PUBLISHER: The Business Research Company | PRODUCT CODE: 1392417
PUBLISHER: The Business Research Company | PRODUCT CODE: 1392417
“Agricultural Wastewater Treatment Global Market Report 2024 ” from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on agricultural wastewater treatment market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for agricultural wastewater treatment? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? “The agricultural wastewater treatment market global report ” from The Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
The impact of higher inflation in many countries and the resulting spike in interest rates.
The continued but declining impact of COVID-19 on supply chains and consumption patterns.
Agricultural wastewater treatment is a farm management procedure designed to mitigate pollution stemming from animal operations and surface runoff tainted by pesticides, animal slurry, crop residues, irrigation water, or fertilizers. This treatment process plays a pivotal role in controlling land pollution.
The primary technologies employed in agricultural wastewater treatment include physical solutions, chemical solutions, and biological solutions. Physical solutions involve techniques such as flotation, sedimentation, and adsorption for wastewater treatment. The pollutants originate from both point sources and non-point sources. The applications of this treatment extend to farming, soil resources, groundwater resources, dairy operations, and various other sectors.
The agricultural wastewater treatment market research report is one of a series of new reports from The Business Research Company that provides agricultural wastewater treatment market statistics, including agricultural wastewater treatment industry global market size, regional shares, competitors with an agricultural wastewater treatment market share, detailed agricultural wastewater treatment market segments, market trends and opportunities, and any further data you may need to thrive in the agricultural wastewater treatment industry. This agricultural wastewater treatment market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The agricultural wastewater treatment market size has grown strongly in recent years. It will grow from $2. 64 billion in 2023 to $2. 84 billion in 2024 at a compound annual growth rate (CAGR) of 7. 3%. The growth observed in the historical period can be ascribed to several factors, including the increasing intensification and expansion of agriculture, a lack of awareness and regulations concerning agricultural wastewater, heightened usage of fertilizers and pesticides in farming practices, the impact of agricultural runoff on water quality, and growing concerns about environmental pollution and ecosystem degradation.
The agricultural wastewater treatment market size is expected to see strong growth in the next few years. It will grow to $3. 89 billion in 2028 at a compound annual growth rate (CAGR) of 8. 2%. The anticipated growth in the forecast period can be attributed to several factors, including the implementation of stringent environmental regulations, heightened awareness of water scarcity and conservation, increased investment in sustainable agriculture practices, a growing demand for recycled water in agriculture, and an increasing preference for organic food products. Key trends expected in the forecast period involve the adoption of advanced technologies for wastewater treatment, the integration of decentralized wastewater treatment systems, the utilization of innovative biological treatment methods, the application of precision agriculture to optimize water usage, and the development of cost-effective and energy-efficient treatment solutions.
The burgeoning demand for agricultural water is anticipated to be a driving force behind the expansion of the agricultural wastewater treatment market in the foreseeable future. Agricultural water, utilized in producing fresh produce and supporting livestock, holds a pivotal role in sustaining agricultural activities. Treated wastewater serves as a viable resource for farmers, employed directly in irrigation or indirectly by replenishing aquifers, especially crucial during a period when the imperative is to enhance food production for an ever-growing population. For instance, in 2021, as reported by the Institute of Physics (IOP), the global agricultural water requirement stood at 21,615. 32 million cubic meters (MCM), with a projected estimate of 20,970. 03 MCM for the year 2050. Consequently, the escalating demand for agricultural water acts as a catalyst propelling the agricultural wastewater treatment market's growth trajectory.
The upsurge in the demand for plant-based food products is poised to bolster the agricultural wastewater treatment market's expansion. Plant-based food items, predominantly derived from plant-based ingredients excluding animal-derived components, encompass a diverse range including vegetables, fruits, grains, nuts, and seeds. Ensuring environmental sustainability in the production of plant-based foods necessitates effective agricultural wastewater treatment to curtail water pollution and enhance crop cultivation. For instance, in 2022, according to the Plant Based Foods Association (PBFA), there was a notable 6. 6% surge in sales of plant-based foods, up from 5. 9% in 2021, coinciding with a 10% increase in the average retail price. Consequently, the escalating demand for plant-based food products acts as a driving force propelling the agricultural wastewater treatment market.
The prevailing trend in the agricultural wastewater treatment market revolves around technological advancements. Key companies within this sector are fervently introducing technological innovations to maintain their competitive edge. For example, in September 2021, the Arab Contractors Company and Orascom Construction jointly inaugurated the world's largest wastewater treatment plant, integrating ABB's innovative technology encompassing electrification, motion, and process automation domains. This groundbreaking facility employs renewable energy to deliver treated water for both industrial and agricultural purposes, showcasing a noteworthy leap in technological prowess within the agricultural wastewater treatment domain.
Key players in the agricultural wastewater treatment sector are directing their focus towards initiating water treatment projects as a strategic approach to gain a competitive advantage in the market. The implementation of water treatment projects holds paramount importance in ensuring access to clean and safe water, tackling environmental concerns, and enhancing public health standards. For example, in December 2022, Colorado State University (CSU), a US-based public research university, initiated a $1. 9 million project focusing on water treatment and reuse utilizing biochar. This project aims to pioneer innovative and sustainable applications for unconventional water sources, challenging the prevalent reliance on traditional freshwater for agricultural and essential purposes. CSU secured a $1. 9 million grant from the National Alliance for Water Innovation, a consortium of scientists dedicated to developing treatment and reuse technologies for non-conventional water sources, including municipal wastewater, seawater, and agricultural drainage. This grant, funded by the U. S. Department of Energy, underscores the commitment to addressing humanity's dependence on conventional freshwater sources.
In a significant development from January 2022, Veolia, a France-based global company committed to ecological transformation, completed the acquisition of Suez for an undisclosed sum. Veolia's strategic acquisition of Suez aims to position itself as a frontrunner in ecological transformation, equipped with a robust financial foundation. Suez, a French-based company specializing in wastewater treatment solutions, brings valuable expertise and assets to Veolia's portfolio, consolidating its position as a leader in the wastewater treatment domain.
Major companies operating in the in the agricultural wastewater treatment market report are Evoqua Water Technologies LLC, Lindsay Corporation, IDE Technologies Ltd., DuPont de Nemours Inc., Jacobs Engineering Group Inc., BASF SE, Architecture Engineering Consulting Operations and Maintenance, WSP Global Inc., Grundfos Holding A/S, Dover Corporation, Ingersoll Rand Inc., United Utilities Group plc, Nouryon Holding B. V., Organo Corporation, OriginClear Inc., Suez SA, Veolia Environnement S. A., Ecolab Inc., Kemira Oyj, Kurita Water Industries Ltd., Thermax Limited, Dow Inc., LEWA GmbH, ProMinent GmbH, Watson-Marlow Fluid Technology Group, Aquatech International LLC, Fluence Corporation Limited, Pentair plc, Samco Technologies Inc., Dryden Aqua Ltd., DAS Environmental Expert GmbH, Xylem Inc.
Asia-Pacific was the largest region in the agricultural wastewater treatment market in 2023. The regions covered in the agricultural wastewater treatment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
The countries covered in the agricultural wastewater treatment market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Canada, Spain.
The agricultural wastewater treatment market includes revenues earned by entities by providing services such as aerated wastewater treatment systems (AWTS) biological filter systems. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified)).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.