Industrial waste reduces the availability and quality of water at an alarming rate, and the rising awareness of this hazard has led industrial end users to implement wastewater treatment techniques.
New analysis from Frost & Sullivan (environmental.frost.com), Industrial Wastewater Treatment Equipment Market in Indonesia, finds that the market earned revenues of $64.3 million in 2009 and is likely to reach $89.9 million in 2016.
Manufacturers have been inventing an increasing number of result-oriented and better-performing equipment to cater to the escalating demand for their products, especially as end users are becoming more technologically aware and capable of weighing the long-term benefits of advanced treatment systems.
"On the flip side of these technological advances, end-user perception about the complexity of the wastewater treatment equipment discourages them as they lack technical skills in operating, handling, and maintaining the equipment," says Frost & Sullivan Consultant Vidhi Yaduvanshi. "Additionally, smaller end users have limited capital funds and they tend to look for lower-cost solutions such as conventional technologies i.e. septic tanks rather than a wastewater treatment plant."
In such a market, companies that offer integrated solutions in engineering, procurement, and construction (EPC) and supply of equipment are likely to be the most popular. Participants need to focus on increasing water availability and quality, providing local fabrication facility, enhancing awareness of industrial end users, and acquiring a reputation for green practices.
The market is expected to witness steady progress at an annual growth rate of 4-6 percent, as the economy is likely to be stable and industrial end users invest substantially in upgrading their facilities and expanding the existing systems. Owing to the price consciousness of end users, the industrial wastewater treatment equipment market is competitive in terms of price and quality.
"Participants also need to understand end users' technical and budget requirements," notes Frost & Sullivan Program Manager Melvin Leong. "Industrial wastewater treatment equipment companies may need to have local fabrication facilities to deal with the price competitiveness in the market."
Indonesia has a huge need for environmental measures for water quality control. This results in significant potential for the industrial wastewater treatment equipment market. The market is relatively young and therefore, first movers stand to gain considerably.
If you are interested in more information on this study, please send an email to Donna Jeremiah, Corporate Communications, at djeremiah[.]frost.com, with your full name, company name, title, telephone number, company email address, company website, city, state and country.
Industrial Wastewater Treatment Equipment Market in Indonesia is part of the Environmental Growth Partnership Services program, which also includes research in the following markets: Residential Water Treatment Equipment Market in Singapore, IFM Market in Australia, and Bottled Water Market in Indonesia. All research services included in subscriptions provide detailed market opportunities and industry trends that have been evaluated following extensive interviews with market participants.
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Industrial Wastewater Treatment Equipment Market in Indonesia / P456