Turkey Water Treatment System Market (2022-2028) | Forecast, Size, Analysis, Growth, Trends, Value, Revenue, Outlook, Industry, Share, Segmentation & COVID-19 IMPACT

Turkey Water Treatment System Market Synopsis

The Turkey Water Treatment System Market is anticipated to grow owing to the increased demand for wastewater treatment from a rising residential and industrial sector. The amount of water usage by the industrial sector reached 2.8 billion cubic meters in 2020 from 2.2 billion cubic meters in 2016. Moreover, the Organized Industrial Zones (OIZs) of the country is expected to get support from the World Bank and the Ministry of Industry and Communication, for increasing their environmental sustainability which would add fresh investments in the industrial market. In addition to industrial treatment systems, commercial standalone plants are also expected to show sharp growth in coming years as hotel and office supply is constantly rising in the region with hotel supply reaching 14,323 establishments in 2021 from 13,476 in 2020. Further, a total Grade-A office supply is expected to outpace 7.4 million sq m GLA by the end of 2023. Growing water consumption in industrial and commercial establishments coupled with growing water scarcity will drive the market for the adoption of efficient water treatment systems in the years to come.

According to 6Wresearch, Turkey Water Treatment System Market size is projected to grow at a CAGR of 5.4% during 2022-2028. Turkey Water Treatment System Industry witnessed steady growth in the past on the back of green infrastructure concerns, rising water scarcity in the region coupled with the rapidly growing industrial sector and urban population. For instance, in 2019, the summer and autumn months were mostly devoid of rain, and water levels in reservoirs dwindled. This was followed by 2020, which was the driest of the past five years, with notably little rainfall in the latter half of the year. Water scarcity coupled with growing water consumption from the residential and industrial sectors was a major driving factor for the growth of the water treatment system market of Turkey in the past few years. The market is one of the main parts of the Middle East Water Treatment System Market. The market witnessed a positive demand shift during 2020 due to the covid-19 outbreak as the need for proper and advanced water treatment in hospitals and the residential sector became a major priority for governments as well authorities to contain the secondary spread of the virus.  

There are various players in the market and the leading players in the Turkey Water Treatment System Market are Aquamatch, ESL? Pollet Water Group and Vatek. These companies are dominating the market.

Market by Technology

Reverse osmosis technology systems capture the highest share owing to the demand from commercial and residential sectors such as hotels, office complexes and residential apartments. With a growing residential and industrial sector, the demand for RO is expected to increase in the coming years.

Market by Application

By application, process water garnered the highest revenue share in 2021 and a similar trend is expected to continue in the future owing to its application in the industrial sector which is growing rapidly in Turkey on account of government initiatives such as the Technology-Oriented Industry Initiative (2019).

Market by End User

Industrial sector acquires the largest share in overall revenue of the water treatment market because of diversified application and yearly investment need for proper operation of the treatment system and the similar trend is estimated to continue in the coming years.

Key Attractiveness of the Report

• COVID-19 Impact on the Market.
• 11 Years Market Numbers.
• Historical Data Starting from 2018 to 2021.
• Base Year: 2022
• Forecast Data until 2028.
• Key Performance Indicators Impacting the Market.
• Major Upcoming Developments and Projects.

Key Highlights of the Report

• Turkey Water Treatment System Market Overview
• Turkey Water Treatment System Market Outlook
• Turkey Water Treatment System Market Forecast
• Historical Data and Forecast of Turkey Water Treatment System Market Revenues for the Period 2018-2028F
• Historical Data and Forecast of Turkey Water Treatment System Market Revenues, By Technology for the Period 2018-2028F
• Historical Data and Forecast of Turkey Water Treatment System Market Revenues, By Application for the Period 2018-2028F
• Historical Data and Forecast of Turkey Water Treatment System Market Revenues, By End User for the Period 2018-2028F
• Turkey Water Treatment System Market Drivers
• Turkey Water Treatment System Market Trends
• Turkey Water Treatment System Market Industry Life Cycle
• Porter’s Five Force Analysis
• Market Opportunity Assessment
• Turkey Water Treatment System Market Revenues Ranking, By Company
• Turkey Water Treatment System Market Overview on Competitive Benchmarking
• Key Strategic Recommendations

Market Scope and Segmentation

The report provides a detailed analysis of the following market segments:

By Technology

• Activated Carbon filters
• Distillation
• Reverse Osmosis
• Electro deionization
• Ion exchange
• Other (Ultra Filtration, Nano Filtration, Micro Filtration)

By Application

• Water Treatment/Process Water
• Wastewater Treatment
• Zero Liquid Discharge
• Desalination

By End User

• Municipal
• Industrial
• Commercial & Residential