Wastewater Treatment Plant Market Forecast 2024-2033: Growth Drivers and Market Insights

The wastewater treatment plant 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.

Wastewater Treatment Plant 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 wastewater treatment plant market size has grown strongly in recent years. It will grow from $125.52 billion in 2023 to $134.46 billion in 2024 at a compound annual growth rate (CAGR) of 7.1%.  The growth in the historic period can be attributed to rising investments in water infrastructure, growing industrialization and expanding industries, rising population and rapid urbanization, implementation of stringent environmental regulations, and global increase in water and sanitation PPPs (Public-Private Partnerships).

The wastewater treatment plant market size is expected to see strong growth in the next few years. It will grow to $169.34 billion in 2028 at a compound annual growth rate (CAGR) of 5.9%.  The growth in the forecast period can be attributed to increasing water pollution levels, strict regulations related to industrial emissions, increasing population and urbanization leading to higher demand for clean water, stringent government regulations on wastewater discharge, growing awareness about the need for water conservation and reuse. Major trends in the forecast period include technological advancements, adoption of decentralized and modular wastewater treatment systems, expansion of water reuse and recycling initiatives, biogas production in wastewater treatment plants, wastewater treatment 4.0.

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Scope Of Wastewater Treatment Plant 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.

Wastewater Treatment Plant Market Overview

Market Drivers –
The increasing levels of water pollution are expected to propel the growth of the wastewater treatment plant market going forward. Water pollution occurs when harmful substances contaminate water bodies, rendering them toxic to humans or the environment. Addressing water pollution demands global cooperation to confront this growing issue and develop solutions such as improved water monitoring and wastewater treatment. Wastewater treatment plants play a vital role in addressing water pollution by managing and treating wastewater to protect water quality and ensure sustainable water management practices. For instance, in 2022, according to the United Nations, a US-based intergovernmental organization, 2.2 billion people still did not have access to safely managed drinking water services, and 3.5 billion lacked access to safely managed sanitation services, representing an increase compared to the previous year. Therefore, the increasing levels of water pollution are driving the growth of the wastewater treatment plant market.

Market Trends –
Major companies operating in the wastewater treatment plant market are focused on introducing advanced and innovative solutions, such as membrane bioreactor (MBR) wastewater treatment plants, to drive their revenues in the market. Membrane Bioreactor (MBR) wastewater treatment plants are advanced systems that integrate a membrane filtration unit with a suspended growth bioreactor, such as an activated sludge process. For instance, in September 2022, Evac Oy, a Finland-based provider of integrated waste, wastewater, and freshwater management systems, launched a new, mid-size version of the Evac Membrane Bioreactor (MBR) wastewater treatment plant for various types of vessels. The revolutionary Evac MBR Mid-range meets and exceeds current wastewater treatment standards. It provides optimal treatment outcomes by filtering up to 99% of microplastic particles and allowing for nutrient removal. The effluent quality is so high that the treated water can be reused or further processed on the vessel. Evac MBR is a vital component of an innovative wastewater treatment system and one of Evac’s Sustainability Spearhead Products. Including a nutrient removal unit in the system enables vessels to operate in environmentally sensitive locations, cleaning and discharging all wastewater from passengers and crew without endangering human health or the marine environment.

The wastewater treatment plant market covered in this report is segmented –

1) By Type: Effluent, Sewage Treatment, Agriculture, Leachate
2) By Technology: Physical Treatment, Biological Treatment, Chemical Treatment, Electrochemical Treatment
3) By Process: Conventional Treatment, Advanced Treatment, Membrane Treatment, Hybrid Treatment
4) By End-Use Industries: Municipal Wastewater Treatment Plants, Industrial Wastewater Treatment Plants

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Regional Insights –
Asia-Pacific was the largest region in the wastewater treatment plant market in 2023. It is expected to be the fastest-growing region in the forecast period. The regions covered in the wastewater treatment plant market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Key Companies –
Major companies operating in the wastewater treatment plant market are Hitachi Ltd., Veolia Environnement S.A., Mitsubishi Chemical Aqua Solutions, Larsen & Toubro Limited, Nalco Water India Ltd., Kubota Corporation, Suez Environment S.A., Xylem Inc., Pentair PLC, ITT Corporation, Evoqua Water Technologies Corporation, Fluence Corporation, Thermax Ltd., Triveni Engineering & Industries Ltd., Doshion Veolia Water Solutions Pvt. Ltd., Kemisan Klor-Alkali A.S., Ion Exchange India Ltd., FilterBoxx Inc., Organica Water, Paramount Limited, Bioxica, GE Water And Process Technologies, TMW Technologies, VA Tech Wabag Ltd., ECOfluid Systems Inc., Aquatech International LLC, Danaher Corporation, Doosan Heavy Industries & Construction Co. Ltd., Kurita Water Industries Ltd., Toshiba Water Solutions Private Limited

Table of Contents
1. Executive Summary
2. Wastewater Treatment Plant Market Report Structure
3. Wastewater Treatment Plant Market Trends And Strategies
4. Wastewater Treatment Plant Market – Macro Economic Scenario
5. Wastewater Treatment Plant Market Size And Growth
…..
27. Wastewater Treatment Plant Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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