One of the most frequent strategies for controlling water pollution is wastewater treatment. The majority of wastewater produced by the manufacturing and chemical industries is processed at wastewater treatment plants. In the wastewater treatment market, physical, chemical, and biological methods are used. These therapies’ processes are also classified as preliminary, primary, secondary, and tertiary. Solid particles such as rags and suspended solids are allowed to settle and be removed from wastewater during the preliminary and primary stages. Secondary processes eliminate around 85% of the organic materials. The last filtration of the treated effluent is referred to as the tertiary process.
Wastewater Treatment Market Scope and Research Methodology:
The objective of the report is to analyses and forecast the Wastewater Treatment market size. The market report includes strategic profiling of significant market participants in order to accurately depict the competitive environment for the global Wastewater Treatment market. it includes a detailed analysis of new product launches, acquisitions, mergers, and joint ventures, brands and key players in the Wastewater Treatment industry. The report provides information on industry trends and developments, market dynamics and their potential, which helps experts to stay up to date on the most recent trends and sector performance, predicting growth and decline in Wastewater Treatment market share during the forecast period. To know the Wastewater Treatment industry in detail, primary and secondary research methods were used and for accurate finding various methodologies such as the PESTLE, PORTER, and SWOT analysis were used. SWOT analysis was employed to provide strengths, weaknesses, opportunities and challenges for Wastewater Treatment key players in the industry. PORTER and PESTLE analysis helps to understand the microeconomic and macroeconomic factors affecting the Wastewater Treatment industry.
Wastewater Treatment Market Report Overview:
The report thoroughly covers analysis of insights in view of the Wastewater Treatment Market along with its ever-changing patterns, industry environment, and all dominant aspects of the market. A detailed analysis of key players is also provided in the Wastewater Treatment market report.
Wastewater Treatment Market size was valued at US$ 50.20 Billion in 2020 and Wastewater Treatment is expected to grow at 6.2% through 2021 to 2027, reaching nearly US$ 76.48 Billion.
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Wastewater Treatment Market Segmentation:
The Wastewater treatment market is divided into two types: municipal and industrial. In terms of revenue, the Municipal segment dominated, accounting for 67.3% of the total wastewater treatment market. The market for industrial wastewater applications is expected to develop significantly in terms of value by 2027. From 2020 to 2027, the municipal segment is predicted to increase at a compound annual growth rate (CAGR) of 7.7%.
Due to rigorous restrictions for drinking water and wastewater treatment in developing nations, the Filtration segment is rising at a CAGR of 5.9% between 2020 and 2027. The membrane separation method is extremely simple, simple to run and manage, simple to maintain, and has a high separation efficiency. Membrane separation procedures include microfiltration, reverse osmosis, ultrafiltration, and nanofiltration. The usage of economically viable and environmentally favourable treatment technologies is driving the rise of membrane separation equipment. Due to its cost-effectiveness, reverse osmosis accounted for the greatest wastewater treatment market share among these technologies.
During the projection period, the aerator segment is expected to grow at a CAGR of 3.94%. The aerator section is a critical component of most biological water treatment systems because it provides air into the wastewater, allowing aerobic biodegradation of pollutant components.
According to End-User Industries, The wastewater treatment market is divided into the following segments: chemical, pharmaceutical, oil and gas, pulp and paper, food and beverage, and healthcare. During the forecast period, the oil and gas segment is expected to develop at an 8.6% CAGR. The oil and gas business generates large amounts of wastewater, which contributes to increased water contamination. To combat water contamination, the government has enacted stringent rules. Wastewater treatment is predicted to become more important as the demand for clean water for discharge rises.
During the same projected period, the Pharmaceutical segment is expected to increase at a CAGR of 7.2%. Water consumption is significant in the pharmaceutical industry, and wastewater generated in the industry frequently contains high amounts of pollutants. As a result, they are concentrating on implementing the most recent wastewater treatment technologies.
Approximately 85% of the water used in the pulp and paper industry is used as process water, resulting in a considerable amount of effluent. As a result, improved Effluent treatment technologies must be implemented. This factor is predicted to drive segment growth at a CAGR of 6.8% during the forecast period (2021-2027).
Wastewater Treatment Market Key Players:
Thermax (India)
VA Techwabag (India)
Suez Environnement S.A. (France)
Ecolab (IndiaU.Snc. (U.S.),
DuPont de Nemours, Inc. (U.S.)
Evoqua Water Technologies Corporation (U.S.)
3M Company, Inc. (U.S.)
Pentair plc (U.K.)
United Utilities Group P.L.C. (U.K.)
Kingspan Water & Energy (U.K.)
The Dow Chemical Company (U.S.)
Kemira Oyj (Finland)
Calgon Carbon Corporation (U.S.)
Kurita Water Industries Ltd. (Japan)
Bio-Microbics, Inc. (U.S.)
Trojan Technologies Inc. (Canada)
Aquatech International Corporation (U.S.)
Orenco Systems, Inc. (U.S.),
Scinor Water America, L.L.C. (U.S.),
Elgressy Engineering Services Ltd. (Israel)
Outotec Oyj (Finland)
BASF SE (Germany)
Blue Eden CleanTech Solutions Inc. (Canada)
Wastewater Treatment Market Regional Analysis:
The report is segmented into several key countries, with market size, growth rate, import and export of Wastewater Treatment market in these countries, which covering North America, U.S., Canada, Mexico, Europe, UK, Germany, France, Spain, Italy, Rest of Europe, Asia Pacific, China, India, Japan, Australia, South Korea, ASEAN Countries, Rest of APAC, South America, Brazil, and Middle East and Africa.
Key Questions answered in the Wastewater Treatment Market Report are:
- Which segment grabbed the largest share in the Wastewater Treatment market?
- Which segment is expected to grow at a high rate during the forecast period?
- How is the competitive scenario of the Wastewater Treatment market?
- Which are the key factors driving the Wastewater Treatment market growth?
- Which region holds the maximum share in the Wastewater Treatment market?
- What will be the CAGR of the Wastewater Treatment market during the forecast period?
- Which are the prominent players in the Wastewater Treatment market?
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