The market for ultraviolet (UV) disinfection equipment is anticipated to develop as government rules for water disinfection are more implemented. Furthermore, China is concentrating on replacing conventional wastewater treatment techniques and equipment with cutting-edge, brand-new technologies like UV disinfection. The market for ultraviolet (UV) disinfection equipment is expanding as a result of additional regions, including the U.S. and Europe, adopting the UV disinfection approach for wastewater treatment.
The market for UV Disinfection Equipment was valued at US$ 3.6 billion in 2022 and is anticipated to grow at a CAGR of 16.4% from 2023 to 2030.
Major Players in the UV Disinfection Equipment Industry:
1. Severn Trent Plc:
Established in 1974. Located in England, in the United Kingdom. Water utilities firm Severn Trent PLC is situated in the UK. Although it also does business in the US and other parts of Europe, the company's primary market is the UK. The company's regulated water and wastewater business, which provides water and manages sewage and environmental services, generates the majority of its revenue. Additionally, the corporation runs a business services division that engages in renewable energy activities. Plans to purchase Andigestion have been announced by Severn Trent Green Power.
2. Calgon Carbon Corporation:
Built in 1942. Headquarters in the United States. Activated carbon technologies are being developed and manufactured to shield people and the environment from toxins in water, air, food, and industrial processes. The company provides purification systems for industrial and commercial manufacturing processes, including the purification of foods and medicines, separating gas and removing mercury emissions from coal-fired power plants. It also provides systems for drinking water, wastewater, odour control, pollution abatement, and industrial and commercial manufacturing processes. Kuraray Co., Ltd. (hereafter "Kuraray" or the "Company"; Head Office: Chiyoda-ku, Tokyo; President: Hitoshi Kawahara) hereby announces its decision to divest operations related to UV-based water treatment and ballast water treatment run by Calgon Carbon Corporation (hereinafter "Calgon Carbon"), a Group subsidiary with headquarters in the United States.
3. Xylem Inc.:
Established in 2011. United States headquarters. For customers in the utility, industrial, commercial, and residential sectors, Xylem, a world leader in water technology, provides a comprehensive range of solutions, including the transportation, treatment, testing, and efficient use of water. In 2011, Xylem was separated from ITT. With a headquarters in Rye Brook, New York, Xylem operates in more than 150 countries and has 16,200 employees. In 2022, the business earned $672 million in adjusted operating income off of $5.5 billion in revenue.