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Sewage Treatment Facilities Global Market 2024 - Industry Trends, Share, Size, Growth, Opportunity And Forecast 2033
Sewage Treatment Facilities Global Market
As per the report, the sewage treatment facilities market size has grown strongly in recent years. It will grow from $232.66 billion in 2023 to $251.37 billion in 2024 at a compound annual growth rate (CAGR) of 8.0%. The sewage treatment facilities market size is expected to see strong growth in the next few years. It will grow to $343.24 billion in 2028 at a compound annual growth rate (CAGR) of 8.1%.
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Sewage Treatment Facilities Market Surges Amidst Government Regulations And Increased Investments
The growth in the sewage treatment facilities market is due to increased pressure from governments on companies and increasing investments in the market. For instance, in July 2022, the Clean Water Act, a primary federal law in the United States governing water pollution, made it unlawful to discharge any pollutant from a point source into navigable waters, unless a permit is obtained. Under the CWA, the EPA (United States Environmental Protection Agency) has put in place pollution management plans, including regulating industrial effluent. Therefore, increased pressure from the government regarding water pollution is driving the growth of the sewage treatment market.
Addressing Micro-Pollutants Advanced Technologies Revolutionize Wastewater Treatment
Micro-pollutants that are challenging the treatment capability of conventional wastewater treatment plants are being treated with advanced technologies. Micro-pollutants are contaminants originating from pharmaceutical residues, household chemicals, personal care products, and pesticides. Technologies such as moving bed biofilm reactors (MBBR), ozone-based advanced oxidation, adsorption, and powdered activated carbon (PAC) are being used to remove micro-pollutants from wastewater. For instance, in Germany, advanced technologies such as GE's membrane bioreactor and powdered activated carbon technology are proving to be a cost-effective way of removing micro-pollutants from wastewater.
The sewage treatment facilities market covered in this report is segmented -
1) By Type: Residential, Industrial, and Commercial
2) By Treatment System: Centralized, Decentralized
3) By Application: Industrial, Municipal
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Major companies operating in the sewage treatment facilities market report are Kubota Corporation, Hitachi Ltd., Suez S.A., SWA Water Treatment LLC, Kingspan Water & Energy, Xylem Inc., Pentair plc, Ecolab Inc., Fluence Corporation Ltd., Thermax Limited, Golder Associates Ltd., SFC Environmental Technologies Pvt. Ltd., Buckman Laboratories Inc., RWL Water Group plc, Smith & Loveless Inc., Clearford Industries Inc., Aquatech International Corporation, Evoqua Water Technologies LLC, Hyflux Ltd., Veolia Environnement S.A., Orenco Systems Inc., Bio-Microbics Inc., Emerson Electric Company, W.O.G. Technologies Pvt. Ltd., Ecoprog GmbH, Membracon Ltd., Bluewater Bio Ltd., Premier Tech Aqua Systems India Pvt Ltd., BioShaft Water Technology Inc., Global Water & Energy L.L.C., H2O Innovation Inc.
Contents of the report:
1. Executive Summary
2. Sewage Treatment Facilities Market Report Structure
3. Sewage Treatment Facilities Market Trends And Strategies
4. Sewage Treatment Facilities Market - Macro Economic Scenario
5. Sewage Treatment Facilities Market Size And Growth
…..
27. Sewage Treatment Facilities Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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