Global Wastewater Treatment Services market is anticipated to grow at a steady pace in the forecast period, 2024-2028, growing at a significant CAGR in the forecast period.
Rising of Initiatives by the Government
The Global Wastewater Treatment Services market is expanding as a result of increased environmental measures by governmental bodies for minimal waste creation. Nations all around the world have implemented stringent regulations to prohibit the unlawful dumping of wastewater and even tighter regulations to stop naturally contaminating waterways. According to the US EPA (United States Environmental Agency), the clean water act and no discharge zones were established to monitor and regulate the discharge of untreated sewage. To prevent unlawful discharge, China's Water
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Market Segmentation
The Global Wastewater Treatment Services market is divided into Application, Treatment Technologies, and Process. Based on Application, the market is divided into Municipal and Industrial. Further, the Industrial sub-segment is segregated into Manufacturing, Pharmaceutical, Chemical, Pulp & Paper, Petrochemical, Semiconductor, and Others. Based on Treatment Technologies, the market is segmented into Membrane Separation, Reverse Osmosis Membranes, Ultrafiltration Membranes, Micro-Filtration Membrane, Nano-Filtration Membrane, and Others. Based on Process, the market is divided into
Market Players
Major market players in the Global Wastewater Treatment Services market are
Recent developments
- In April 2022, Suez, in collaboration with Jiangsu Sino French Water Company Limited, acquired a build-and-operate contract for a plant in Changshu that will treat industrial wastewater.
- Evoqua Water Technologies LLC acquired the Renal Business in January 2022 from the STERIS Group subsidiaries Mar Cor Purification and Cantel Medical. The company's ability to provide tried-and-true water solutions for the healthcare sector in North America was bolstered by the acquisition.
- In March 2022, Veolia Environment announced plans to build a Serbian wastewater treatment facility for USD 19.8 million (EUR 18 million). It is anticipated that construction will start within the next 12 months, with a 3.5-year project timeline.
- In November 2021, Kemira increased its ability to produce chemicals for water treatment in the United Kingdom. The yearly output of ferric-based water treatment chemicals at Goole will increase by about 100 kilotons due to this development. The business also boosted by 30,000 tons in January 2021, the manufacturing of chemicals for water treatment based on aluminum at Ellesmere Port.
- Pep Guardiola, the manager of Manchester City Football Club, and Xylem Inc. teamed together in October 2021 to encourage public participation in discussions on the world's water issues and to spread knowledge about and encourage sustainable water use.
- A contract for engineering and technology to provide a raw water treatment facility for a gold plant project in the Middle East was signed by Metso Outotec in September 2021. The raw water treatment facility, one of the numerous eco-friendly technologies offered by Metso Outotec, will support the performance and effectiveness of the gold plant's processes. The new raw water treatment plant's raw water supply is cleaned municipal wastewater.
- In July 2021, Kurita and Toshiba began working together on water treatment for power plants with the goal of creating services that would enable stable wastewater treatment operation and reduce environmental impact. To do this, they combined Kurita's water treatment technologies and expertise with the TOSHIBA SPINEX and applied the microservice architecture in accordance with customer needs.
- The enormous volume of wastewater produced by companies, accounts for more than half of the market income for wastewater treatment plants. According to projections in the United Nations World Water Development Report 2021, industrial water demands are expected to treble by 2030.
- To bring membrane degasification modules to market, Sun Chemical, and its parent company, the DIC Corporation, entered an exclusive worldwide cooperation with DuPont Water Solutions in September 2020. In addition to reverse osmosis, ion exchange resins, and ultrafiltration. DuPont's leading range of water purification and separation technologies now includes Ligasep membrane degassing modules.
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Attribute
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Details
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Base Year
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2022
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Historic Data
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2018–
2021
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Estimated Year
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2023
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Forecast Period
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2024
– 2028
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Quantitative Units
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Revenue in USD Million, and CAGR for 2018-2022 and 2024-2028
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Report Coverage
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Revenue
forecast, company share, growth factors, and trends
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Segments Covered
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Application
Treatment Technologies
Process
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Regional scope
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Asia-Pacific,
North America, Europe, Middle East & Africa, South America
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Key companies profiled
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Veolia Environnement SA, Xylem Inc, Suez SA, Ecolab Inc,
Evoqua Water Technologies LLC, Pentair, WOG Technologies Private Limited, SWA
Water Australia PTY Limited, Aries Chemical Inc, Aquatech International LLC.
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Customization scope
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10%
free report customization with purchase. Addition or alteration to country,
regional & segment scope.
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Pricing and purchase options
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Avail customized purchase options to meet your exact research
needs. Explore purchase options
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Delivery Format
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PDF and Excel
through Email (We can also provide the editable version of the report in
PPT/Word format on special request)
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