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Water & Wastewater Treatment Equipment Industry | Cutting-Edge Tech Cleaning Up Our Wastewater

12/18/2023

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Global water & wastewater treatment equipment industry database, published by Grand View Research’s is a collection of market sizing information & forecasts, competitive benchmarking analyses, macro-environmental analyses, and regulatory & technological framework studies. Within the purview of the database, such information is systematically analyzed and provided in the form of outlook reports and summary presentations on individual areas of research.


The economic value generated by the water & wastewater treatment equipment industry was estimated at approximately USD 63.4 billion in 2022. The demand for clean water is significantly increasing across the world owing to increasing agriculture and industrial activities. The clean water reservoirs are depleting fast due to the increasing water withdrawals from groundwater and surface water along with rising global warming. This is expected to increase the demand for water & wastewater treatment equipment over the forecast period.


Access the Global Water & Wastewater Treatment Equipment Industry Data Book from 2023 to 2030, compiled with details by Grand View Research


Primary Water & Wastewater Treatment Equipment Market Analysis & Forecast


The global primary water and wastewater treatment equipment market size was estimated at USD 12.3 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 3.9% from 2023 to 2030. Rising awareness regarding water pollution and environmental degradation is anticipated to boost the demand for wastewater management plants, thereby augmenting the market growth. The construction of new housing projects is predicted to increase quickly, and the number of people utilizing centralized sludge management systems is expected to rise. These factors are expected to boost the demand for primary water and wastewater treatment equipment. Additionally, it is anticipated that capacity expansion and the development of new production facilities will have a beneficial impact on market growth.


The demand for primary treatment for industrial discharge and waste is expected to be driven by the stringent regulations enforced by the national governments, along with rising awareness regarding water and sludge management. Governing authorities in various countries are funding R&D for water and wastewater treatment, which is expected to fuel market growth. In addition, companies are also trying to develop systems to increase primary treatment capacities where there is limited or less space or cost considerations to install more advanced treatment equipment. The use of primary treatment equipment such as screens or grit chambers is expected to grow in rural areas, especially in African countries where awareness about sewage treatment is beginning to grow.


Secondary Water & Wastewater Treatment Equipment Market Analysis & Forecast


The global secondary water and wastewater treatment equipment market size was estimated at USD 23.3 billion in 2022 and is expected to grow at a compounded annual growth rate (CAGR) of 4.3% from 2023 to 2030. The primary drivers of this market growth are rising water pollution levels in developing nations like Korea, India, China, Japan, and Malaysia, as well as rising concerns about water scarcity and the need for freshwater resources due to rapidly growing urbanization.


The demand for clean water is significantly increasing across the world owing to increasing agriculture and industrial activities. The clean water reservoirs are depleting fast due to the increasing water withdrawals from groundwater and surface water along with rising global warming. This is expected to lead to increased demand for secondary water & wastewater treatment equipment over the forecast period. Global oil & gas production is likely to witness significant growth from non-OPEC countries and developing countries. Growing demand for energy, shale gas, tight gas, and coal bed methane (CBM) on account of the maturity of the conventional oil & gas resources market is expected to be a major driver triggering the growth of the secondary water & wastewater treatment equipment industry.


The global refinery output was 75,222 thousand barrels per day in 2010, which reached 79,229 thousand barrels per day in 2021. This is driven by the increasing demand for oil-based fuels due to high industrial growth. Strong demand from refineries has been one of the major drivers for the secondary water and wastewater treatment equipment industry. The trend is anticipated to continue over the forecast period. Increasing investments in the exploration and production activities by the oil & gas companies in the U.S. are anticipated to boost the demand for secondary water and wastewater treatment equipment in the oil & gas industry. The rising number of infrastructure upgrades, in terms of changing or the installation of new pipelines, is expected to have a positive impact on the growth of the market.


Order Free Sample Copy of Water & Wastewater Treatment Equipment Industry Data Book published by Grand View Research 


Tertiary Water & Wastewater Treatment Equipment Market Analysis & Forecast


The global tertiary water & wastewater treatment equipment market size was estimated at USD 27.9 billion in 2022 and is anticipated to grow at a compound annual growth rate (CAGR) of 4.8% from 2023 to 2030. The market growth is driven by factors such as rising urbanization, rapid population growth, the rising need for clean water resources, and the increasing frequency of waterborne diseases. Furthermore, the growing demand for energy-efficient and advanced technologies is anticipated to propel the market growth over the forecast period.


Tertiary treatment is used as the final cleaning step for water before it is reused, recycled, or discharged into the environment. The residual inorganic compounds and pollutants, bacteria, viruses, and parasites are eliminated during this procedure, making the water suitable for reuse.The market is expected to benefit from increasing demand for activated carbon for eliminating residual hazardous compounds in wastewater. These factors are expected to propel the growth of the industry in the coming years. For instance, in November 2020, Koch Separation Solutions acquired RELCO, which offers cutting-edge process technologies for the dairy and food & beverage industries. This strategy was intended to expand the company’s scope of capabilities in the dairy and food & beverage industries.


Furthermore, the Brihanmumbai Municipal Corporation invited tenders for its advanced tertiary treatment plant project in September 2022, with the goal of recycling and reusing effluent water for potable uses. Photocatalytic degradation methods have been extensively used in recent years to eliminate organic contaminants in wastewater and effluents. As a developing destruction technique, advanced oxidation processes (AOPs) have been developed, resulting in the complete mineralization of the majority of organic pollutants. These factors are expected to drive the demand for tertiary water & wastewater treatment equipment.


Moreover, stringent government regulations such as the U.S. EPA and Clean Water Act related to wastewater emission, coupled with the launch of innovative tertiary clarifiers, are expected to drive the demand. For the primary, secondary, or tertiary clarity processes, turbidity removal, softening, or thickening applications, Ovivo offers dependable and robust mechanisms, such as the bioreactor-clarifier, to assure optimal performance. The biochemical oxidation of organic molecules in a contact-weighted load can be intensified using bioreactors-clarifiers for tertiary treatment of urban wastewater using dissolved technical oxygen. This results in the increased efficacy of wastewater treatment by BOD and other components. 


Key players operating in the water & wastewater treatment equipment industry are –
• Evoqua Water Technologies LLC
• Pentair plc
• Ecolab Inc.
• DuPont
• Xylem, Inc.
• Calgon Carbon Corporation
• Toshiba Corporation
• Veolia Group
• Aquatech International LLC
• Ecologix Environmental Systems, LLC
• Evonik Industries AG
• Lenntech B.V.
• Parkson Corporation
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The Filters Industry: A Multifaceted Market with Crucial Applications

12/10/2023

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Global filters industry database is a collection of market sizing information & forecasts, trade data, pricing intelligence, competitive benchmarking analyses, macro-environmental analyses, and regulatory & technological framework studies. Within the purview of the database, such information is systematically analyzed and provided in the form of outlook reports (1 detailed sectoral outlook report) and summary presentations on individual areas of research.


Mobil & Engine Filters Market Analysis & Forecast


The global mobil & engine filters market size was estimated at USD 11.2 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 3.8% from 2023 to 2030. The fuel filters segment dominated the mobile & engine filters market in 2022, with a share of 38.4%. Fuel filters are an essential component for internal combustion engines as they screen the fuel for possible contaminants. The truck companies are investing in increasing their production capacities with an increase in demand, thus leading to increased demand for fuel filters. Furthermore, adoption of MRO services by several trucking and transport agencies for timely maintenance of their truck and bus fleet. Is expected to increase the aftermarket sales for fuel filters. 


Access the Global Filters Industry Data Book from 2023 to 2030, compiled with details by Grand View Research


Hydraulic & Lube Filters Market Analysis & Forecast


The global hydraulic & lube filters market size was estimated at USD 5.1 billion in 2021 and is expected to grow at a compound annual growth rate (CAGR) of 5.7% from 2022 to 2030. A rise in product demand in various application industries including automotive, power generation, marine, manufacturing, construction, mining, and agriculture is expected to add growth prospects to the market over the forecast period. The performance of every hydraulic filter is measured based on its contamination removal efficiency, thus ensuring reduction or no hydraulic fluid leakage due to clogging in the hydraulic system. The pressure side filters are anticipated to dominate the overall hydraulic & lube filters market in 2022 followed by the return side filters and the trend is likely to ascend at a positive rate over the forecast period owing to their wide application especially in the construction application segment.


Pressure side filters help remove particles and contaminants from oil used in a hydraulic system. These filters are placed between the pump and actuators and used for medium to high-pressure hydraulic filtration. High-pressure filter is the most common type of pressure filter used in the hydraulic system. These filters are stocked with a bypass check valve, which is fitted directly in the back of the pump that enables it to become main filter for the complete flow for oil that helps to protect all hydraulic component against wear and tear.


Process Filters Market Analysis & Forecast


The global process filters market size was estimated at USD 15.4 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 6.6% from 2023 to 2030. Liquid filtration systems dominated the process filters market in 2022, with a revenue share of 68.20%, and is expected to rise at a CAGR of 6.4% over the forecast period. This is attributed to widespread usage of liquid filtration systems in several industries including food & beverage, wastewater treatment, power generation, mining, chemicals, and pharmaceuticals, for removal of contaminants from process water, chemicals, and beverages.


Several kinds of process filters such as backflushing filters, bag filters, cartridge filters, and membrane filters are utilized for liquid filtration applications in marine, food & beverages, water & wastewater treatment, power generation, chemicals, pharmaceuticals, mining, microelectronics, and snowmaking industries. They are used for filtering out oils, process water, wine & other beverage items, and chemicals.


Industrial Air Filters Market Analysis & Forecast


The global industrial air filters market size was estimated at USD 2.95 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 8.1% from 2023 to 2030. The use of industrial air filters in verticals dealing with manufacturing processes is expected to increase the product demand over the forecast period owing to the increasing concern towards reducing the risk of microbiological as well as molecular contamination in industrial premises. Industrial air filters products such as dust collectors, oil mist collectors, HEPA filters, and wet scrubbers are commonly used industrial air filters in various end-use industries to help control the generation of hazardous, toxic, and radioactive gas streams. 


Order Free Sample Copy of Filters Industry Data Book, published by Grand View Research


Compressed Air Dryers and Compressed Air Filters Market Analysis & Forecast


The global compressed air dryers and compressed air filters market size was estimated at USD 5.63 million in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 7.4% from 2023 to 2030. Extensive use of compressed air dryers and air filters for removing particulate, oil, and mist, which could affect the performance of compression systems used in various end-use industry is expected to increase the product utilization over the forecast period. Oil removal application is expected to dominate the market in 2022 based on revenue and the trend is expected to remain the same over the forecast period. This growth in the application segment is attributed to the extensive accumulation of fluid during the operation which gets spilled from the hydraulic system or during refueling activities especially in machining, construction, and automotive industries.


Extensive use of compressed air in oil & gas industries involving operations such as oil transport, powering pneumatic tools, fans & pumps, and cleaning is anticipated to have a positive impact on the market growth over the forecast period. The use of dryers and filters to separate water vapors and contamination from crude oil & natural gas helps in minimizing hydrate formation, combustibility issues, and line regulator freezing.


Key players operating in the filters industry are –

• 3M
• Parker Hannifin Corporation
• Donaldson Company, Inc.
• Man+Hummel GmbH
• Cummins Inc.
• Santorius AG
• Danaher Corporation (Pall Corporation)
• Camfil Group
• American Air Filter Company, Inc.
• SOGEFI Spa
• HYDAC
• Filtration Group
• Atlas Copco
• Ingersoll Rand
• SPX Flow


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The Future of the Enzymes Industry: A Look at the Latest Trends and Developments

12/5/2023

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Global enzymes industry data book is a collection of market sizing information & forecasts, trade data, pricing intelligence, competitive benchmarking analyses, macro-environmental analyses, and regulatory & technological framework studies. Within the purview of the database, such information is systematically analyzed and provided in the form of outlook reports (1 detailed sectoral outlook report) and summary presentations on individual areas of research along with a statistics e-book.


Industrial Enzymes Market Analysis & Forecast


The global industrial enzymes market size was valued at USD 6.96 billion in 2022and is expected to grow at a compound annual growth rate (CAGR) of 6.4% from 2023 to 2030. This is due to the growing demand for industrial enzymes in several applications such as animal feed, food & beverage, and nutraceutical. Increasing consumer awareness about health has resulted in the growing use of functional food products, which is expected to trigger product demand in the coming years.


Microorganisms are rapidly becoming a key source of enzymes, owing to their low production costs and easy availability of raw materials. End-use industries rely heavily on enzymes derived from microorganisms as they can be used to make a wide range of products. This, in turn, is anticipated to positively impact the demand for the industrial enzymes industry. The demand is projected to be positively impacted over the forecast period by the rising consumption of functional food products due to the growing awareness of a person's health. Cellulose and amylase are the two subtypes of carbohydrate. It is frequently utilized as a component in the creation of carbonated beverages. Increased use of various types of carbohydrase in the pharmaceutical and animal feed industries would further increase demand for industrial enzymes in the coming years.


The COVID-19 pandemic had a positive impact on various end-use industries around the world, causing a supply-demand gap. The demand for the product in biofuel and textiles was moderately impacted by a demand-supply gap combined with the global lockdown of the automotive industry. However, the market experienced positive demand during the pandemic due to the increased adoption of enzymes in various industries such as animal feed, food, and cleaning products.


Access the Global Enzymes Industry Data Book from 2023 to 2030, compiled with details by Grand View Research
 
Specialty Enzymes Market Analysis & Forecast


The global specialty enzymes market size was valued at USD 5.32 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 6.6% from 2023 to 2030. This is attributable to the specific yield optimization and catalytic reaction properties of specialty enzymes. Pharmaceutical manufacturers across the globe have incorporated these specialty enzymes on account of their expanding applications particularly in processing fine chemicals and pure pharmaceutical drugs. The shift in trend towards the adoption of specialty enzymes in order to reduce reliance on conventional enzymes has been observed in the last few years and hence these enzymes are expected to penetrate the overall industry growth. Specialty enzymes are widely used to manufacture drugs to treat some fatal diseases such as cardiovascular diseases, cancer, and pain caused by age, asthma, hay fever, and lysosomal storage disorders in the pharmaceutical industry. The increasing prevalence of such diseases coupled with the growing geriatric population particularly in the U.S., Europe, and Japan is also expected to have a positive influence on industry growth.


Growth of the global pharmaceutical industry, growing number of biotechnology R&D, and advancement in enzyme engineering & green chemistry are expected to fuel the market over the forecast period. Difficulty in maintaining pH and operational temperature of specialty enzymes is expected to remain a key concern for key players. Legal & ethical issues coupled to lack of awareness among consumers regarding the benefits of specialty enzymes particularly in developing countries is also expected to pose threat to the market growth. However, the growing industrialization rate and advanced technologies adopted in the pharmaceutical industry in emerging markets of BRIC nations is expected to hold future opportunities for industry participants.


North America emerged as the largest regional specialty enzyme market owing to the presence of niche consumers and advanced technologies. An increase in population and growth in disposable income among consumers in emerging markets of China and India is expected to drive the industry demand in the Asia Pacific region. China, India, and Brazil are expected to be the most lucrative regional markets for specialty enzymes. Some of the key specialty enzyme manufacturers include Advanced Enzyme Technology Ltd. Affymetrix Inc., Advanced Enzyme Technology Ltd., Amano Enzyme Inc., Bbi Enzymes Ltd., Basf, Codexis Inc., Nagase & Co. Ltd., Life Technologies, Roche Holding Ag., and Sanofi S.A among others.


Order Free Sample Copy of Enzymes Industry Data Book, published by Grand View Research




Key players operating in the enzymes industry are –


• BASF SE
• Associated British Foods Plc
• Advanced Enzyme Technologies
• DSM
• Novus International
• ABF Ingredients,
• Chr. Hansen Holding A/S,
• DuPont Danisco
• Lesaffre,
• Adisseo
• Novozymes AG


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Industrial Gases Industry: A Vital Sector For The Modern Economy

12/4/2023

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Global industrial gases sector data book is a collection of market sizing information & forecasts, trade data, pricing intelligence, competitive benchmarking analyses, macro-environmental analyses, and regulatory & technological framework studies. Within the purview of the database, such information is systematically analyzed and provided in the form of outlook reports (1 detailed sectoral outlook report) and summary presentations on individual areas of research along with a statistics e-book.


Oxygen Market Insights


The global oxygen gas market was valued at 644,075.3 million SCF in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 6.3% from 2023 to 2030. Manufacturing application accounted for the largest market share in 2022 and is projected to grow at second highest CAGR during the forecast period. The demand for oxygen in the manufacturing industry is projected to witness substantial growth in the developing economies owing to the growing manufacturing industry such as electronics, transportation, food, and chemicals in India, China, Brazil, and South Korea. The growing demand for advanced industrial gas- in the electronic industry, is expected to further propel the growth of this segment. Oxygen is used on a large scale in the electronic industry. The growing electronic industry is expected to drive the demand for oxygen. Moreover, owing to the recent outbreak of the pandemic, people around the world are practicing new ways of studying, working, and communicating through videoconferencing and other technologies. This recent trend is expected to have a lasting impact on semiconductor demand and open new possibilities for existing products and services thus driving the demand.


Access the Global Industrial Gases Industry Data Book from 2023 to 2030, compiled with details by Grand View Research
 
Nitrogen Market Insights


The global nitrogen gas market was valued at 436,775.5 million SCF in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 6.8% from 2023 to 2030. Nitrogen gas has high demand in the manufacturing sector for applications such as laser cutting, metal fabrication, and food packaging. It provides an inert atmosphere that prevents oxidation and maintains the quality of the manufactured products.


The manufacturing industry relies heavily on the market for a diverse range of applications. One of its primary uses is laser cutting, a popular method for precision cutting of metals and other materials. It is commonly used as an assist in laser cutting processes. It helps to cool the cut and remove debris, resulting in cleaner and more precise cuts. Additionally, nitrogen gas provides an inert atmosphere that prevents oxidation during the cutting process, reducing the risk of discoloration or corrosion on the cut surfaces.


Another significant application of the market in manufacturing is in metal fabrication. Nitrogen gas is utilized as a purge gas for welding processes such as TIG (Tungsten Inert Gas) and MIG (Metal Inert Gas) welding. By displacing oxygen in the vicinity of the weld, it helps prevent the formation of oxide scale, which could negatively impact the quality and strength of the weld joint. This ensures that the fabricated metal products retain their structural integrity and meet the required specifications. Thus, the market plays a vital role in the manufacturing industry, enabling precise laser cutting, maintaining the quality of metal fabricated products, and offering excellent preservation capabilities in food packaging.


Hydrogen Market insights


The global hydrogen gas market was valued at 251,958.6 million SCF in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 6.0% from 2023 to 2030. Growing welding processes in fabrication industry is expected to escalate the demand for hydrogen gas. The welding process primarily involves tungsten inert gas welding, metal inert gas welding, and brazing. The growing usage of metal in the automotive industry has spurred its demand over the past few years. In addition, the growing aerospace industry has propelled the usage of metal in aircraft production. The demand for automobiles is likely to skyrocket owing to the growing usage of automatic and electric vehicles. Rising individual disposable income coupled with a huge range of options in passenger cars at low prices has fueled the demand for vehicles across the globe. The rising purchase of automobiles is anticipated to fuel the demand for metal products, in turn, will positively influence the hydrogen gas market.


Carbon Dioxide Market Insights


The global carbon dioxide market was valued at 71,185.4 million SCF in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 5.1% from 2023 to 2030. The growing usage of metal in the automotive and aerospace industry is anticipated to drive demand for carbon dioxide over the projected years. The demand for automobiles surged during the period of Covid-19 owing to safety concerns regarding public transport. Shut down of public transport due to prolonged lockdown during the year 2020-21, compelled people to consider purchasing passenger cars for commuting purposes, and that also provided safety from Covid-19 infection. This factor triggered the demand for automobiles in countries like China, India, and the U.S. This factor is likely to bolster the demand for metal welding, as a result, will positively impact the carbon dioxide market over the forthcoming years.


Order your copy of the Free Sample of “Industrial Gases Industry Data Book - Oxygen, Nitrogen, Hydrogen, Carbon Dioxide, Argon and Acetylene Market Size, Share, Trends Analysis, And Segment Forecasts, 2023 - 2030” Data Book, published by Grand View Research.
  
Argon Market Insights


The global argon gas market was valued at 117,330.4 million SCF in 2022 and is projected to grow at a compound annual growth rate (CAGR) of 4.4% from 2023 to 2030. Growing personal vehicle purchase on the account of rising population coupled with growing individual disposable income in growing economies such as China, India, Brazil, U.S. and others is anticipated to positively impact argon gas market over the forthcoming years. National Association of Motor Vehicle Manufacturers in Brazil stated that the country’s automotive industry produced 152,666 units of vehicles in January 2023, which was an increase of around 5.0% from January 2022. The production included 125,060 passenger cars, 22,775 commercial vehicles, 4,049 trucks, and 782 buses. In addition, U.S.-based J.D. Power and LMC Automotive revealed that 1,013,700 units of passenger cars were estimated to be sold through retail business by the end of the year 2022 in the U.S. This factor is likely to propel the demand for argon over the projected years.


Acetylene Market Insights


The global acetylene gas market was valued at 29,322.4 million SCF in 2022 and is projected to grow at a compound annual growth rate (CAGR) of 4.1% from 2023 to 2030. The welding market has been experiencing significant growth in recent years, which has contributed to the increased demand for products as a fuel gas for welding. Welding is a process that involves joining two or more pieces of metal by heating the surfaces to their melting points, causing them to fuse together. Acetylene gas, when mixed with oxygen, produces a flame that can reach temperatures high enough to melt most metals, making it an ideal fuel gas for welding.


The growth of the welding market can be attributed to several factors, including the increasing demand for metal fabrication in various industries such as construction, automotive, and aerospace. Welding is also used in the repair and maintenance of metal structures and equipment, which is becoming increasingly important as companies seek to extend the lifespan of their assets. Furthermore, advances in welding technology have made the process more efficient and cost-effective, which has further contributed to its growth. For example, the use of robotic welding systems has enabled companies to increase their production rates while reducing labor costs.The growth of the welding market is expected to continue in the coming years, which is likely to drive the demand for the market.


Key players operating in the industrial gases industry are –
• Air Liquide
• Air Products Inc.
• INOX-Air Products Inc.
• Iwatani Corp.
• Linde plc
• Messer
• SOL Group
• Strandmøllen A / S
• Taiyo Nippon Sanso Corp.
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