 2030 | USD 8.6 billion |
Growth rate | 2.9% (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 60.56% in 2023. Horizon Databook has segmented the U.S. water and wastewater treatment equipment market based on municipal, industrial covering the revenue growth of each sub-segment from 2018 to 2030.
The U.S. passed a new Public-Private Partnership (PPP) law to promote investments, in terms of upgrades and new establishment of desalination facilities and water purification plants, on a domestic level.
Increased R&D in ultrafiltration and microfiltration is expected to open new markets for wastewater and water treatment services in the U.S. over the forecast period, owing to the growing importance of membrane separation technology in the manufacturing sector.
Furthermore, increasing demand for nanofiltration-membrane separation technology due to its ability to soften water while retaining calcium and magnesium content is expected to have a positive impact on the market.
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