The water and wastewater treatment equipment market market is projected to reach USD 87.7 billion by 2029, at a CAGR of 5.0% from USD 68.7 billion in 2024. The market growth is driven by increasing water scarcity concerns which in turn drives the adoption of sustainable water management practices. The increase in industrial water consumption and discharge and growing global population along with rising industrialization and urbanization.
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The key players in this market are Veolia (France), Xylem (US), Ecolab (US), DuPont (US), Pentair (UK), 3M (US), Aquatech International (US), Thermax Limited (India), Culligan Water (US), Calgon Carbon Corporation (US) etc. These companies are strong in their home regions and explore geographic diversification alternatives to grow their businesses. They focus on increasing their market shares through new product launches and other expansions.
Veolia – Veolia was founded in 1853 and headquartered in Paris, France. Operating across three primary segments, Veolia addresses diverse challenges for local authorities and industrial clients. In the water sector, the company focuses on resource management, as well as the production and distribution of drinking water and industrial process water. Additionally, Veolia plays a crucial role in the comprehensive handling of wastewater, encompassing collection, treatment, and recycling processes. The Waste segment positions Veolia as a global leader in managing both solid and liquid waste, whether non-hazardous or hazardous. The company actively engages in every stage of the waste life cycle, from initial collection to final treatment, with a strong emphasis on prioritizing recovery. In the Energy segment, Veolia demonstrates unique proficiency in energy efficiency, overseeing heating and cooling networks, and spearheading the production of renewable energy. In 2023, the Veolia Group, striving to establish itself as a benchmark company for ecological transformation, boasted a global workforce of nearly 213,000 employees. Throughout the year, the Veolia Group made a substantial impact by providing indispensable drinking water services to 113 million people and delivering wastewater solutions to 103 million individuals. Additionally, the Group played a pivotal role in energy production, generating a noteworthy 42 terawatt-hours. Simultaneously, Veolia’s recovered an impressive 63 million metric tons of waste. Veolia is a part of the global network, which conducts business in 48 nations worldwide in different continents like North America, South America, Africa, Asia-Pacific, Europe, and Middle East.
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Xylem – Xylem, a prominent global water technology company in 2023, employs approximately 23,000 individuals globally. Specializing in designing, manufacturing, and servicing highly engineered products, Xylem caters to critical applications primarily in the water sector. Their extensive portfolio addresses diverse customer needs related to water scarcity, resilience, quality, and affordability throughout the entire water cycle. The company’s business is categorized into distinct segments. The Water Infrastructure segment encompasses market applications related to transport and treatment. The Applied Water segment focuses on market applications such as building solutions and industrial water. In the Measurement and Control Solutions segment, the company addresses end-use segments in both water and energy. The final segment, Integrated Solutions and Services, encapsulates a comprehensive approach to providing various solutions and maintenance and services. With a widespread presence across North America, South America, the Middle East, Africa, Asia-Pacific, and Europe, Xylem serves as a key player in the global water technology landscape.
Ecolab – Ecolab, Inc. established in 1923 and headquartered in St. Paul, Minnesota, specializes in delivering products and services within the water, hygiene, and energy sectors. Ecolab, Inc. functions through distinct segments: Global Industrial, Global Institutional and Specialty, Global Energy and Life Science, and Other. The Global Industrial segment encompasses operations in water, food and beverage, paper, and downstream sectors. The Global Institutional and Specialty segment pertains to institutional, specialty, and healthcare operations. The Global Healthcare and Life Sciences segment focuses on healthcare and life sciences operations. The Other segment is engaged in delivering services for pest detection, elimination, and prevention. This strategic segmentation allows Ecolab to effectively address a diverse range of industries and provide tailored solutions across various sectors. Nalco Water, subsidiary of Ecolab is a global leader in water and process management solutions, collaborating with diverse industries to address sustainability and business objectives. With a substantial patent portfolio exceeding 10,000, Ecolab maintains a widespread presence across North America, South America, the Middle East, Africa, Asia-Pacific, and Europe
DuPont – DuPont de Nemours, Inc. or DuPont functions as a holding company with a focus on the development of specialty materials, chemicals, and agricultural products. DuPont’s history dates to 1802, with its headquarters located in Wilmington, Delaware. The company operates across three main segments: Electronics & Industrial, Water & Protection, and Corporate & Others. Within the Electronics & Industrial segment, DuPont provides specialized materials and systems for a wide array of consumer electronics, encompassing mobile devices, television monitors, personal computers, and electronics used in various industries. In the Water & Protection segment, the company offers engineered products and integrated systems to several industries, including those related to worker safety, water purification, aerospace, energy, medical packaging, and building materials. It also offers various water solutions technologies like Reverse Osmosis, Nanofiltration, Ultrafiltration, Ion Exchange, Membrane Bioreactors among others. The company has worldwide presence in North America, South America, Europe, Aisa-Pacific, Middle East, and Africa.
Pentair – Pentair plc specializes in providing water solutions across various sectors, including residential, commercial, industrial, infrastructure, and agriculture applications. The company’s diverse portfolio of solutions is designed to facilitate access to clean and safe water while promoting water conservation and reuse. Pentair operates through two primary business segments: Consumer Solutions and Industrial & Flow Technologies. Under the Consumer Solutions segment, Pentair focuses on designing, manufacturing, and selling energy-efficient equipment and accessories for residential and commercial pools. Additionally, this segment offers water treatment products and systems for both commercial and residential use. The range of products includes pumps, filters, heaters, lights, automatic controls, cleaners, maintenance equipment, pressure tanks, control valves, activated carbon products, commercial ice machines, and various filtration systems. The Industrial & Flow Technologies segment is responsible for manufacturing and selling fluid treatment and pump products and systems. This includes pressure vessels, gas recovery solutions, membrane bioreactors, wastewater reuse systems, advanced membrane filtration and separation systems, water disposal pumps, water supply pumps, fluid transfer pumps, turbine pumps, solid handling pumps, and agricultural spray nozzles. This segment serves global markets in the residential, commercial, and industrial sectors. In 2023, Pentair introduced a new segmentation of its products into three categories: Pool, Water Solutions, and Industrial & Flow Technologies. The company maintains a strong global presence, with operations in North America, South America, the Middle East, Asia-Pacific, and Europe.
