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Biological Wastewater Treatment Market Size, Share Analysis, Key Insights, Trends And Outlook By 2032
The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032The Business Research Company's Biological Wastewater Treatment Global Market Report 2023 identifies rise in water pollution and deteriorating quality of water as the major driver for the biological wastewater treatment market's growth in the forecast period. Water pollution refers to the release of substances into subsurface groundwater or into lakes, streams, rivers, estuaries, and oceans to the point where the substances interfere with the beneficial use of the water. Biological wastewater treatment systems use the naturally occurring process of microbial decomposition to break down wastewater pollutants and eliminate other unwanted components.
The global biological wastewater treatment market size is expected to grow from $10.17 billion in 2022 to $10.86 billion in 2023 at a compound annual growth rate (CAGR) of 6.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of global biological wastewater treatment market is expected to reach $13.80 billion in 2027 at a CAGR of 6.2%.
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Major competitors in the biological wastewater treatment market are Veolia, Suez water technologies & solutions, Aquatech International, Evoqua water technologies, Ecolab Inc., Pentair Plc.
A key trend in the biological wastewater treatment market includes technological advancement. Major players operating in the biological wastewater treatment market are focused on innovating new technologies for increasing the efficiency of biological treatment of wastewater to sustain their position in the market. For instance, in April 2022, Evonik, a Germany-based specialty chemicals company, introduced SEPURAN membrane technology, an innovative technique to increase the effectiveness of the biological treatment of wastewater by precisely oxygenating microorganisms that take over key material conversion reactions. SEPURAN membrane technology from Evonik would be used to selectively dope bacteria with oxygen including nitrogen, a different atmospheric gas, which can be supplied to the upstream solids separation to inhibit the growth of the microorganisms. This enables the organism to absorb more nutrients from the pre-treatment.
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The biological wastewater treatment market is segmented -
1) By Process: Aerobic, Anaerobic
2) By Sales Channel: Direct Channel, Distribution Channel
3) By End-User industry: Municipal, Industrial
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the biological wastewater treatment market.
The Business Research Company's "Global Biological Wastewater Treatment Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Biological Wastewater Treatment Market Include:
1. Executive Summary
2. Biological Wastewater Treatment Market Characteristics
3. Biological Wastewater Treatment Market Trends And Strategies
4. Biological Wastewater Treatment Market - Macro Economic Scenario
5. Biological Wastewater Treatment Market Size And Growth
……
26. Africa Biological Wastewater Treatment Market
27. Biological Wastewater Treatment Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Biological Wastewater Treatment Market
29. Biological Wastewater Treatment Market Future Outlook and Potential Analysis
30. Appendix
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