Market Trends of Ultraviolet Disinfection Equipment Industry
This section covers the major market trends shaping the Ultraviolet Disinfection Equipment Market according to our research experts:
Municipal End Users are Expected to Project the Largest Market Share
- Municipal wastewater treatment facilities have begun switching from traditional technology to UV disinfection because it is more affordable, secure, and environmentally beneficial. Additionally, due to issues with water scarcity, the market for UV disinfection systems is driven by the rising price of fresh water. UV systems convert wastewater in its tertiary stage into water that can be reused for secondary purposes, like gardening.
- Moreover, It is estimated that contaminants in drinking water cause 502,000 diarrheal deaths annually, particularly in developing nations like India and Africa. Contaminations can spread diseases like diarrhea, cholera, dysentery, typhoid, and polio - the WHO also estimates that 1.8 billion people rely on drinking water supplies tainted with faces. Considering the economic element linked with developing countries and the efficient solutions provided by UV disinfection systems, such harsh situations fuel the necessity for UV disinfection systems.
- The need for a higher level of disinfection and a reduction in byproducts has grown due to rising awareness of the significance of municipal water quality and the growing number of regulations. As a result, many businesses are integrating purpose-built UV plants into the municipal treatment processes to offer complete network protection.
- Rapid industrialization has increased water pollution in emerging nations, and the growing population has increased the demand for clean, safe drinking water, which is predicted to drive up product demand. Due to the rising use of technology in water and wastewater treatment facilities in developed nations, the municipal segment dominated the global UV disinfection equipment market.
- The market for UV disinfection systems is driven by the demands for municipal water and the water quality requirements set by reputable local agencies like the Food and Drug Administration (FDA). For example, the FDA established a standard for the quality and purity of the water that must be used to produce drug products and pharmacological substances. Therefore, businesses can use UV disinfection equipment to accomplish the same.
- Additionally, UV Disinfection can assist by treating municipal wastewater in the tertiary stage, which will help combat the issues of water scarcity and the rising cost of fresh water. So that wastewater can be reused for secondary purposes like flushing and gardening, UV systems made explicitly for municipal wastewater can disinfect wastewater.
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Asia Pacific to Witness Significant Growth
- The Asia Pacific region, which faces challenges from a lack of clean drinking water and its expensive assistance, benefits from the growing population by becoming one of the most significant marketplaces. The mentioned factors drive the UV disinfection systems market.
- Local government body projects, such as the National Mission for Clean Ganga, the Five Year Plan of the China Government, and the Chicago River project, involve installing UV disinfection systems, thereby driving the UV disinfection systems market.
- During the projection period, the expanding investments in the pharmaceutical, chemical, food and beverage, and automotive sectors in China, India, and other APAC regions will significantly impact driving demand for wastewater treatment and, consequently, UV disinfection equipment.
- India currently possesses the majority of the polluted areas in the world due to increased industrialization and urbanization. Additionally, the growing regional economy, favorable industrial laws, and the development of the automobile industry are some key factors influencing the need for air and water filtration products.
- Demand for ultrapure water is increasing considerably in the APAC region compared to the other areas globally. Ultrapure water is extensively used in the pharmaceutical and semiconductor sectors. The demand for electronic equipment is driven by rising disposable income and the purchasing power parity of a significant portion of the worldwide population. These elements encourage the development of the UV disinfection equipment market because semiconductors are employed in electrical goods. The Asia Pacific region is expected to be one of the higher growth regions during the forecast period.
- Because water and wastewater treatment is a crucial part of China's overall municipal and industrial water management, the demand for these products is anticipated to grow significantly throughout the forecast period. As a result of the rising demand for UV-equipped devices in the wake of the COVID-19 epidemic, major manufacturers in China are putting more emphasis on product innovations and technological advancements.
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