GE Water To Continue Its Domination In United States Mobile Water Treatment Market, Says TechSci Research
United States mobile water treatment market is highly consolidated, with two largest players accounting for more than 60% share in 2013
The mobile water treatment plants market is an emerging trend in the global water industry. The segment is witnessing higher adoption in the countries where land availability for setting up a water treatment plant is low. The mobile water treatment services market is witnessing a surge due to increasing requirement for emergency response against water crisis, especially in industrial units. The market dynamics of the global water treatment industry are witnessing radically changes with the advent of innovative technologies in water treatment.
According to recently published report by TechSci Research "United States Mobile Water Treatment Services Market Forecast & Opportunities, 2019", the global mobile water treatment market registered revenues of USD578.5 million in 2013, which are projected to increase by two folds by 2019. The United States is the major revenue generator for the global mobile water treatment market. "The United States is facing acute water related problems. The demand for water in industrial segment continues to rise as the country has a large industrialized base with about 143 refineries and over 13,500 chemical production facilities. Rising industrialization is widening the gap between water demand and supply, and consequently the demand for mobile water treatment services is growing." said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.
Mr. Chechi further added that power industry is the major end-user for the mobile water treatment services market, which currently accounts for a majority share of the United States mobile water treatment services market. Further, the production of shale gas is increasing, which is also boosting the demand for the mobile water treatment services. Shale gas production accounted for about 39% share of the total dry natural gas production in 2012, which is anticipated to increase further in coming years.
"United States Mobile Water Treatment Services Market Forecast & Opportunities, 2019" has evaluated the future growth potential of the United States mobile water treatment services market and provides statistics and information on the market structure, industry behaviour and trends. The report includes mobile water treatment services market projections and demand forecasting. The report is intended to provide cutting-edge market intelligence and help decision makers to take sound investment evaluation. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges and opportunities available in mobile water treatment services market in the United States.
SOURCE: TechSci ResearchCopyright 2014 PR Newswire. All Rights Reserved