Water and Wastewater Treatment Market Size, Demand, Scope, Share, Growth, Applications, Types and Forecasts Report 2027

 


The Global Water and Wastewater Treatment Market is expected to be valued USD 472.53 Billion by 2027 from USD 283.98 billion in 2019, registering a CAGR of 7.0% through the forecast period. This growth is credited to the lack of freshwater resources across the globe. The rising population facing the scarcity of water, especially from regions, such as Middle East and Africa and Asia Pacific, which are encouraging adoption of water and wastewater treatment market. This is a key factor driving growth of the global water and wastewater treatment market.

Swift industrialization and urbanization coupled with technological advancement for improvement in the sewage treatment facilities are fueling growth of the global water and wastewater treatment market. In addition, the demand for affordable fresh packaged drinking water, which is propelling growth of the global water and wastewater treatment market.

Key Highlights from Report

  • In June 2020, Siemens announced collaboration with Acciona. Through this collaboration, the companies are working to create a Digital Twin to improve water treatment plants. The adoption of newer technologies is paving way for achieving improvement in the productivity.
  • Based on application, the municipal sub-segment acquired a leading position by holding the largest market share of 57.4% in 2019. This growth is attributable to the growing adoption of water and wastewater treatment facilities, especially by municipal corporations. Additionally, the scarcity of freshwater, specifically in developing economies, has resulted in the increased usage of water treatment.
  • Based on product and service, the chemical sub-segment is predicted to exhibit the highest CAGR of 7.6% over the forecast period. This growth is attributable to the adoption of chemicals such as coagulants & flocculants by the municipal corporation for removing dirt and other suspended solid particles in the water.
  • Regionally, the Asia Pacific region is projected to exhibit growth at fastest growth rate over the forecast period. This growth is attributable to factors, such as swift urbanization and industrialization, coupled with robust growth in investments by public and private organizations in the region.
  • Key participants in the water and wastewater treatment market include Veolia, Acciona, Ecolab Inc., Kurita Water Industries, SUEZ S.A., Xylem Inc., Orenco systems, DuPont, Aquatech International LLC, and Hydro International.

To get leading market solutions, visit the link below: 

https://www.emergenresearch.com/industry-report/water-and-wastewater-treatment-market

Emergen Research has segmented the Global Water and Wastewater Treatment Market on the basis of product & service, application, and region:

  • Product & Service Outlook (Revenue, USD Billion; 2017-2027)
    • Equipment (Filtration, Disinfection, Biological, Demineralization, Sludge Treatment)
    • Chemicals (Coagulants & Flocculants, Biocide & Disinfectant, Anti-foaming Agents, Scale & Corrosion Inhibitors, pH & Adjuster & Softener)
    • Services
  • Application Outlook (Revenue, USD Billion; 2017-2027)
    • Industrial
    • Municipal
  • Regional Outlook (Revenue, USD Billion; 2017-2027)
    • North America
      1. U.S.
      2. Canada
    • Europe
      1. Germany
      2. U.K.
      3. France
      4. BENELUX
      5. Rest of Europe
    • Asia Pacific
      1. China
      2. Japan
      3. South Korea
      4. Rest of APAC
    • Latin America
      1. Brazil
      2. Rest of LATAM
    • Middle East & Africa
      1. Saudi Arabia
      2. U.A.E.
      3. Rest of MEA

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