The Biological Wastewater Treatment Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
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According to The Business Research Company’s Biological Wastewater Treatment Global Market Report 2024, The biological wastewater treatment market size has grown strongly in recent years. It will grow from $10.74 billion in 2023 to $11.43 billion in 2024 at a compound annual growth rate (CAGR) of 6.4%. 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 $15.06 billion in 2028 at a compound annual growth rate (CAGR) of 7.1%. 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..
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.
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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
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 report table of contents includes:
- Executive Summary
- Biological Wastewater Treatment Market Characteristics
- Biological Wastewater Treatment Market Trends And Strategies
- Biological Wastewater Treatment Market – Macro Economic Scenario
- Global Biological Wastewater Treatment Market Size and Growth
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- Global Biological Wastewater Treatment Market Competitive Benchmarking
- Global Biological Wastewater Treatment Market Competitive Dashboard
- Key Mergers And Acquisitions In The Biological Wastewater Treatment Market
- Biological Wastewater Treatment Market Future Outlook and Potential Analysis
- Appendix
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