AdvanceMarketAnalytics, a global market research and consulting organization, have released a new study titled "Municipal Water market - Global outlook to 2026". Industries constant focus on reducing the operational cost and increased attention on core business, and need to improve scalability are expected to shape the Global Municipal Water market to grow at a CAGR of %.
The By Treatment, such as Drinking-Water, is boosting the Municipal Water market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
The Chemical Type, such as Coagulants/Flocculants, is boosting the Municipal Water market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
The Equipment Type, such as Pipes, is boosting the Municipal Water market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
According to Analyst at AMA Research, the Global Municipal Water market will experience significant growth during the forecast period due to potential opportunities lying in the market such as . Some of the important driving forces are High Demand for Potable Water for Drinking and Cooking Purposes and Increasing Demand for Low-Cost Water in Urban Areas.
Municipal water systems are non-profit entities managed by local or state governments. The rates are set by the governing board. The governing body supplies water to households and industries using underground pipes. The water is processed and treated to meet drinking water standards. Municipal water is used for various purposes such as bathing, watering, gardening, cleaning, and cooking. The Environmental Protection Agency (EPA) regulates the municipal drinking water in the United States. In most cities, the source of municipal water includes large wells, lakes, rivers or reservoirs.
The report provides an in-depth analysis and forecast about the industry covering the following key features: o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies o Analyses the Global Municipal Water market , by Application (Residential, Commercial and Industrial {Food and Beverage, Healthcare, Agriculture, Others}) and major geographies with country level break-up that includes South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). o Analyzes the top 10 players in terms of market reach, business strategy, and business focus o Provides stakeholders insights and key trends (current and future) of the market