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Water and Wastewater Treatment Market by Type (Wastewater Treatment, Water Treatment), Offering (Treatment Technology, Treatment Chemicals), Application (Municipal, Industrial), and Geography - Global Forecast to 2033<br>
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o Water and Wastewater Treatment Market Size & Forecast
Global XXX Market – 2024 - 2033 Meticulous Research®—a leading global market research company, published a research report titled, Water and Wastewater Treatment Market by Type (Wastewater Treatment, Water Treatment), Offering (Treatment Technology, Treatment Chemicals), Application (Municipal, Industrial), and Geograph. The Water and Wastewater Treatment Market is poised for significant growth, projected to reach $1,024.8 billion by 2033, with a CAGR of 5.9% from 2024 to 2033. This growth is driven by factors such as rapid population growth, urbanization, stringent water treatment regulations, the lack of freshwater resources, and the increasing prevalence of waterborne diseases. Additionally, the rising demand for energy-efficient and advanced water treatment technologies is expected to offer substantial growth opportunities for market players. Water and Wastewater Treatment Market Growth Drivers Rapid Population Growth, Urbanization, and Stringent Water Treatment Regulations The global demand for water supply and sanitation services is escalating due to rapid population growth and urbanization. According to the World Health Organization, in 2022, 57% of the global population (4.6 billion people) used safely managed sanitation services, while 33% (2.7 billion people) used private sanitation facilities connected to sewers with treated wastewater. This extensive use of water supply and sanitation services is propelling the adoption of water and wastewater treatment technologies worldwide. • The growing population has also led to increased industrial production, heavily reliant on water for processing, cooling, and waste disposal. As industrialization rises, industries are facing water shortages, prompting a shift towards reducing water consumption and reclaiming and reusing wastewater. This planned use of treated wastewater enhances resource efficiency and benefits the environment, fostering sustainable industrial development. Consequently, industrialization, population growth, and urbanization are driving the adoption of water and wastewater treatment solutions, bolstering market growth. • Lack of Freshwater Resources Demographic changes, economic development, urbanization, and pollution are straining the world’s water resources. According to the World Health Organization (WHO), as of March 2023, approximately 2 billion people lacked access to safe drinking water, with 771 million lacking access to even basic drinking water. The demand for water is projected to exceed the available supply by 40% within the next 20 years, primarily due to poor sanitation and water management. • Page 1 of 4 © Meticulous Research| sales@meticulousresearch.com
Global XXX Market – 2024 - 2033 Industries are increasingly investing in water and wastewater treatment solutions to combat water shortages. For instance, in September 2022, LANXESS AG (Germany) commissioned a new wastewater treatment plant at its Belgium site with an investment of around USD 13.0 million (EUR 12 million). The plant has a treatment capacity of around 260,000 liters of wastewater per hour. • The rising water pollution has further diminished the availability of freshwater necessary for industrial applications, such as processing, washing, diluting, and cooling. This rapid depletion of freshwater resources, coupled with industrialization and pollution, has led to a water crisis in many parts of the world, particularly in underdeveloped and developing countries. This crisis is boosting the demand for water and wastewater treatment solutions, driving market growth. • Water and Wastewater Treatment Market Opportunity Rising Demand for Energy-efficient and Advanced Water Treatment Technologies Water and energy are essential for socioeconomic growth and must be supplied and used sustainably. Water treatment processes, including filtration, sedimentation, and disinfection, require significant energy. Wastewater treatment plants, crucial for providing clean water, are known for their high energy consumption. According to the US Environmental Protection Agency (EPA), wastewater treatment plants are the third-largest energy consumers in municipalities, accounting for up to 35% of a city's total energy consumption. Therefore, enhancing energy efficiency in these facilities is critical to reducing operating costs and minimizing environmental impact. • Optimizing pump systems with SCADA systems or pump optimization software, and supplying energy-efficient ballasts for plant fluorescent fixtures and ultraviolet disinfection systems can significantly reduce energy consumption. The growing need for advanced and energy-efficient water treatment technologies is expected to encourage market players to develop innovative offerings, increasing their market shares. • Water and Wastewater Treatment Market Analysis: Key Findings By Type: Wastewater Treatment Segment Dominates Based on type, the water and wastewater treatment market is segmented into wastewater treatment and water treatment. In 2024, the wastewater treatment segment is expected to account for a larger share of 63.0% of the market. This dominance is attributed to the rising Page 2 of 4 © Meticulous Research| sales@meticulousresearch.com
Global XXX Market – 2024 - 2033 focus on water quality and public health, the prevalence of water-borne diseases, stringent governmental regulations, and the expansion of industrialization and urbanization. This segment is also expected to register the highest CAGR during the forecast period. By Offering: Operation & Maintenance Services Lead The market is segmented by offering into treatment technologies, treatment chemicals, process control and automation, design, engineering, and construction services, and operation and maintenance services. In 2024, the operation & maintenance services segment is expected to hold the largest share of 39.5%. This is due to the need to ensure the production of the desired quality and quantity of treated water, the increasing complexities of treatment facilities, and the adoption of innovative solutions and stringent regulatory standards. The process control & automation segment is projected to register the highest CAGR, driven by concerns over water scarcity, declining water quality, rising water supply expenses, and the growing digitalization facilitated by advanced data analysis programs. By Application: Municipal Applications Take the Lead Based on application, the market is segmented into municipal and industrial applications. In 2024, the municipal applications segment is expected to account for 69.0% of the market. This dominance is due to the increasing challenge of providing safe drinking water to communities, the rising global population, advancements in treatment processes enabling wastewater recycling for reuse, and the adoption of advanced technologies for wastewater treatment and drinking-water production. The industrial applications segment is expected to register a higher CAGR during the forecast period, driven by increasing industrialization and urbanization, declining freshwater resources, rising energy demand, stringent wastewater regulations, and a focus on water quality and public health. Download Sample Report Here @ https://www.meticulousresearch.com/download- sample-report/cp_id=5026 Geographical Analysis Asia-Pacific Dominates In 2024, Asia-Pacific is expected to account for the largest share of 42.6% of the water and wastewater treatment market. The market growth in Asia-Pacific is driven by the need for advanced residential water treatment, advances in membrane technology, increased environmental deterioration, declining clean water availability, increased public-sector investment in water infrastructure, and growing research & development expenditures. Moreover, this region is also projected to record the highest CAGR during the forecast period. Key Players Page 3 of 4 © Meticulous Research| sales@meticulousresearch.com
Global XXX Market – 2024 - 2033 The key players operating in the water and wastewater treatment market SUEZ S.A. (France), Veolia Environnement (France), Xylem Inc. (U.S.), DuPont de Nemours, Inc. (U.S.), 3M Company (U.S.), Pentair plc (U.K.), Kingspan Group plc (U.K.), Dow Inc. (U.S.), BASF SE (Germany), Kurita Water Industries, Ltd. (Japan), BioMicrobics, Inc (U.S.), Calgon Carbon Corporation (U.S.), Trojan Technologies (Canada), Kemira Oyj (Finland), Thermax Limited (India), Wog Technologies (Singapore), WSP Global Inc. (Canada), SWA Water Australia (Australia), Burns & McDonnell (U.S.), Adroit Associates Private Limited (India), Sauber Environmental Solutions Pvt. Ltd. (India), SPEC INDIA (India), Ecolab, Inc. (U.S.), GFL Environmental Inc. (Canada), and Clean TeQ Water Limited (Australia). Key Questions Answered in the Report: •Which are the high-growth market segments in terms of type, offering, application, and geography? •What is the historical market size for the water and wastewater treatment market? •What are the market forecasts and estimates for 2024–2033? •What are the major drivers, restraints, opportunities, challenges, and trends in the water and wastewater treatment market? •Who are the major players in the water and wastewater treatment market, and what are their market shares? •What is the competitive landscape like? •What are the recent developments in the water and wastewater treatment market? •What are the different strategies adopted by major market players? •What are the trends and high-growth countries? •Who are the local emerging players in the water and wastewater treatment market, and how do they compete with other players? Contact Meticulous Email- sales@meticulousresearch.com Contact Connect with us on LinkedIn- https://www.linkedin.com/company/meticulous-research Us: Research® Sales- +1-646-781-8004 Page 4 of 4 © Meticulous Research| sales@meticulousresearch.com