Global Water And Wastewater Treatment Market Size By Equipment (Membrane Separation, Biological, Disinfection), By Application (Municipal, Industrial), By Geographic Scope And Forecast
Published on: 2024-08-08 | No of Pages : 320 | Industry : latest updates trending Report
Publisher : MIR | Format : PDF&Excel
Global Water And Wastewater Treatment Market Size By Equipment (Membrane Separation, Biological, Disinfection), By Application (Municipal, Industrial), By Geographic Scope And Forecast
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.
Strict regulations on water and wastewater treatment by industries are in place worldwide, and those who do not comply may face severe consequences such as imprisonment and large fines. This has led to companies investing in building treatment facilities and performing regular maintenance, which is expected to boost the market growth in the coming years. The high costs associated with building advanced wastewater treatment facilities, as well as the complexity of operations, have deterred industries from implementing these technologies. The need for heavy investments and increased labor requirements have caused companies to hesitate, leading to a decline in the growth of the Water And Wastewater Treatment Market. Despite stringent regulations, these factors are hindering the market’s growth.
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
Based on Equipment, the market is segmented into Membrane Separation, Biological, Disinfection, Sludge Treatment, and Others. The membrane separation equipment segment holds a significant share of the market due to the growing production activities and rising investments in industrial equipment, which are expected to drive market growth. Membrane separation offers advantages such as better filtration efficiency and reduced area needed for operation compared to other water purification methods. Also, biological equipment is the fastest growing segment due to the strict regulations aimed at reducing water pollution through the use of environmentally friendly methods in developed markets such as the US, Canada, Germany, and Japan are expected to drive the demand for biological treatment equipment for water and wastewater treatment.
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
On the basis of geography, the Global Water And Wastewater Treatment Market is segmented into North America, Europe, Asia Pacific, Rest of the World. The North American region dominates the market for treated water due to high demand from the beverage and pharmaceutical industries in the US. The need for increased power generation to support industrial growth in the region has also boosted the demand for demineralized water, driving market growth. On the other hand, the Asia Pacific region is experiencing the fastest growth due to large-scale investments by China, India, and Southeast Asia to improve water quality and sanitation services. The focus of industries in the region on developing an effluent treatment based on the activated sludge process to comply with environmental regulations is also contributing to market growth.
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 |
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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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Reasons to Purchase this Report
• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors• Provision of market value (USD Billion) data for each segment and sub-segment• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions• Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis• Provides insight into the market through Value Chain• Market dynamics scenario, along with growth opportunities of the market in the years to come• 6-month post-sales analyst support
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