Press release
Biological Wastewater Treatment Market Revenue Sizing Outlook Appears Bright
Allied Market Research's recent report, titled "Biological Wastewater Treatment Market by Process (Aerobic, Anaerobic, Anoxic), by Type (Municipal Waste, Industrial Waste): Global Opportunity Analysis and Industry Forecast, 2021-2031," reveals significant growth projections for the global biological wastewater treatment industry. The market, valued at $9.1 billion in 2021, is anticipated to reach $15.1 billion by 2031, with a compound annual growth rate (CAGR) of 5.2% from 2022 to 2031.ππ¨π°π§π₯π¨ππ πππ¦π©π₯π πππ ππ¬ π¨π πππ¬πππ«ππ‘ ππ―ππ«π―π’ππ°: https://www.alliedmarketresearch.com/request-sample/7360
Prime Growth Determinants
- Industrialization and Water Demand: Increasing industrial activities and rising water demand.
- Freshwater Supply and Water Shortages: Declining freshwater supplies and growing water shortages.
- Government and NGO Initiatives: Campaigns to raise awareness about clean and safe water.
These factors drive market growth, although high operational and sludge movement costs pose challenges. Government and NGO initiatives are opening new opportunities by highlighting the importance of water treatment.
Market Segmentation
By Process:
Aerobic Segment: Dominated the market in 2021, holding nearly three-fifths of the share. Projected to grow at the highest CAGR of 5.5% from 2022 to 2031, due to its efficiency in producing cleaner water faster compared to other methods.
By Type:
Industrial Waste Segment: Held over half of the market share in 2021 and is expected to maintain dominance. Increased demand for biological treatment of industrial wastewater drives growth.
Municipal Waste Segment: Expected to have the highest CAGR of 5.6% from 2022 to 2031, driven by rising domestic wastewater discharge, which can be treated effectively using microorganisms.
Regional Insights
North America:
Held the highest revenue share in 2021, over one-third of the global market.
Dominance attributed to stringent regulations on industrial wastewater treatment and the presence of numerous industries.
Asia-Pacific:
Expected to witness the fastest CAGR of 6.1% from 2022 to 2031.
Growth driven by rapid industrialization and urbanization, leading to increased wastewater generation.
Leading Market Players
- Veolia
- Suez Water Technologies & Solutions
- Aquatech International
- Evoqua Water Technologies LLC
- Ecolab Inc.
- Pentair Plc.
- Xylem Inc.
- Samco Technologies, Inc.
- Dryden Aqua Ltd.
- DAS Environmental Expert GmbH
πππππ’π§ πππ©π¨π«π πππππ’π₯π¬: https://www.alliedmarketresearch.com/biological-wastewater-treatment-market-A06995
Contact:
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About Us
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
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