Market Size of Water And Wastewater Treatment Technologies Industry
| Study Period | 2019 - 2029 |
| Market Size (2024) | USD 61.46 Billion |
| Market Size (2029) | USD 85.28 Billion |
| CAGR (2024 - 2029) | > 6.00 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | Asia Pacific |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Water and Wastewater Treatment Technologies Market Analysis
The Water And Wastewater Treatment Technologies Market size is estimated at USD 61.46 billion in 2024, and is expected to reach USD 85.28 billion by 2029, growing at a CAGR of greater than 6% during the forecast period (2024-2029).
The COVID-19 pandemic negatively impacted the market. It was because of the shutdown of the manufacturing facilities and plants due to the lockdown and restrictions. Supply chain and transportation disruptions further created hindrances for the market. However, the industry witnessed a recovery in 2021, thus rebounding the demand for the market studied.
- Over the short term, rapidly diminishing freshwater resources worldwide, increasing demand from shale gas exploration activities, and growing wastewater complexities in developing economies are some factors driving the market's growth studied.
- On the flip side, the high cost of water treatment plants is expected to hinder the studied market's growth.
- However, innovations in water treatment technologies are anticipated to act as an opportunity for the market studied.
- Asia-Pacific is likely to witness the highest growth rate during the forecast period.
Water and Wastewater Treatment Technologies Industry Segmentation
Water and wastewater treatment technologies are processes to remove contaminants from wastewater or sewage from various industries, commercial buildings, and others and convert them into effluents that can be released into the environment with reduced harmful impact. The market is segmented based on type, end-user industry, and geography. The market is segmented by type into oil/water separation, suspended solids removal, dissolved solids removal, biological treatment/nutrient and metals recovery, disinfection/oxidation, and other types. By end-user industry, the market is segmented into municipal water and wastewater treatment, food and beverage, pulp and paper, oil and gas, healthcare, chemical and petrochemical, and other end-user industries. The report offers market size and forecasts for 15 countries across major regions. For each segment, market sizing and forecasts are based on revenue (USD) for all the above segments.
| Type | |
| Oil/Water Separation | |
| Suspended Solids Removal | |
| Dissolved Solids Removal | |
| Biological Treatment/Nutrient and Metals Recovery | |
| Disinfection/Oxidation | |
| Other Types |
| End-user Industry | |
| Municipal Water and Wastewater Treatment | |
| Food and Beverage | |
| Pulp and Paper | |
| Oil and Gas | |
| Healthcare | |
| Poultry and Aquaculture | |
| Chemical and Petrochemical | |
| Other End-user Industries |
| Geography | ||||||||
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Water And Wastewater Treatment Technologies Market Size Summary
The water and wastewater treatment technologies market is poised for significant growth, driven by the increasing demand for efficient water management solutions globally. The market is recovering from the setbacks caused by the COVID-19 pandemic, which had disrupted manufacturing and supply chains. Key factors propelling the market include the urgent need to address diminishing freshwater resources, the rising complexities of wastewater in developing regions, and the growing demand from industries such as shale gas exploration. Despite challenges like the high costs associated with water treatment plants, advancements in treatment technologies present lucrative opportunities for market expansion. The Asia-Pacific region is expected to experience the highest growth rate, fueled by substantial investments and government initiatives aimed at enhancing water and wastewater management systems.
Municipal wastewater treatment is a critical application area, with significant developments observed in countries like China and India. In China, the government has set ambitious targets for wastewater reuse and treatment capacity expansion, addressing pollution and resource management challenges. Similarly, India is witnessing a surge in municipal water treatment initiatives, supported by government efforts to provide safe drinking water to its rural population. The market is characterized by a fragmented landscape with major players such as Veolia, SUEZ, and Evoqua Water Technologies actively expanding their portfolios through strategic acquisitions and partnerships. These developments underscore the dynamic nature of the market, with ongoing investments and innovations shaping its trajectory over the forecast period.
Water And Wastewater Treatment Technologies Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Drivers
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1.1.1 Rapidly Diminishing Freshwater Resources
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1.1.2 Increasing Demand from Shale Gas Exploration Activities
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1.1.3 Growing Wastewater Complexities in Developing Economies
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1.2 Restraints
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1.2.1 High Cost of Water Treatment Technology
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1.2.2 Lack of Awareness on Appropriate Usage of Water Treatment Techniques
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1.3 Industry Value Chain Analysis
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1.4 Porter's Five Forces Analysis
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1.4.1 Bargaining Power of Suppliers
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1.4.2 Bargaining Power of Buyers
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1.4.3 Threat of New Entrants
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1.4.4 Threat of Substitute Products and Services
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1.4.5 Degree of Competition
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2. MARKET SEGMENTATION (Market Size in Value)
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2.1 Type
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2.1.1 Oil/Water Separation
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2.1.2 Suspended Solids Removal
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2.1.3 Dissolved Solids Removal
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2.1.4 Biological Treatment/Nutrient and Metals Recovery
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2.1.5 Disinfection/Oxidation
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2.1.6 Other Types
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2.2 End-user Industry
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2.2.1 Municipal Water and Wastewater Treatment
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2.2.2 Food and Beverage
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2.2.3 Pulp and Paper
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2.2.4 Oil and Gas
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2.2.5 Healthcare
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2.2.6 Poultry and Aquaculture
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2.2.7 Chemical and Petrochemical
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2.2.8 Other End-user Industries
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2.3 Geography
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2.3.1 Asia-Pacific
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2.3.1.1 China
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2.3.1.2 India
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2.3.1.3 Japan
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2.3.1.4 South Korea
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2.3.1.5 ASEAN Countries
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2.3.1.6 Rest of Asia-Pacific
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2.3.2 North America
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2.3.2.1 United States
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2.3.2.2 Canada
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2.3.2.3 Mexico
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2.3.3 Europe
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2.3.3.1 Germany
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2.3.3.2 France
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2.3.3.3 United Kingdom
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2.3.3.4 Italy
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2.3.3.5 Rest of Europe
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2.3.4 South America
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2.3.4.1 Brazil
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2.3.4.2 Argentina
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2.3.4.3 Rest of South America
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2.3.5 Middle-East and Africa
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2.3.5.1 Saudi Arabia
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2.3.5.2 South Africa
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2.3.5.3 Rest of Middle-East and Africa
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Water And Wastewater Treatment Technologies Market Size FAQs
How big is the Water And Wastewater Treatment Technologies Market?
The Water And Wastewater Treatment Technologies Market size is expected to reach USD 61.46 billion in 2024 and grow at a CAGR of greater than 6% to reach USD 85.28 billion by 2029.
What is the current Water And Wastewater Treatment Technologies Market size?
In 2024, the Water And Wastewater Treatment Technologies Market size is expected to reach USD 61.46 billion.
