Water and Wastewater Treatment Market Overview

“The Global Water and Wastewater Treatment Market is expected to grow rapidly at a 5.26% CAGR consequently, it will grow from its existing size of from $320 Billion in 2023 to $540.25 Billion by 2030.”

Industrial wastewater treatment is the process of converting waste from various industries into soft water usable for industrial use. The use by industry of low quality of water can be harmful to processing, therefore a wide range of devices for wastewater treatment is employed to eliminate microbial contamination as well as the suspended matter. Different chemicals used in eliminating contaminants include muriatic acid, iron sodium bicarbonate and chlorine, clarifiers, filter cleaners and coagulants, flocculants and many more.

The treatment of wastewater is done in order to reduce that TSS (Total Suspended Solids) portion. The process of eliminating microorganisms can be accomplished by distinguishing the physical, biological, and chemical properties of water. Treatment of wastewater is determined by the characteristics that water has and the constituents, such like boiling point density volume melting point, speed. Industrial wastewater treatment is found to have numerous applications in energy generation, oil and gas, and chemical.

Increasing usage of water in the manufacturing sector is boosting the demand for industrial wastewater treatment equipment. The accelerating growth of oil and gas reserves, pharmaceuticals, food, and chemical sectors are driving the market. Moreover, the market is observing the development of superior and effective industrial wastewater treatment technology. It involves various technologies such as treat-to-discharge, membrane-based fuel cell, and MBR, recycling, reuse, etc.

Stringent government regulations worldwide regarding industrial wastewater are also one of the key driving factors for the growth of the Industrial Wastewater Treatment Market during the forecast period. Growing environmental concerns related to the health of people who live close to industrial areas are driving the growth of the Industrial Wastewater Treatment Market. There are certain barriers and obstacles faced that will limit the overall market growth.

Factor such as the regular cost of maintenance inhibits the growth of the market. further, the growing demand for more environmentally friendly procedures, and shifting demand toward alternative water treatment technologies are the potential restraints hampering the overall growth of the Global Industrial Wastewater Treatment Market. Nevertheless, the advancements in technologies, construction of industrial water treatment plants, innovative designs of the product offer favorable growth opportunities.

Demand Outlook

The development of the wastewater and water treatment market is fueled by several factors like the accelerating growth of population and urbanization, strict rules for water treatment, the growing demand for water resources as well as the growing importance placed on the quality of water as well as public health, and the rising prevalence of water-borne illnesses.

In addition, the rising demand for more efficient and energy-efficient water treatment techniques is expected to create substantial growth opportunities for wastewater and water treatment companies in the near future. However, the high costs for installation maintenance, operational, and installation costs are likely to hinder the expansion of the market a significant degree.

Furthermore, the ageing and degrading of the existing infrastructure for water supply are major issues that will hinder the growth of the wastewater and water treatment market.

Key Takeaway:

• In 2022, through machines, membrane separation segment was the most popular, accounting for 18.85 percent of the world's sales.
• With the aid of machines the segment for sludge treatment is expected to see the second-highest CAGR between 2023 until 2030.
• In the process the tertiary segment is the tertiary segment will contribute about 41.0 percent of the global revenues in 2022 and are expected to increase at the fastest rate of 5.1 percent between 2023 and 2030.
• In the process, secondary segments are predicted to grow at a second-fastest CAGR of 4.9 percent from 2023 until 2030.
• In 2022, by applications the municipal segments were dominant in the market, accounting for 64.0 percent of revenue.
• In terms of application, the sector is predicted to see the fastest CAGR of 5.2 percent between 2023 and 2030.
• By 2022 The Asia Pacific led the market worldwide with 31.5 percent share of sales and is expected to grow at a CAGR of 5.3 percent from 2023 to 2030.

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Market Dynamics 

Growth Factors

One of the main factors driving growth in the market for chemical solutions for wastewater is the rising anxiety about the diminishing in freshwater supplies. To help stop and solve such problems and increase the reuse of wastewater governments of a variety of nations across the globe are putting stringent laws and regulations in places. Many governments are also looking to improve municipal water infrastructure, both in urban and rural areas.

The need for water and water treatment chemical is predicted to grow over the forecast time frame because of these developments in domestic and industrial water treatment. Rapid industrialization also contributes to a rise in groundwater pollution particularly in developing countries. As a result governments across the world are beginning programs to utilize wastewater efficiently and will boost the demand for chemical substances that are used in the treatment of wastewater.

In the world the COVID-19 disease has had a devastating impact on many organizations and nations. Lockdowns have been implemented across the globe that has hindered production of electronic components, and has slowed the demand for the chemicals employed in water and wastewater treatment.

The supply of raw materials required to make electronic components is also delayed. Regulations regarding the export and import of raw materials and chemicals can have an impact on the supply chain because of the COVID-19 virus. The lack of raw materials, as a result can have an impact on the manufacturing of chemicals used in water treatment. It can also affect the expansion of markets.

Furthermore, it was predicted that up to in the 2nd quarter 2022 the halt in production caused due to illness of employees and closings of factories would impede the expansion of the market of water-treatment chemicals.

Furthermore, it was predicted that, due to the slowdown in production oil and gas production as well as other operations markets for chemicals used to treat water will slow down in 2020. With an estimated percent of 33.05 percent in terms in terms of revenues, Asia Pacific excluding Japan outpaced the other regions in 2022 when it comes to chemicals for wastewater and water treatment being followed by North America and Europe, and Europe.

• Treatment and water systems for wastewater providers could see significant potential for growth due to the rising demand for energy efficient and efficient water treatment systems.
• The increasing need for a viable strategy for efficient disposal of industrial wastewater is the main reason behind the increasing demand for treatment of wastewater.
• The increasing urban population particularly continues to be the primary driving force behind industrial growth.
• Rapid growth in industrialization, population and urbanization all have led to the necessity of wastewater treatment.

Growth Drivers

“Paper and pulp industry”

To get rid of particles and other matter, and to reduce the toxicity of effluents In order to reduce the toxicity of effluents, the paper and pulp industry makes use of techniques for wastewater and water treatment like reverse osmosis Ion exchange, ultraviolet disinfection membrane filters, biotreatment and more. For instance the Canadian government says that the paper and pulp industry is growing. In 2021

The Minister of Natural Resources announced an investment in the amount of US$3.8 million with Sustainable Development Technology Canada (SDTC) in Red Leaf Pulp, a company based in Kelowna. Furthermore, Invest India estimates that the paper and paperboard industries in India will grow in a pace of 6 to 7 percent per year. India utilizes 15 kilograms of paper for each person every year. The growing paper and pulp sector will require more technology for wastewater and water treatment to manage waste streams, which will drive industrial growth throughout the anticipated time.

Challenges

A lot of end users, specifically small-scale companies, are dissuaded from using water treatment chemicals because of the fluctuating cost for raw material. Due to the stringent government regulations also applicable to small-scale sector players are companies embracing wastewater chemicals. The development of the market for chemical products that are used in wastewater and water treatment is expected to be impacted due to this issue. Through the forecast period it is expected that negative reactions to the chemicals used for wastewater treatment like mouth sores, allergies, skin rashes and eczema could impede market growth. Furthermore there are a few pathogens and pollutants are removed from water, as certain contaminants remain in the water that are difficult to get rid of. This will hinder the growth of the chemicals used for the treatment of wastewater.

Opportunities

“Globalization and population growth”

Over two-thirds of the world's population are expected to live in cities in 2050. Rapid urbanization is a catalyst for economic growth, but increases the need for freshwater sources. A greater amount of urban garbage is likely to be a source of pollution for water due to a variety of pollutants, including plastics, chemicals derived from products for personal care, as well as the pathogens and nutrients that come in human excrement. The demand for technology to treat wastewater and water is predicted to increase because of the coming years.

Water and Wastewater Treatment Market Segment Analysis

Equipment Insights

This market is predicted to expand at the fastest CAGR between 2023 to 2030. Membrane separation is an aphysical treatment process that removes specific components from the solution pushing high-pressure feed water into a semi-permeable membrane.

It is better than other methods in several ways, such as a smaller operating space and superior filtering efficiency. Following the initial treatment, any remaining contaminants are usually removed by another method called biological treatment. The strict laws have been created to utilize environmentally sustainable methods to minimize the pollution of water in the industry or municipal areas. The demand for equipment to treat wastewater is predicted to grow in advanced markets like those in the U.S., Canada, Germany and Japan.

In the time frame of projection the sludge treatment sector is predicted to have the second highest CAGR. Drying, thickening, screening and dewatering are just a few of the methods. To ensure that they do not interfere with subsequent treatments for sludge, solids such as fibers, plastics, and hair are sucked out with the help of the sludge screening equipment.

Process Insights

Before reuse, or release into the environment the effluent's quality is improved through tertiary treatments. To make the water safe to reuse, this process removes inorganic chemicals, bacteria, viruses and parasites which remain after the subsequent treatment processes. To remove large amounts of sediment and floating objects from the effluent, the initial treatment is used.

Water and contaminants are separated from wastewater through the passage through various vessels and filters. In the coming years it is expected that the low cost of operation and a strong market presence will be vital in expanding the primary treatment's use.

From 2023 until 2032 the secondary treatment segment is expected to expand at the second fastest CAGR. Utilizing trickling filters bio-towers, bio-towers, biological contactors that rotate, as well as activated sludge systems. Secondary treatment is utilized to eliminate organic soluble pollutants and other compounds including nitrogen and phosphorus. Anaerobic or aerobic biological processes are able to be utilized as a follow-up therapy. The membrane bioreactor an innovative treatment technique that combines membrane filtration with conventional biological treatment techniques like activated sludge to eliminate organic and suspended particles more efficiently and effectively. By using ultrafiltration or microfiltration membranes, solid liquid filtration can be achieved.

Application Insights

The demand for municipal products is predicted to increase, especially in emerging economies such as China, India, and Brazil. This is due to the rise in urban populations and favorable policies of the government to encourage infrastructure development.

In addition to removing pathogens, nutrients and Effluent Organic Matter (EfOM) from the water, municipal wastewater treatment facilities are primarily used to protect water resources and the natural ecosystems of aquatic life. In the foreseeable future the expansion of the sector is anticipated to be assisted by the increasing attention paid by governments to developing wastewater and water treatment infrastructure throughout the world and a growing awareness of the importance of wastewater treatment.

Competitive Landscape of the Water and Wastewater Treatment Market

• Kurita Water Industries Ltd. (Japan)
• Bio-Microbics, Inc. (U.S.)
• Calgon Carbon Corporation (U.S.)
• Trojan Technologies Inc. (Canada)
• Kemira Oyj (Finland)
• Thermax Limited (India)
• Wog Technologies (India)
• Golder Associates, Inc. (Canada)
• SWA Water Technologies PTY LTD. (Australia)
• Burns & McDonnell (U.S.)
• Adroit Associates Private Limited (India)
• Sauber Environmental Solutions Pvt. Ltd. (India)
• SPEC Limited (India), Ecolab, Inc. (U.S.)
• GFL Environmental Inc. (U.S.)
• Clean TeQ Water Limited (Australia)
• Suez Environnement S.A. (France)
• Veolia Environnement SA. (France)
• Xylem, Inc. (U.S.)
• DuPont de Nemours, Inc. (U.S.)
• 3M Company, Inc. (U.S.)
• Pentair plc (U.K.)
• United Utilities Group PLC (U.K.)
• Kingspan Group Plc (U.K.)
• The Dow Chemical Company (U.S.)
• BASF SE (Germany)

Recent Developments in Water and Wastewater Treatment Market

Aug 21, 2023: Welspun Enterprises Limited (WEL), the infrastructure development arm of Welspun World, has acquired a 50.10% stake in Michigan Engineers Private Limited (MEPL), an EPC company in the urban water infrastructure segment, for Rs 137.07 crore. With the completion of the transaction, MEPL is now a subsidiary of WEL.

February 2023: Solenis completed the acquisition of the stock of the Grand Invest Group. Solenis will acquire all Grand Invest Group operating assets, including key strategic production and warehousing facilities. It will expand its Latin American water treatment portfolio.

November 2022: WABAG LIMITED signed an agreement with the Asian Development Bank (‘ADB’) for raising a fund of INR 200 crores (~ USD 24.6 million) through unlisted Non-Convertible Debentures carrying five years and three months tenors. ADB will subscribe to it over 12 months for its water treatment business.

August 2022: Veolia Environment SA's former United Kingdom-based waste-treatment company will be acquired by French utility Suez SA for about EUR 2.3 billion (USD 2.42 billion). Suez is now ready to take back the UK assets, which were also put up for sale after the country's competition authority objected.

May 2022: Veolia announced the acquisition of Perth-based company Allpipe Technologies. The deal saw Veolia Water expand its network services activities to different areas of Western Australia, strengthening its position in water solutions.

In November 2021, the chemicals and process technology business Kemira increased its capacity for manufacturing in the United Kingdom. The business said that at its U.K. facilities, it will increase annual production of ferric-based water treatment chemicals by more than 100,000 tonnes.

In July 2020, Mexico-based Poliqumicos, S.A. de C.V. (Poliqumicos), a manufacturer of specialty chemicals for pulp, paper, oil and gas, chemical processing, etc., was bought by Solenis. Manufacturer and distributor of specialist chemical solutions for water-intensive industries, Poliqumicos. Solenis' sales in the Mexican market have increased as a result of the acquisition of Poliqumicos, as have its production capacities there.

Ludwigshafen, Germany – September 29, 2016 – At the Water, Energy Technology And Environment Exhibition (WETEX) 2016, one of the leading water industry events, BASF presents its expertise in water treatment chemicals on October 4-6, 2016 at the Dubai International Exhibition Center in hall 8, booth # CV-12.

Regional Insights

With an estimated 31.5 percent sales share through 2022 Asia Pacific led the global market. For the time period of projection the CAGR is 5.3 percent is expected to be recorded for this region. The primary factors behind the growth in market will be the rapid growth of the manufacturing sector as well as the increasing investment in the field of wastewater management. In addition, the growing residential market in the region is expected to boost the use of municipalities that have wastewater treatment services.

Segments Covered in the Water and Wastewater Treatment Market

Water and Wastewater Treatment Market By Equipment

• Membrane Separation
• Biological
• Disinfection
• Sludge Treatment
• Others

Water and Wastewater Treatment Market By Process

• Primary
• Secondary
• Tertiary

Water and Wastewater Treatment Market By Application

• Municipal
• Industrial

Water and Wastewater Treatment Market By Region

• North America
• Europe
• Asia-Pacific
• Latin America
• Middle East & Africa (MEA)

Frequently Asked Questions:

What is the water and wastewater treatment market size?

Global Water and Wastewater Treatment Market is expected to grow rapidly at a 5.26% CAGR consequently, it will grow from its existing size of from $320 Billion in 2023 to $540.25 Billion by 2030.

Who are the prominent players operating in the water and wastewater treatment market?

The major players operating in the water and wastewater treatment market are Suez Environnement S.A., Veolia Environnement SA., Xylem, Inc., DuPont de Nemours, Inc., 3M Company, Inc., Pentair plc, United Utilities Group PLC, Kingspan Group Plc, The Dow Chemical Company, BASF SE, Kurita Water Industries Ltd., Bio-Microbics, Inc., Calgon Carbon Corporation, Trojan Technologies Inc., Kemira Oyj, Thermax Limited, Wog Technologies, Golder Associates, Inc., SWA Water Technologies PTY LTD., and Other.

Which are the driving factors of the water and wastewater treatment market?

The driving factors of the water and wastewater treatment market are the industrial waste deposition is a result of increased urbanization and industrialization is increasing the demand and the rise in the incidence of waterborne infections, which are now the primary cause of new born and child mortality.

Which region will lead the global water and wastewater treatment market?

Asia Pacific region will lead the global water and wastewater treatment market during the forecast period 2023 to 2030.