Press release
Water and Wastewater Treatment Market Size to Record 7.5% CAGR over 2024-2032
Water and Wastewater Treatment Market
The demand for water and wastewater treatment technologies is rising across the globe due to large-scale urbanization and rapid industrialization. Since more people are moving to urban areas, the demand for clean water is growing at a notable pace every year. Similarly, more manufacturing plants are being set up to cater to the rising lifestyle demands of people living in the cities. This factor has led to a worrying rise in the volume of wastewater being generated from these plants each year. Many countries across the world are also facing severe water shortages, compelling the authorities to use wastewater treatment solutions to convert seawater into drinkable water with the help of the desalination process. These factors are expected to augment the water and wastewater treatment market growth.
Fortune Business Insightsโข displays this information in a report titled, "Water and Wastewater Treatment Market, 2024-2032."
๐๐๐ญ ๐ ๐ ๐ซ๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ ๐๐ซ๐จ๐๐ก๐ฎ๐ซ๐:
https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/water-and-wastewater-treatment-market-102632
๐๐๐๐ ๐๐ ๐๐๐ ๐๐๐๐๐๐๐๐๐ ๐๐๐๐ ๐๐๐๐ ๐๐ ๐๐๐ ๐๐๐๐๐๐
โข Veolia (France)
โข SUEZ Worldwide (France)
โข DuPont (U.S.)
โข 3M (U.S.)
โข Xylem (U.S.)
โข Kemira (Finland)
โข Evoqua Water Technologies LLC (U.S.)
โข Pentair PLC (U.K.)
โข Ecolab (U.S.)
โข American Water (U.S.)
โข Acciona (Spain)
โข Hydro International (U.K.)
โข Aquatech International LLC (U.S.)
โข Trojan Technologies (Canada)
โข BioMicrobics Inc. (U.S.)
โข Kurita Water Industries Ltd. (Japan)
โข ASIO (Czech Republic)
๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง:
๐๐ข๐ฌ๐ข๐ง๐ ๐ ๐จ๐๐ฎ๐ฌ ๐จ๐ง ๐๐ฌ๐ญ๐๐๐ฅ๐ข๐ฌ๐ก๐ฆ๐๐ง๐ญ ๐จ๐ ๐๐๐ฐ ๐๐ซ๐๐๐ญ๐ฆ๐๐ง๐ญ ๐๐ฅ๐๐ง๐ญ๐ฌ ๐ญ๐จ ๐๐จ๐จ๐ฌ๐ญ ๐๐๐ฆ๐๐ง๐ ๐๐จ๐ซ ๐๐๐ญ๐๐ซ ๐๐ซ๐๐๐ญ๐ฆ๐๐ง๐ญ ๐๐๐ซ๐ฏ๐ข๐๐๐ฌ
Based on segment, the market is classified into chemicals, equipment, and services. The services segment is anticipated to record a strong growth rate during the forecast period as more companies are focusing on building new water and wastewater treatment plants while renovating the existing facilities.
Municipal Establishments to Increase Dependence on Wastewater Treatment Facilities to Supply Clean Agriculture Water
Based on application, the market is bifurcated into municipal and industrial. The municipal segment is expected to hold a dominant water and wastewater market share as more than 30% of the global water supply goes to the agriculture sector. This will automatically increase the demand for clean water to help farmers keep their fields healthy.
With respect to region, the market covers North America, Europe, Asia Pacific, South America, and the Middle East & Africa.
๐๐๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ฏ๐๐ซ๐๐ ๐:
The market report offers an elaborative study of the industry and highlights key areas, such as prominent companies, leading application areas of the product, and key technologies. It also offers valuable insights into the most recent market trends and focuses on top industry developments. Besides the aforementioned factors, the report also encompasses several factors that have contributed to the market's growth in recent years.
๐ฎ๐๐ ๐ ๐ธ๐๐๐๐:
https://www.fortunebusinessinsights.com/enquiry/get-a-quote/water-and-wastewater-treatment-market-102632
๐๐ซ๐ข๐ฏ๐๐ซ๐ฌ ๐๐ง๐ ๐๐๐ฌ๐ญ๐ซ๐๐ข๐ง๐ญ๐ฌ:
๐๐ฆ๐ฉ๐จ๐ฌ๐ข๐ญ๐ข๐จ๐ง ๐จ๐ ๐๐ญ๐ซ๐ข๐๐ญ ๐๐ฎ๐ฅ๐๐ฌ ๐๐จ๐ซ ๐๐๐๐ฅ๐ฎ๐๐ง๐ญ ๐๐ซ๐๐๐ญ๐ฆ๐๐ง๐ญ ๐ญ๐จ ๐๐จ๐จ๐ฌ๐ญ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐จ๐ฐ๐ญ๐ก
While production processes are undergoing a wide range of technological innovations to improve their overall efficiency and performance, the volume of wastewater generation increased by many folds over the years. The effluents released by companies that process rare metals, pesticides, chemicals, and other harmful materials pose severe environmental risks. This is why many reputed government agencies have released protocols and guidelines that place a limit on the number of effluents in industrial water before it is released into freshwater bodies. Such initiatives will drive the water and wastewater treatment market share.
However, the high costs involved in setting up smart water and wastewater facilities can impede market growth.
๐๐๐ ๐ข๐จ๐ง๐๐ฅ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ:
๐๐จ๐ซ๐ญ๐ก ๐๐ฆ๐๐ซ๐ข๐๐ ๐ญ๐จ ๐๐จ๐ฆ๐ข๐ง๐๐ญ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ฎ๐ ๐ญ๐จ ๐๐ซ๐จ๐ฐ๐ข๐ง๐ ๐๐๐ฆ๐๐ง๐ ๐๐จ๐ซ ๐๐ซ๐๐๐ญ๐๐ ๐๐๐ญ๐๐ซ ๐๐ซ๐จ๐ฆ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ข๐๐ฌ
North America holds a dominant position in the global market as the region is witnessing heavy demand for treated water from the pharmaceutical and beverage industries. Also, the demand for a constant energy supply to keep industries running has accelerated the need for demineralized water, thereby boosting regional market growth.
The Asia Pacific market is predicted to surpass North America in some years as countries, such as India, China, and Southeast Asia are increasing their investments in sanitation solutions to improve the water quality.
๐๐จ๐ฆ๐ฉ๐๐ญ๐ข๐ญ๐ข๐ฏ๐ ๐๐๐ง๐๐ฌ๐๐๐ฉ๐:
Key Firms to Implement Sustainable Growth Strategies to Boost Market Presence
Some of the leading companies in this market include Veolia and Suez Environment. These companies are implementing sustainable and long-term growth strategies to create diverse product portfolios and improve their presence in the global market.
๐๐จ๐ญ๐๐๐ฅ๐ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐๐๐ฏ๐๐ฅ๐จ๐ฉ๐ฆ๐๐ง๐ญ:
January 2022 - Veolia Water Technologies offered a compact and sustainable AnoxKaldnes Moving Bed Biofilm Reactor (MBBR) solution as part of its renovation project at the Tokoroa wastewater treatment plant in South Waikato, New Zealand.
๐น๐๐๐ ๐ด๐๐๐ ๐ฐ๐๐๐๐๐๐๐๐๐๐
https://www.fortunebusinessinsights.com/water-and-wastewater-treatment-market-102632
๐น๐๐๐๐๐๐ ๐น๐๐๐๐๐๐ -
Water Treatment Chemicals Market: https://www.fortunebusinessinsights.com/industry-reports/water-treatment-chemicals-market-101748
Water Purifier Market: https://www.fortunebusinessinsights.com/water-purifier-market-103118
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๐๐๐จ๐ฎ๐ญ ๐๐ฌ:
Fortune Business Insightsโข offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them to address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.
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