PUBLISHER: The Business Research Company | PRODUCT CODE: 1596069
PUBLISHER: The Business Research Company | PRODUCT CODE: 1596069
Decentralized water treatment refers to systems and processes used to treat water at or near the point of consumption or discharge, without relying on large, centralized water treatment plants. It is increasingly utilized to address water scarcity, meet environmental regulations and provide clean water in areas where centralized systems are unavailable or impractical.
The decentralized water treatment market consists of sales, by entities (organizations, sole traders and partnerships), of decentralized water treatment systems and solutions that are designed to treat, reuse, or dispose of wastewater in proximity to its generation point. These systems are particularly beneficial for small communities, rural areas and locations with low population density where centralized sewage systems may not be feasible.
The global decentralized water treatment market was valued at $8,348.41 million in 2018 which grew till 2023 at a compound annual growth rate (CAGR) of more than 13.0%
Increased Demand For Filtered Water
Increased demand for filtered water propelled the growth of the decentralized water treatment market in the historic period. Increased demand for filtered water underscored the need for localized, flexible solutions, particularly in underserved areas. Decentralized systems, scalable and adaptable, addressed water quality and infrastructure issues more effectively than centralized plants. Rising awareness of pollution and limitations of traditional methods further drove adoption, leading to innovative, cost-effective solutions that met regulatory standards and improved water purity. This growth in demand significantly expanded the decentralized water treatment market. For example, in August 2022, according to a survey of 2,246 US adults conducted by Aquasana, a US-based water filtration systems and accessories manufacturing company, 77% of Americans filtered their drinking water at home in 2022, reflecting a steady increase from 73% in 2020 and 74% in 2021. Additionally, in April 2022, Puronics Water Systems manufactured a water softener treatment system. In the first year of the pandemic, the whole-house filtration market experienced approximately 6% growth, primarily driven by heightened consumer concern over the safety and quality of municipal water supplies. Therefore, increased demand for filtered water supported the growth of the decentralized water treatment market.
Expansion Of Compact Wastewater Treatment Solutions To Meet Growing Decentralized Water Management Demand
Major companies are expanding compact wastewater treatment solutions to meet the increasing demand for decentralized water management. These modular, scalable systems efficiently treat wastewater in areas lacking centralized infrastructure. By offering easy deployment, they address the needs of industries, rural areas and urban developments, providing sustainable and cost-effective alternatives. This approach reduces environmental impact and optimizes water resource management without relying on large-scale facilities. For instance, in August 2024, Water On Demand (WODI), a US-based water fintech and water treatment service company, through its Modular Water Systems division, announced the launch of its EveraTREAT MINI product line, tailored for small wastewater treatment systems. This milestone reflects the division's progress in scaling manufacturing to meet rising demand for decentralized wastewater treatment solutions. The EveraTREAT MINI line addresses the need for compact, efficient systems that provide localized wastewater treatment, supporting the growing trend toward decentralized water management and offering a practical solution for smaller-scale applications.
The global decentralized water treatment market is fairly fragmented, with a large number of small players in the market. The top ten competitors in the market made up to 19.32% of the total market in 2023.
Decentralized Water Treatment Global Market Report 2024 from The Business Research Company provides the strategists; marketers and senior management with the critical information they need to assess the global decentralized water treatment market as it emerges from the COVID-19 shut down.
Where is the largest and fastest-growing market for decentralized water treatment? How does the market relate to the overall economy; demography and other similar markets? What forces will shape the market going forward? The decentralized water 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 history and forecasts market growth by geography. It places the market within the context of the wider decentralized water treatment market; and compares it with other markets.