Water Treatment System Market Growth, Size, Share

 The water treatment system market size is projected to reach US$ 97.55 billion by 2031 from US$ 60.17 billion in 2023. The market is expected to register a CAGR of 6.2% during 2023–2031. The development of smart cities in emerging countries is likely to remain a key trend in the market.

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Water Treatment System Market Analysis

The demand for purified water in various end-use industries, such as power generation, manufacturing, pharmaceutical, and food & beverages, is growing worldwide. In these end-use industries, clean and purified water is utilized for various applications, including steam generation, dilution, and manufacturing equipment washing and cooling. This has increased the requirement for a reliable and consistent water supply in sectors such as agriculture, power generation, manufacturing, and food & beverages. The energy & power sector is one of the major end users of water. Additionally, the food & beverage sector is contributing to the rising demand for water treatment systems worldwide, as clean water is widely used for food production, food item cleaning, food processing, and preservation. Water filtration or treatment systems are also used in the manufacturing sector for removing contaminants, impurities, and other unnecessary substances from water utilized in industrial processes. Water treatment systems are crucial for enhancing product quality, meeting regulatory requirements, and equipment protection, which is anticipated to fuel the growth of the water treatment systems market in the coming years. Also, the increasing government focus on implementing sustainable alternatives in the industrial sector is boosting the application of water treatment systems.