"Actionable Insights to Fuel Your Growth"
A major portion of the population around the globe lives in urban areas, which are heavily dependent on the municipal supply of water. The benefit of living in a municipality is that potable water is usually available at any time by turning on the tap. Growth in the industrialization is creating an excessive need for water. Municipal drinking water may come from wells or dams, and from here, the contaminants are filtered out, and the water is pumped through pipes that run underneath the streets to end-use locations. The pipes lead to houses, fire stations, other offices, swimming pools, and many other places where water is used. Bacteria and viruses in water can spread throughout the underground reservoir of water or throughout the miles of pipelines that carry water to houses in towns and cities. If municipal water becomes contaminated, the result can be far-reaching and rapid.
Based on the type, the market is segmented as municipal drinking water treatment and municipal wastewater treatment. Municipal wastewater treatment is estimated to be the leading segment in the market as the amount of wastewater generated is in huge amounts. The wastewater treatment plants are also being looked upon as major criteria for the development of a town as it helps in sufficing water demand.
Based on the application, the market is segmented into residential, commercial, and industrial. The residential segment leads the market as it has the largest customer base, and municipal water is preferred in villages and towns for drinking and daily activities. Also, in recent times the population migrating from villages to urban cities has grown, which has increased the number of customers to be served.
The key market driver of this market is the rising demand for water in different sectors like industrial, commercial, and residential sectors. The infrastructure sector has boosted, and water supply stands as the major criterion for attracting investments. This, along with cost benefits over other water supply sources, will drive the market for municipal water in the coming years.
The key market restraint is the contamination of water that can lead to the spread of bacteria and viruses. This can lead to widespread diseases in the residential sector and contamination of the products in the industrial sectors such as agricultural, manufacturing, etc.
Key Market Driver -
Rising demand for water in different sectors like industrial, commercial, and residential.
Key Market Restraint -
Contamination of water can lead to the spread of bacteria and viruses.
Some of the major companies in the municipal water market are SUEZ Water Technologies & Solutions, Veolia Water Technologies, Pall Corporation, Aquatech, Kurita Water Industries, DowDuPont, MWH Global, Evoqua Water Techno, WesTech Engineering, RWL Water Group, Degremont Industry, and GE Water.
The global municipal water market is studied across different regions like North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. In North America, the US leads the market owing to the presence of the maximum population in the region and application of municipal water in the residential, commercial, and industrial sectors. Also, the United States Environmental Protection Agency, is working on the water and supports efforts under the Clean Water Act and Safe Drinking Water Act. The Asia Pacific region, approximately 60% of the total population, is dependent on the municipal water for their activities in the industrial, commercial, and residential sectors. Due to an increase in the number of population in countries like China and India, the need for water is also increasing day by day.
In Europe, the Europen Environment Agency (EEA), is managing both inflow and outflow of water in countries likeFrance, Germany, and Russia. On average, 144 liters of fresh water per person per day is supplied for household consumption in Europe, excluding recycled, reused, or desalinated water. In the Middle East & Africa, more than 60% of the population has little or no access to drinkable water due to the scarcity of water. The World Bank initiated an initiative to generate an improved understanding of water issues in the region and overview of available options under different scenarios of water supply and demand management with a special focus in desalination, taking into account the energy nexus and environmental concerns
To gain extensive insights into the market, Request for Customization
“We are happy with the professionalism of your in-house research team as well as the quality of your research reports. Looking forward to work together on similar projects”- One of the Leading Food Companies in Germany
“We appreciate the teamwork and efficiency for such an exhaustive and comprehensive report. The data offered to us was exactly what we were looking for. Thank you!”- Intuitive Surgical
“I recommend Fortune Business Insights for their honesty and flexibility. Not only that they were very responsive and dealt with all my questions very quickly but they also responded honestly and flexibly to the detailed requests from us in preparing the research report. We value them as a research company worthy of building long-term relationships.”- Major Food Company in Japan
“Well done Fortune Business Insights! The report covered all the points and was very detailed. Looking forward to work together in the future”- Ziering Medical
“It has been a delightful experience working with you guys. Thank you Fortune Business Insights for your efforts and prompt response”- Major Manufacturer of Precision Machine Parts in India
“I had a great experience working with Fortune Business Insights. The report was very accurate and as per my requirements. Very satisfied with the overall report as it has helped me to build strategies for my business”- Hewlett-Packard
“This is regarding the recent report I bought from Fortune Business insights. Remarkable job and great efforts by your research team. I would also like to thank the back end team for offering a continuous support and stitching together a report that is so comprehensive and exhaustive”- Global Management Consulting Firm
“Please pass on our sincere thanks to the whole team at Fortune Business Insights. This is a very good piece of work and will be very helpful to us going forward. We know where we will be getting business intelligence from in the future.”- UK-based Start-up in the Medical Devices Sector
“Thank you for sending the market report and data. It looks quite comprehensive and the data is exactly what I was looking for. I appreciate the timeliness and responsiveness of you and your team.”- One of the Largest Companies in the Defence Industry