June 29, 2020
According to the research report titled ‘Global Mobile Water Treatment Market Size study with COVID-19 Impact, by Type (Membrane Mobile Water Treatment, Resin Mobile Water Treatment and Filtration Mobile Water Treatment), by Application (Power and Energy, Construction, Agriculture, Chemicals, Mining and Minerals, Municipal and Other) and Regional Forecasts 2020-2026’, available with Market Study Report LLC, global mobile water treatment market is estimated to grow substantially through 2026.
Mobile water treatment services provide purified water with the help of a system which is usually mounted on long vehicle that traverses to various industrial locations to supply water. This service is cost effective, fast, reliable and an ideal choice during serious situations, hence augmenting the growth of mobile water treatment market. However, temporary shutdown of industrial sector and manufacturing plants across the globe due to the COVID-19 pandemic has a negative impact on the market outlook.
Mobile water treatment finds applications in plethora of end-use industries like mining & mineral processing, energy & power, pharmaceuticals, oil & gas, chemical processing, etc. It is employed to supply treated water for steam blows, cooling towers, and boilers. Increasing pervasiveness of water contamination, exhaustion of freshwater resources, and scarcity of water are the key factors driving the market growth.
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Introduction of innovative products and tactical alliance among key players will create lucrative growth opportunities in global mobile water treatment market landscape. However, hefty cost associated with the process of fabrication and implementation of mobile water treatment solution may impede the market growth during the analysis period.
Based on type, the market is bifurcated into filtration, resin, and membrane mobile water treatment. In terms of application spectrum, the industry is divided into municipal, mining & minerals, chemicals, agriculture, construction, power & energy, and others.
Considering the regional hierarchy of mobile water treatment market, the key regions include Latin America, Europe, North America, Asia Pacific and rest of the world. North America held a significant market share in the recent past, whereas, Asia Pacific market is projected to record a substantial growth over the forecast period.
The leading organizations in global mobile water treatment market are Orenco Systems Inc., Evoqua Water Technologies LLC, Ramky Group, Ecolutia Services, Aqualyng, GE Corporation, and Aquatech International LLC among others.