Vietnam Industrial Water and Waste Water Treatment Market Research Report-Ken Research

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The report titled Vietnam Industrial Water and Waste Water Treatment Market Outlook to 2022 – By Region (North, South and Central) and By Industry (Food Processing, Textile, Chemical, Power, Oil and Gas, Fertilizers and Others) provides a comprehensive analysis on the Vietnam Industrial water and waste water treatment market. The report covers introduction to Vietnam water treatment market, Ecosystem, Market size by revenue, Market segmentation by region (North, South and Central), Market Segmentation by Industry (Power, Food Processing, Textile, Chemical, Paper and Pulp, Oil and Gas, Pharma and Others), Growth Drivers, Restraints, Key Regulations Future Outlook and Analyst recommendation.

This report will help the readers to identify the ongoing trends in the industry and anticipated growth in future depending upon changing industry dynamics in coming years. The report is useful for equipment manufacturers, water treatment consumable manufacturers and suppliers, environmental associations, EPC companies and potential entrants and other stakeholders to align their market centric strategies according to ongoing and expected trends in the future.

Vietnam Industrial Water and Waste Water Treatment Market Overview

Industrial water and waste water treatment industry in Vietnam registered a positive five year CAGR during 2012-2017. The market size grew constantly in terms of order intake during the period 2012-2017. The growth was mainly driven by rapid industrialization of Vietnam which leads to high level of pollution in the water bodies, strict implementation of regulatory norms and scarcity of water promoting the industries to use recycled water. Increased demand for energy and rise in manufacturing industries has promoted the development of water treatment industry.

Market Segmentation

By Region: Southern part of Vietnam is the biggest market for water treatment industries accounting for more than half of the market in 2017. Heavy penetration of industrialization in the southern provinces (Ho Chi Minh region) was the key driver. It was followed by Northern Vietnam which due to its close proximity with China has attracted huge investment in heavy manufacturing and petrochemicals. Central part of Vietnam has not seen as much of industrial activity as North and South Vietnam. However, the region has seen recent development in Food Processing Industry and may contribute to the wastewater treatment industry in future.

By Industry: Food Processing units were the largest users of water treatment facilities in Vietnam. The country’s food and beverage industry is experiencing a healthy growth rate and attracting a lot of FDI projects. It was followed by Chemical Industry. Textile, another water intensive industry, has always been a heavy contributor to Vietnamese export and this trend is expected to continue in the future. Due to rapid industrialization and urbanization, demand for electricity has peaked and numerous power projects with investment are expected to be completed in the future. This will create a huge demand for wastewater treatment facilities.

Competition Scenario

Majority of the new contracts are in small to medium scale segment and are garnered by local companies. Companies operating in EPC business in industrial water and waste water treatment are also engaged in developing infrastructure in Sewage treatment and municipal water treatment for drinking. Many large scale projects are still in the bidding stage. Van Lang and SEEN Technologies Corporation continues to lead the market in Vietnam Industrial Water and Waste water treatment market due to their better capabilities and vast experience in developing projects in water treatment industry in Vietnam. O&M projects contributed a minor fraction of total order intake in 2017.

Future Outlook

It is expected that market will register constant growth increasing till 2022 registering a positive five year CAGR of nearly 3%. Demand is expected to be highest in the Southern states followed by the North. Future for industrial water and waste water treatment is regulation driven and degree of implementation of existing or upcoming regulation will act as the key driver of the market.

For more information on the research report, refer to below link:

https://www.kenresearch.com/energy-and-utilities/clean-technology/vietnam-industrial-water-wastewater-treatment-market/149538-103.html

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