INDUSTRIAL WATER MANAGEMENT MARKET ANALYSIS
Restraints
Low awareness in the emerging economies regarding waste water management is a challenge to the industry growth.
Market Drivers
High population density in countries such as China, India, Japan, and Singapore is expected to present significant demands, primarily owing to the requirement sustainable utilization of the available water resources over the coming years. However, low awareness in the emerging economies regarding waste water management is a challenge to the industry growth. North America and Europe are expected to account for significant share in the global market owing to high awareness and stringent regulations regarding waste water management to promote conservation of resources. For instance, Clean Water Act (CWA) in the U.S. and Integrated Pollution and Prevention Control (IPPC) Directive for industrial installations in European Union are among few of the major regulations that aid in regulating the pollutant discharge in water bodies.
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