Press Release Description

Water and Wastewater Treatment Pump Market to Escalate with Surging Freshwater Demand & Growing Stringent Regulations

The Global Water and Wastewater Treatment Pump Market is projected to grow at a CAGR of around 5.6% during the forecast period of 2024-29, cites MarkNtel Advisors in the recent research report. The growth is attributed to rising demand for freshwater, industrial advancements, expansion of the oil & gas industry, and rapid urbanization. The growing climate change, pollution, and rising unsustainable production & consumption of water are leading to growing freshwater scarcity across the globe. According to the UN-Water Summit in 2022, the global freshwater is expected to shortfall to around 40% by 2030.

In addition, land degradation, habitat loss, and biodiversity decline pose additional threats to market growth. Governments and private entities in countries like India, the EU, China, and Japan are investing in water and wastewater treatment infrastructure to address these challenges in current times. For instance, in 2023, the European Union invested USD 149.3 million in the northwest region of Romania for improved water and wastewater infrastructure network. These investments are driving demand for a diverse range of pumps designed for various treatment processes, thus fueling the Water and Wastewater Treatment Pump Market in recent years.

Moreover, in response to escalating water pollution & public health concerns, governments worldwide are enacting stringent regulations to monitor pre-treated wastewater quality. UNESCO reports that around 46% of the global population lacks proper sanitation in 2023. Thus, countries such as China, the EU, and others are addressing water pollution through robust quality regulations provided by the government. These evolving measures are set to drive demand for compliant & efficient pumping solutions in the water and wastewater treatment sector in upcoming years, further states “Global Water and Wastewater Treatment Pump Market Analysis, 2024.”

Global Water and Wastewater Treatment Pump Market

Global Water and Wastewater Treatment Pump Market Segmentation Analysis

Based on Type End Suction Segment to Account for the Major Share of the Market

Based on the type, the market is further bifurcated into Split Case, Vertical Multi-Case Stage, End Suction, and Sewage Pump. End Suction is predicted to be the leading segment due to modernizing wastewater treatment facilities and advancements in sectors like pharmaceuticals and oil & gas.

The pharmaceutical sector has experienced remarkable expansion due to technological advancements, efficient manufacturing techniques, and heightened investments. This surge in the pharmaceutical industry is expected to drive substantial future demand for water treatment pumps such as end suction.

These pumps are essential for various treatment processes, including wastewater transfer, chemical dosing, sludge transfer, and water injection, among others, which is further anticipated to propel the Water and Wastewater Treatment Pump Market growth during 2024-29.

Asia-Pacific is Projected to Hold a Significant Share of the Global Water and Wastewater Treatment Pump Market

The Asia-Pacific region is poised to acquire a significant market share in the forthcoming years, driven by the adoption of decentralized wastewater treatment systems, increased public-private partnerships (PPPs), growing oil refining capacities, etc. The region's water and wastewater sector has seen a surge in PPPs, fostering new facilities, advanced technologies, and localized treatment plant growth. These dynamics have notably shaped the historical market growth in the region.

Furthermore, numerous regional administrations in nations such as China, Japan, and Southeast Asia are embracing decentralized wastewater treatment systems to cater to sanitation requirements in peri-urban and coastal localities. This strategy holds the potential for economic efficiencies & decreased water expenses, consequently fostering an escalating demand for wastewater treatment pumps across the region during the forecast period.

Competitive Landscape

With strategic initiatives, such as mergers, collaborations, and acquisitions, the leading market players, including Xylem, Grundfos Holding A/S, Ebara Corporation, Sulzer Ltd, Flowserve Corporation, KSB Limited, Wilo SE, Atlas Copco, Kirloskar Brothers Limited (KBL), Ruhrpumpen Group, Tsurumi Manufacturing Co., Ltd., Pentair, ITT Inc., LEWA GmbH, Torishima Pump MFG. Co. LTD., and Others, are looking forward to strengthening their market position.

Key Questions Answered in the Research Report

  1. What are the industry’s overall statistics or estimates (Overview, Size- By Value, Forecast Numbers, Segmentation, Shares)?
  2. What are the trends influencing the current scenario of the market?
  3. What key factors would propel and impede the industry across the region?
  4. How has the industry been evolving in terms of geography & product adoption?
  5. How has the competition been shaping across various regions?
  6. How has the buying behavior, customer inclination, and expectations from product manufacturers been evolving during 2018-28?
  7. Who are the key competitors, and what strategic partnerships or ventures are they coming up with to stay afloat during the projected time frame?

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