2. Construction of New Water Treatment Facilities in Manufacturing Units and stricter DENR regulations will Drive Philippines Industrial Water and Waste Water Treatment: Ken Research
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.

3. 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 ( ). 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.

4. Interesting, right?
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