Packaged water treatment systems are systems that combine multiple water treatment components into a single, pre-engineered, and pre-assembled package. They are designed to provide water treatment solutions in a variety of applications, including drinking water, industrial water, and wastewater. These systems can be tailored to meet specific customer needs and often consist of pumps, filtration, disinfection, and chemical treatment components. The demand for packaged water treatment systems is driven by the increasing water scarcity and contamination issues, as well as the need for cost-effective and efficient water treatment solutions. As a result, the demand for these systems is expected to increase in the coming years.
The global packaged water treatment system market is projected to grow at a CAGR of 10.4% between 2016 and 2021 to reach USD 21.83 billion by 2021. The Middle East and Africa region is estimated to lead the market in 2016, followed by Europe and North America. The increasing population, dependence of economies for crude oil, minerals, and chemicals, along with the rising demand for electricity by emerging as well as developed economies are expected to drive the global packaged water treatment system market during the forecast period.
This market is led by key players, such as Veolia Water Technologies (France), GE Water & Process Technologies (U.S.), RWL Water (U.S.), WPL International (U.K.), Smith & Loveless INC. (U.S.), and others. These companies are considered leaders in the rapidly-evolving market. Substantial investments have been made in the past few years by these companies to address the future demand for packaged water treatment systems arising from the growing population, urbanization, and industrialization.
GE water & process technologies launched a new, horizontally-designed water treatment technology ZeeWeed 700B, in May 2016, for the offshore oil & gas industry. Earlier in April 2016, the company installed advanced zero liquid discharge (ZLD) technology at the Shaanxi Future Energy Chemical Co., Ltd. in Shaanxi Province, China, in order to meet new regulations of the Government of China.
Apart from product and technology launches, expansions and acquisition strategies are also adopted by key players operating in the global packaged water treatment system market. Veolia Water Solutions & Technologies expanded the existing water treatment facilities for the second phase of a new bioscience facility in Singapore, in April 2013. GE water & process technologies opened a new mobile water service center in Edmonton, Alberta, in June 2015. It also acquired the Netherlands-based IMT Solutions, a manufacturer of ultrafiltration and microfiltration membranes for water treatment in October 2015. RWL Water Group acquired the key assets of Tipton Environmental International Inc. (U.S.) from Aeromix, Inc, (U.S.), in March 2013.
