Mobile Water Treatment Market

SKU: DMCH2412 | Last Updated On: Aug 12 2022 | Available Formats

> Global Mobile Water Treatment Market Expected to reach a high CAGR of 8.7% By 2029: DataM Intelligence

Global Mobile Water Treatment Market is segmented By Services (Emergency Rental, Temporary Hire, Long Term Contract), By End-User (Municipal, Construction, Agriculture, Others), By Region (North America, Europe, South America, Asia-Pacific, Middle East, and Africa) – Share, Size, Outlook, and Opportunity Analysis, 2022-2029

 

Mobile Water Treatment Market Trends Demand Competitive Analysis Overview

The Global "Mobile Water Treatment Market" is expected to grow at a high CAGR of 8.7% during the forecasting period (2022-2029).

Mobile Water Treatment allows the purification of water from any source like rivers, ponds, sea, etc using a mounting system, and then the purified water is transported to remote areas. It is a fast and cost-effective process of purification of water. It is used in various industries like oil & gas, mining, etc.

Market Dynamics

The major factor driving the rising demand for Global Mobile Water Treatment is the rise in demand for high-purity water in industrial and portable End-Users and the development of new water treatment technologies is also driving the market growth.

The demand for high-purity Water in the Industrial and Potable End-Users is driving the market growth of Mobile Water Treatment

Demand for pure water is increasing nowadays in every sphere of life especially in the Industrial sector and for drinking and cooking purposes. The population of the world is continually growing which is increasing the demand for potable water and rapid industrialization and technological advancements are increasing the demand for purified water in the Industrial Sector. Around ⅔ of the world is facing water resource scarcity. According to the WHO, one out of three people in the world do not have access to safe drinking water and 4.2 billion people do not have proper sanitation facilities and around 3 billion do not have access to water for handwash.  According to WHO, just giving water is not enough, clean water should be available for everyone. World water day is celebrated every year on 22nd March to bring awareness among the population not having access to drinking water about clean and safe water. According to the World Water Assessment Program established by UNESCO in 2000, around 40% of the world’s population will be affected by water scarcity by 2030. All these factors are driving the market for mobile water treatment.

The development of new water treatment technologies is also driving the market growth of Mobile Water Treatment

The demand for membrane filtration as water treatment technology is rising in the United States and several other parts of the world. Mobile membrane filtration systems are one of the most effective long-term solutions to the problem of water shortage. These automated, self-contained units can be rapidly deployed and capable of producing purified water on-site within hours of arrival. Regardless of the quality and source of water and whether a solution is needed short- or long-term, mobile membrane filtration units have been proven as the most effective, ideal water treatment solution for use across the globe. Desalination activities in the Middle East and Mobile desalination used in an emergency like hurricanes which are frequent in the North-American region are also driving the market growth. Many companies are also developing new technologies or expanding the existing technology for the growth of the market Veolia Water Technologies added 600 and 900 gallons per minute (GPM) Reverse Osmosis (RO) units to the mobile water services fleet of the United States in July 2018.

The High Capital Cost is hampering the market growth of Mobile Water Treatment

COVID-19 Impact Analysis

The Global Mobile Water Treatment Market has shown a slight decline due to the COVID-19 pandemic, as there were full or partial lockdowns in many countries of the world. WHO declared covid-19 as a pandemic in 2020, due to which travel restrictions were imposed in different parts of the world. Due to the lockdown, the demand for water treatment declined as industries were closed and construction activities were shut down and the demand for machinery and equipment like membrane equipment, disinfection equipment, etc also declined in major countries of the world. According to the report by the Global Water Leaders Group, the demand for water from the industrial sector will fall by 27% during the covid-19 pandemic. Supply chains were disrupted and the ease of lockdown and restrictions will determine the market growth of the mobile water treatment. The National Association of Clean Water Agencies (NACWA), a USD 12.5 million revenue loss is expected due to the covid-19 pandemic. The absence of a proper sewage treatment facility is hampering the growth of the market.  Due to covid-19, many isolation wards, screening zones, testing centers, and vaccination centers were set up in different parts of the world which lead to the generation of wastewater and due to which much of the water was wasted as water treatment was not properly managed during covid-19. The demand for mobile water treatment was expected only for drinking and cooking purposes during covid-19. It is expected that the market will show a positive trend in the next few years as covid-19 has given us a lesson about being fit and healthy and about the importance of safe and clean water. The demand for water treatment services is expected to increase slightly only to reduce the levels of contamination in the water during covid-19.

Segment Analysis

Global Mobile Water Treatment is segmented based on Services, End-User, and regions.

Based on the Services, the Global Mobile Water Treatment Market is segmented into Emergency Rental, Temporary Hire, and Long Term Contract

Based on End-User, the Global Mobile Water Treatment market is segmented into municipal, Construction, Agriculture, and Others.

Municipal has the highest market share based on applications as there is increasing demand for potable water in several parts of the world. According to WHO, just giving water is not enough, clean water should be available for everyone. World water day is celebrated every year on 22nd March to bring awareness among the population not having access to drinking water about clean and safe water. According to the World Water Assessment Program established by UNESCO in 2000, around 40% of the world’s population will be affected by water scarcity by 2030. All these factors are driving the market for mobile water treatment. Uneven distribution of freshwater in the world is also favoring the market growth as only 9 countries in the world - Brazil, Russia, China, Canada, Indonesia, the U.S., India, Columbia, and the Democratic Republic of Congo have around 60% of the world’s freshwater resources. Demand from the industrial, and construction industry was less during covid-19 due to the lockdown imposed in different parts of the world as many industries need water for cooling, feed boiler water, etc. The demand for water treatment services is expected to increase slightly only to reduce the levels of contamination in the water during covid-19.

Geographical Analysis

Based on Region, the Global Mobile Water Treatment is segmented as - North America, Europe, Asia-Pacific, Middle East, Africa, and South America.

The Mobile Water Treatment market size of the North American region was valued at US$ XX billion in 2020 and a growth in market size is expected resulting in a market size worth US$ XX billion by 2028, growing at a CAGR of XX% during the forecast period (2021-2028). North America has the highest market share as there is an increasing demand for potable water supply due to less availability of natural water sources in the region. Mobile water treatment is one of the solutions to the problem of water shortage. The demand for membrane filtration as water treatment technology is rising in the United States.

The demand for low-pressure membrane filtration like Ultrafiltration and Microfiltration is becoming more than traditional membrane filtration in several parts of the US. Many companies are collaborating on the development of mobile water treatment products in the region Ovivo Inc acquired the business of FilterBoxx Water & Environmental Corp. and its subsidiaries in September 2018. Ovivo Inc provides water and wastewater treatment equipment, technology, and systems to the world. Mobile desalination is also used in emergencies like hurricanes which are frequent in this region and is also driving the market growth. Many companies are also working on the development of mobile water treatment Veolia Water Technologies added 600 and 900 gallons per minute (GPM) Reverse Osmosis (RO) units to the mobile water services fleet of the United States in July 2018.

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Global Mobile Water Treatment  Market is fragmented with key global players in the market. Some of the major companies contributing to the market's growth are- Veolia Water Technologies, Lenntech, HydroChemPSC, Monroe Environmental Corp, Evoqua Water Technologies, HIDROFILT Ltd, Orenco Systems, Inc, Ovivo Inc, Pall Corporation, WesTech Engineering, Inc.

Mergers and Acquisitions, expansions, joint ventures, etc increases competition in the market such as Pall Corporation acquired Pall-Austar Lifesciences limited in March 2021. Pall-Austar Lifesciences Limited is a joint venture between Pall and Austar, Ovivo Inc acquired the business of FilterBoxx Water & Environmental Corp. and its subsidiaries in September 2018. Pall Corporation made huge investments of $ 114M for the expansion of global production in January 2021.

Innovations, Technologies, New products, services launched, partnerships and agreements also increase competition between companies like Pall Corporation launched the T-96 under their product Aria Fast in November 2019.  The municipality of Tashkent and SUEZ Water Technologies & Solutions signed a contract of €142 for improving the water services of the region.  Companies are also working on the development of mobile water treatment services Veolia Water Technologies added 600 and 900 gallons per minute (GPM) Reverse Osmosis (RO) units to the mobile water services fleet of the United States in July 2018.

Pall Corporation

Overview:

Pall Corporation is an American company that supplies filtration, separation, and purification products. The company works under two segments - Life Sciences and Industrial. The headquarters of the company is located in Port Washington, New York. The company was founded in 1946 by David B. Pall and was known as Micro Metallic Corporation and renamed Pall Corp in 1957. The company was acquired by Danaher Corporation in August 2015. The president & CEO of the company is Jennifer Honeycutt. It is publicly traded. According to the report by fortune 500 ranking, the Danaher Corporation was ranked 130. The market value of the company is USD 160 billion as of 31st March 2021. The company was ranked 156 in the Forbes Global 2000 ranking of 2021. The company acquired Pall-Austar Lifesciences limited in March 2021. Pall-Austar Lifesciences Limited is a joint venture between Pall and Austar.

Product Portfolio:

  • Mobile Water Treatment – Aria FAST
  • Aria Fast-T96
  • Packaged Water Solutions – Aria FIT
  • Custom Water Systems – Aria FLEX
  • Mobile & Packaged Reverse Osmosis – IMPRO

Key Development

  • The company made huge investments of $ 114M for the expansion of global production in January 2021.
  • The company acquired Pall-Austar Lifesciences limited in March 2021. Pall-Austar Lifesciences Limited is a joint venture between Pall and Austar.
  • The company launched the T-96 under their product Aria Fast in November 2019.

Financial Overview

The market value of the company is USD 160 billion as of 31st March 2021. The company was ranked 156 in the Forbes Global 2000 ranking of 2021. Some of the major shareholders of the company are The Vanguard Group, Inc, BlackRock Fund Advisors, SSgA Funds Management, Inc, and Wellington Management Co. LLP with market shares of 6.5%, 4.52%, 3.48%, and 2.92% respectively.

The Global Mobile Water Treatment  radar market report will provide access to approximately 53 market data tables, 44 figures, and 200 pages

 

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