The global industrial wastewater treatment market has a significant market in North America, primarily due to a greater awareness regarding industrial wastewater treatment and technological advancements in the region. The strict regulations pertaining to water purification in the United States and Canada, like the Clean Water Act and the Ontario Water Resources Act, have been driving the growth of the industrial wastewater treatment market in North America. In the coming years, the Asia Pacific is expected to grow at the highest rate. This is due to the predicted rise in electricity generation, mining, enhancing living norms, and rapid industrialisation in the region, along with the development of new technologies.
Water and wastewater treatment technologies find their applications in preliminary treatment, primary, secondary and tertiary treatment, biological nutrient removal (BNR), resource recovery, and energy generation. North America and Europe are the leading regional markets for the overall water and wastewater treatment industry as they are adopting the latest technologies in wastewater treatment at a faster rate than in other regions. On the other hand, in the Middle Eastern countries, the majority of drinking water used is generated from the desalination process. This is expected to boost the demand for municipal water and wastewater treatment technologies. Thus, due to the introduction of wastewater treatment technologies and the dwindling water resources in the region, the Middle East and Africa is expected to be a significant emerging region for the industrial wastewater treatment market in the coming years.
Ecolab Inc. (NYSE: ECL) and Suez are some of the major players in this market. The major players in the industry are focussing on introducing sustainability measures that ensures the best use of the depleting water resources across the globe through their water and wastewater treatment technologies. On January 6, 2021, Suez announced the renewal of its contract with West Basin Municipal Water District to operate the wastewater recycling facility in Southern California, which is expected to one of the largest wastewater recycling plants in the United States. The plant will aid West Basin’s municipal, commercial and industrial customers meet their daily water demands in one of the most-drought prone regions of the United States.
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The major players in the global industrial wastewater market are Solenis , Suez, EcoLab, Kemira OYJ, SNF Floerger, Feralco Group, and Ixom, 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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