The market for water and wastewater (WWW) treatment in India will flourish as the nation witnesses an increase in private investments. The World Bank also believes that by efficient water management plans, India will experience an additional 0.5% economic growth.
WWW Treatment Market In India
The demand for enhanced water treatment and recycle-and-reuse systems in India is anticipated to increase due to water scarcity and the requirement for high-quality water. Additionally, the need for water management and conservation will boost demand for the IoT-based solutions and water recycling over the next five years.Â
Also, the country’s need to address chronic water shortages in various regions would open up enormous potential opportunities for market players active in the municipal segment.
Opportunities For Private Investors
With a predicted cumulative annual growth rate (CAGR) of 9.7%, the Indian WWW treatment market is expected to increase from INR106.7 billion in 2020 to INR169.58 billion by 2025.Â
The Indian WWW treatment industry’s development presents the following opportunities:
- Pump makers should benefit from asset digitalization prospects and develop solutions and skills, as the pump market is expected to grow.
- Water treatment Original Equipment Manufacturers (OEMs) should expand their knowledge into the municipal sectors since both have development potential.
- To execute efficient ZLD systems across end-user sectors, water OEMs should have strong partnerships with ZLD technology vendors.
- Membrane module manufacturers should create solutions to serve all end-user groups as the market for water treatment, reuse, and recycling expands.
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