Overview and Scope
Sewage treatment facilities refer to an arrangement of devices and structures for the treatment of wastewater, industrial wastes, and sludge. These facilities are used to operate sewer systems or sewage treatment facilities that collect, treat, and dispose of waste. They are also used as waste treatment plants.
Sizing and Forecast
The sewage treatment facilities market size has grown strongly in recent years. It will grow from $232.66 billion in 2023 to $251.37 billion in 2024 at a compound annual growth rate (CAGR) of 8.0%. The growth in the historic period can be attributed to urbanization and population growth, environmental regulations, public health concerns, industrial and commercial activities, infrastructure development.
The sewage treatment facilities market size is expected to see strong growth in the next few years. It will grow to $343.24 billion in 2028 at a compound annual growth rate (CAGR) of 8.1%. The growth in the forecast period can be attributed to growing population and urbanization trends, climate change impact, advancements in treatment technologies, water scarcity challenges, government initiatives. Major trends in the forecast period include shift towards sustainable and low-energy treatment processes, enhanced nutrient removal and effluent quality improvement, application of biological treatment innovations, increased emphasis on sludge management and treatment, rise in public-private partnerships for infrastructure development.
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Segmentation & Regional Insights
The sewage treatment facilities market covered in this report is segmented –
1) By Type: Residential, Industrial, and Commercial
2) By Treatment System: Centralized, Decentralized
3) By Application: Industrial, Municipal
Asia-Pacific was the largest region in the sewage treatment facilities market in 2023. The regions covered in the sewage treatment facilities market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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Major Driver Impacting Market Growth
The growth in the sewage treatment facilities market is due to increased pressure from governments on companies and increasing investments in the market. For instance, in July 2022, the Clean Water Act, a primary federal law in the United States governing water pollution, made it unlawful to discharge any pollutant from a point source into navigable waters, unless a permit is obtained. Under the CWA, the EPA (United States Environmental Protection Agency) has put in place pollution management plans, including regulating industrial effluent. Therefore, increased pressure from the government regarding water pollution is driving the growth of the sewage treatment market.
Key Industry Players
Major companies operating in the sewage treatment facilities market report are Kubota Corporation, Hitachi Ltd., Suez S.A., SWA Water Treatment LLC, Kingspan Water & Energy, Xylem Inc., Pentair plc, Ecolab Inc., Fluence Corporation Ltd., Thermax Limited, Golder Associates Ltd., SFC Environmental Technologies Pvt. Ltd., Buckman Laboratories Inc., RWL Water Group plc, Smith & Loveless Inc., Clearford Industries Inc., Aquatech International Corporation, Evoqua Water Technologies LLC, Hyflux Ltd., Veolia Environnement S.A., Orenco Systems Inc., Bio-Microbics Inc., Emerson Electric Company, W.O.G. Technologies Pvt. Ltd., Ecoprog GmbH, Membracon Ltd., Bluewater Bio Ltd., Premier Tech Aqua Systems India Pvt Ltd., BioShaft Water Technology Inc., Global Water & Energy L.L.C., H2O Innovation Inc.
The sewage treatment facilities market report table of contents includes:
1. Executive Summary
2. Sewage Treatment Facilities Market Characteristics
3. Sewage Treatment Facilities Product/Service Analysis -Product/Service Examples
4. Sewage Treatment Facilities Market Trends And Strategies
5. Sewage Treatment Facilities Market – Macro Economic Scenario
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68. Global Sewage Treatment Facilities Market Competitive Benchmarking
69. Global Sewage Treatment Facilities Market Competitive Dashboard
70. Key Mergers And Acquisitions In The Sewage Treatment Facilities Market
71. Sewage Treatment Facilities Market Future Outlook and Potential Analysis
72. Appendix
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