Americas Packaged Water Treatment System Market to Cross USD 3.5 Bn by 2022, Expects MRFR in Its New Report Available at MarketPublishers.com27 Jan 2017 • by Natalie Aster
LONDON – The packaged water treatment systems market in Americas keeps to a growth trend, driven majorly by the advantages provided by these systems like low costs (owing to reduced civil labor along with installation work) and low space requirement. Other important market growth drivers include expanding urbanization and rapid industrialization in the South American region and constantly increasing government initiatives aimed at improvement of health standards. But, growth in the Americas packaged water treatment system market could be hampered by high operation and maintenance costs.
As of 2015, the value of the Americas packaged water treatment system market stood at more than USD 2.6 billion. It is anticipated to increase in the year ahead to exceed USD 3.5 billion by the year 2022.
Basing on type, the extended aeration system sector of the Americas market for packaged water treatment systems is expected to see the highest growth rates (a 5.48$ CAGR) in the upcoming years.
Basing on application, the municipal sector captures a share of almost 59% of the Americas market.
The packaged water treatment system market in North America is expected to increase at a 5.2% CAGR through 2022. The US holds the major share (78.8%) of the North American market.
The Latin American market for packaged water treatment systems is poised to register slow growth through 2022, its value will reach approximately USD 838.9 million by the year 2022.
New report “Americas Packaged Water Treatment System Market - Forecast to 2022” elaborated by Market Research Future (MRFR) gives a detailed guide to the Americas market for packaged water treatment systems and discloses important estimates and statistics. It discusses factors having influence on the market development and growth, offers historical insights and describes the current landscape, covers the market dynamics and contains the market segmentation analysis. Besides, future forecasts through 2022 are at hand.
To find more reports by Market Research Future, follow to the publisher’s catalogue at MarketPublishers.com.