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The Asia-Pacific (APAC) water technology market, comprised of equipment and software products required for the treatment, distribution, and monitoring of water and wastewater (WWW) treatment plants and network used by municipal and industrial end users, is growing steadily driven by region-wide improvements in environmental regulations and investment. The market is forecast to record a compound annual growth rate (CAGR) of 4.60% between 2017 and 2022, propelled by the strong industrial growth across APAC, tightening regulations surrounding water use and discharge, the emergence of difficult-to-treat process waters in food and beverage (F&B) and electrical and electronics (E&E), and the volatility and scarcity of water resources across the rapidly urbanizing APAC region.This study offers insights into the growth opportunities for this market and the methods to capitalize on this growth, provides an overview on the competitive landscape in APAC, discusses the profiles of 10 participants that Frost & Sullivan considers to be key players in the market, and offers an analysis of their position within the market landscape using a proprietary tool called the GIL Radar. The water technology market in APAC is still nascent and highly fragmented. Water market leaders from Japan, North America, and Europe have already begun capitalizing on the largely underdeveloped market. Key companies in the region include Veolia, Suez, Evoqua, Hyflux, De.mem, Aquaporin, Memstar, and a number of smaller market disruptors and agitators. While Singapore, China, and Japan are currently the markets with the highest activity, developing markets such as Indonesia and Vietnam are also serving as proving grounds for smaller players in water technology. Incubation of technology players through academic institutions and industry funds is quickening the pace of innovation due to ease in prototyping and field testing.
This study covers revenue from the sales of equipment and software products required for the treatment, distribution, and monitoring of WWW used by municipal and industrial end users. The market definition excludes revenue from chemical water treatment (WT) processes and services. The market trends have been analyzed for the study period of 2017–2018, with the base year being 2017. The insights cover key end users—municipal and industrial—and key technology types—water and wastewater treatment technologies and water and wastewater distribution technologies—in key regions—Southeast Asia, China, East Asia, and Oceania. Southeast Asia consists of Singapore, Malaysia, Indonesia, Philippines, Vietnam, and Thailand. East Asia consists of Japan, Taiwan, and South Korea, and Oceania consists of Australia and New Zealand.
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