US PFAS Water Treatment Market Research Report: Forecast (2023-2028)
The perfluoroalkyl and poly-fluoroalkyl substances (PFAS) are a set of chemicals that are used in numerous industries such as food, textiles, and personal care. They act as surfactants with carbon-fluorine bonds that make highly stable ingredients. PFAs are bio-accumulative, toxic in nature, and significantly peripatetic in water which leads to the requirement for the treatment of water for PFAS.
Market Insights & Analysis: The US PFAS Water Treatment Market (2023-28)
The US PFAS Water Treatment Market is projected to grow at a CAGR of around 7.5% during the forecast period, i.e., 2023-28. The US PFAS water treatment gained momentum owing to the mounting concerns about the PFAs present in the water. Customers are getting aware of the adverse effects of drinking water contaminated with PFAS as several studies have shown that such water could result in kidney cancer, ulcerative colitis, fertility problems, a higher risk of cardiovascular disease, respiratory disease, and diabetes, liver diseases, thyroid disease, and high cholesterol. The concerns have risen significantly as the PFAs are used in numerous industries such as food, textiles, and personal care products owing to which they are pervasive. The widespread usage of PFAs ultimately lets them contaminate the water. Owing to the rising water contamination several regulations have been issued by the US authorities to necessitate the treatment of water for PFAs.
|Study Period||Historical Data: 2018-21|
|Base Year: 2022|
|Forecast Period: 2023-28|
|Key Companies Profiled||Cyclopure, Inc., Pentair , A.O. Smith, Aquasana Inc., TIGG LLC, Express Water Inc., Eloqua Water Technologies LLC, Ion Exchange, Pre Aqua Inc., Hydroviv, Others|
|Unit Denominations||USD Million/Billion|
However, the government faced hurdles as the private and public water treatment plants were not designed to treat water for the chemicals like PFAS. Not only the updating for the same was an expense but also it hampered their prevailing revenue-generating models. For instance,
Nevertheless, with the rising concerns related to health & demand for sustainability, the government has been able to enforce restrictions on the disposal of PFAS into the water by these industries. Furthermore, the development in the industries like paper & textile supports the air of sustainability and thus encourages the installation of PFAS water treatment in their industries, further enhancing the market size. According to American Forest & Paper Association, customers are opting for sustainable options like containerboard which are resulting in the industries ready themselves accordingly.
Additionally, the growth of the industrial sector has also been adding to the new sources for the addition of PFAS in water. The combination of the regulatory framework for the release of the rejected water from these industries increases the market size of PFAS water treatment.
Based on Technology:
From the above, reverse osmosis technology has been a widely used water treatment method as it had been a convenient way for end users to eliminate PFAs in their drinking water supplies. To provide potable water devoid of PFAs several drinking water treatment plants had been established to provide drinking water in packaged bottles. Moreover, the granular activated carbon filter has also been a popular choice for water treatment owing to its easy incorporation into the water treatment facility.
Based on End User:
Above them all, the industrial sector saw considerable growth in the past years owing to the interference of the government in their water disposal methods. As the treatment of water for PFAs on a large scale is not economically and environmentally feasible, the United States Environmental Protection Agency has formed regulatory requirements to control the PFAs in the water at the source level. This increases the demand for PFAs water treatment in the industries such as metal, paper, and textile. These regulations are expected to get stringent in the forecast years owing to the rising health and environmental concerns, which would raise the demand for PFAS water treatment.
Recent Developments by Leading Companies
The US government is highly concerned about the PFAS in water owing to its bio-accumulate and toxic nature. Subsequently, the government imposed several restrictions on the industries enforcing them to install water treatment plants to prevent the release of PFAS-dissolved water into the water sources while disposing of the rejected water. The formation of regulations has sped up in the recent year due to the PFAS Strategic Roadmap announced by the United States Environmental Protection Agency in 2021. In the upcoming years, with the high attention of the government to reduce the quantity of PFAS in the water combined with the ongoing research & development the number of regulations is predicted to increase. The constant research & development in the area of PFAS equip the government with novel solutions that led to the formulation of new rules and guidelines for the industries and municipalities.
The techniques surrounding the treatment and detection of PFAS are still evolving. They have the such staying power that clean-up and remediation alternatives are restricted and expensive, worsened by the fact that not all PFAS are the same. Because of varying degrees of toxicity, precise testing and detection are challenging. In addition, the expenses of investigation, repair, or treatment will significantly rise as laws tighten. For example, Orange County, California, estimated that around USD1 billion would be required to set up a structure to meet the state-recommended levels of PFAS in drinking water. As more scientific data on the substances are gathered, many governments worldwide have already banned or phased out specific PFAS. However, concerns about the safety of alternative PFAS, which may also prove toxic in the future, as well as contamination from legacy PFAS, continue to exist. Therefore, the economic impracticality of the treatment restricts the market growth in the capitalist economy of the US in the upcoming years as the government has to maintain the balance of growth of the industrial sector and the campaign for the adoption of PFAS water treatment.
The publications of reports and research papers have fueled the thoughtfulness of the PFAS dissolved in water. This opens up and prospect for the companies to advertise and promote their service of PFAS water treatment. The bio-accumulative nature of PFAS pushes the swift requirement for water treatment in the US as if more time is taken in action the more it would get integrated into the environment and the tougher it would be to get rid of it. The rising awareness has made the citizens realize this effect and made them raise the demand for PFAS water treatment.
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Frequently Asked Questions
A. The growth rate or CAGR of the US PFAS Water Treatment Market during 2023-28 would be 7.5%.
A. Reverse osmosis is the leading technology in the US PFAS water Treatment Market during 2023-28.
A. The rising implementation of numerous regulations to curb PFAS water contamination would drive the US PFAS Water Treatment Market during 2023-28.
A. The top players in the US PFAS Water Treatment Market during 2023-28 are Cyclopure, Inc., Pentair, A.O. Smith, Aquasana Inc., TIGG LLC, Express Water Inc., Eloqua Water Technologies LLC, Ion Exchange, Pre Aqua Inc., Hydroviv
A. The extensive research for innovative technologies for PFAS water treatment is the key trend going on in the PFAS Water Treatment Market during 2023-28.
A. The high establishment and maintenance cost is the key restraint affecting the growth of the US PFAS Water Treatment Market during 2023-28.