India`s water infrastructure industry estimated to reach USD 2.8 bn by 2025_ Prabhudas Lilladher
Prabhudas Lilladher (PL), one of India's most trusted financial services organisations in India, in its latest thematic report – Water Infrastructure, has estimated India’s water infrastructure or water treatment chemical market to be valued at USD 2.8 bn by 2025. India’s water treatment chemicals market has been valued at US$1.70 bn in 2022 and is anticipated to project robust growth with a CAGR of 7.52% through 2025.
PL report stated that about 1450 km3 of water will be required by the year 2050; out of which approximately 75% will be used in agriculture, ~7% for drinking water, ~4% in industries and ~9% for energy generation. The water infrastructure industry is segmented into various categories of water treatment chemicals, including coagulants and flocculants, corrosion and scale inhibitors, biocides and disinfectants, pH adjusters, chelating agents, and others. Each segment addresses specific water treatment challenges and requirements. Ion Exchange (India) Ltd., Thermax Ltd. and Aarti Industries Ltd. are the leading water treatment chemicals market in the country.
The water infrastructure industry is segmented into various categories of water treatment chemicals, including coagulants and flocculants, corrosion and scale inhibitors, biocides and disinfectants, pH adjusters, chelating agents, and others. Each segment addresses specific water treatment challenges and requirements. Ion Exchange (India) Ltd., Thermax Ltd. and Aarti Industries Ltd. are the leading water treatment chemicals market in the country.
The Indian plastic pipe market is expected to grow at a CAGR of 10.3% from 2022 to 2027, reaching an estimated value of US$10.9 billion |
The demand for piped water supply in India has been observed to be enormous, driven by population growth, rapid urbanization, and increasing awareness about hygiene and sanitation. Urban areas in India are experiencing significant demand for piped water supply due to population influxes and industrial growth. The Indian government has launched several initiatives to improve water supply infrastructure across the country, including the Jal Jeevan Mission (JJM).
Welspun corp and Astral Pipes are the two leading companies in the plastic pipe market in the country.
Water EPC: AMRUT, Swachh Bharat Mission, Namami Gange |
By Central Pollution Control Board (CPCB), the estimated wastewater generation was almost 39,600 million litres per day (MLD) in rural regions, while in urban regions it was estimated to be 72,368 MLD for the year 2020-21.
Namami Gange Programme is an Integrated Conservation Mission, approved as a Flagship Programme by the Union Government of India in June 2014 with a budget outlay of Rs.22,500 crore from 2023–26 to accomplish the twin objectives of effective abatement of pollution, conservation and rejuvenation of National River Ganga.
Thermax, Jash Engineering, EMS, Triveni Engineering and VA tech Wabag have been identified as the leading companies in water EPC segment.
Growth Demand
- Incorporation of rehabilitating and boosting the existing STPs (Sewage Treatment Plants)
- Restore and maintain the surface flow and groundwater
- Participation of the public in the process of protection, rejuvenation, and management of the river
Above views are of the author and not of the website kindly read disclaimer