The global Water and Wastewater Treatment Market will be worth USD 472.53 Billion by 2027, according to a current analysis by Emergen Research. The growth of this market can be attributed to the lack of freshwater resources in different parts of the world. The growing global population is suffering from the scarcity of water, especially the people from Africa and the Middle East, which has increased the adoption of the water and wastewater treatment facilities in the region. The rapid urbanization, infrastructural and technological developments of the existing sewage treatment facilities have augmented the demand for water and wastewater treatment facilities over the forecast period. Increasing demand for affordable fresh packaged drinking water and water purifiers is most likely to propel the demand for water treatment facilities.
There has been numerous research and development activities are underway to enhance Water and Wastewater Treatment products and new innovative technologies. The report deals with numerous research objectives, investments plans, business strategies, import-export scenario, and supply-demand scenario. To help in strategic planning, key stakeholders can use the tables and figures from this report to gather statistics. It provides insights into key production, revenue and consumption trends for players in order to increase sales and growth within the global Water and Wastewater Treatment Market.
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Water and Wastewater Treatment Market Report 2022 is one of a series of new reports from The Emergen Research Company that provides plant factory industry overview, Water and Wastewater Treatment market analysis and forecasts market size and growth for the global plant factory market, Water and Wastewater Treatment market segments and geographies, Water and Wastewater Treatment market players, Water and Wastewater Treatment market leading competitor revenues, profiles and market shares. The plant factory market research report identifies top countries and segments for opportunities and strategies based on market trends and key competitors’ approaches.
Water and Wastewater Treatment Market: Analysis by focusing on Competitive landscape and Key Developments
Acciona, Veolia, Ecolab Inc., SUEZ S.A., Kurita Water Industries, Xylem Inc., DuPont, Orenco systems, Hydro International, and Aquatech International LLC, among others.
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The research then uncovers market opportunities that are simple and gives the business valuable information that will help it thrive in the global Water and Wastewater Treatment market. The report contains detailed information on the factors that will increase the market’s growth over the next few years, from 2022-2030. The report discusses market segmentation, key players and types of applications, as well as rapid growth in key markets.
key findings from the report suggest
- In June 2020, Siemens collaborated with Acciona in order to create a Digital Twin to improve water treatment plants. The new technology achieved through this collaboration is used to analyze, optimize, and improve productivity, reducing operating times, and finding faults early.
- The municipal segment held the largest market share of 57.4% in 2019 as the water, and wastewater treatment facilities are extensively used by the municipal corporations. The scarcity of freshwater in the developing economies has resulted in the increasing usage of water treatment facilities by municipal corporations.
- The chemical segment is forecasted to grow with the fastest CAGR of 7.6% over the forecast period. Chemicals such as coagulants & flocculants are widely used by the municipal corporation to remove the suspended solid particles from the wastewater.
- The Asia Pacific region is expected to be the fastest-growing region over the forecast period. Rapid urbanizations and industrializations and increasing investments by public and private organizations for technological advancement of water treatment facilities are expected to drive this segment’s growth.
The report further divides the Water and Wastewater Treatment market into key segments such as types, applications, end-user industries, technologies, and key regions of the market. The report also sheds light on the segment and region exhibiting promising growth in the Water and Wastewater Treatment market.
Emergen Research has segmented the global Water and Wastewater Treatment Market on the basis of Product & Service, Application, and region:
Product & Service Outlook (Revenue, USD Billion; 2017-2027)
- Equipment (Filtration, Disinfection, Biological, Demineralization, Sludge Treatment)
- Chemicals (Coagulants & Flocculants, Biocide & Disinfectant, Anti-foaming Agents, Scale & Corrosion Inhibitors, pH & Adjuster & Softener)
- Service
Application Outlook (Revenue, USD Billion; 2017-2027)
- Industrial
- Municipal
The study segments the Water and Wastewater Treatment 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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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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