Stratistics MRC’s Global Water Clarifiers Market value is expected to reach $15.98 billion growing at a CAGR of 9.1% during 2023-2030.
Water clarifiers, also known as clarifiers or sedimentation tanks, are pieces of equipment used to filter out impurities and particulates from water through the sedimentation process. While the clarified water is collected from the top of the tank, suspended solids are allowed to settle at the bottom of the tank during the sedimentation process. Moreover, by separating solids from liquids, this process helps to clear the water and make it safe for human consumption or industrial use.
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During the anticipated period, the water clarifier market witnessed the highest CAGR in the Asia-Pacific region. Rapid urbanization, industrial expansion, and growing public concern over water pollution and scarcity in the area fueled the market for effective water treatment technologies. A significant amount of money was invested in water infrastructure and wastewater treatment projects, including the use of water clarifiers, in emerging economies like China and India because of their sizable populations and developing industrial sectors. Furthermore, the market’s expansion in the Asia-Pacific region was accelerated by strict environmental regulations as well as a growing emphasis on sustainable development.
Some of the key players in Water Clarifiers market include Feralco AB, Ixom Operations Pty Ltd., BASF SE, Organo Water Solutions Limited, Murugappa Organo Water Solutions Private Limited, Evoqua Water Technologies LLC, Shri Rajhans Engineering Works, Lakeside Equipment Corporation, Envirodyne Systems Inc., Monroe Environmental Corp., Pall Corporation, Solenis LLC, Buckman Laboratories, Inc., Spacetech Equipments & Structurals Private Limited., Hydro International, Parkson Corporation Clearwater Industries Inc., Chennai Equipments & Systems Pvt Ltd, Veolia Water Technologies, Kurita Water Industries Ltd. and WesTech Engineering Inc.
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Key Developments:
In May 2023, BASF Environmental Catalyst and Metal Solutions, a global leader in precious metals and catalysis, and Advent Technologies Holdings, Inc. an innovation-driven leader in the fuel cell and hydrogen technology sectors, have concluded the terms of a new agreement to join efforts in building a full loop component supply chain for fuel cells and enter discussions to extend the partnership into the field of water electrolysis.
In January 2023, Kurita Water Industries Ltd. and Hitachi, Ltd. recently concluded a memorandum of understanding (MOU) after reaching an agreement on launching a co-creation to implement solution in society and build an ecosystem with a focus on manufacturing industry and with a view to a sustainable society.
In October 2022, BASF and Antofagasta’s Catholic University of the North (UCN) signed an agreement for collaboration to advance mining R&D and innovation.
What our report offers:
– Market share assessments for the regional and country-level segments
– Strategic recommendations for the new entrants
– Covers Market data for the years 2021, 2022, 2023, 2026, and 2030
– Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
– Strategic recommendations in key business segments based on the market estimations
– Competitive landscaping mapping the key common trends
– Company profiling with detailed strategies, financials, and recent developments
– Supply chain trends mapping the latest technological advancements
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