January 12, 2016
Wellesley, Mass., January 12, 2016 – In emerging markets, major urban cities are increasingly tapping groundwater as a short-term solution for their water demands, creating alarming levels of groundwater depletion. BCC Research reveals in its new report that these cities, confronted with water management crises, are utilizing ultraviolet-based technologies in wastewater management to meet this compelling challenge.
The global market for UV disinfection equipment is projected to reach almost $2.8 billion in 2020 from $1.4 billion in 2015, reflecting a five-year compound annual growth rate (CAGR) of 14.6%. Water, the largest segment by end use, should grow from $803 million in 2015 to nearly $1.5 billion by 2020, demonstrating a five-year CAGR of 12.8%. The wastewater sector, the fastest growing segment by end use, should total $929 million in 2020, indicating a five-year CAGR of 20.5%.
There are four primary drivers of the global market for UV disinfection technology: governmental and industrial regulations, superior efficacy, support for reusability, and chlorine-free operations.
Regarding superior efficacy, UV systems assure end users the highest quality of water regardless of the source for residential or commercial systems. This is especially important for world regions with limited access to clean water. Ultraviolet technologies offer possibilities of potable water disinfection in areas without municipal distribution systems. Also, UV technologies are cost effective and avoid the use of chemical additives for process water. In these end uses, UV also can enable the reuse of process water within the manufacturing plant. The ability to reclaim “used” water is becoming increasingly important in the face of global climate change and water shortages.
Chlorine-free operations, another key factor driving growth in the wastewater segment, leverages technology that offers two primary advantages over conventional treatment: the ability to eliminate the use of chlorine and the ability to enable the reuse of wastewater. The exclusion of chlorine in wastewater treatment allows the discharge of a stream absent of potentially harmful compounds. The potential to reuse wastewater in industrial, agricultural and indirect potable applications is a major boon to world regions with diminishing water supplies.
Two trends are driving growth in wastewater, the fastest-growing segment by end use. Mature markets such as North America and Western Europe are characterized by increased awareness of the harmful effects of chlorination for wastewater treatment. A large majority of these setups is based on chlorination. The growth of ultraviolet disinfection in these regions is driven by the replacement market.
“Then, you have emerging markets that present a more acute challenge for wastewater management,” says BCC Research analyst Shalini Ramamurthy. “Emerging markets present a more acute challenge for wastewater management. The growth of urbanization in countries such as China and India poses unsurmountable challenges for public utility planners. Water management is the most daunting of these challenges.”
Ultraviolet (UV) Disinfection Equipment: Major Applications and Global Markets (IAS037C) the technological aspects of air, water and surface treatment via UV light as well as an analysis of the market for UV equipment sold in five different end uses: water; municipal wastewater; air disinfection; foods and beverages; and surface disinfection. Analyses of global market drivers and trends, with data from 2014 and 2015, and projections of CAGRs through 2020 are provided.
Ultraviolet (UV) Disinfection Equipment: Major Applications and Global Markets( IAS037C )
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