Water and Wastewater Treatment Market Overview, Size, Share, Growth, Business Scenario, Insights, Industry Analysis, Trends and Forecasts Report 2027
The latest market intelligence study on the Water and Wastewater
Treatment market brings in the best of both qualitative and quantitative
assessment techniques to explore the market size, share, and status of the Water
and Wastewater Treatment market for the forecast period, 2020 - 2027. The
extensive examination of the global business environment provides a detailed
analysis of the key driving forces and challenges with the aim to give the
stakeholders, business owners, and filed marketing executives a competitive
advantage over others. The study further probes into prominent challenges,
technology advancements, current trends and lucrative avenues often considered
as the boosting elements for the Water and Wastewater Treatment market for the
forecast period, 2020 - 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.
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
- U.S.
- Canada
- Europe
- Germany
- U.K.
- France
- BENELUX
- Rest of Europe
- Asia Pacific
- China
- Japan
- South Korea
- Rest of APAC
- Latin America
- Brazil
- Rest of LATAM
- Middle East & Africa
- Saudi Arabia
- U.A.E.
- Rest of MEA
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