Tuesday, January 26, 2010

Water treatment products demand to hit $50 billion by 2013

According to a new market research report, demand for water treatment products worldwide is projected to exceed $50 billion by 2013. As the global population expands, and the developing world continues to industrialize, the need for clean safe water and suitable treatment of wastewater will boost demand for water treatment chemicals and equipment.

An estimated one billion people do not have access to a safe water supply, and a larger number yet do not have access to sanitation facilities. In some nations, such as in Eastern Europe and some industrialized Asian countries, the water infrastructure has expanded to reach a large share of the population, but water quality remains subpar after decades of disregard for proper water stewardship.

Rapidly industrializing nations, such as China and India, struggle with obtaining supplies of usable water, especially in fast-growing urban areas, and with the difficulties associated with treating and discharging wastewater. Wastewater treatment rates usually are well below official estimates, and even treated wastewater is often treated insufficiently.

Even developed, affluent nations confront water problems. Some countries, including the United States, have population centers where native water supplies are inadequate or inferior, or the country as a whole is lacking an adequate water supply. This has led to a renewed interest in desalination, which had generally been considered too costly when compared with water importation.

World Water Treatment Products (Forecasts for 2013 & 2018 in 23 countries) by Freedonia, is available from the Infoshop by Global Information. The report presents historical demand data (1998, 2003 and 2008) plus forecasts for 2013 and 2018 by product type and market for six regions and 23 countries. The $6,100 study also considers market environment factors, evaluates company market share and profiles global industry competitors.

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