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Rising Water Pollution Sparks Growth In Wastewater Treatment Plant Market Driver: A Major Catalyst in the Evolution of the Wastewater Treatment Plant Market in 2025
Wastewater Treatment Plant Market
The continual rise in water contamination is anticipated to spur the growth trajectory of the wastewater treatment plant market. Water pollution is a result of harmful substances tainting water bodies, making them harmful for human use or the environment. Tackling this issue calls for international cooperation to counter this escalating concern and formulate strategies like advanced water surveillance and wastewater treatment. Wastewater treatment plants are crucial in managing water pollution as they oversee and treat wastewater, safeguarding the water quality and promoting long-term water management tactics. For instance, in 2022, the United Nations, an intergovernmental organization based in the US, disclosed that 2.2 billion individuals still lacked access to safely managed drinking water services, while 3.5 billion people were without access to safely managed sanitation services, marking an uptick from the previous year. Consequently, the escalating levels of water contamination are fuelling the growth surge of the wastewater treatment plant market.
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What Is the projected market size and growth rate for the wastewater treatment plant market?
The market size of the wastewater treatment plant has experienced substantial growth over the past few years. It's projected to escalate from $134.46 billion in 2024 to $143.61 billion in 2025, clocking a compound annual growth rate (CAGR) of 6.8%. This growth trajectory in the historical period owes much to multiple factors such as increased spending on water infrastructure, industrial growth and expansion, surge in population and swift urbanization, the introduction of strict environmental laws, and a worldwide surge in water and sanitation public-private partnerships (PPPs).
The size of the wastewater treatment plant market is anticipated to experience significant growth in the upcoming years, reaching a market value of $178.38 billion in 2029, with a CAGR of 5.6%. Factors contributing to this growth projection include rising water contamination levels, rigid industrial emission regulations, a mounting population, and urbanization, leading to a heightened need for purified water. Additionally, strict governmental discharge rules and an increasing consciousness about water reuse and conservation also play a pivotal role. Looking forward, the market is expected to witness trends such as technological advancements, the use of decentralized and modular wastewater treatment systems, a surge in water reuse and recycling endeavours, biogas generation in wastewater treatment plants and an emerging trend of wastewater treatment 4.0.
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What new trends are reshaping the wastewater treatment plant market and its opportunities?
In the realm of wastewater treatment, the main participants in the market are working on producing fresh, sophisticated solutions like membrane bioreactor (MBR) wastewater treatment facilities in order to bolster their market earnings. The MBR wastewater treatment method is a sophisticated technology that incorporates a membrane filtering module with a suspended growth bioreactor like an activated sludge process. For example, in September 2022, Evac Oy, a company from Finland that specialises in integrated waste, wastewater, and freshwater administration systems, unveiled a modern, medium-sized variant of the Evac Membrane Bioreactor (MBR) wastewater treatment plant for different kinds of vessels. The groundbreaking Evac MBR Mid-range not only meets but also exceeds the existing wastewater treatment norms. By filtering nearly 99% of microplastic particles and facilitating nutrient removal, it ensures excellent treatment results. The quality of the treated effluent is so exceptional that the water can either be reused or further treated on the vessel itself. The Evac MBR is an essential element of a breakthrough wastewater treatment setup and one of Evac's flagship sustainability products. The inclusion of a nutrient removal component in the system permits vessels to operate in ecological sensitive zones, effortlessly cleansing and discharging all wastewater from passengers and crew without posing a risk to human health or the marine ecosystem.
What major market segments define the scope and growth of the wastewater treatment plant market?
The wastewater treatment plant market covered in this report is segmented -
1) By Type: Effluent, Sewage Treatment, Agriculture, Leachate
2) By Technology: Physical Treatment, Biological Treatment, Chemical Treatment, Electrochemical Treatment
3) By Process: Conventional Treatment, Advanced Treatment, Membrane Treatment, Hybrid Treatment
4) By End-Use Industries: Municipal Wastewater Treatment Plants, Industrial Wastewater Treatment Plants
Subsegments:
1) By Effluent: Industrial Effluent Treatment, Municipal Effluent Treatment
2) By Sewage: Primary Sewage Treatment, Secondary Sewage Treatment, Tertiary Sewage Treatment
3) By Agriculture: Irrigation Water Treatment, Agricultural Runoff Treatment
4) By Leachate: Landfill Leachate Treatment, Industrial Leachate Treatment
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Asia-Pacific was the largest region in the wastewater treatment plant market in 2024. It is expected to be the fastest-growing region in the forecast period. The regions covered in the wastewater treatment plant market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Which key market leaders are driving the wastewater treatment plant industry growth?
Major companies operating in the wastewater treatment plant market are Hitachi Ltd., Veolia Environnement S.A., Mitsubishi Chemical Aqua Solutions, Larsen & Toubro Limited, Nalco Water India Ltd., Kubota Corporation, Suez Environment S.A., Xylem Inc., Pentair PLC, ITT Corporation, Evoqua Water Technologies Corporation, Fluence Corporation, Thermax Ltd., Triveni Engineering & Industries Ltd., Doshion Veolia Water Solutions Pvt. Ltd., Kemisan Klor-Alkali A.S., Ion Exchange India Ltd., FilterBoxx Inc., Organica Water, Paramount Limited, Bioxica, GE Water And Process Technologies, TMW Technologies, VA Tech Wabag Ltd., ECOfluid Systems Inc., Aquatech International LLC, Danaher Corporation, Doosan Heavy Industries & Construction Co. Ltd., Kurita Water Industries Ltd., Toshiba Water Solutions Private Limited
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What Is Covered In The Wastewater Treatment Plant Global Market Report?
•Market Size Forecast: Examine the wastewater treatment plant market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the wastewater treatment plant market for a structured understanding.
•Key Players Overview: Analyze major players in the wastewater treatment plant market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the wastewater treatment plant market.
•Segment Contributions: Evaluate how different segments drive overall growth in the wastewater treatment plant market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the wastewater treatment plant market.
•Industry Challenges: Identify potential risks and obstacles affecting the wastewater treatment plant market.
•Competitive Landscape: Review strategic developments in the wastewater treatment plant market, including expansions, agreements, and new product launches.
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