Market Size in 2024 | Market Forecast in 2034 | CAGR (in %) | Base Year |
---|---|---|---|
USD 338.82 Billion | USD 677.68 Billion | 7.2% | 2024 |
The global Water and Wastewater Treatment Market accrued earnings worth approximately USD 338.82 Billion in 2024 and is predicted to gain revenue of about USD 677.68 Billion by 2034, is set to record a (CAGR) of roughly 7.2% between 2025 and 2034. The study provides an assessment and analysis of the Water and Wastewater Treatment Market on a global & regional level. It offers a comprehensive assessment of the market competition, constraints, revenue estimates, opportunities, evolving trends, and industry-validated data. The report provides historical data from 2018 to 2024 along with a forecast from 2025 and 2034 based on revenue (USD Billion).
Water & wastewater treatment is necessary for humans to fulfill the demand for water resources for farming and municipal corporations. The key aim of wastewater treatment is removing suspended solids from water. The latter is referred to as effluent which is again purified to a level so that the water can be reused in farming activities. With declining water quality massively impacting water utility costs, wastewater treatment has become necessary and this has translated into humungous growth of the water and wastewater treatment market. For the record, the most significant breakthroughs in the water industry is innovations in water membrane tools and materials utilized in effectively treating & reusing water. This is likely to enlarge the scope of water and wastewater treatment market growth.
Growth of water and wastewater treatment industry over forecasting timeline is subject to massive demand for clean water due to water scarcity as well as depletion of water sources & reservoirs due to exploding population across globe. Additionally, strict laws pertaining to ecological problems have enhanced popularity of water & wastewater treatment systems. Growing healthcare concerns and rise in levels of population due to rise in urbanization & industrialization has led to industrial waste deposition in water bodies, thereby creating huge demand for water & wastewater treatment methods. This will stretch market growth graph in upward direction. Rise in occurrence of waterborne diseases with latter being main cause of deaths in infants as well as children has resulted in huge necessity of water & waste water treatment solutions, thereby driving market growth trends.
Furthermore, a prominent rise in treating of sewage & drainage water in countries such as India, the U.S., and China will embellish demand for waste water treatment tools, thereby creating new growth avenues for water and waste water treatment market. Nevertheless, huge equipment costs and rise in operational costs can pose a threat to growth of market in forthcoming years.
Report Attributes | Report Details |
---|---|
Report Name | Water and Wastewater Treatment Market |
Market Size in 2024 | USD 338.82 Billion |
Market Forecast in 2034 | USD 677.68 Billion |
Growth Rate | CAGR of 7.2% |
Number of Pages | 187 |
Key Companies Covered | Veolia Environnement S.A., Acciona, S.A., The Dow Chemical Company, Pentair plc, United Utilities Group PLC, Calgon Carbon Corporation, BioMicrobics Inc Orenco Systems Inc., Trojan Technologies Inc., Ecolab Inc., Aquatech International LLC, Kingspan Envir, and others. |
Segments Covered | By Type, By Offering, By Application, and By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, The Middle East and Africa (MEA) |
Base Year | 2024 |
Historical Year | 2020 to 2023 |
Forecast Year | 2025 - 2034 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
North American Water and Wastewater Treatment Market To Experience Scalable Growth In Next Six Years
Progression of water and wastewater treatment market in North America over forecasting timespan is subject to huge demand for water treatment across pharmaceuticals & beverages industry in countries such as Canada and the U.S. Furthermore, huge need of power production for aiding industrial & infrastructural growth has prompted demand for water and wastewater treatment in sub-continent. This has led to massive regional market growth.
Water and Wastewater Treatment Market: Competitive Insights
The report provides a company market share analysis to give a broader overview of the key market players. In addition, the report also covers key strategic developments of the market, including acquisitions & mergers, new product launches, agreements, partnerships, collaborations & joint ventures, research & development, and regional expansion of major participants involved in the water and wastewater treatment market on a global and regional basis.
By Application
By Region
FrequentlyAsked Questions
Water and wastewater treatment refers to the processes used to make water clean and safe for use—or to clean used water (wastewater) before it’s released back into the environment or reused.
The global water and wastewater treatment market is expected to grow due to rising water scarcity concerns, stringent environmental regulations, increasing urbanization, growing industrialization, and the need for sustainable and efficient water management solutions.
According to a study, the global water and wastewater treatment market size was worth around USD 338.82 Billion in 2024 and is expected to reach USD 677.68 Billion by 2034.
The global water and wastewater treatment market is expected to grow at a CAGR of 7.2% during the forecast period.
Asia-Pacific is expected to dominate the water and wastewater treatment market over the forecast period.
Leading players in the global water and wastewater treatment market include Veolia Environnement S.A., Acciona, S.A., The Dow Chemical Company, Pentair plc, United Utilities Group PLC, Calgon Carbon Corporation, BioMicrobics Inc Orenco Systems Inc., Trojan Technologies Inc., Ecolab Inc., Aquatech International LLC, Kingspan Envir, among others.
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