{"id":7039,"date":"2020-08-18T00:00:00","date_gmt":"2020-08-18T00:00:00","guid":{"rendered":"https:\/\/www.gradiant.com\/gradiant-eyes-rapid-growth-in-asia-pacifics-us5b-water-market-with-12-project-wins-in-h1-2020\/"},"modified":"2025-10-22T17:02:17","modified_gmt":"2025-10-22T21:02:17","slug":"gradiant-eyes-rapid-growth-in-asia-pacifics-us5b-water-market-with-12-project-wins-in-h1-2020","status":"publish","type":"post","link":"https:\/\/gradiant.com\/ko\/press-release\/gradiant-eyes-rapid-growth-in-asia-pacifics-us5b-water-market-with-12-project-wins-in-h1-2020\/","title":{"rendered":"Gradiant Eyes Rapid Growth in Asia Pacific\u2019s US$5B Water Market with 12 Project Wins in H1 2020"},"content":{"rendered":"
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SINGAPORE \u2013 August 18, 2020<\/strong>\u00a0-<\/strong>\u00a0Gradiant Corporation<\/strong>, a leader in innovative solutions for desalination and industrial\u00a0wastewater\u00a0treatment, announced today that it has secured 12 new projects across Asia Pacific in the first half of 2020. This represents a multi-fold year-on-year growth in the region, boosting Gradiant\u2019s ability to capitalise on Asia Pacific\u2019s water market, worth US$5B according to data from\u00a0Global Water Intelligence (GWI)<\/a>.<\/em><\/p>\n

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These projects address complex water challenges in textiles, pharmaceuticals, infrastructure, power, FMCG, chemicals and water supply. \u00a0The projects range from the production of domestic water from rivers to treatment of high-contamination industrial effluent for reuse, including Zero Liquid Discharge (ZLD) applications. Delivered under a Build-Own-Operate service approach and equipment sale business model, the 12 projects have a combined value of over US$250M and are forecasted to deliver annual revenues of approximately US$25M.<\/p>\n

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\u201cThe robust growth that Gradiant has secured across key markets in Asia Pacific is a testament to the increasing demand and recognition of the economic and socioeconomic value that water treatment technologies can generate. These project wins spearhead an exciting growth phase for Gradiant in Asia, echoing our commitment to better serve our customers as we cement ourselves as a leader in the region\u2019s water treatment landscape,\u201d Gradiant COO and co-founder Prakash Govindan affirmed.<\/p>\n

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To meet the region\u2019s growing demand for desalination and water filtration technologies, Gradiant has consolidated its membrane innovations into an integrated technology suite, RO Infinity (ROi). Solutions under the ROi brand comprise Gradiant\u2019s patented Counterflow Reserve Osmosis (CFRO) process as well as advanced Reverse Osmosis (RO) and Forward Osmosis (FO) techniques designed to overcome barriers that limit traditional desalination methods. The ROi solution suite opens an incremental addressable market of US$500m for the company.<\/p>\n

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\u201cWe are very excited to launch the ROi suite, that provides customers with more clean water, less waste, optimal energy efficiency, and guaranteed reliability. The combination of product R&D advances, best available technologies, and our culture of innovation is enabling Gradiant to tackle some of the world\u2019s toughest water treatment challenges,\u201d said Rick Stover, Vice President of Technology.<\/p>\n

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Demand for Gradiant\u2019s products and services is expected to accelerate drastically in Southeast Asia. At the recently concluded\u00a036th<\/sup>\u00a0ASEAN Summit, sustainability was recognised as being key to long term growth, and is expected to form a core component of post-pandemic economic recovery plans.<\/p>\n

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With over 125 people throughout APAC and cutting-edge testing and R&D labs in Singapore, Chennai (India), Shanghai (China) and Boston (US), GRADIANT is firming up its position as a global leader in technology driven desalination and water treatment.<\/p>\n

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