Market Size of South America Membrane Water & Wastewater (WWT) Treatment Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Historical Data Period | 2019 - 2022 |
CAGR | > 6.00 % |
Major Players*Disclaimer: Major Players sorted in no particular order |
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South America Membrane Water & Wastewater Treatment Market Analysis
The market for membrane water & wastewater treatment in South America is expected to grow at with a CAGR greater than 6% during the forecast period. One of the major factors that is driving the market studied is the Rising Demand for Low Pressure Membrane. However, high cost of the membrane water treatment technology is restraining the demand for membrane water & wastewater treatment market in South America region.
- Among the technologies, reverse osmosis accounted for the highest market share and is expected to continue dominating the market during forecast period.
- Among the end-user industries, municipal industry has accounted for the major market share and is expected to continue dominating the market during forecast period.
- Chile is expected to witness the highest growth rate during the forecast period owing to growing demand from municipal and industrial applications.