PUBLISHER: Meticulous Research | PRODUCT CODE: 1535297
PUBLISHER: Meticulous Research | PRODUCT CODE: 1535297
The research report titled, 'Water and Wastewater Treatment Market by Type (Wastewater Treatment, Water Treatment), Offering (Treatment Technology, Treatment Chemicals), Application (Municipal, Industrial), and Geography-Global Forecast to 2033,' provides an in-depth analysis of the water and wastewater treatment market in five major geographies and emphasizes on the current market trends, size, and share, recent developments, and forecasts till 2033. The water and wastewater treatment market is projected to reach $1,024.8 billion by 2033, at a CAGR of 5.9% from 2024-2033.
Water treatment refers to the process of improving the quality of water with the purpose of serving an end-use such as drinking water, industrial water supply, and water recreation. Additionally, wastewater treatment is a process that removes and eliminates contaminants from wastewater. It thus converts it into an effluent that can be returned to the water cycle. Water and wastewater treatment facilities speed up the natural process of purifying water; these facilities use various processes (e.g., physical, chemical, and biological) to treat industrial wastewater and municipal wastewater to remove pollutants and send the purified water back into the environment. There are various treatment technologies used for water and wastewater, such as membrane separation and filtration, sludge management technology, UV and ozone, activated sludge, activated carbon, and several others.
The growth of the water and wastewater treatment market is driven by rapid population growth, urbanization, stringent water treatment regulations, the lack of freshwater resources, and the increasing prevalence of waterborne diseases. However, the high costs of installing, maintaining, and operating water and wastewater treatment infrastructure restrain the growth of this market. Furthermore, the rising demand for energy-efficient and advanced water treatment technologies is expected to generate growth opportunities for market players. Also, upgrading and repairing aging water infrastructure is a major challenge in the water and wastewater treatment market.
The water and wastewater treatment market is segmented by type (wastewater treatment and water treatment), offering (treatment technologies; treatment chemicals; process control and automation; design, engineering, and construction services; and operation and maintenance services), application (municipal applications and industrial applications), and geography. The study also evaluates industry competitors and analyses the market at the country and regional levels.
Based on type, the water and wastewater treatment market is segmented into wastewater treatment and water treatment. The wastewater treatment segment is expected to register the highest CAGR during the forecast period. The segment's growth is attributed to the rising focus on water quality and public health, the growing prevalence of water-borne diseases and stringent governmental regulations, and the rising expansion of industrialization and urbanization.
Based on offering, the water and wastewater treatment market is segmented into treatment technologies, treatment chemicals, process control and automation, design, engineering, and construction services, and operation and maintenance services. The process control & automation segment is projected to register the highest CAGR during the forecast period. The growth of this segment is attributed to the rising concerns regarding water scarcity, declining water quality, rising expenses associated with water supply, and the growing digitalization facilitated by advanced data analysis programs.
Based on application, the water and wastewater treatment market is segmented into municipal applications and industrial applications. The industrial applications segment is expected to register a higher CAGR during the forecast period. The growth of this segment is attributed to increasing industrialization and urbanization, declining freshwater resources, increasing energy demand across the globe, stringent governmental regulations on treating industrial wastewater, and a rising focus on water quality and public health.
Based on geography, the water and wastewater treatment market is segmented into North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. Asia-Pacific is projected to record the highest CAGR during the forecast period. The market growth in Asia-Pacific is driven by the growing need for the advanced treatment of residential water, advances in membrane technology, increased environmental deterioration, declining availability of clean water, increasing public-sector investment in water infrastructure, and growing research & development expenditures.
The key players operating in the water and wastewater treatment market SUEZ S.A. (France), Veolia Environnement (France), Xylem Inc. (U.S.), DuPont de Nemours, Inc. (U.S.), 3M Company (U.S.), Pentair plc (U.K.), Kingspan Group plc (U.K.), Dow Inc. (U.S.), BASF SE (Germany), Kurita Water Industries, Ltd. (Japan), BioMicrobics, Inc (U.S.), Calgon Carbon Corporation (U.S.), Trojan Technologies (Canada), Kemira Oyj (Finland), Thermax Limited (India), Wog Technologies (Singapore), WSP Global Inc. (Canada), SWA Water Australia (Australia), Burns & McDonnell (U.S.), Adroit Associates Private Limited (India), Sauber Environmental Solutions Pvt. Ltd. (India), SPEC INDIA (India), Ecolab, Inc. (U.S.), GFL Environmental Inc. (Canada), and Clean TeQ Water Limited (Australia).
Water And Wastewater Treatment Market Assessment -by Type
Water And Wastewater Treatment Market Assessment-by Offering
Water And Wastewater Treatment Market Assessment -by Application
Water And Wastewater Treatment Market Assessment -by Geography
(Note: SWOT analysis of the top 5 companies will be provided.)