The decentralized water treatment global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
Decentralized Water Treatment Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.
Market Size –
The decentralized water treatment market size has grown rapidly in recent years. It will grow from $15.58 billion in 2023 to $18.07 billion in 2024 at a compound annual growth rate (CAGR) of 15.9%. The growth in the historic period can be attributed to increasing awareness of the benefits of clean water, the growing number of shopping malls and hotels and deteriorating water quality in countries, dwt is beneficial for communities considering new systems, rising need for a de-centralized wastewater treatment, the rising understanding of the necessity for clean water.
The decentralized water treatment market size is expected to see rapid growth in the next few years. It will grow to $31.85 billion in 2028 at a compound annual growth rate (CAGR) of 15.2%. The growth in the forecast period can be attributed to rising demand for freshwater, increase the penetration rate of decentralized water treatment, rapid development of the economy, increasing population and rapid urbanization, rise consumer awareness. Major trends in the forecast period include adoption of blockchain technology, increasing adoption of decentralized water treatment, integration of IoT and AI, rise of decentralized water treatment as a service (DTaaS), rising innovations.
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Scope Of Decentralized Water Treatment Market
The Business Research Company’s reports encompass a wide range of information, including:
- Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.
- Drivers: Examination of the key factors propelling market growth.
- Trends: Identification of emerging trends and patterns shaping the market landscape.
- Key Segments: Breakdown of the market into its primary segments and their respective performance.
- Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
- Macro Economic Factors: Assessment of broader economic elements impacting the market.
Decentralized Water Treatment Market Overview
Market Drivers –
The rising demand for freshwater is expected to propel the growth of the decentralized water treatment market going forward. The demand for freshwater is increasing due to growing populations, urbanization, industrialization, agricultural expansion, climate change, environmental degradation, and inefficient water use. Decentralized water treatment helps freshwater by providing localized purification solutions, reducing strain on centralized systems, and improving access to clean water in remote or underserved areas. For instance, in October 2023, according to the Water Account, Australia by the Australian Bureau of Statistics, an Australia-based government agency, in the period from 2020 to 2021, the national water consumption for industries and households in Australia experienced a slight increase of less than half a percent, rising from 13,415 gigalitres (GL) to 13,449 GL. Therefore, the rising demand for freshwater is driving the growth of the decentralized water treatment market.
Market Trends –
Major companies operating in the decentralized water treatment market are developing innovative technologies, such as advanced oxidation technology, to enhance wastewater reuse at a lower cost. Advanced oxidation processes (AOPs) are chemical treatment procedures that remove organic and sometimes inorganic materials from water and wastewater. For instance, in August 2021, The Energy and Resources Institute, an India-based research institute that specializes in the fields of energy, environment, and sustainable development, launched the Advanced Oxidation Technology called TADOX, which can help achieve zero liquid discharge (ZLD) and reduce dependence and load on biological and tertiary treatment systems. By treating sewage and highly polluted industrial wastewater streams, this method, which employs UV-photocatalysis, increases the amount of wastewater that may be reused in both industrial and wastewater treatment applications. The technology is supported by the Indian government’s Department of Science and Technology’s Water Technology Initiative (WTI). A potential choice for new Decentralized Wastewater Treatment Technologies (DWTT) in townships, commercial complexes, green buildings, smart cities, and prospective and current infrastructure projects is TADOX, which can be retrofitted and incorporated into existing treatment systems.
The decentralized water treatment market covered in this report is segmented –
1) By Technology: Membrane Technology, Thermal Technology, Other Technologies
2) By System: Point Of Use (POU), Point Of Entry (POE), Small Scale Systems
3) By Application: Wastewater Treatment, Effluent Treatment, Water Treatment
4) By End-user: Municipal, Industrial
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Regional Insights –
Asia-Pacific was the largest region in the decentralized water treatment market in 2023. The regions covered in the decentralized water treatment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Key Companies –
Major companies operating in the decentralized water treatment market are Veolia Water Technologies, Suez SA, Dupont, Xylem Inc., Evoqua Water Technologies Corp., Darley, FilterBoxx Water and Environmental Corp., Organica Water, ATB WATER GmbH, Biomicrobics Inc., De. mem Limited, Adedge Water Technologies LLC, Epuramat S.A., Hydroswiss SA, Ayala Water & Ecology Ltd., Biokube, Afmitech Friesland BV, Epiphany Inc., LifeQuest World Corp, TMW, TopolWater Ltd., WaterHealth International, Bioxica, ECOfluid Systems Inc., Prana Sustainable Water LLC
Table of Contents
- Executive Summary
- Decentralized Water Treatment Market Report Structure
- Decentralized Water Treatment Market Trends And Strategies
- Decentralized Water Treatment Market – Macro Economic Scenario
- Decentralized Water Treatment Market Size And Growth
…..
- Decentralized Water Treatment Market Competitor Landscape And Company Profiles
- Key Mergers And Acquisitions
- Future Outlook and Potential Analysis
- Appendix
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