Mar 28, 2022   SOURCE: BusinessWire

Worldwide Wastewater Treatment Industry to 2030 - Increased Environmental Initiatives by Government Worldwide for Low Waste Generation is Driving Growth - ResearchAndMarkets.com

The "Global Wastewater Treatment Market, By Offerings, By Application, By Region, Estimation & Forecast, 2017 - 2030" report has been added to ResearchAndMarkets.com's offering.

The global wastewater treatment market was valued at USD 250.38 Billion in 2021 and is forecasted to reach USD 462.49 Billion by the year 2030. The market is anticipated to register a CAGR of 7.41% over the projected period.

Wastewater treatment is a step-by-step procedure of converting wastewater into usable water, which can be discharged back into the environment. It majorly involves 3 stages - Primary, Secondary, and Tertiary. Increased environmental initiatives by government worldwide for low waste generation is expected to boost the market growth. Furthermore, continuously rising population and urbanization increases demand to regulate wastewater which also fuels the market growth.

Growth Influencers:

Increased environmental initiatives by government worldwide for low waste generation

Governments of various countries globally have taken several environmental initiatives for reducing waste generation. Furthermore, stringent norms are being formulated against pollution of natural water bodies as well as illegal wastewater discharge.

Developed economies, such as the U.S. has strict laws for potable water, drinking water, and wastewater, for proper treatment of wastewater. Similarly, government of India launched the Swachh Bharat Abhiyan, Swachhata app, Mahatma Gandhi Swachhata Mission, Swachhata Helpline and Swachhata Survekshan. Such environmental initiatives by government worldwide for low waste generation are expected to boost the market growth.

The global Wastewater Treatment market report answers questions such as:

  • What is the market size and forecast of the Global Wastewater Treatment Market?
  • What are the inhibiting factors and impact of COVID-19 on the Global Wastewater Treatment Market during the assessment period?
  • Which are the products/segments/applications/areas to invest in over the assessment period in the Global Wastewater Treatment Market?
  • What is the competitive strategic window for opportunities in the Global Wastewater Treatment Market?
  • What are the technology trends and regulatory frameworks in the Global Wastewater Treatment Market?
  • What is the market share of the leading players in the Global Wastewater Treatment Market?
  • What modes and strategic moves are considered favorable for entering the Global Wastewater Treatment Market?
  • What is the water and wastewater treatment market size worldwide?
  • What is the wastewater treatment cost in main areas?

Segments Overview:

The global Wastewater Treatment market is segmented the offerings and application.

By Type

  • Services
  • Designing & Engineering Consult
  • Building & Installation Services
  • Operation & Process Control
  • Maintenance Service
  • Others
  • Technologies
  • Membrane Separation
  • Reverse Osmosis (R.O.) Membranes
  • Ultrafiltration (U.F.) Membranes
  • Micro-Filtration (M.F.) Membrane
  • Nano-Filtration (N.F.) Membrane
  • Others
  • Activated Sludge
  • Clarification
  • Sludge Thickening and Dewatering
  • Chlorination
  • Industrial Demineralization
  • Sludge Drying
  • Membrane Bio-Reactor (MBR)
  • Sludge Digestion
  • Electrochemical Water Treatment (EEC/EEO)
  • Others
  • Treatment Chemicals
  • Coagulants & Flocculants
  • Disinfectants and General Biocidal Products
  • Scale and Corrosion Inhibitors
  • Antifoam Chemicals
  • Ph Conditioners
  • Others

The technologies segment is expected to hold the largest market share owing to growing demand of various waste water treatment technologies such as membrane separation and sludge digestion, among others. Within this segment, the membrane bio-reactor (MBR) segment is estimated to surpass the industrial demineralization segment in terms of market size and hit a value of USD 12.89 billion by 2024. The services segment is anticipated to witness the fastest growth rate of 8.3% during the forecast period owing to growing number of initiatives for low waste generation.

By Application

  • Municipal
  • Industrial
  • Manufacturing
  • Pharmaceuticals and Chemicals
  • Power
  • Energy
  • Pulp and Paper
  • Mining
  • Petrochemical
  • Semiconductors
  • Others

The municipal segment is anticipated to grow at the fastest rate of 7.72% owing to increasing of government of various countries on enhancing the water quality and public health. Within the industrial segment, the energy segment is expected to account for a market size of USD 14.43 billion in 2030.

Regional Overview

Based on region, the global Wastewater Treatment market is divided into Europe, North America, Asia Pacific, Middle East & Africa, and South America.

The North America region is expected to hold the largest market share owing to the presence of a well-developed industrial sector in the region. Furthermore, increasing adoption of strict regulations for protection and preservation of the environment is also expected to boost the market growth.

Asia Pacific region witnessed the fastest growth rate of 8.62% owing to the growing living standards in the Asian countries, such as China and India. Growing investments in the wastewater management area is also estimated to fuel the market growth during the projected period.

Companies Mentioned

  • Suez Environnement S.A.
  • Xylem, Inc.
  • DuPont de Nemours, Inc.
  • Evoqua Water Technologies Corporation
  • 3M Company, Inc.
  • Pentair plc
  • United Utilities Group P.L.C.
  • Kingspan Water & Energy
  • The Dow Chemical Company
  • Kemira Oyj
  • Calgon Carbon Corporation
  • Kurita Water Industries Ltd.
  • Bio-Microbics, Inc.
  • Trojan Technologies Inc.
  • Aquatech International Corporation
  • ASIO, spol. s r.o.
  • Orenco Systems, Inc.
  • Scinor Water America, L.L.C.
  • Elgressy Engineering Services Ltd.
  • Outotec Oyj
  • BASF SE
  • Blue Eden CleanTech Solutions Inc.

For more information about this report visit https://www.researchandmarkets.com/r/cu0lqe