The global Water and Wastewater Treatment Market size was USD 466.51 billion in 2023 and is expected to USD 284.49 billion by 2032 at a CAGR of 7.5%.
The global Water and Wastewater Treatment Market accrued earnings worth approximately 284.49 (USD Billion) in 2021 and is predicted to gain revenue of about 466.51(USD Billion) by 2028, is set to record a CAGR of nearly 7.5% over the period from 2022 to 2028. 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 2021 along with a forecast from 2022 to 2028 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 2021 | USD 284.49 Billion |
Market Forecast in 2028 | USD 466.51 Billion |
Compound Annual Growth Rate | CAGR of 7.5% |
Number of Pages | 187 |
Forecast Units | Value (USD Billion), and Volume (Units) |
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 Environmental Ltd., GFL Environmental Inc., Kurita Water Industries Ltd., and Scinor Water America, LLC. |
Segments Covered | By Type, By Offering, By Application And By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latian America, Middle East and Africa (MEA) |
Countries Covered | North America: U.S and Canada Europe: Germany, Italy, Russia, U.K, Spain, France, Rest of Europe APAC: China, Australia, Japan, India, South Korea, South East Asia, Rest of Asia Pacific Latin America: Brazil, Argentina, Chile The Middle East And Africa: South Africa, GCC, Rest of MEA |
Base Year | 2021 |
Historical Year | 2018 to 2021 |
Forecast Year | 2022 - 2028 |
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
Some of giant participants have created ripples of growth in water and waste water treatment market and will try to influence it even in ensuing years. We have profiled these participants in our report and they are 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 Environmental Ltd., GFL Environmental Inc., Kurita Water Industries Ltd., and Scinor Water America, LLC.
By Application
FrequentlyAsked Questions
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.
According to Zion market research report, The global Water and Wastewater Treatment Market accrued earnings worth approximately 284.49 (USD Billion) in 2021 and is predicted to gain revenue of about 466.51(USD Billion) by 2028, is set to record a CAGR of nearly 7.5% over the period from 2022 to 2028.
North America will contribute sizably towards the global market revenue over the projected timeline. A massive increase in Water and Wastewater Treatment Market size in region over 2022-2028 can be due to huge demand for water treatment across pharmaceuticals & beverages industry in countries such as Canada and the U.S. Furthermore, large-scale requirement for power production in region has enhanced demand for water and wastewater treatment in North America.
The key industry participants leveraging business space 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 Environmental Ltd., GFL Environmental Inc., Kurita Water Industries Ltd., and Scinor Water America, LLC.
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