The global industrial wastewater treatment service market size is expected to reach USD 31.70 Billion in 2028 and register a steady CAGR over the forecast period, according to latest analysis by Emergen Research. Steady market revenue growth can be attributed to rising need to meet government wastewater quality requirements. Industries are increasingly adopting industrial wastewater treatment services to meet stringent pretreatment or direct discharge treatment norms and prerequisites, which is expected to drive growth of this market across developed and developing countries. Rising need to convert wastewater into green energy is a key contributing factor to rising utilization of industrial wastewater treatment services. Biogas can be generated from wastewater with the help of anaerobic digestion, which results in production of cost-effective, money-saving renewable energy. The presence of suspended solids, fats-oils-grease, bacteria, selenium, heavy metals, and other regulated chemicals and substances is driving need for industrial wastewater treatment services to minimize their harmful effects on the environment and public health.
Industries are increasingly employing zero liquid discharge systems to purify and recycle virtually all types of wastewater produced. Leading manufacturers in many water-stressed regions in India are working to establish ‘zero liquid discharge’ facilities in order to minimize their water requirements by reusing and recycling maximum of total water used. Moreover, rising need to improve water recycling, eliminate contaminated wastewater discharge, and save valuable resources is expected to drive usage of zero liquid discharge wastewater treatment solutions.
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Based on the competitive landscape, the market report analyses the key companies operating in the industry:
Veolia, SUEZ, Xylem Inc., Ecolab, Thermax Group, Pentair, Evoqua Water Technologies, WOG Technologies, Golder Associates, and SWA Water Australia.
The report offers precise information about pricing, capacity, value, gross revenue, and profit of the market. The primary aim of the report is to offer in depth details about market size, revenue growth and overall market dynamics to readers, stakeholders, companies to strengthen their share in the global Industrial Wastewater Treatment Service market. It also provides in depth information about key factors, restraints, limitations, challenges along with various market segmentations such as product type, application and regional bifurcation.
Further key findings from the report suggest
- In February 2020, Biochemica Water Ltd., which is a water and wastewater treatment specialist, was acquired by water technology expert Veolia Water Technologies UK. The acquisition would support Veolia in becoming one of the leading end-to-end suppliers to municipal and industrial sectors in the UK.
- Filtration segment accounted for largest revenue share in 2020. Industries are increasingly adopting wastewater filtration as it removes all leftover trace amounts of suspended solids from wastewater and allows for proper disposal of contaminants.
- Operation & process control segment revenue is expected to expand at a rapid CAGR during the forecast period. Rapid industrial development in developing countries is driving increasing deployment of operation & process control services in various industries for wastewater treatment.
- Power generation segment accounted for a significantly high revenue share in the industrial wastewater treatment service market in 2020. Rising need to achieve waste minimization goals for water reuse, flue gas desulfurization, or for specific contaminant removal such as for heavy metals is expected to increase utilization of wastewater treatment services.
- Asia Pacific accounted for largest revenue share contribution to the global industrial wastewater treatment service market in 2020. Increasing volumes of contaminants released from industries, increasing industrial activities, and rapidly reducing fresh water sources are factors driving demand for industrial wastewater treatment services in countries in the region.
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Emergen Research has segmented the global industrial wastewater treatment service market on the basis of treatment method, service type, end-use, and region:
Treatment Method Outlook (Revenue, USD Billion; 2018–2028)
- Filtration
- Disinfection
- Desalination
- Testing
Service Type Outlook (Revenue, USD Billion; 2018–2028)
- Operation & Process Control
- Design & Engineering Consulting
- Building & Installation
- Maintenance & Repair
- Others
End-use Outlook (Revenue, USD Billion; 2018–2028)
- Chemical & Pharmaceutical
- Power Generation
- Metals & Mining
- Pulp & Paper
- Oil & Gas
- Others
The study segments the Industrial Wastewater Treatment Service industry in light of major classification such as product type, potential markets, application, and end-user. This industry assessment for the forecast period, 2021 – 2028 incorporates projections pertaining to the investment feasibility, gross margin, profits, consumption volume, production capability and major market vendors. Likewise, statistics associated with the competitive landscape, shifting consumer behaviour and spending power is showcased and well-explained with the help of treasured resources such as charts, graphs and graphic images, which can be easily incorporated in the business or corporate presentations.
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Market Dynamics:
The report offers insightful information about the market dynamics of the Industrial Wastewater Treatment Service market. It offers SWOT analysis, PESTEL analysis, and Porter’s Five Forces analysis to present a better understanding of the Industrial Wastewater Treatment Service market, competitive landscape, factors affecting it, and to predict the growth of the industry. It also offers the impact of various market factors along with the effects of the regulatory framework on the growth of the Industrial Wastewater Treatment Service market.
Key point summary of the report:
- The report offers a comprehensive overview of the market size, share, and growth rate in the forecast duration.
- It provides details about current scenario, historical data, giving an accurate market forecast for the coming years.
- The study categorizes the market on the basis of product types, applications, end users, market value and volume, business verticals, and 5 major regions.
- It also offers regional market analysis and forecast for prominent geographies in the sector viz., North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.
- Industry supply chain, sourcing strategy, upstream feedstock, and downstream demand analysis has also been undertaken in the research report.
- The study offers a comprehensive understanding of the demand and supply dynamics, including production and consumption rates, and mapping of the overall market.
- The report employs different analytical tools including, SWOT analysis, Porter’s five forces analysis, and pricing analysis, to give precise market information.
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