Global Wastewater Treatment Plant Market Worth $ 170 Billion By 2026 – Analysis, Trends, Opportunities, Key Players – ResearchAndMarkets.com

DUBLIN – (COMMERCIAL THREAD) – “Wastewater Treatment Plants – Global Market Trajectory and Analysis” report has been added to ResearchAndMarkets.com offer.

Amid the COVID-19 crisis, the global wastewater treatment plant market, estimated at US $ 120.4 billion in 2020, is expected to reach a revised size of US $ 169.9 billion by 2026 , growing at a CAGR of 6% during the analysis period.

Residential, one of the segments analyzed in the report, is expected to grow at a CAGR of 6.8% to reach $ 97.6 billion by the end of the analysis period.

After a thorough analysis of the business implications of the pandemic and the induced economic crisis, the growth of the industrial segment is readjusted to a revised CAGR of 5.7% for the next 7-year period. This segment currently accounts for a 31.6% share of the global wastewater treatment plant market.

Market dynamics

The market is growing due to increased investment and the implementation of strict regulations for industrial and commercial environments. The global wastewater treatment plant market is sure to benefit from ongoing government initiatives and growing environmental awareness. The market is supported by a growing population, rapid urbanization and significant investments in wastewater treatment.

Factors such as increasing industrial activities, emphasis on wastewater treatment, and increasing attention to wastewater treatment units for power generation are expected to improve the growth prospects of the market. The growing awareness of waterborne diseases highlights the critical importance of wastewater treatment facilities. In addition, the implementation of strict regulations due to continued environmental degradation coupled with continued efforts to conserve resources is poised to benefit the market.

On the other hand, market growth is likely to be held back by the high cost of wastewater treatment, labor shortages, and low penetration of wastewater treatment options in emerging economies. The global wastewater treatment plant market is expected to be greatly boosted by the implementation of sophisticated technologies by traditional wastewater treatment units for the treatment of micropollutants.

In recent years, various companies have started adopting advanced options to tackle micropollutants that pose many challenges to traditional facilities. Micropollutants represent contaminants that come from household chemicals, pesticides, pharmaceutical residues, and personal care products. Treatment facilities invest in new technologies such as moving bed biofilm reactors, advanced ozone oxidation, powdered activated carbon, and adsorption to remove micropollutants from wastewater.

The trend is very widespread in European countries, including Switzerland and Germany. Various factories in Germany have adopted the latest technologies like membrane bioreactor or powdered activated carbon due to their ability to remove micropollutants in a cost effective manner. In addition, various treatment facilities are implementing energy efficient solutions to reduce their energy consumption.

Advanced and energy efficient technologies such as anaerobic digesters and membrane aerated biofilm reactors play an important role in improving water resource recovery. In addition, the use of advanced digesters to produce biogas as well as the adoption of reciprocating gas engines to generate electricity using biogas enables processing plants to reduce energy consumption. These developments are expected to give a significant boost to the global wastewater treatment plant market.

The residential segment represents the main end-use market for wastewater treatment plants. Municipal bodies focus on the design, supply and commissioning of wastewater treatment equipment for the drinking water, wastewater and stormwater end-use markets. Growth in this segment will be driven by the need to comply with strict regulations requiring the treatment of domestic wastewater before it is released into the environment. The increasingly scarce water resources also result in a need for recycling and reuse of residential wastewater / wastewater for other applications, thus necessitating the establishment of sewage treatment plants.

Commercial segment to reach $ 26.3 billion by 2026

In the global business segment, the United States, Canada, Japan, China and Europe will lead the estimated 3.9% CAGR for this segment. These regional markets representing a combined market size of US $ 15 billion in 2020 will grow to a projected size of US $ 19.6 billion by the end of the analysis period.

China will remain among the fastest growing countries in this group of regional markets. Led by countries such as Australia, India and South Korea, the Asia-Pacific market is expected to reach $ 3.9 billion by 2026, while Latin America will grow at a CAGR of 5 , 2% during the analysis period.

The US market is estimated at $ 30 billion in 2021, while China is expected to reach $ 23.5 billion by 2026

The wastewater treatment plant market in the United States is estimated at US $ 30 billion in 2021. The country currently accounts for a 24.36% share of the global market. China, the world’s second-largest economy, is expected to reach an estimated market size of US $ 23.5 billion in 2026, behind a CAGR of 7.8% through 2026.

Other noteworthy geographic markets include Japan and Canada, which are each expected to grow 4.5% and 4.7% respectively over the period of analysis. In Europe, Germany is expected to grow at a CAGR of around 5.6% while the rest of the European market (as defined in the study) will reach US $ 25.6 billion by the end of the period analysis.

Some competitors (total of 217 featured)

  • Buckman International Laboratories Inc.

  • Ecoprog GmbH

  • Emerso

  • Hitachi

  • Suez

Key topics covered

I. METHODOLOGY

II. ABSTRACT

1. MARKET OVERVIEW

  • Impact of the COVID-19 pandemic and the looming global recession

  • 2020 marked as a year of disruption and transformation

  • Impact of the pandemic on wastewater treatment facilities

  • Pandemic reinforces importance of wastewater monitoring

  • Amid pandemic, researchers analyze wastewater for COVID-19 contamination

  • British and Indian researchers develop new sensor for detecting COVID-19 in wastewater

  • Wastewater treatment plants: play a crucial role in wastewater and wastewater treatment

  • Wastewater production and collection

  • Wastewater characteristics

  • Wastewater treatment process

  • Sewage systems

  • Some wastewater treatment technologies

  • Global Market Outlook

  • Developing economies will spearhead future growth

  • Brands of the world

  • Recent market activity

2. FOCUS ON CERTAIN PLAYERS

3. MARKET TRENDS AND FACTORS

  • Increased wastewater discharge volumes, scarce resources and the need for clean water to increase the need for wastewater treatment facilities

  • Deteriorating water quality and widening gap between safe and reliable water supply intensifies the need for wastewater treatment

  • Population expansion and globalization require investments in wastewater treatment facilities, propelling market growth

  • As the urban population grows, the demand for wastewater treatment facilities is poised to grow

  • Growing pressure from governments and tight regulatory framework are contributing to increased investment in wastewater treatment facilities

  • Threat of micropollutants and limitations of conventional wastewater treatment emphasize advanced wastewater treatment technologies

  • Advanced treatment to remove micro-pollutants

  • Increasing industrial activity shifts attention to efficient wastewater treatment facilities

  • Low level of wastewater treatment services in low-income economies: a major obstacle

  • Growing threat of waterborne diseases from wastewater discharges increases importance of wastewater treatment plants

  • Medical wastewater treatment: essential to reduce the risk of infections and diseases

  • Innovative Sewer Waste Management Technologies

  • Main challenges facing wastewater treatment plants

4. WORLD MARKET PERSPECTIVE

III. MARKET ANALYSIS

  • Total number of profiled companies: 217

For more information on this report, visit https://www.researchandmarkets.com/r/9ducrl

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