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Agricultural Wastewater Treatment Market Report 2024: Strategies And Recent Developments | Evoqua Water Technologies LLC, Lindsay Corporation, IDE Technologies Ltd., DuPont de Nemours Inc., Jacobs Engineering Group Inc., BASF SE
The Business Research Company has updated its global market reports, featuring the latest data for 2024 and projections up to 2045The Business Research Company offers in-depth market insights through Agricultural Wastewater Treatment Global Market Report 2024, providing businesses with a competitive advantage by thoroughly analyzing the market structure, including estimates for numerous segments and sub-segments.
Market Size And Growth Forecast:
The agricultural wastewater treatment market size has grown strongly in recent years. It will grow from $2.64 billion in 2023 to $2.84 billion in 2024 at a compound annual growth rate (CAGR) of 7.3%. The growth in the historic period can be attributed to growing agricultural intensification and expansion, lack of awareness and regulations regarding agricultural wastewater, increased use of fertilizers and pesticides in farming practices, impact of agricultural runoff on water quality, concerns over environmental pollution and ecosystem degradation.
The agricultural wastewater treatment market size is expected to see strong growth in the next few years. It will grow to $3.89 billion in 2028 at a compound annual growth rate (CAGR) of 8.2%. The growth in the forecast period can be attributed to implementation of stringent environmental regulations, rising awareness of water scarcity and conservation, increased investment in sustainable agriculture practices, growing demand for recycled water in agriculture, growing demand for organic food products. Major trends in the forecast period include adoption of advanced technologies for wastewater treatment,integration of decentralized wastewater treatment systems, utilization of innovative biological treatment methods, application of precision agriculture to optimize water usage, development of cost-effective and energy-efficient treatment solutions.
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Market Segmentation:
The agricultural wastewater treatment market covered in this report is segmented -
1) By Technology: Physical Solutions, Chemical Solutions, Biological Solutions
2) By Pollutant Source: Point Source, Non-Point Source
3) By Application: Farming, Soil Resources, Groundwater Resources, Dairy, Other Applications
Major Driver - Rising Agricultural Water Demand Drives Agricultural Wastewater Treatment Market Growth
The rising agricultural water demand is expected to propel the growth of the agricultural wastewater treatment market going forward. Agricultural water refers to water that is used to produce fresh produce and sustain livestock. Treated wastewater can be used by farmers directly through irrigation or indirectly through replenishing aquifers at a time when we need to produce more food to feed a growing population. For instance, in 2021, according to the Institute of Physics (IOP), a UK-based learned society and professional body, the overall agricultural water requirement amounted to 21,615.32 million cubic meters (MCM), while the estimated demand for 2050 is projected to be 20,970.03 MCM. Therefore, the rising demand for agricultural water is driving the growth of the agricultural wastewater treatment market.
Competitive Landscape:
Major companies operating in the agricultural wastewater treatment market report are Evoqua Water Technologies LLC, Lindsay Corporation, IDE Technologies Ltd., DuPont de Nemours Inc., Jacobs Engineering Group Inc., BASF SE, Architecture Engineering Consulting Operations and Maintenance, WSP Global Inc., Grundfos Holding A/S, Dover Corporation, Ingersoll Rand Inc., United Utilities Group plc, Nouryon Holding B. V., Organo Corporation, OriginClear Inc., Suez SA, Veolia Environnement S. A., Ecolab Inc., Kemira Oyj, Kurita Water Industries Ltd., Thermax Limited, Dow Inc., LEWA GmbH, ProMinent GmbH, Watson-Marlow Fluid Technology Group, Aquatech International LLC, Fluence Corporation Limited, Pentair plc, Samco Technologies Inc., Dryden Aqua Ltd., DAS Environmental Expert GmbH, Xylem Inc.
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Top Trend - Technological Innovations In Agricultural Wastewater Treatment Market
Technological innovations are the key trend gaining popularity in the agricultural wastewater treatment market. Major companies operating in the agricultural wastewater treatment market are introducing technological innovations to sustain their position in the market. For instance, in September 2021, Arab Contractors Company and Orascom Construction opened and launched the world's largest wastewater treatment plant, which was built with ABB's innovative ABB technology, including electrification, motion, and process automation business areas. The plant has a facility that uses renewable energy to deliver treated water for industrial and agricultural production.
The Table Of Content For The Market Report Include:
1. Executive Summary
2. Agricultural Wastewater Treatment Market Characteristics
3. Agricultural Wastewater Treatment Market Trends And Strategies
4. Agricultural Wastewater Treatment Market - Macro Economic Scenario
5. Agricultural Wastewater Treatment Market Size And Growth
…..
27. Agricultural Wastewater Treatment Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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