The India WWT Technology market has been estimated at USD billion in 2014 and is projected to reach USD billion by 2020, at a CAGR of 11.68% during the forecast period. The WWT Technology was introduced more than 50 years back and it is gaining huge advancement in currently owing to the lack of fresh water resources worldwide. These technologies remove, destroy, and recycle pollutants into less harmful secondary materials and are smaller, cost-effective, and more efficient, thereby can be applied in a wide range of applications.
The plans for market expansion in the Indian WWT technology market majorly depends on the industrial productivity and the packaged WWT systems. The report is segmented based on the application as follows: Healthcare, Energy, Municipal, Industrial, Food and Beverage, and others. The Industrial sector will be the fastest growing segment in the India WWT Technology market accounting for in 2015.
This market is driven by a number of factors, such as Rising Demand for Low Pressure Membrane Technologies, Depleting Water Resources, Population Growth and Stringent government emission laws. However, this market faces certain drawbacks, such as lack of awareness, and High Cost of Technology. These factors may act as a roadblock to the growth of the market.
The India WWT Technology market, on the basis of technology can be broadly segmented into Microfiltration (MF), Ultrafiltration (UF), Nanofiltration (NF), and Reverse Osmosis.
The study focusses on the Indian WWT technology and the future developments in the market during the forecasted period. The various industries of Water treatment technologies have been discussed in detail in addition to a comprehensive overview of the market; where-in the market share of each is analysed and estimates are provided for the next 5 years.
Furthermore, new technology such as Zero Liquid Discharge will offer numerous opportunities in the India WWT Technology Market. The major companies dominating this market for its products, services, and continuous product developments are VA Tech Wabag GMBH, Thermax India, Hindustan dorr-oliver limited, Hitachi India, Aquatech, Dow Water & Process Solutions, Ch2m Hill, Mott Macdonald, Siemens Water Solutions, Schlumberger, Suez Environment, and Evoqua Water Technologies among others.
