Growing awareness about the benefits of water treatment and depleting water resources due to increased consumption will drive the market for water treatment business.
According to Ken Research report titled “India Industrial Water and Waste Water Treatment Market Outlook to 2022 – By Region (North, South, East, and West) and By Industry (Power, Steel, Textile tannery and Paper and Pulp, Oil and Gas, Pharma and Others” demand is expected to be highest in the Southern States followed by the Gujarat and Maharashtra in Western India. Uttar Pradesh, West Bengal and industrial towns along major river banks are expected to emerge as areas with highest growth potential.
Industrial water and waste water treatment industry in India registered a positive five year CAGR in last five years (2012-2017). The growth was mainly driven by strict implementation of regulatory norms and scarcity of water promoting the industries to use recycled water. Increased demand for energy and rise in manufacturing industries has promoted the development of water treatment industry. Major water treatment companies included Vatech Wabag, Ion Exchange, L&T construction, Triveni and Thermax. The market is largely dominated by domestic companies or Joint venture of domestic companies with foreign players. Majority of the equipments are manufactured domestically. New and technologically advanced membranes and filters are still imported as demand is still in the growing phase.
Thermal power plants were the largest users of water treatment facilities in India. The country relies on coal based power plants to meet more than 60% of it electricty needs. It was followed by iron and steel industry. Gujarat and Maharashtra have very high volume of installed water treatment facility as they are among the most industrialized states in India. Southern states were the second largest contributors in terms of demand creation for water treatment and are expected to catch up with western states.
Stringent regulations, depleting water resources and degrading water quality, government initiatives promoting water treatment installations, companies opting for zero liquid discharge through their units and huge untapped market potential especially in SMEs are the key growth drivers in the India Industrial water and waste water treatment market. Poor implementation of existing regulations in many parts of the country, lack of ETPs in SMEs, fragmented market in equipment supply, poor energy efficiency among the waste water treatment facilities, lack of funds, price sensitivity in tenders, and poor investment in R&D are some key restraints in the water treatment business.
Key Topics Covered in this Report:
India water treatment market
India Industrial water treatment market
Major players in India industrial water treatment market
Order book Vatech Wabag
Order book Thermax
Order Book Triveni
Company Profile of Ion Exchange
Suez Water in India
Major manufacturing projects under construction India
Water treatment in power plants
Water treatment in steel industry
Water treatment in Textiles industries
Industrial water treatment in India
Water treatment Market in India
Number of CETPs in India
Number of ETPs in India
Industrial water treatment facilities India
Under construction CETP in India
Future projection of Industrial waste water treatment
New projects in steel industry
ETPs in ONGC
Refining Capacity of India
Water Treatment investment Model
O&M in ETP
Major Player in EPC
Major Companies in ETP construction
IGF Manufacturers in India
Triveni Water Treatment Business
CETPs in India
STPs in India
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