Water Treatment & Purification Market By Offering (Equipment, Chemicals, Services), By Technology (Reverse Osmosis (RO), Ultrafiltration (UF), Microfiltration (MF), Chlorination, UV Disinfection, Activated Carbon Filtration), By Application (Industrial Water Treatment, Municipal Water Treatment, Wastewater Treatment, Drinking Water Purification, Desalination, Groundwater Remediation), and By Region; Global Insights & Forecast (2024 – 2030)

As per Intent Market Research, the Water Treatment & Purification Market was valued at USD 404.6 billion in 2023 and will surpass USD 618.1 billion by 2030; growing at a CAGR of 6.2% during 2024 - 2030.

The water treatment and purification market is witnessing significant growth as global water scarcity and pollution issues intensify. With increasing concerns about public health, environmental sustainability, and regulatory compliance, the demand for effective water treatment solutions is surging across various sectors, including municipal, industrial, and residential applications. Innovations in water purification technologies, such as advanced filtration, disinfection, and desalination processes, are enhancing the efficiency and effectiveness of water treatment systems.

Municipal Segment is Largest Owing to Growing Urbanization

The municipal water treatment segment is the largest in the water treatment and purification market, primarily driven by rapid urbanization and the need for efficient wastewater management. As cities expand and populations grow, the demand for reliable municipal water supply systems and wastewater treatment facilities is increasing. Municipalities are investing in modern water treatment technologies to ensure safe drinking water and comply with stringent regulations, making this segment crucial for public health and environmental sustainability.

From 2024 to 2030, the municipal water treatment segment is projected to grow at a CAGR of approximately 6%. This growth is attributed to the rising awareness of waterborne diseases and the need to provide safe drinking water to urban populations. Additionally, government initiatives promoting infrastructure development and sustainable water management practices are further driving the demand for advanced municipal water treatment solutions. As the pressure on water resources intensifies, municipalities are increasingly adopting innovative treatment methods to enhance water quality and ensure sustainability.

Industrial Segment is Fastest Growing Due to Strict Regulations

The industrial water treatment segment is the fastest growing area within the water treatment and purification market, driven by stringent regulations regarding wastewater discharge and water reuse. Industries such as pharmaceuticals, food and beverage, oil and gas, and chemicals are increasingly required to implement effective water treatment solutions to meet environmental standards and minimize their ecological impact. As industrial processes generate significant amounts of wastewater, the adoption of advanced treatment technologies is becoming essential for regulatory compliance and operational efficiency.

Projected to grow at a CAGR of around 8% from 2024 to 2030, the industrial segment's growth is fueled by increasing investments in sustainable practices and water recycling initiatives. Companies are increasingly looking for innovative water treatment solutions that not only reduce wastewater volumes but also recover valuable resources from wastewater streams. This trend underscores the critical role of water treatment in supporting industrial sustainability and operational excellence.

Residential Segment is Largest Owing to Increasing Health Awareness

The residential water treatment segment is one of the largest within the water treatment and purification market, primarily driven by rising health consciousness among consumers. With increasing concerns about the quality of tap water, many households are turning to point-of-use (POU) water treatment systems, such as water filters and purification units, to ensure safe drinking water. The growing awareness of contaminants in municipal water supplies is leading consumers to seek reliable home water purification solutions.

From 2024 to 2030, the residential segment is projected to grow at a CAGR of approximately 5%. This growth is fueled by a rising demand for affordable and effective water purification technologies, including reverse osmosis systems, ultraviolet (UV) purifiers, and activated carbon filters. Additionally, the trend towards smart home technologies is encouraging the adoption of connected water treatment devices that provide real-time monitoring and improved convenience. As health and safety remain top priorities for consumers, the residential water treatment segment is expected to continue its upward trajectory.

Asia-Pacific Region is Fastest Growing Owing to Water Scarcity Issues

The Asia-Pacific region is identified as the fastest-growing market for water treatment and purification, driven by escalating water scarcity issues and rapid industrialization. Countries like China and India are facing significant challenges related to water pollution and inadequate infrastructure, prompting governments and industries to invest heavily in water treatment solutions. The rising population and urbanization further exacerbate water demand, leading to a critical need for effective water management strategies.

Projected to grow at a CAGR of around 7% from 2024 to 2030, the Asia-Pacific water treatment and purification market is supported by government initiatives aimed at improving water quality and access. The increasing adoption of advanced technologies, such as membrane filtration and desalination, is also driving market growth in the region. As Asia-Pacific continues to address its water challenges, the demand for innovative water treatment solutions will remain strong, positioning the region as a key player in the global market.

Competitive Landscape of the Water Treatment & Purification Market

The competitive landscape of the water treatment and purification market features several leading companies that are driving innovation and market growth. Key players include Veolia Environnement S.A., SUEZ S.A., Xylem Inc., Ecolab Inc., Danaher Corporation, Pentair plc, Thermo Fisher Scientific Inc., 3M Company, GE Water & Process Technologies, and Aqua-Aerobic Systems, Inc. These companies are focused on enhancing their product offerings through research and development, technological advancements, and strategic partnerships.

The market is characterized by intense competition, with companies striving to differentiate themselves through innovative solutions and superior customer service. The increasing emphasis on sustainability and regulatory compliance is shaping competitive dynamics, prompting firms to invest in eco-friendly technologies and efficient water treatment methods. As the water treatment and purification market continues to evolve, the emphasis on quality, performance, and sustainability will define the strategies of leading companies, positioning them to capture emerging opportunities effectively.

Report Objectives:

The report will help you answer some of the most critical questions in the Water Treatment & Purification Market. A few of them are as follows:

1. What are the key drivers, restraints, opportunities, and challenges influencing the market growth?
2. What are the prevailing technology trends in the Water Treatment & Purification Market?
3. What is the size of the Water Treatment & Purification Market based on segments, sub-segments, and regions?
4. What is the size of different market segments across key regions: North America, Europe, Asia-Pacific, Latin America, Middle East & Africa?
5. What are the market opportunities for stakeholders after analyzing key market trends?
6. Who are the leading market players and what are their market share and core competencies?
7. What is the degree of competition in the market and what are the key growth strategies adopted by leading players?
8. What is the competitive landscape of the market, including market share analysis, revenue analysis, and a ranking of key players?

Report Scope: