Venezuela Water And Wastewater Treatment Equipment Market Size & Outlook
Venezuela water and wastewater treatment equipment market, 2018-2030 (US$M)
Related Markets
Venezuela water and wastewater treatment equipment market highlights
- The Venezuela water and wastewater treatment equipment market generated a revenue of USD 1.9 billion in 2023 and is expected to reach USD 2.8 billion by 2030.
- The Venezuela market is expected to grow at a CAGR of 5.2% 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.
Water and wastewater treatment equipment market data book summary
| Market revenue in 2023 | USD 1.9 billion |
| Market revenue in 2030 | USD 2.8 billion |
| Growth rate | 5.2% (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 |
Other key industry trends
- In terms of revenue, Venezuela accounted for 3.0% of the global water and wastewater treatment equipment market in 2023.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil water and wastewater treatment equipment market is projected to lead the regional market in terms of revenue in 2030.
- Venezuela is the fastest growing regional market in Latin America and is projected to reach USD 2.8 billion by 2030.
Municipal was the largest segment with a revenue share of 73.68% in 2023. Horizon Databook has segmented the Venezuela water and wastewater treatment equipment market based on municipal, industrial covering the revenue growth of each sub-segment from 2018 to 2030.
The economic situation in Venezuela is significantly unstable on account of the COVID-19 pandemic, unpayable debts, plunging oil production, and hyperinflation. Furthermore, political unrest in the country has deteriorated its economic condition significantly.
Furthermore, uneven distribution of water resources and inadequate wastewater management causing groundwater and surface water pollution has resulted in augmented demand for water and wastewater treatment plants. Factors such as the lack of maintenance of existing infrastructure, water wastage by the public, and water shortage have resulted in the demand for proper water and wastewater treatment systems.
The robust regulatory presence in the country, including the Organic Law on the Environment, Water Law, and Organic Law on the Provision of Drinking Water and Sanitation Services, is contributing positively to the water and wastewater treatment equipment market growth.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Water And Wastewater Treatment Equipment Market Scope
Water And Wastewater Treatment Equipment Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Venezuela water and wastewater treatment equipment market size, by application, 2018-2030 (US$M)
Venezuela Water And Wastewater Treatment Equipment Market Outlook Share, 2023 & 2030 (US$M)
Related industry reports
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
