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BWT to invests up to EUR5 mln in purified water dispensers
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BWT expands partnership with Formula 1 to build lasting change as Official Water Technology Partner
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Wastewater & Water Treatment Equipment Market 2021, Industry Analysis, Size, Share, Growth, Trends and Forecast to 2027
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Wastewater & Water Treatment Equipment Market 2021, Industry Analysis, Size, Share, Growth, Trends and Forecast to 2027
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Report, published by Allied Market Research, forecasts that the global market is expected to garner $6.6 billion by 2022, registering a CAGR of 8.9% during the period 2016-2022. Asia-Pacific is expected to maintain its leading position through 2022 owing to technological developments and rising awareness, backed by the increasing disposable income. Water softening technology is anticipated to maintain its dominance throughout the analysis period, followed by filtration methods.
Water softeners lead the market on account of the widespread usage primarily among the residential customers. Water filtration is the next prominent technology due to heavy demand from the industrial sector. The food & beverage and semiconductor and electronics industries constitute a sizable demand for water filters.