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Industry Analysis of Agricultural Wastewater Treatment Market: Insights, Market Dynamics, and Future Forecasts
Agricultural Wastewater Treatment Market
As per the report, the agricultural wastewater treatment market size has grown strongly in recent years. It will grow from $2.64 billion in 2023 to $2.84 billion in 2024 at a compound annual growth rate (CAGR) of 7.3%. The agricultural wastewater treatment market size is expected to see strong growth in the next few years. It will grow to $3.89 billion in 2028 at a compound annual growth rate (CAGR) of 8.2%.
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Rising Agricultural Water Demand Drives Agricultural Wastewater Treatment Market Growth
The rising agricultural water demand is expected to propel the growth of the agricultural wastewater treatment market going forward. Agricultural water refers to water that is used to produce fresh produce and sustain livestock. Treated wastewater can be used by farmers directly through irrigation or indirectly through replenishing aquifers at a time when we need to produce more food to feed a growing population. For instance, in 2021, according to the Institute of Physics (IOP), a UK-based learned society and professional body, the overall agricultural water requirement amounted to 21,615.32 million cubic meters (MCM), while the estimated demand for 2050 is projected to be 20,970.03 MCM. Therefore, the rising demand for agricultural water is driving the growth of the agricultural wastewater treatment market.
Technological Innovations In Agricultural Wastewater Treatment Market
Technological innovations are the key trend gaining popularity in the agricultural wastewater treatment market. Major companies operating in the agricultural wastewater treatment market are introducing technological innovations to sustain their position in the market. For instance, in September 2021, Arab Contractors Company and Orascom Construction opened and launched the world's largest wastewater treatment plant, which was built with ABB's innovative ABB technology, including electrification, motion, and process automation business areas. The plant has a facility that uses renewable energy to deliver treated water for industrial and agricultural production.
The agricultural wastewater treatment market covered in this report is segmented -
1) By Technology: Physical Solutions, Chemical Solutions, Biological Solutions
2) By Pollutant Source: Point Source, Non-Point Source
3) By Application: Farming, Soil Resources, Groundwater Resources, Dairy, Other Applications
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Major companies operating in the agricultural wastewater treatment market report are Evoqua Water Technologies LLC, Lindsay Corporation, IDE Technologies Ltd., DuPont de Nemours Inc., Jacobs Engineering Group Inc., BASF SE, Architecture Engineering Consulting Operations and Maintenance, WSP Global Inc., Grundfos Holding A/S, Dover Corporation, Ingersoll Rand Inc., United Utilities Group plc, Nouryon Holding B. V., Organo Corporation, OriginClear Inc., Suez SA, Veolia Environnement S. A., Ecolab Inc., Kemira Oyj, Kurita Water Industries Ltd., Thermax Limited, Dow Inc., LEWA GmbH, ProMinent GmbH, Watson-Marlow Fluid Technology Group, Aquatech International LLC, Fluence Corporation Limited, Pentair plc, Samco Technologies Inc., Dryden Aqua Ltd., DAS Environmental Expert GmbH, Xylem Inc.
Contents of the report:
1. Executive Summary
2. Agricultural Wastewater Treatment Market Report Structure
3. Agricultural Wastewater Treatment Market Trends And Strategies
4. Agricultural Wastewater Treatment Market - Macro Economic Scenario
5. Agricultural Wastewater Treatment Market Size And Growth
…..
27. Agricultural 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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