
Published On: Jan 2023
Published On: Jan 2023
At 10.8% CAGR, the Europe Mobile Water Treatment Market is projected to be worth US$ 1,356.27 million by 2028, says Business Market Insights
According to Business Market Insights’ research, the Europe mobile water treatment market was valued at US$ 731.95 million in 2022 and is expected to reach US$ 1,356.27 million by 2028, registering a CAGR of 9.9% from 2022 to 2028. Stringent government regulations on wastewater treatment and increasing demand for water purification in industries are the critical factors attributed to the Europe mobile water treatment market expansion.
Approximately 78% of the wastewater remains untreated and is disposed of in rivers, groundwater, or lakes, causing severe water pollution. Therefore, governments across the region are reinforcing their regulatory efforts to improve the overall water quality, along with encouraging the deployment of mobile water treatment systems in industries. In developing countries population and industrial growth have created pressure regarding the need for clean water sources for use in industries. Abiding by wastewater treatment regulations and adopting related technologies help industrial plant owners/operators to comply with the regulations pertaining to pollutant levels in their discharge. Several stringent regulatory norms by various governments are driving the growth of the Europe mobile water treatment market.
On the contrary, high installation and operational cost hurdles the growth of Europe mobile water treatment market.
Key players dominating the Europe mobile water treatment market are Aquatech International LLC; EMWG Srl; Evoqua Water Technologies Corp.; Filtra-Systems Company LLC; Newater Technology Co.; Pall Corporation; and Veolia Environnement SA, among others.
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