PUBLISHER: Frost & Sullivan | PRODUCT CODE: 1568904
PUBLISHER: Frost & Sullivan | PRODUCT CODE: 1568904
Disruptive Technologies and Innovative Business Models are Driving Growth
Per- and polyfluoroalkyl substances (PFAS) present substantial environmental and health risks. Their complex structure makes them resistant to natural breakdown and allows them to accumulate in living organisms, posing a potential health risk. Growing evidence of PFAS contamination in surface water, groundwater, wastewater, soil, and air is compelling public water utilities and private companies across Europe to invest in detection and management technologies. Significant investments from the European Union (EU) are accelerating the development and implementation of PFAS contamination mitigation technologies.
This study provides an in-depth analysis of the drinking water PFAS management industry in Europe. It identifies industry trends and examines the factors aiding and restraining growth. While increasing public awareness and stricter regulations drive the market, significant challenges include escalating treatment costs and technological limitations. Industry stakeholders must adapt to evolving regulatory frameworks, explore innovative business models that include new partnerships, and enhance public-private collaborations. The study identifies the opportunities emerging from the changes in this space for market players and industry leaders to leverage, offering valuable insights for improving PFAS management and protecting Europe's water resources. The base year is 2023, and the forecast period is from 2024 to 2030.