Industrial Wastewater Treatment Market Size, Share, Trends Analysis, And Forecast To 2033

The new report published by The Business Research Company, titled Industrial Wastewater Treatment Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033, delivers an in-depth analysis of the leading size and forecasts, investment opportunities, winning strategies, market drivers and trends, competitive landscape, and evolving market trends.

As per the report, the industrial wastewater treatment market size has grown strongly in recent years. It will grow from $28.44 billion in 2023 to $30.38 billion in 2024 at a compound annual growth rate (CAGR) of 6.8%. The industrial wastewater treatment market size is expected to see strong growth in the next few years. It will grow to $38.88 billion in 2028 at a compound annual growth rate (CAGR) of 6.4%.

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Rising Industrialization Fuels The Industrial Wastewater Treatment Boom
Rising industrialization is significantly contributing to the growth of the industrial wastewater treatment market going forward. Industrialization refers to a shift away from an economy based on resources or agriculture and towards one based on mechanized manufacturing. Industrial wastewater treatment is used to purify wastewater generated from industrial activity due to the production of wet waste and chemical disposal from various industries. For instance, according to data released by Eurostat, a Luxembourg-based Directorate-General of the European Commission, the value of the European Union's industrial production jumped by 14 percent from $4,981 billion in 2020 to $5,664 billion in 2021. Therefore, rising industrialization will drive the industrial wastewater treatment market.

Technological Trends In Industrial Wastewater Treatment Market
Technological advancement is the key trend gaining popularity in the industrial wastewater treatment market. Major companies operating in the industrial wastewater treatment market are focusing on developing new technologies to increase the efficiency of industrial wastewater treatment and increase its application. For instance, in February 2022, ABB Ltd. a Switzerland-based automation company launched ABB Ability Smart Solution for wastewater. ABB Ability is a digital system that undertakes the unique task of attaining the lowest energy utilization while meeting the highest operating standards imposed by wastewater treatment plant operators. To anticipate future operational needs, the new approach is built on two important pillars: advanced process control (APC) and digital twin and simulation technologies. It will help wastewater treatment plants achieve optimal operating conditions by reducing process variability and stabilizing operations via continuous monitoring and automation that allows for continual, incremental operational changes and gains, cutting energy consumption and chemical use while enhancing profitability. The ABB Ability Smart Solution for Wastewater, created with hydraulic modeling intelligence from Denmark's water environment specialists, DHI Group, creates a more stable treatment process by predicting wastewater inflow in conjunction with environmental factors such as weather patterns, reducing the risk of overflow and fines.

The industrial wastewater treatment market covered in this report is segmented -

1) By Type: Coagulants, Flocculants, Corrosion Inhibitors, Scale Inhibitors, Biocides and Disinfectants, Other Types
2) By Process: Ultrafiltration Systems, Vacuum Evaporation And Distillation, Reverse Osmosis Systems, Paper Bed Filters, Solid Bowl Centrifuges, Tramp Oil Separators, Vacuum Filters, Other Processes
3) By Application: Biological, Sludge Treatment, Filtration, Demineralization, Disinfection, Other Applications
4) By End-User: Food and Beverage, Oil And Gas, Pulp And Paper, Chemical And Petrochemical, Healthcare, Poultry And Agriculture, Other End-Users

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Major companies operating in the industrial wastewater treatment market report are Aquatech International LLC,Veolia Water Technologies Inc.,Creative Water Solutions,Sapphire Water Systems,Minerals Technologies Inc.,M.W. Watermark LLC,Culligan International,Water Professionals International,Ecolab Inc.,Solenis LLC,Cortec Corporation,Buckman Laboratories Inc.,Evoqua Water Technologies LLC,Akzo Nobel N.V.,Lenntech B.V.,SUEZ - Water Technologies & Solutions,Xylem Inc.,DuPont Water Solutions,Pentair plc,3M Company, ITT Inc.,United Utilities Group plc, Severn Trent Water, Oxyle AG,Kingspan Group,American Water,Organo Sdn Bhd,Kemira Oyj,Kurita Water Industries Ltd.,Lonza Group Ltd.,Axine Water Technologies Inc.

Contents of the report:
1. Executive Summary
2. Industrial Wastewater Treatment Market Report Structure
3. Industrial Wastewater Treatment Market Trends And Strategies
4. Industrial Wastewater Treatment Market - Macro Economic Scenario
5. Industrial Wastewater Treatment Market Size And Growth
…..
27. Industrial 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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