Press release
Decentralized Water Treatment Market is projected to reach a value of $40.55 billion by 2030
According to the report published by Virtue Market Research, the Global Decentralized Water Treatment Market was valued at $13.92 billion in 2022 and is projected to reach a market capitalization of $40.55 billion by 2030. Over the forecast period of 2023-2030, the market is anticipated to grow at a CAGR of 14.3% owing to growing awareness of water scarcity and quality.Read More @ https://virtuemarketresearch.com/report/decentralized-water-treatment-market
The rising understanding of the necessity for clean water and the shortage of water, and the demand for effective and sustainable water management systems have increased as populations continue to rise and water supplies become scarcer. Communities may take control of their own water supply and guarantee access to clean water by using a decentralised water treatment, especially in places where centralised treatment is impractical. Decentralized water treatment systems are now more efficient and effective because of the development of cutting-edge water treatment technology. Decentralized water treatment systems are designed to be more cost-effective than centralized treatment, especially in areas with low water demand. They can be powered by a variety of energy sources, making them ideal for remote areas where the electricity grid is not available. Additionally, the small size and modular design of DWT systems make them ideal for areas with fluctuating water demand, as they can be scaled up or down as needed.
The expansion of the market is also being driven by the introduction of new water treatment technologies that have improved the efficacy and efficiency of decentralised water treatment systems. Decentralized water treatment systems are increasingly being powered by renewable energy sources like solar, wind, and biogas as sustainability and lowering the carbon footprint become more and more important. This lowers the systems' operational costs while also lowering the carbon emissions linked to more conventional energy sources like coal and natural gas. Additionally, this trend is enhancing the stability and dependability of the water treatment system. Many developing nations are experiencing a worsening water shortage and deterioration of water quality as a result of expanding populations and increased industry. Decentralized water treatment systems can offer a viable and affordable solution to these problems, particularly in remote locations where centralised treatment may not be possible. The market is anticipated to have considerable expansion in the next few years as a result of the increased realisation of this potential by government agencies, development organisations, and private sector businesses. However, the market for decentralised water treatment has received a mixed response to the COVID-19 pandemic. On the one hand, the pandemic has disrupted supply chains and delayed the start of new projects since lockdowns and travel restrictions have been enacted in several nations. On the other side, the pandemic has increased awareness of the value of having access to clean water and has boosted demand for decentralised water treatment systems in some places, particularly in nations where the pandemic has negatively impacted centralised treatment facilities.
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Segmentation Analysis:
The Global Decentralized Water Treatment Market Segmentation includes:
By Application:
• Water Treatment
• Wastewater Treatment
• Effluent Treatment
Due to the rising need for environmentally friendly and economically viable water treatment methods, effluent treatment, as well as wastewater treatment are anticipated to fuel growth in the decentralised water treatment market. Decentralized water treatment systems are frequently utilised to treat home and commercial wastewater. Systems for decentralised wastewater treatment are especially helpful in places with sparse sewer infrastructure where centralised treatment is not practical. They are also utilised in industrial settings that produce large quantities of pollutants, such as those that process food and beverages, make chemicals, and make pharmaceuticals. For treating effluent streams from industrial operations, decentralised water treatment systems are also employed and hold a major share in the global decentralized water treatment market. Heavy metals, organic compounds, and other dangerous chemicals are among the pollutants that these systems are intended to get rid of. Industries with significant amounts of pollutants, such as mining, petrochemical manufacture, and paper making, frequently adopt decentralised effluent treatment systems.
By End User:
• Municipal
• Industrial
In the decentralised water treatment market, it is anticipated that the industrial end-user sector would see substantial expansion during the forecast period. Municipalities frequently utilise decentralised water treatment systems to treat home and commercial wastewater. Typical applications for these systems include places with sparse centralised sewage infrastructure, where conventional wastewater treatment methods are impossible to reach. Greywater and stormwater runoff are also treated using decentralised water treatment systems, allowing the treated water to be reused for industrial operations and other non-potable uses. Decentralized water treatment systems are also widely used by industrial companies for the treatment of process wastewater and effluent streams. These systems are designed to remove contaminants such as heavy metals, organic compounds, and other harmful substances from the effluent, making it safe to discharge into the environment.
Regional Analysis:
Water scarcity and demand for fresh water is anticipated to drive market growth in all region. Decentralized water treatment systems are anticipated to be quite popular in North America because of the region's developing environmental restrictions on water pollution as well as the rising need for affordable and sustainable water treatment solutions. A sizable market for decentralised water treatment systems is anticipated in Europe. Key markets in Europe are anticipated to include the UK, Germany, and France. A significantly expanding market for decentralised water treatment systems is anticipated in Asia-Pacific. Key markets in the Asia-Pacific are anticipated to include China, India, and Japan due to the increase in industrialization activities in the region.
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Latest Industry Developments:
• In May 2022, SUEZ announced the purchase of a top supplier of decentralised water treatment systems with the goal of strengthening its sectoral offers and increasing its market share.
• In September 2022, Aquatech announced the completion of a decentralized water treatment project for a large industrial facility, providing efficient and cost-effective water treatment solutions for the facility.
• In December 2021 Veolia announced the completion of a large-scale decentralized water treatment project in a developing country, demonstrating its expertise and commitment to providing innovative water treatment solutions.
Contact Us:
Virtue Market Research
Kumar Plaza, #103, SRPF Rd, Ramtekadi, Pune, Maharashtra 411013, India
E-mail: megha@virtuemarketresearch.com
Phone: +1-917 436 1025
Virtue Market Research is a strategic management firm helping companies to tackle most of their strategic issues and make informed decisions for their future growth. We offer syndicated reports and consulting services. Our reports are designed to provide insights on the constant flux in the global demand-supply gap of markets.
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