Web Exclusive: Water Treatment Equipment Market To See Growth
Stricter governmental regulations have spurred new areas of growth for the U.S. water treatment equipment markets.
Stricter governmental regulations have spurred new areas of growth for the U.S. water treatment equipment (WTE) markets. Legislation - such as the Safe Drinking Water Act and the Interim Enhanced Surface Water Treatment Rule - has been urging municipal water treatment facilities to upgrade aging equipment.
According to recent research by Frost & Sullivan, the WTE market brought in more than $900 million in revenue in
1999, and is expected to increase its annual revenue growth rates through the next five years.