LONDON--(BUSINESS WIRE)--Technavio analysts forecast the global pumps market in water and wastewater treatment sector to grow at a CAGR of over 6% during the forecast period, according to their latest report.
The research study covers the present scenario and growth prospects of the global pumps market in water and wastewater treatment sector for 2017-2021. Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
Pumps have been widely used in the water and wastewater treatment sector and are one of the highest energy consuming equipment in a plant. The frequent use of pumps to transfer wastewater from sewage to plants, within the plant for transporting slurries, and then transportation of treated water to the destination makes them an integral part of the water and wastewater treatment sector. There has been an increase in the demand for water worldwide with the rise in population and increase in urbanization.
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Technavio analysts highlight the following three factors that are contributing to the growth of the global pumps market in water and wastewater treatment sector:
- Emerging filtration technologies
- Demand for new water resources propelling from urbanization and safety concerns
- Stringent government emission laws on pre-treated wastewater
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Emerging filtration technologies
In the last few years, conventional filtration techniques were the preferred choice for separation in water and wastewater treatment plants, owing to their low cost. However, several plants are now incorporating innovative filtration techniques. For instance, membrane technology is a filtration technique that is becoming increasingly popular due to its minimal use of chemicals, lower maintenance cost, and high degree of water quality.
Kalle Deepak, a lead automation research analyst at Technavio, says, “The high cost of MBRs in the past limited its use compared with conventional separation technologies. With decreased costs, MBRs are increasingly being used in areas with limited space or the ones where high-quality water is required. They are also in industries with biodegradable organic content such as food and beverage, as well as in industries such as pharmaceuticals where the use of MBRs gives high retention period for effective biological treatment.”
Demand for new water resources propelling from urbanization and safety concerns
The rise in urbanization has led to an increased demand for new water resources. Worldwide, water is becoming a scarce resource, and with the rise in cost energy, water treatment plants are being subjected to rising capital and maintenance costs. This has compelled authorities to reuse water through recycling. Many cities are now reusing sewage and groundwater. Industries are recycling industrial wastewater for cooling, boiling, and then reusing it for drinking facilities.
“As groundwater is becoming limited, there has been a shift toward sea water, and this has increased the demand for desalination plants. Earlier, these plants were concentrated in the Middle East, but authorities from other regions are also moving toward the establishment of desalination plants,” adds Deepak.
Stringent government emission laws on pre-treated wastewater
Governments across the world are imposing stringent regulations to control the quality of pre-treated wastewater. For example, the US government implemented the Long Term 2 Enhanced Surface Water Treatment Rule in 2006, which set additional standards for treatment of ground and surface water. The new rule covers a total of 90 containments in drinking water. The Indian government launched a new scheme, National Lake Conservation Plan, to restore the quality of water in lakes.
Similarly, China launched the Action Plan for Water Pollution Prevention that aims at achieving specific water quality targets by 2050. The plan aims at meeting the acceptable quality standard for 70% of water in seven major watersheds, and for 93% of drinking water sources in prefecture-level cities in China by 2020.
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