The China WWT Technology market has been estimated at USD billion in 2014 and is projected to reach USD billion by 2020, at a CAGR of 13.48% 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. There are more than 3000 WWT projects currently operating in China, having a capacity of around 150 million cubic metres of WWT per day.
The plans for market expansion in the China 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 China WWT Technology market accounting for in 2015.
This market is driven by a number of factors, such as huge demand from Industrial Sector, 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 China WWT Technology market, on the basis of technology can be broadly segmented into Microfiltration (MF), Ultrafiltration (UF), Nanofiltration (NF), and Reverse Osmosis. The market has also been segmented on the basis of type of equipment such as Membrane Bioreactor, Digesters, Pumps and Blowers, Belt Press, Diffusers, and others.
The study focusses on the China 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 China WWT Technology Market. The major companies dominating this market for its products, services, and continuous product developments are VA Tech Wabag GMBH, Sichuan Demo-Scimee Sci. & Tech. Co. Ltd, Capital environmental protection, China Energy Conservation and Environmental Protection Group Aquatech, Schlumberger, Suez Environment, and Beijing Huanzhi clean-tech equipment Co, .LTD among others.
