Market Size –
The biological wastewater treatment market size has grown strongly in recent years. It will grow from <b>$10.74 billion in 2023 to $11.43 billion in 2024 at a compound annual growth rate (CAGR) of 6.4%. </b> The growth in the historic period can be attributed to industrial expansion and effluent discharge reduction, public awareness and concern for water pollution, cost-effectiveness of biological treatment, focus on water reuse and recycling, population growth and urbanization.
The biological wastewater treatment market size is expected to see strong growth in the next few years. It will grow to <b>$15.06 billion in 2028 at a compound annual growth rate (CAGR) of 7.1%. </b> The growth in the forecast period can be attributed to increasing investment in infrastructure upgrades, growing adoption of decentralized treatment systems, focus on water reuse and resource recovery, stringent environmental regulations, rise in industrial and municipal wastewater volumes. Major trends in the forecast period include collaboration for innovation, emergence of circular economy principles, energy recovery and resource optimization, focus on microbial ecology and bioaugmentation, adoption of nature-based solutions.
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Scope Of Biological Wastewater Treatment Market
The Business Research Company’s reports encompass a wide range of information, including:
1. Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market landscape.
4. Key Segments: Breakdown of the market into its primary segments and their respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting the market.
Biological Wastewater Treatment Market Overview
Market Drivers –
The rise in water pollution and deteriorating quality of water is expected to propel the growth of the biological wastewater treatment market going forward. Water pollution refers to the release of substances into subsurface groundwater or into lakes, streams, rivers, estuaries, and oceans to the point where the substances interfere with the beneficial use of the water. Biological wastewater treatment systems use the naturally occurring process of microbial decomposition to break down wastewater pollutants and eliminate other unwanted components. For instance, in March 2021, according to a United Nations Environment Programme global report, over 3 billion people worldwide are at risk of disease because the quality of their rivers, lakes, and groundwater is unknown. Therefore, a rise in industrialization is driving the growth of the biological wastewater treatment market.
Market Trends –
Technological advancements have emerged as a key trend gaining popularity in the biological wastewater treatment market. Major players operating in the biological wastewater treatment market are focused on innovating new technologies for increasing the efficiency of biological treatment of wastewater to sustain their position in the market. For instance, in April 2022, Evonik, a Germany-based specialty chemicals company, introduced SEPURAN membrane technology, an innovative technique to increase the effectiveness of the biological treatment of wastewater by precisely oxygenating microorganisms that take over key material conversion reactions. SEPURAN membrane technology from Evonik would be used to selectively dope bacteria with oxygen including nitrogen, a different atmospheric gas, which can be supplied to the upstream solids separation to inhibit the growth of the microorganisms. This enables the organism to absorb more nutrients from the pre-treatment.
The biological wastewater treatment market covered in this report is segmented –
1) By Process: Aerobic, Anaerobic
2) By Sales Channel: Direct Channel, Distribution Channel
3) By End-User industry: Municipal, Industrial
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Regional Insights –
North America was the largest region in the biological wastewater treatment market share in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the biological wastewater treatment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Key Companies –
Major companies operating in the biological wastewater treatment market report are Veolia Environnement S.A., Suez Water Technologies & Solutions, Aquatech International B.V., Evoqua Water Technologies Corporation, Ecolab Inc., Pentair Plc., Xylem Inc., Samco Technologies Inc., Dryden Aqua Ltd., DAS Environmental Expert GmbH, DowDuPont Inc., 3M Company, Calgon Carbon Corporation, Condorchem Envitech (Guangzhou) Co. Ltd., Microvi Biotech Inc., Axine Water Technologies, Kurita Water Industries Ltd., Hitachi Ltd., Mitsubishi Chemical Corporation, BASF SE, China Petroleum & Chemical Corporation, Honeywell International Inc., General Electric Company, Siemens Aktiengesellschaft, Danaher Corporation, Thermo Fisher Scientific Inc., PerkinElmer Inc., Giner Inc., Industrial Phycology Inc., LuminUltra Technologies Ltd., BioGill, Water Energy Technologies LLC
Table of Contents
1. Executive Summary
2. Biological Wastewater Treatment Market Report Structure
3. Biological Wastewater Treatment Market Trends And Strategies
4. Biological Wastewater Treatment Market – Macro Economic Scenario
5. Biological Wastewater Treatment Market Size And Growth
…..
27. Biological Wastewater Treatment Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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