Global Water And Wastewater Treatment Market Size By Equipment (Membrane Separation, Biological, Disinfection), By Application (Municipal, Industrial), By Geographic Scope And Forecast
Published Date: August - 2024 | Publisher: MIR | No of Pages: 320 | Industry: latest updates trending Report | Format: Report available in PDF / Excel Format
Water And Wastewater Treatment Market Size And Forecast
Water And Wastewater Treatment Market size was valued at USD 60.1 Billion in 2021 and is projected to reach USD 85.83 Billion by 2030, growing at a CAGR of 5.22% from 2023 to 2030.
Major factors driving the market growth include the increasing demand for clean water is expected to drive the growth of the market for products that can purify and conserve water resources during the forecast period, as industrialization and urbanization continue to rise. This is due to the need to address the declining availability of freshwater. The Global Water And Wastewater Treatment Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.
Global Water And Wastewater Treatment Market Definition
Wastewater treatment, also known as sewage treatment, involves the removal of impurities from wastewater or sewage before it reaches bodies of water such as rivers, lakes, oceans, or aquifers. Clean water does not exist in nature, so the definition of pure water versus polluted water is based on the type and concentration of impurities and the intended use of the water. Pollution of water is typically caused by human activities, such as the discharge of contaminated wastewater into surface water or groundwater. Wastewater treatment plays a critical role in controlling water pollution and ensuring water quality.
Global Water And Wastewater Treatment Market Overview
Rising industrialization and urbanization, along with decreasing freshwater supplies, are driving demand for clean water, which is expected to fuel the market growth during the forecast period. Additionally, advancements in exploration technologies, such as hydraulic and horizontal drilling, for shale gas exploration and its growing usage in energy and manufacturing industries are projected to drive market growth. However, the sharp increase in wastewater generated from advanced production processes poses a threat to the environment and could cause harmful effects if not properly treated before discharge into freshwater sources.
Governments around the globe are really cracking down on how industries handle water and wastewater, with serious penalties like jail time and hefty fines for those who don't follow the rules. This pressure is pushing companies to spend money on building their own treatment plants and keeping them running smoothly, which should help the market grow in the next few years. However, setting up these fancy wastewater treatment facilities can be super expensive and complicated to operate, making some industries think twice. Because of the big investments and the need for more workers, companies are holding back, which is slowing down the growth of the Water And Wastewater Treatment Market. So, even though the rules are tough, these challenges are getting in the way.
Global Water And Wastewater Treatment Market Segmentation Analysis
The Global Water And Wastewater Treatment Market is Segmented on the basis of Equipment, Application, And Geography.
Water And Wastewater Treatment Market, By Equipment
Membrane Separation
Biological
Disinfection
Sludge Treatment
Others
Looking at the Equipment used, the water and wastewater treatment market is broken down into areas like Membrane Separation, Biological methods, Disinfection, Sludge Treatment, and "Others." Right now, membrane separation equipment is a big deal. This is because production is ramping up, and people are investing more in industrial gear, which should really boost the market. Plus, MS is great because it filters better and doesn't need as much space as some other water cleaning techniques. But don't count out biological equipment! It's the fastest-growing segment. Stricter rules are pushing for less water pollution with green methods, especially in places like the US, Canada, Germany, and Japan, which is fueling the need for biological treatment gear for water and wastewater.
Water And Wastewater Treatment Market, By Application
Municipal
Industrial
Based on Application, the market is segmented into Municipal and Industrial. The Municipal sector dominates the market, driven by the rising demand for advanced treatment solutions for water used in recreational activities like swimming pools and theme parks. Meanwhile, the Industrial sector is poised for significant growth, as stricter regulations are expected to be implemented in developing nations.
Water And Wastewater Treatment Market, By Geography
North America
Europe
Asia Pacific
Rest of the world
So, when we look at where in the world the Global Water And Wastewater Treatment Market is happening, we can break it down geographicallyNorth America, Europe, Asia Pacific, and then basically, the Rest of the World. North America? They're kind of the big cheese right now, mostly 'cause beverage and pharmaceutical companies in the US are thirsty for that treated water. Plus, they need a ton of demineralized water to power up all that industry, so that's really driving things. But hey, Asia Pacific is catching up fast! China, India, and Southeast Asia are throwing some serious cash at improving their water quality and sanitation – massive investments, you know? And those industries are working hard to get their effluent treatment up to snuff using that activated sludge process to meet those pesky environmental regs, which all helps the market grow.
Key Players
The “Global Water And Wastewater Treatment Market” study report will provide valuable insight with an emphasis on the global market. The major players in the market are Ecolab Inc, Veolia Group, Evoqua Water Technologies LLC, Aquatech International Corporation, Calgon Carbon Corporation, Toshiba Water Solutions Private Limited, Xylem Inc, DuPont, Ecologix Environmental Systems, LLC, and Parkson Corporation.
Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight into the financial statements of all the major players, along with its product benchmarking and SWOT analysis.
Ace Matrix Analysis
The Ace Matrix provided in the report would help to understand how the major key players involved in this industry are performing as we provide a ranking for these companies based on various factors such as service features & innovations, scalability, innovation of services, industry coverage, industry reach, and growth roadmap. Based on these factors, we rank the companies into four categories as Active, Cutting Edge, Emerging, and Innovators.
Market Attractiveness
The image of market attractiveness provided would further help to get information about the region that is majorly leading in the Global Water And Wastewater Treatment Market. We cover the major impacting factors that are responsible for driving the industry growth in the given region.
Porter’s Five Forces
The image provided would further help to get information about Porter’s five forces framework providing a blueprint for understanding the behavior of competitors and a player’s strategic positioning in the respective industry. Porter’s five forces model can be used to assess the competitive landscape in Global Water And Wastewater Treatment Market, gauge the attractiveness of a certain sector, and assess investment possibilities.
Report Scope
REPORT ATTRIBUTES
DETAILS
Study Period
2018-2030
Base Year
2021
Forecast Period
2023-2030
Historical Period
2018-2020
Unit
Value (USD Billion)
Key Companies Profiled
Ecolab Inc, Veolia Group, Evoqua Water Technologies LLC, Aquatech International Corporation, Calgon Carbon Corporation, Toshiba Water Solutions Private Limited, Xylem Inc.
Segments Covered
By Equipment
By Application
By Geography
Customization Scope
Free report customization (equivalent to up to 4 analysts’ working days) with purchase. Addition or alteration to country, regional & segment scope.
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Research Methodology of Market Research
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Reasons to Purchase this Report
We take a close look at the market, using both numbers and more nuanced qualitative factors to break it down into understandable segments. We'll give you the market value (in USD Billion) for each of those segments. You’ll also find out which region and segment we think will grow the fastest and be the biggest. We'll analyze each region, digging into product/service consumption and what's driving (or holding back) the market there. We'll also show you the competitive scene, including market rankings and all the big moves – new product launches, partnerships, expansions, and acquisitions – from the last five years. You’ll get detailed profiles of the major players, covering everything from company overviews to SWOT analyses. Expect a look at the present and future of the industry, pointing out growth opportunities, drivers, challenges, and restraints in both emerging and developed regions. We even dive into a Porter's Five Forces analysis to give you a comprehensive view. A Value Chain analysis offers more insight, plus a picture of market dynamics and future growth opportunities. And just so you know, you get 6 months of analyst support after the sale.
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