Growing awareness about the benefits of water treatment, depleting water resources in the island nation due to increased consumption and stricter regulations will drive the market for water treatment business.
According to Ken Research report titled “Philippines Industrial Water and Waste Water Treatment Market Outlook to 2022 By Region (Luzon, Visayas and Mindanao) and By Industry (Electronics-Semiconductors, Agriculture-Food Processing, Chemicals-Pharmaceuticals-Fertilizers, Power and Others)” demand is expected to be highest in the Luzon followed by Mindanao and Davao region due to increased industrialization focus by the current government.
Industrial water and waste water treatment industry in Philippines in still in the growth phase and registered a positive five year CAGR in last five years (2012-2017). The growth was mainly driven by strict implementation of regulatory norms and scarcity of water promoting the industries to use recycled water. Increased demand for energy and rise in manufacturing sector has promoted the development of water treatment industry. Major water treatment companies included Ecosystem Technology International Inc, Maynilad Water, DM Consunji, Subic Water and Sewerage Company, Wabag Philippines and the Bauer International Group. The market is largely dominated by large domestic companies or Joint venture of domestic companies with prominent foreign players. Majority of the equipments are imported. New and technologically advanced membranes and filters are gaining traction and are mainly imported as demand is still in the growing phase.
Electronics and semiconductor industry was the largest user of water treatment facilities in Philippines. More than half of the overall exports from Philippines by value come from this industry. It was followed by chemicals industry and food and beverages industry. Luzon region has very high volume of installed water treatment facility as it is the most industrialized region in Philippines. Currently Visayas region was the second largest contributor in terms of demand creation for water treatment. The Mindanao region is expected to register high industrial growth in the current situation and thus contribute more in the coming years overtaking the Visayas region.
Stringent regulations by the DENR, depleting water resources and degrading water quality, rising water demand, government initiatives promoting water treatment installations, companies opting for zero liquid discharge through their units, changing political landscape and huge untapped market potential especially in SMEs are the key growth drivers in the Philippines Industrial water and waste water treatment market. Poor implementation of existing regulations in many parts of the country, lack of ETPs in SMEs, fragmented market in equipment supply, poor energy efficiency among the waste water treatment facilities, lack of funds, price sensitivity in tenders, and poor investment in R&D are some key restraints in the water treatment business.
Key Topics Covered in the report
Overview of Water and Waste Water Treatment Industry in Philippines
Value chain analysis
Philippines Industrial water and waste water market size by revenue
Major players in the Philippines water and waste water treatment Ecosystem
Market segmentation by region (Luzon, Visayas and Mindanao) and By Industry (Electronics-Semiconductors, Agriculture-Food Processing, Chemicals-Pharmaceuticals-Fertilizers, Power and Others)
Comparative Analysis of Major Companies
Company profile of major companies (ESTII, Maynilad Water, VA Tech Wabag Philippines, Subic Water and Sewerage Company)
Market Share of Major Players
For more information on the research report, refer to below link:
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
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Ankur Gupta, Head Marketing & Communications