Press release
Water And Sewage Market Outlook 2024 : Expected Market Growth Rate, Major Driver And Segments | Veolia Environment SA, Suez Environnement SA, Engie, Huaneng Power International, Inc, Companhia de Saneamento Basico-Sabesp
Water And Sewage Global Market Report
The Business Research Company presents an extensive market research report on the Water And Sewage Global Market Report 2024, furnishing businesses with a competitive edge through a detailed examination of the market structure, encompassing estimates for various segments and sub-segments.
Furthermore, the report highlights on emerging trends, significant drivers, challenges, and opportunities, providing all necessary data for thriving in the industry. This report market research offers a comprehensive perspective, including an in-depth analysis of the present and future scenarios within the industry.
Market Sizing:
The water and sewage market size has grown strongly in recent years. It will grow from $683.29 billion in 2023 to $732.13 billion in 2024 at a compound annual growth rate (CAGR) of 7.1%. The growth in the historic period can be attributed to increase in regulations of government for wastewater treatment, rapid urbanization, growing wastewater complexities, increased demand for water from agricultural sector, increased demand for steam and air-conditioning supply, and emerging markets growth..
The water and sewage market size is expected to see strong growth in the next few years. It will grow to $962.75 billion in 2028 at a compound annual growth rate (CAGR) of 7.1%. The growth in the forecast period can be attributed to the rise in global population, rapidly diminishing fresh water resources, increasing demand for wastewater treatment, industrial pollutions, awareness on cleanliness and increasing smart cities will drive growth. Major trends in the forecast period include investing in the development of technologies, developing or adopting drip irrigation systems, deploying artificial intelligence in the wastewater and sewage treatment, implementing of iot based smart irrigation systems, developing of energy efficient and ecofriendly products and attracting government investments.
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Key Market Players:
Major companies operating in the water and sewage market report are Veolia Environment SA, Suez Environnement SA, Engie, Huaneng Power International, Inc, Companhia de Saneamento Basico-Sabesp, American Water Works Company, Inc., United Utilities, Severn Trent Plc, Anglian Water, Ecolab Inc, Kurita Water Industries Ltd, Pt. Amrita Enviro Energi (Banten, Indonesia), Aquatech International LLC (India), Toplea Machinery Imp And. Exp Co., Ltd, Shanghai Kaiquan Pump (Group) Co., LTD, Water Corporation, Anbit Drilling Equipment Co., Ltd, Henan Zhong An Electronic Detection Technology CO., LTD, Jiangsu Jiuwu Hi-tech Co, Xi an QingYun Water Treatment Tech. Co., Ltd, GSD Industrial Co., Ltd, Shanghai Dazhang Filtrate Equipment Co.,Ltd, V? ???h W?b?g, ?h?rm?? ?nd??, Toshiba water solutions Pvt. Ltd, NALCO (National Aluminium Company Limited), Thames Water, EUROWATER, Feralco Group, Berliner Wasserbetriebe, NCH Europe, Kemira, ClearFox, Lamor, Lifasa, Nuova Fima SpA, Elecnor, Dellmeco, OSMO Membrane Systems GmbH, ASIO spol. s r.o, BWT Poland Sp. o.o, Orenco Systems, Danaher, Aquatech, Xylem Inc (U.S.), Dow Water And Process Solutions, Calgon Carbon Corporation, Evoqua Water Technologies Corporation, 3M, Pentair Plc, ITT Inc., DuPont, GE Water And Process Technologies, UVDynamics Inc, JPS Industries, Les Traitements Bio-Bac Inc, Dynamix Agitators Inc, Ostara Nutrient Recovery Technologies Inc, Aqua One Filtration Inc, Membrane Specialists LLC, Ground Effects Environmental Services Inc, Atlantech - Model HR MACRO - Flotation System, Alexandria Water Company (AWCO), Oman Water and Wastewater Services Company, Suido Kiko Middle East (SKME), Proxa, WEC Projects, Lektratek Water Technology, Water Purification chemical Plant, Water Icon.
Market Drivers:
The large amount of wastewater, which is untreated, is expected to propel the growth of the water and sewage market. Wastewater is used water and it is generated at residential as well as at businesses, which contain nitrogen and phosphorus from human waste, food, and specific soaps and detergents. The water needs to be treated in sewage treatment facilities to reduce the pollutants to a level that nature can tolerate, generating demand for sewage treatment facilities. For instance, according to the "Urban Wastewater Scenario In India" report by the NITI Aayog, an apex public policy think tank of the Government of India, for the 2020-2021 year, wastewater generation in rural areas was estimated to be around 39,604 Million Liters Per Day (MLD), whereas it was estimated to be 72,368 MLD in urban areas. Only 28% of MLD was being treated, implying that 72% of the wastewater remained untreated, presenting a large opportunity for sewage treatment facilities. Therefore, the large amount of untreated wastewater is expected to drive the water and sewage market going forward.
Learn More About The Market Report -
https://www.thebusinessresearchcompany.com/report/water-and-sewage-global-market-report
The water and sewage market covered in this report is segmented -
1) By Type: Water Supply and Irrigation Systems, Sewage Treatment Facilities, Steam and Air-Conditioning Supply
2) By Operator: Public, Private
3) By End-User: Residential, Commercial, Industrial, Agriculture
The report answers the following questions:
What are the primary factors propelling the market during the projected period?
In which region is the most substantial growth expected?
Which trend will take center stage in the upcoming period?
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