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Wastewater Treatment Market 2022 Share, Size, Growth Insights, Top Countries Data, Key Players, Opportunity and Challenges Forecast till 2030 | Scinor Water America, L.L.C., Elgressy Engineering Services Ltd., Outotec Oyj, BASF SE, Blue Eden CleanTech S
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The global wastewater treatment market is anticipated to record a revenue of US$ 462.49 Bn by the end of the year 2030 at a compound annual growth rate (CAGR) of 7.41% during the forecast period of 2022 to 2030. The market recorded an opportunity of more than US$ 200 Bn during 2022-2030.
According to a 2019 estimate from the International Council of Chemical Associations, the chemicals industry is one of the largest in the world, contributing US$ 5.7 trillion to global GDP and supporting nearly 120 million employments. In order to reduce the negative environmental impact of chemical manufacture, chemical industries are progressively embracing sustainable and eco-friendly procedures. Chemical companies are using an eco-friendly alternative such as using carbon dioxide from the atmosphere to make fuels, industrial products, and other chemicals. Technological advancements and the development of chemical sciences are playing a major role in this transition in the industry.
Impact Analysis of COVID-19
Almost every product people use has chemicals. Chemical businesses are functioning in a radically different paradigm as the effects of COVID-19 ripple over the globe and economic activity grinds to a standstill. There is a chasm in the demand for chemicals across end markets. The global supply networks disrupted, chemical companies' stock prices have taken major hits, and chemical manufacturer competitive orders have switched swiftly in the United States, the Middle East, China, and Europe.
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Segmentation of the Global Wastewater Treatment Market
Wastewater Treatment Market Segmentation
The report includes analysis based on the following segments - Offerings, Application, and Region.
Based on application, the municipal segment dominates the market with a market share of 62.12% and is predicted to grow at a faster CAGR than industrial. As municipal wastewater plants receive a considerable industry discharge and are required to create local pretreatment strategies to control industrial discharges into their sewer system.
By Offerings
Services
Designing & Engineering Consult
Building & Installation Services
Operation & Process Control
Maintenance Service
Others
Technologies
Membrane Separation
Reverse Osmosis (R.O.) Membranes
Ultrafiltration (U.F.) Membranes
Micro-Filtration (M.F.) Membrane
Nano-Filtration (N.F.) Membrane
Others
Activated Sludge
Clarification
Sludge Thickening and Dewatering
Chlorination
Industrial Demineralization
Sludge Drying
Membrane Bioreactor (MBR)
Sludge Digestion
Electrochemical Water Treatment (EEC/ EEO)
Others
Treatment Chemicals
Coagulants & Flocculants
Disinfectants and General Biocidal Products
Scale and Corrosion Inhibitors
Antifoam Chemicals
Ph Conditioners
Others
By Application
Municipal
Industrial
Manufacturing
Pharmaceuticals and Chemicals
Power
Energy
Pulp and Paper
Mining
Petrochemical
Semiconductors
Others
Region
North America
The U.S.
Canada
Mexico
Europe
The UK
Germany
France
Italy
Spain
Poland
Russia
Rest of Europe
Asia Pacific
China
Taiwan
India
Japan
Australia & New Zealand
ASEAN
Rest of Asia Pacific
Middle East & Africa (MEA)
UAE
Saudi Arabia
South Africa
Rest of MEA
South America
Brazil
Argentina
Rest of South America
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The Asia Pacific region size value was 36.0% market share, maintaining the largest market share across all regions. As a result of the existence of critical developing economies such as China, India, and Japan in this region, recording the largest market share in the market. Paints and coatings, water treatment, personal care ingredients and cosmetics, electronics, agriculture, and other sectors employ chemicals throughout the Asia-Pacific area. For foreign investors, these places provide excellent investment options. China was the largest specialty chemical market in Asia in 2019, accounting for about 38.9% of the global market. India came in second with a 23.1% share of the total market.
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Astute Analytica is a global analytics and advisory company that has built a solid reputation in a short period, thanks to the tangible outcomes we have delivered to our clients. We pride ourselves in generating unparalleled, in-depth, and uncannily accurate estimates and projections for our very demanding clients spread across different verticals. We have a long list of satisfied and repeat clients from a wide spectrum including technology, healthcare, chemicals, semiconductors, FMCG, and many more. These happy customers come to us from all across the globe.
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