Packaged wastewater treatment market to grow
The global packaged wastewater treatment market is expected to grow at a CAGR of 8.56% during the period 2016-2020
The global packaged wastewater treatment market is expected to grow at a CAGR of 8.56% during the period 2016-2020.
The report has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
The increased need for safe water in developing countries is one of the main reasons for the increase in demand for water treatment equipment globally. Few people in the developing countries in APAC, Africa, and the Middle East have access to potable water. Also, many developing countries such as China and India face difficulties in treating water and discharging wastewater safely.
According to the report, the water crisis globally has increased the importance of treating wastewater for reuse, and has driven the demand for wastewater treatment technologies. A packaged wastewater treatment allows the efficient utilization of discarded water released from industries and municipal use. The treated water can be re-used for agriculture and other purposes, reducing the stress on ground water. Further, wastewater treatments can remove disease-causing contaminants from water and improve its quality.
Further, the report states that one of the major challenges faced by the market is high operational costs. Packaged wastewater treatment plants require regular cleaning and maintenance by trained professionals usually through service contracts that add to the costs