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Biological Wastewater Treatment Global Market Report 2024 - By Size, Share, Trends, Outlook, Forecast To 2033
Biological Wastewater Treatment Market
The Business Research Company offers in-depth market insights through Biological 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 biological wastewater treatment market size has grown strongly in recent years. It will grow from $10.74 billion in 2023 to $11.43 billion in 2024 at a compound annual growth rate (CAGR) of 6.4%. The growth in the historic period can be attributed to industrial expansion and effluent discharge reduction, public awareness and concern for water pollution, cost-effectiveness of biological treatment, focus on water reuse and recycling, population growth and urbanization..
The biological wastewater treatment market size is expected to see strong growth in the next few years. It will grow to $15.06 billion in 2028 at a compound annual growth rate (CAGR) of 7.1%. The growth in the forecast period can be attributed to increasing investment in infrastructure upgrades, growing adoption of decentralized treatment systems, focus on water reuse and resource recovery, stringent environmental regulations, rise in industrial and municipal wastewater volumes.. Major trends in the forecast period include collaboration for innovation, emergence of circular economy principles, energy recovery and resource optimization, focus on microbial ecology and bioaugmentation, adoption of nature-based solutions..
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Market Segmentation:
The biological wastewater treatment market covered in this report is segmented -
1) By Process: Aerobic, Anaerobic
2) By Sales Channel: Direct Channel, Distribution Channel
3) By End-User industry: Municipal, Industrial
Major Driver - Biological Wastewater Treatment Market Surge By Addressing The Global Challenge Of Water Pollution And Deteriorating Water Quality
The rise in water pollution and deteriorating quality of water is expected to propel the growth of the biological wastewater treatment market going forward. 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. For instance, in March 2021, according to a United Nations Environment Programme global report, over 3 billion people worldwide are at risk of disease because the quality of their rivers, lakes, and groundwater is unknown. Therefore, a rise in industrialization is driving the growth of the biological wastewater treatment market.
Competitive Landscape:
Major companies operating in the biological wastewater treatment market report are Veolia Environnement S.A., Suez Water Technologies & Solutions, Aquatech International B.V., Evoqua Water Technologies Corporation, Ecolab Inc., Pentair Plc., Xylem Inc., Samco Technologies Inc., Dryden Aqua Ltd., DAS Environmental Expert GmbH, DowDuPont Inc., 3M Company, Calgon Carbon Corporation, Condorchem Envitech (Guangzhou) Co. Ltd., Microvi Biotech Inc., Axine Water Technologies, Kurita Water Industries Ltd., Hitachi Ltd., Mitsubishi Chemical Corporation, BASF SE, China Petroleum & Chemical Corporation, Honeywell International Inc., General Electric Company, Siemens Aktiengesellschaft, Danaher Corporation, Thermo Fisher Scientific Inc., PerkinElmer Inc., Giner Inc., Industrial Phycology Inc., LuminUltra Technologies Ltd., BioGill, Water Energy Technologies LLC
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Top Trend - Sustainable Technological Innovations Are The Evolving Trends In Biological Wastewater Treatment Market
Technological advancements have emerged as a key trend gaining popularity in the biological wastewater treatment market. 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.
The Table Of Content For The Market Report 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
…..
27. Biological 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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