Insights on Tertiary Water and Wastewater Treatment Technologies Market, Projected to Reach $67.3 Billion by 2031
Meticulous Research®, a prominent global market research firm, has released a comprehensive report titled “Tertiary Water and Wastewater Treatment Technologies Market by Type (Membrane Filtration, UV Radiation, Chlorination, Ozonization, Activated Carbon, and Ion Exchange), Application (Municipal and Industrial), and Geography—Global Forecast to 2031.”
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The global market for tertiary water and wastewater treatment technologies is anticipated to surge to $67.3 billion by 2031, exhibiting a remarkable CAGR of 18.4% from 2024 to 2031. This growth trajectory is primarily fueled by rapid population expansion and urbanization, increasing scarcity of freshwater resources, and a rising incidence of waterborne diseases. Nonetheless, high installation, maintenance, and operational costs present significant challenges to market advancement. Conversely, the escalating demand for energy-efficient and cutting-edge water treatment solutions is poised to create substantial opportunities in the market. The necessity for upgrading and repairing aging water infrastructure, however, remains a critical hurdle.
The report offers a detailed segmentation of the global tertiary water and wastewater treatment technologies market based on type, application, and geography, while also providing an analysis of competitive landscapes at both regional and country levels.
Key Players
Prominent players highlighted in the report include:
- Suez Environment S.A. (France)
- Veolia Environment SA (France)
- Xylem, Inc. (U.S.)
- DuPont de Nemours, Inc. (U.S.)
- Evoqua Water Technologies Corporation (U.S.)
- 3M Company, Inc. (U.S.)
- Pentair plc (U.K.)
- Calgon Carbon Corporation (U.S.)
- Kurita Water Industries, Ltd. (Japan)
- Bio-Microbics, Inc. (U.S.)
- ASIO, spol. s r.o. (Czech Republic)
- Scinor Water America, LLC (U.S.)
- Elgressy Engineering Services Ltd. (Israel)
- Outotec Oyj (Finland)
- Blue Eden CleanTech Solutions, Inc. (Canada)
- Membracon Ltd. (U.K.)
- Lamor Corporation Ab (Finland)
- Ozone Tech Systems (Sweden)
Market Segmentation and Insights
By Type
The market is categorized into several technologies, including membrane filtration, reverse osmosis, ultraviolet (UV) radiation, chlorination, ozonization, activated carbon, ion exchange, and electrochemical water treatment technologies. The membrane filtration segment is projected to dominate the market in 2024, primarily driven by rising consumer health consciousness, a shift towards reducing chemical use in water treatment, and the operational efficiency of membrane filtration technologies.
Membrane filtration plays a crucial role in separating and purifying components from mixtures, increasingly facilitating the production of potable water from various sources, including groundwater, surface water, and seawater, along with advanced wastewater treatment and desalination. Over the past decade, membrane filtration has emerged as one of the most utilized technologies for water treatment.
By Application
The market is further divided into municipal and industrial applications. In 2024, the municipal segment is expected to capture the largest market share, supported by government initiatives focusing on water quality and public health, a surge in water treatment projects—particularly in Asia—and the aging infrastructure in developed nations.
By Geography
Geographically, the market is segmented into North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. The Asia-Pacific region is forecasted to hold the largest market share in 2024, driven by rapid population growth, urbanization, escalating demand for advanced residential water treatment solutions, innovations in membrane technology, increased environmental challenges, limited water resource availability, and significant public sector investments in water infrastructure.
Conclusion
The findings presented in this report underscore the pivotal role that tertiary water and wastewater treatment technologies will play in addressing global water scarcity and public health concerns. Stakeholders are encouraged to leverage these insights to drive strategic decision-making in this vital sector.
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