According to a recent estimate by Emergen Research, the worldwide wastewater treatment services market would reach a value of USD 78.13 billion by 2027. The requirement to get rid of dangerous organisms and disease-causing bacteria from wastewater is what’s causing the industry to expand. In order to efficiently treat wastewater, major market participants are providing innovative wastewater treatment services. Smarter aeration, more sophisticated filtration, and chemical-free disinfection are among the features of advanced wastewater treatment services that are anticipated to boost the market throughout the forecast period.
Commercial and municipal organisations are using zero-liquid discharge more frequently, which raises the demand for wastewater treatment services. For industrial and municipal organisations, zero-liquid discharge treatment minimises the amount of wastewater that needs to be treated. Additionally, the wastewater is processed in a financially viable manner to provide a clear stream that may be put to other uses.
In-depth interviews were conducted with Chief Executive Officers (CEOs), marketing directors, other innovation and technology directors, and executives from various key organizations operating in the high acuity information solutions market. Also, to arrive at an accurate and unbiased market forecast, data collected from secondary research sources have been analyzed and validated through primaries.
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Market Driver: Increasing environmental regulations
Nations have put rigorous regulations in place to prevent the illegal dumping of wastewater and the pollution of naturally existing water bodies. Special laws have been put in place to safeguard nations like China, which were adversely affected by air pollution, from the negative effects of wastewater outflow. The fact that wastewater treatment is carefully regulated is further demonstrated by the fact that industrialised countries like the US have strong legislation for drinking water, drinkable water, and wastewater. With such strictness being upheld on a worldwide scale, it is obvious that the nations have established stringent rules to stop global warming and safeguard biodiversity. As a result, improper wastewater effluent discharge is dealt with with the utmost strictness, which might make enterprises noncompliant.
Key Wastewater Treatment Services Market participants include Xylem Inc., Ecolab, Veolia, SUEZ, Pentair, Thermax, Buckman Laboratories International, Inc., Evoqua Water Technologies LLC, Kurita Water Industries, and Golder Associates
Key inclusions of the Wastewater Treatment Services Market report:
COVID-19 effects on growth figures.
Statistical analysis pertaining to market size, sales volume, and overall industry revenue.
Organized mentions of major market trends.
Growth opportunities.
Figures showcasing market growth rate.
Advantages and disadvantages of direct and indirect sales channels.
Insights regarding traders, distributors, and dealers present in the industry.
Some Key Findings from the Report:
In September 2020, Evoqua Water Technologies LLC, a pioneer in the management of critical water treatment solutions, declared to have purchased Aquapure Technologies, a water supply & equipment firm located in Ohio, the U.S. This deal is intended to improve the service capability of Evoqua Water Technologies LLC in Ohio as well as the outlying areas.
The municipal segment held the largest market share of 57.3% in 2019. Advanced wastewater treatment services offered by major market players, such as chemical-free disinfection and advanced filtration, are increasingly being adopted by municipal corporations.
The operation & process control segment is anticipated to expand at the most rapid CAGR of 7.0% during the forecast period. Rising requirement of the industrial sector and municipal corporations to remove suspended solids before the effluent is discharged back to the environment in an economically feasible manner has driven the demand for facility operations, parameters monitoring, and routine maintenance.
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Emergen Research has segmented the global wastewater treatment services market in terms of end-use, service type, and region:
End-use Outlook (Revenue, USD Billion; 2017–2027)
Industrial
Municipal
Service Type Outlook (Revenue, USD Billion; 2017–2027)
Building & Installation Service
Maintenance & Repair
Design & Engineering Consulting
Operation & Process Control
Others
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Geographically, this report studies the key regions, focuses on product sales, value, market share and growth opportunity in these regions, covering:
United States
Europe
China
Japan
Southeast Asia
India
We can also provide the customized separate regional or country-level reports, for the following regions:
North America, United States, Canada, Mexico, Asia-Pacific, China, India, Japan, South Korea, Australia, Indonesia, Singapore, Rest of Asia-Pacific, Europe, Germany, France, UK, Italy, Spain, Russia, Rest of Europe, Central & South America, Brazil, Argentina, Rest of South America, Middle East & Africa, Saudi Arabia, Turkey, Rest of Middle East & Africa
Some of the key questions answered in this report:
What is the size of the overall Wastewater Treatment Services Market and its segments?
What are the key segments and sub-segments in the market?
What are the key drivers, restraints, opportunities and challenges of the Wastewater Treatment Services Market and how they are expected to impact the market?
What are the attractive investment opportunities within the Wastewater Treatment Services Market ?
What is the Wastewater Treatment Services Market size at the regional and country-level?
Who are the key market players and their key competitors?
What are the strategies for growth adopted by the key players in Wastewater Treatment Services Market ?
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