Market Synopsis:
Packaged water treatment systems are pre-assembled and easy to install factory-tested systems used to store huge amounts of water and facilitate transportation to required sites. The Americas packaged water treatment system market has been studied in length and breadth in this MRFR analysis. It reveals that the market is expected to mark a steady CAGR across the prognosis period. The market in Americas is poised to worth USD 3557.7 Mn by 2022 increasing from USD 2611.1 Mn in 2015.
The commercial application of the product is likely to lead to the growth trajectory of the Americas packaged water treatment system market in the years to come. In addition, the rising growth rate of the industrial sector in Americas is anticipated to open growth avenues for the players of the market in the region. These water treatment plants are also used for residential purposes. One of the driving factors of the Americas packaged water treatment system market is the rising urbanization. Increasing urban population is expected to affect the growth curve of the Americas packaged water treatment system market positively in the forthcoming years. On the other side, the high cost of maintenance and operations can pose challenges to the expansion of the Americas packaged water treatment system market.
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Market Segmentation:
Based on type, the Americas packaged water treatment system market has been segmented into extended aeration, MBBR, SBR, MBR, reverse osmosis, and others.
By application, the Americas packaged water treatment system market has been segmented into industrial, municipal, and others.
Regional Analysis:
This analysis of the Americas packaged water treatment system market is covered on the basis of two crucial regions – North America and Latin America. These regional segments are then assessed on the level of key countries present. North America held the dominant position of the global market in 2015, accounting for 73.52% share. It is anticipated to retain its leading position over the next couple of years reflecting a CAGR of 5.2% during the assessment period. The rising urban population has led to a scarcity of potable water. It is anticipated to boost the growth of the Americas packaged water treatment system market in North America. South America, on the other hand, is projected to expand steadily owing to the rising demand from the growing industrial sector.
Competitive Dashboard:
GE Water & Process Technologies (U.S.), WesTech Engineering Inc. (U.S.), RWL Water (U.S.), Smith & Loveless Inc. (U.S.), Enviroquip (U.S.), NapierReid Ltd. (Canada), and Corix Water System (Canada) are some of the key participants of the Americas packaged water treatment system market.
The rising investments in technological innovations are anticipated to drive the competition in the market in the upcoming years. The expansion of regional territories and facilities in the region is poised to impact the competitive landscape of the Americas packaged water treatment system market favorably in the forthcoming years.
Industry News:
In October 2019, Eastsound Sewer and Water District, San Juan County, Washington, has commissioned a plan for the expansion of the existing wastewater treatment plant, which would cost around USD 3.5 Mn to USD 4 Mn for engineering and construction.
In October 2019, St. Cloud Water Treatment Plant, MN, U.S., has organized an open house for the public to see where the potable water comes from and how they plan on managing it.
In October 2019, St. Cloud Water Treatment Plant, a Danish multinational pharmaceutical company, has completed the construction of a wastewater plant in North Carolina. It will be donated for the growth of biopharma.
In October 2019, Bessac’s subsidiary Vinci Construction has partnered with the Canadian Pomerleau company, for the construction of new pipelines for the wastewater treatment plant in Annacis Island, near Vancouver.
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