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Packaged Water Treatment System Market size was valued at USD 12.07 Billion in 2015, and is projected to reach USD 21.83 Billion by 2021, at a CAGR of 10.4% between 2016 and 2021.
The municipal wastewater treatment segment of the global packaged water & wastewater market is expected to witness significant growth during the forecast period. Municipal waste water treatment is used in cities and towns by housing estates and domestic & public service enterprises. The volume of waste water generation has increased rapidly due to the growing population and urbanization in most parts of the world. To reclaim water and fulfill the water needs of the urban as well as the rural population, municipal waste water treatment is being utilized globally.
The extended aeration, moving bed biofilm reactor (MBBR), reverse osmosis, membrane bioreactor (MBR), and sequential batch reactor (SBR) segments contributed a major share to the global packaged water & wastewater treatment. Extended aeration is expected to be the fastest-growing application segment of the market, mainly due to its relatively lower initial costs and investments involved. It is followed by MBBR and reverse osmosis. The stringent regulatory and sustainability mandate concerning the environment is paving way for a substitute technologies to chemical-based water and wastewater treatment systems like extended aeration, MBBR, RO, MBR, and SBR, which further boosts the market for these technologies.