Global Wastewater Treatment Market to Grow at a CAGR of 6.30% During 2024-2032, Driven by the Stringent Environmental Regulations

The  wastewater treatment industry has been expanding considerably for the last few years, owing to the rising population and urbanisation, increasing prevalence of waterborne diseases, and rapid industrialisation. Additionally, wastewater treatment has proven to be beneficial for businesses as it helps minimise expenses by enabling water reuse in industrial applications. In addition, major countries across the globe have enforced strict norms against the pollution of water bodies as a result of discharge of wastewater from industries. The growing emphasis of governments in promoting water recycling to enable the use of wastewater for various processes is also expected to add to the market growth. Moreover, the growing research and development activities like the adoption of novel treatment techniques by the market players are expected to drive the growth of the market. Furthermore, the increased awareness regarding environmental deterioration, growing demand for advanced residential water treatment, and rising focus on water quality and public health are also expected to contribute to the growth of the market in the forecast period.

The growing adoption of technologically advanced water treatment solutions is anticipated to support the market growth in the forecast years. For instance, in January 2017, GE’s Water & Process Technologies announced that the company is set to supply its advanced wastewater treatment equipment to upgrade the Luo Fang Wastewater Treatment Plant in Shenzhen City, Guang Dong province, which is part of one of China’s largest membrane bioreactor plants. Meanwhile, according to the 2020 sustainability report published by Xylem (NYSE: XYL), a leading global water technology vendor, the company has helped its customers reuse more than 1 trillion gallons of water. The company’s technology also helped in preventing 369 billion gallons of waste or polluted water from potentially flooding communities and entering local waterbodies. Such developments are expected to support the market growth in the forecast years.

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Market Analysis by Process, Type, Application, and Region:

• The market, on the basis of process, can be divided into primary treatment, secondary treatment, and tertiary treatment.

• Based on type, the industry can be segmented into membrane separation, biological, disinfection, and sludge treatment, among others.

• Based on application, the industry can be divided into municipal, industrial, and agricultural.

• The regional markets for wastewater treatment include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

Key Findings of the Report:

• The global market for wastewater treatment is being driven by the rising global population and rapid urbanisation.

• The market is receiving a further impetus with the increasing prevalence of waterborne diseases.

• The imposition of stringent government regulations on promoting water recycling is expected to further propel the market growth.

• The growing focus on water quality and public health has significantly contributed to the market expansion.

Key Offerings of the Report:

• The EMR report gives an overview of the global market for wastewater treatment for the periods (2018-2023) and (2024-2032).

• The report also offers the historical (2018-2023) and forecast (2024-2032) markets for the processes, types, applications, and regions of wastewater treatment.

• The report analyses the market dynamics, covering the key demand and price indicators in the market, along with an assessment of the SWOT and Porter’s Five Forces models.

The major players in the global wastewater treatment market are Veolia Water Solutions & Technologies, SUEZ SA, Xylem Group, Salher, S.L., and Naldeo Group, among others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.

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