Press release
Wastewater Treatment Plant Market Growth Forecast 2025: Industry Trends, Market Size, and Projections
Wastewater Treatment Plant Market Size
What Is the Wastewater Treatment Plant Market Size and Projected Growth Rate?
The market size of wastewater treatment plants has been experiencing significant growth in the last few years. The market is projected to surge from $134.46 billion in 2024 to $143.61 billion in 2025, corresponding to a compound annual growth rate (CAGR) of 6.8%. The impressive growth observed in the historic period is credited to the escalating investments in water infrastructure, the rapid growth of industries and industrialization, the increasing population and swift urbanization, the enforcement of strict environmental laws, and the worldwide escalation in water and sanitation Public-Private Partnerships (PPPs).
The market size of the wastewater treatment plant is set to witness robust expansion in the forthcoming years. By 2029, it is projected to scale up to $178.38 billion, with a compound annual growth rate (CAGR) of 5.6%. Factors like escalating water pollution levels, stringent rules on industrial emissions, rising population and urbanization resulting in an increased demand for purified water, strict government guidelines related to wastewater discharge as well as growing consciousness about water conservation and reuse contribute to the growth predicted for this period. Technological advancements, the uptake of decentralized and modular wastewater treatment systems, the proliferation of water reuse and recycling schemes and the production of biogas in wastewater treatment plants, along with wastewater treatment 4.0 are some of the significant trends in this forecast period.
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What Are the Major Segments in 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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What Are The Driving Wastewater Treatment Plant Market Evolution?
The escalating rates of water contamination are predicted to boost the progression of the wastewater treatment plant market in the future. The process of water pollution takes place when water bodies get tainted by hazardous materials, marking them dangerous to humans and the environment. Tackling water pollution requires international collaboration to address this escalating issue and devise strategies such as enhanced water tracking and wastewater treatment. Wastewater treatment facilities play a crucial part in tackling water pollution by managing and treating wastewater, maintaining water purity and adopting sustainable water management practices. For example, as per the United Nations, a U.S.-based intergovernmental organization, in 2022, 2.2 billion individuals still lacked access to securely managed drinking water services, and 3.5 billion were devoid of access to safely managed sanitation services, indicating an upward trend from the preceding year. Consequently, the escalating rates of water contamination are fuelling the growth of the wastewater treatment plant market.
Which Firms Dominate The Wastewater Treatment Plant Market Segments?
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
What Trends Are Expected to Dominate the Wastewater Treatment Plant Market in the Next 5 Years?
Leading businesses in the wastewater treatment plant industry are concentrating on presenting cutting-edge, inventive solutions such as Membrane Bioreactor (MBR) wastewater treatment plants to increase their market earnings. MBR wastewater treatment plants are sophisticated systems that combine a membrane filtration component with a suspended growth bioreactor, for instance, an activated sludge procedure. In September 2022, a noteworthy example was when Evac Oy, a Finland-based firm specializing in combined waste, wastewater, and clean water management systems, unveiled a medium-sized version of the Evac Membrane Bioreactor (MBR) wastewater treatment plant designed for various types of shipping vessels. The ground-breaking Evac MBR Mid-range surpasses existing wastewater treatment standards, efficiently filtering up to 99% of microplastic fragments and enabling nutrient elimination. As a result, the quality of the effluent is so elevated that the treated water can either be reused or processed further on the vessel. As a crucial part of an inventive wastewater treatment system, Evac MBR is one of Evac's Sustainability Spearhead Products. Incorporating a nutrient removal module into the system permits vessels to operate in environments that are sensitive, treating and releasing all wastewater from passengers and crew without posing risks to human health or the marine ecology.
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Which Is The Largest Region In The Wastewater Treatment Plant Market?
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.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Wastewater Treatment Plant Market?
2. What is the CAGR expected in the Wastewater Treatment Plant Market?
3. What Are the Key Innovations Transforming the Wastewater Treatment Plant Industry?
4. Which Region Is Leading the Wastewater Treatment Plant Market?
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