Shanghai Songjiang Vibration Absorber Co., Ltd. presents information about the gradual maturity and stability in the development of the water treatment industry. We provide rubber expansion joints as accessories for water treatment equipment, serving to reduce vibration and noise.
The water treatment industry is gradually maturing and stabilizing. In China, the market size for the governance of circulating water systems and comprehensive water resources reached 315.2 billion yuan in 2018 and increased to 530.4 billion yuan by 2021, with the growth rate continuously rising. Specifically, the market size of the circulating water system governance industry increased from 47.2 billion yuan in 2018 to 77 billion yuan in 2021.
After years of development, China’s water treatment industry has matured. Recent stringent policies on water pollution control have continuously boosted the market size of the water treatment industry.
The future prospects of China’s water treatment industry are promising, influenced mainly by two factors. Firstly, rigid demand under government policies, which encourage initiatives such as water pollution control, energy conservation, emission reduction, emphasis on water resource recycling, and addressing drinking water issues in water-scarce areas. These demands will primarily drive the rapid development of the circulating water market and the small to medium-scale industrial wastewater treatment market. Secondly, inherent demand arising from economic development and improved living standards, including urban renovation and upgrading, construction of mid-to-high-end communities, and increased demand for parks and green spaces, leading to new demands for water treatment. These demands will mainly promote the development of rainwater, landscape water treatment, and domestic sewage treatment markets.
Correspondingly, water treatment enterprises are steadily entering a new stage of development. Companies such as Guochuang Holdings and Beijing Enterprises Water Group have generally performed well. Zhonghuan Water continues to advance in equipment, engineering, sludge, industrial wastewater, and other aspects. Meanwhile, the overall improvement in the water treatment market has enabled private enterprises to achieve varying degrees of development. Sande Group has not only seen steady growth in revenue and corporate assets but has also gradually upgraded its business model, becoming a leader among private environmental protection enterprises. Additionally, Zhongshan Utilities has begun to expand beyond Zhongshan, Guangdong Province, and China Guodian Corporation has also turned its attention to the water treatment industry. With the overall positive trend in the water treatment industry market, we can expect to see more integration and competition in the future.
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