PORTLAND, Ore. — Allied Market Research (AMR) released a new report titled, “UV Disinfection Equipment Market – Size, Industry Analysis, Trends, Growth, and Forecast, 2013-2020,” according to a press release.

The new report projects that the global ultraviolet (UV) disinfection equipment market could potentially reach $2.8 billion by 2020, registering a CAGR of 15.3 percent during 2014-2020, stated the release.

The release continued that the current progress throughout the market is due to the growing environmental concerns, shrinking fresh water sources and toxicity of industrial water wastes.

The report also analyzes the application of water treatment in residential, commercial and municipal sectors, and currently the municipal water treatment sector holds over 50 percent of the share in the “water treatment application of UV equipment,” added the release.

Based in Portland, Oregon, AMR is a full-service market research and business-consulting wing of Allied Analytics LLP providing global enterprises, along with medium and small businesses, with business intelligence solutions and market research reports, noted the release.

You can find the release here.

Check out the report here.