Transforming Water Treatment: Cutting-edge Solutions Address Diverse Applications, Catering to Industry Needs and Sustainability

The water treatment market encompasses diverse applications such as services, consumables, and equipment, serving various industries. Applications span across buildings and facilities, hospitality, commercial laundries, food and beverage processing, healthcare, manufacturing, transportation, chemical processing, mining, power generation, primary metals, pulp and paper, refineries, fuel additives, petrochemicals, and more. This comprehensive sector addresses the evolving needs of different industries, ensuring efficient water treatment processes to meet stringent standards and contribute to environmental sustainability across a wide range of sectors.

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Data Bridge Market Research analyses that the India Water Treatment Market which was USD 2,789.10 million in 2022, is expected to reach USD 5,598.38 million by 2030, and is expected to undergo a CAGR of 9.10% during the forecast period of 2023 to 2030. Industrialization fuels heightened demand for water treatment as rising industrial activities necessitate effective management of effluents to ensure environmental compliance. The imperative to address wastewater responsibly drives innovations and investments in water treatment solutions within the market.

Key Findings of the Study

Environmental regulations are expected to drive the market's growth rate

Stringent environmental regulations act as a pivotal driver in the water treatment market, compelling industries to adopt advanced solutions. Faced with the need for sustainable and compliant operations, companies invest in innovative water treatment technologies. Compliance with these regulations not only ensures environmental responsibility but also fosters the development and implementation of cutting-edge water treatment strategies, thus propelling the market forward in meeting both regulatory requirements and environmental conservation goals.

Report Scope and Market Segmentation

Segment Analysis:

The India water treatment market is segmented on the basis of type, application, and industry. 

• On the basis of type, the India water treatment market is segmented into services, consumables, and equipment
• On the basis of application, the India water treatment market is segmented into services, consumables, and equipment
• On the basis of industry, the India water treatment market is segmented into building and facilities, hospitality, commercial laundries, food and beverage processing, healthcare and life sciences, manufacturing and transportation, chemical processing, mining and mineral processing, power generation, primary metals, pulp and paper, refineries, fuel additives,  petrochemicals and  others

Major Players

Data Bridge Market Research recognizes the following companies as the India water treatment market players in India water treatment market are SUEZ (France), Water Treatment Chemical (India), Kemira (Finland), Ecolab (U.S), Triveni Engineering & Industries Ltd. (India), Siemens (Germany), IEI (India), BASF SE (Germany).

Market Developments

• In March 2023, WABAG received acclaim from Water Digest, earning the prestigious title of "Best Water Treatment Solution Provider" at the Water Awards 2022–23. Acknowledged for its innovative solutions, WABAG serves as a trusted partner for governments and industries worldwide. Their advanced water treatment technologies contribute to delivering safe drinking water and sustainable sanitation, positively impacting the lives of millions globally
• In November 2022, WABAG LIMITED agreed with the Asian Development Bank (ADB) to raise INR 200 crores (~ USD 24.6 million) through unlisted Non-Convertible Debentures with a five-year and three-month tenor. ADB's subscription over 12 months will support WABAG's water treatment business, facilitating financial resources for the company's initiatives in the dynamic Indian water and wastewater treatment technology market
• In August 2022, Huliot Pipes, an Israeli company, introduced the ClearBlack Sewage Treatment Plant tailored for the Indian market. This innovative solution addresses wastewater recycling and reuse needs in India. Huliot's advanced technology aims to enhance sustainable water management, offering a customized sewage treatment plant to meet the specific requirements of the Indian market, contributing to water conservation and environmental sustainability
• In November 2021, Kemira, a chemicals and process technology company, expanded its manufacturing capacity in the United Kingdom. The initiative aimed to boost the annual production of ferric-based water treatment chemicals by over 100,000 tonnes at its U.K. facilities. This strategic move reflects Kemira's commitment to meeting the growing demand for effective water treatment solutions and enhancing its contribution to addressing water quality challenges
• In July 2020, Solenis acquired Poliqumicos, a Mexico-based manufacturer of specialty chemicals for various industries. Specializing in water-intensive sectors, Poliqumicos significantly expanded Solenis' presence and production capacities in the Mexican market. This strategic acquisition bolstered Solenis' position, contributing to increased sales and reinforcing its ability to provide specialized chemical solutions to a broader range of industries in the region

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