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The water & wastewater treatment equipment market was valued at USD 23,200.2 million in 2016 and is projected to reach USD 33,224.8 million by 2022, at a CAGR of 6.2% from 2017 to 2022.
The increased demand for water & wastewater treatment equipment in the municipal & industrial applications is expected to drive the growth of the water and wastewater treatment equipment market during the forecast period.
+ In July 2017, GE Water launched BEVPAK, which is an innovative UF and RO solution for water treatment for producing beverages.
+ In July 2017, Evoqua Water Technologies acquired Olson Irrigation Systems (U.S.), a pioneering manufacturer of filters and irrigation components for the agriculture & industrial markets.
+ In March 2017, SUEZ, along with Caisse de dépôt et placement du Québec (CDPQ) (Canada), acquired GE Water. GE Water is a global system and solutions provider for the water & wastewater treatment industry.
+ In September 2016, Dow Water & Process Solutions introduced DOW Specialty Membrane Elements. This range of products delivers dependable, steady, and inexpensive technology which operates under demanding conditions.
+ In August 2016, Xylem acquired Sensus (U.S.), a worldwide leader in smart meters, network technologies, and innovative data solutions for the water treatment industry.
+ In May 2016, Veolia established the world’s biggest sludge treatment and retrieval plant in Hong Kong. It was planned to treat wastewater from 11 wastewater sources in the region.
+ In May 2016, GE Water launched an innovative water treatment technology, Zeeweed 700B, which finds applications in offshore oil & gas industry. ZeeWeed 700B UF membrane enables seawater treatment for well injection and solid removal in offshore oil & gas applications.
+ In July 2015, Ecolab acquired Jianghai Environmental Protection Co. Ltd. (China) which is an industrial water treatment company.