Decentralized Water Treatment Global Market Report 2024 - By Growth, Size, Share, Report, Forecast To 2033

The decentralized water treatment market size has grown rapidly in recent years. It will grow from $15.58 billion in 2023 to $18.07 billion in 2024 at a compound annual growth rate (CAGR) of 15.9%. The growth in the historic period can be attributed to increasing awareness of the benefits of clean water, the growing number of shopping malls and hotels and deteriorating water quality in countries, dwt is beneficial for communities considering new systems, rising need for a de-centralized wastewater treatment, the rising understanding of the necessity for clean water.

The decentralized water treatment market size is expected to see rapid growth in the next few years. It will grow to $31.85 billion in 2028 at a compound annual growth rate (CAGR) of 15.2%. The growth in the forecast period can be attributed to rising demand for freshwater, increase the penetration rate of decentralized water treatment, rapid development of the economy, increasing population and rapid urbanization, rise consumer awareness. Major trends in the forecast period include adoption of blockchain technology, increasing adoption of decentralized water treatment, integration of IoT and AI, rise of decentralized water treatment as a service (DTaaS), rising innovations.

Market Overview -
Decentralized water treatment involves placing water or wastewater treatment facilities closer to the water supply or demand point rather than centralizing them in distant treatment plants. This approach aims to offer more localized and efficient treatment solutions, resulting in cost reduction, enhanced flexibility, improved sustainability, and increased control over water management.

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The Role Of Decentralized Water Treatment In Addressing Global Freshwater Scarcity
The rising demand for freshwater is expected to propel the growth of the decentralized water treatment market going forward. The demand for freshwater is increasing due to growing populations, urbanization, industrialization, agricultural expansion, climate change, environmental degradation, and inefficient water use. Decentralized water treatment helps freshwater by providing localized purification solutions, reducing strain on centralized systems, and improving access to clean water in remote or underserved areas. For instance, in October 2023, according to the Water Account, Australia by the Australian Bureau of Statistics, an Australia-based government agency, in the period from 2020 to 2021, the national water consumption for industries and households in Australia experienced a slight increase of less than half a percent, rising from 13,415 gigalitres (GL) to 13,449 GL. Therefore, the rising demand for freshwater is driving the growth of the decentralized water treatment market.

Competitive Landscape -
Major companies operating in the decentralized water treatment market are Veolia Water Technologies, Suez SA, Dupont, Xylem Inc., Evoqua Water Technologies Corp., Darley, FilterBoxx Water and Environmental Corp., Organica Water, ATB WATER GmbH, Biomicrobics Inc., De. mem Limited, Adedge Water Technologies LLC, Epuramat S.A., Hydroswiss SA, Ayala Water & Ecology Ltd., Biokube, Afmitech Friesland BV, Epiphany Inc., LifeQuest World Corp, TMW, TopolWater Ltd., WaterHealth International, Bioxica, ECOfluid Systems Inc., Prana Sustainable Water LLC

Innovative Advanced Oxidation Technology Revolutionizing Decentralized Water Treatment Market
Major companies operating in the decentralized water treatment market are developing innovative technologies, such as advanced oxidation technology, to enhance wastewater reuse at a lower cost. Advanced oxidation processes (AOPs) are chemical treatment procedures that remove organic and sometimes inorganic materials from water and wastewater. For instance, in August 2021, The Energy and Resources Institute, an India-based research institute that specializes in the fields of energy, environment, and sustainable development, launched the Advanced Oxidation Technology called TADOX, which can help achieve zero liquid discharge (ZLD) and reduce dependence and load on biological and tertiary treatment systems. By treating sewage and highly polluted industrial wastewater streams, this method, which employs UV-photocatalysis, increases the amount of wastewater that may be reused in both industrial and wastewater treatment applications. The technology is supported by the Indian government's Department of Science and Technology's Water Technology Initiative (WTI). A potential choice for new Decentralized Wastewater Treatment Technologies (DWTT) in townships, commercial complexes, green buildings, smart cities, and prospective and current infrastructure projects is TADOX, which can be retrofitted and incorporated into existing treatment systems.

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Key Segments -
The decentralized water treatment market covered in this report is segmented -
1) By Technology: Membrane Technology, Thermal Technology, Other Technologies
2) By System: Point Of Use (POU), Point Of Entry (POE), Small Scale Systems
3) By Application: Wastewater Treatment, Effluent Treatment, Water Treatment
4) By End-user: Municipal, Industrial

Key highlights covered in the report -
1. Detailed market size forecast and historical data analysis
2. Key drivers influencing market growth
3. Identification of upcoming trends and potential opportunities in the market
4. Analysis of major players strategies, to understand competitive dynamics and market positioning
5. Evaluation of regional dynamics

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