As the chemical industry moves into 2025, strong demand for both commodity and specialty chemicals should keep prices robust throughout the year. However, the industry could face margin pressures amid raw material cost inflation, which will likely remain high through the first half of 2025.
The global water and wastewater treatment market size was valued at USD 323.32 billion in 2023 and is projected to grow from USD 346.41 billion in 2024 to USD 617.81 billion by 2032, exhibiting a CAGR of 7.5% during the forecast period. This information is presented by Fortune Business Insights, in its report, titled, “Water and Wastewater Treatment Market, 2025-2032.”
Get a Free Sample PDF Brochure: https://www.fortunebusinessinsights.com/enquiry/sample/water-and-wastewater-treatment-market-102632
List of Key Players Mentioned in the Water and Wastewater Treatment Market Report:
- Veolia (France)
- SUEZ Worldwide (France)
- DuPont (U.S.)
- 3M (U.S.)
- Xylem (U.S.)
- Kemira (Finland)
- Evoqua Water Technologies LLC (U.S.)
- Pentair PLC (U.K.)
- Ecolab (U.S.)
- American Water (U.S.)
- Acciona (Spain)
- Hydro International (U.K.)
Report Coverage:
The report offers treasured perceptions attained by detailed review done by our analysts. An all-encompassing research was directed to offer the assessed size and share of the water and wastewater treatment market. The data gained and applied to estimate the shares for manifold sections at all levels such as global, national, and regional is acquired from detailed interviews with various stakeholders. Moreover, we have obtained admission to numerous global and regional paid records to provide detailed information to make business investment conclusions simple for our clients and shareholders.
Water and Wastewater Treatment Market Segmentation Analysis:
Rising Focus on Establishment of New Treatment Plants to Boost Demand for Water Treatment Services
Based on segment, the market is classified into chemicals, equipment, and services. The services segment is anticipated to record a strong growth rate during the forecast period as more companies are focusing on building new water and wastewater treatment plants while renovating the existing facilities.
Municipal Establishments to Increase Dependence on Wastewater Treatment Facilities to Supply Clean Agriculture Water
Based on application, the market is bifurcated into municipal and industrial. The municipal segment is expected to hold a dominant water and wastewater market share as more than 30% of the global water supply goes to the agriculture sector. This will automatically increase the demand for clean water to help farmers keep their fields healthy.
With respect to region, the market covers North America, Europe, Asia Pacific, South America, and the Middle East & Africa.
Drivers and Restraints:
Strict Guidelines on Waste Treatment to Encourage Water and Wastewater Treatment Market Growth
With technological progressions in production techniques, the quantity of wastewater produced has increased abruptly in the recent years. Sewage from corporations and factories processing chemicals, rare metals, pesticides and other dangerous chemicals and materials are harmful to the environment and are likely to trigger tragic impacts if not sufficiently treated prior to releasing in freshwater resources.
However, with severe protocols being inflicted on wastewater treatment for businesses, they are prevented from having progressive treatment technologies set up at the locations owing to huge capitalizations to build such factories.
Competitive Landscape:
Purchases Originated by Significant Companies to Sponsor Market Growth
The dominating players in the market repetitively are looking to apply competent approaches to strengthen their brand value as well as endorse the global market growth of the product by facing least imaginable complications. One such competent scheme is securing competitive companies and further safeguarding a lucrative opportunity for both the engaged corporations.
Industry Development:
January 2022 – Xylem and Isle Utilities partnered to scale the breakthrough ‘Trial Reservoir’ water technology. It will create a pool of funding to new companies to undertake trials. Also, by removing the financial uncertainty, new companies will be able to come together and to better solve the water problems.
Request for Customization:
https://www.fortunebusinessinsights.com/enquiry/customization/water-and-wastewater-treatment-market-102632About Us:
Fortune Business Insights™ delivers accurate data and innovative corporate analysis, helping organizations of all sizes make appropriate decisions. We tailor novel solutions for our clients, assisting them to address various challenges distinct to their businesses. Our aim is to empower them with holistic market intelligence, providing a granular overview of the market they are operating in.
Contact Us:
Fortune Business Insights Pvt. Ltd.
9th Floor, Icon Tower,
Baner - Mahalunge Road, Baner,
Pune-411045, Maharashtra, India.
Phone:
US: +1 424 253 0390
UK: +44 2071 939123
APAC: +91 744 740 1245
Email: sales@fortunebusinessinsights.com
Connect us via Social Media Channels:
Comments
0 comment