Industrial Wastewater Treatment Market to be Worth $77.6 Billion by 2027, Growing at a CAGR of 7.2% From 2020- Exclusive Report by Meticulous Research®
REDDING, Calif., May 14, 2021 /PRNewswire/ -- According to a new market research report, "Industrial Wastewater Treatment Market by Treatment Technology (Membrane Separation, Activated Sludge, Clarification, Membrane Bioreactor, Sludge Digestion), and Application (Manufacturing, Power, Energy, Mining) - Global Forecast to 2027", published by Meticulous Research®, the market is expected to reach a value of $77.6 billion by 2027, at a CAGR of 7.2% during the forecast period of 2020-2027.
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The growth of this market is mainly attributed to rapid population growth & urbanization, rising industrialization, growing emphasis on water quality & public health, and increasing prevalence of waterborne diseases. Additionally, the growing demand for energy-efficient and advanced water treatment technologies is expected to provide significant growth opportunities for industrial wastewater treatment system providers in the coming years.
However, the high installation, maintenance, and operational costs are expected to hinder the growth of this market to a certain extent. The aging of existing water infrastructure is also one of the major challenges for the growth of the industrial wastewater treatment market.
Growing focus on industrial wastewater treatment in countries like the U.S., China, and India to provide opportunities for market players
Wastewater discharges from industrial sources may contain pollutants at levels that could affect the quality of receiving waters or interfere with Publicly Owned Treatment Works (POTWs) that receive those discharges. Water pollution in the U.S. is a growing problem with the development of mechanized agriculture and mining. However, laws and regulations are put in place to improve water quality in many water bodies. For instance, the U.S. Environmental Protection Agency (EPA) issues industrial water pollution control regulations, also called effluent guidelines and standards, for industrial water discharges to surface waters and publicly owned treatment works. These guidelines, issued under the Clean Water Act, prevent more than 700 million pounds of pollutants from discharging into U.S. waters each year.
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In recent years, China has increased its efforts toward combating high levels of environmental pollution due to the country's accelerated economic growth. However, China's most recent environmental report remains bleak, suggesting that 61.5% of groundwater and 28.8% of key rivers were classified as "not suitable for human contact." Industrial and agricultural industries largely cause the contamination. Ultimately China's water pollution problems pose serious threats to human health and economic growth. While there are no quick solutions to the country's water pollution crises, wastewater to biogas could address China's main source of water pollution and open a potentially successful source of renewable energy.
Around the world, the demand for water suitable for drinking, industrialization, and agriculture is accelerating. The Indian and Chinese economies' renewed efforts to mitigate water stress and pollution is propelling environmental expenditure in the region. Government initiatives, favorable policies, subsidies, and expanded investments in textile and pharmaceutical industries are the key drivers for the industrial water market.
Thus, the growing focus on industrial wastewater treatment will provide significant opportunities for players operating in this market during the forecast period.
Based on technology, the industrial wastewater treatment market is segmented into membrane separation, activated sludge, clarification, sludge thickening & dewatering, wastewater pre-treatment, chlorination, industrial demineralization, sludge drying, membrane bio-reactor, sludge digestion, sludge incineration, ozonization, activated carbon, electrochemical water treatment technology (electrocoagulation & electro-oxidation and electrochemical scale treatment system), and other treatment technologies. The membrane separation segment accounted for the largest share of the overall industrial wastewater treatment market in 2020. The large share of this segment is mainly attributed to the rising demand for low-energy-consuming water treatment processes and the growing emphasis on reducing the usage of chemicals in water treatment. However, the Membrane Bio-reactor (MBR) technology segment is expected to grow at the highest CAGR, as it has emerged as an efficient, compact technology for industrial wastewater treatment.
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Based on application, the industrial wastewater treatment market is segmented into manufacturing, pharmaceuticals & chemicals, power, energy, pulp & paper, mining, petrochemical, semiconductors, and other applications. The manufacturing segment accounted for the largest share of the industrial wastewater treatment market in 2020. The large share of this segment is mainly attributed to the rapid urbanization, technological growth, and increasing manufacturing units that create strong demand for processed water. However, the energy segment is expected to grow at the highest CAGR during the forecast period. The rapid growth of this segment is mainly attributed to the rising demand for clean water and energy.
The global industrial wastewater treatment market is divided into five major regions: North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. These regions are further analyzed at their respective country level. In 2020, the Asia-Pacific region commanded the largest share of the global industrial wastewater treatment market. The large share of this region is mainly attributed to the increasing population, rising demand for advanced residential water treatment, development of membrane technology, environmental deterioration, declining availability of clean water, increasing public-sector investment in water infrastructure, and increasing R&D expenditure.
In 2020, China accounted for the largest share of the Asia-Pacific industrial wastewater treatment market. The growing industrialization, rising untreated sludge, large wastewater discharge, increasing industrial wastewater pollution, and growing focus and efforts towards combating the high levels of environmental pollution are some of the factors driving the growth of the Chinese industrial wastewater treatment market. The country is moving towards greater use of separation, membrane and disinfection technology and equipment, and the need for sludge treatment equipment and water reclamation technologies are also expected to increase. Different technologies have been applied in different wastewater treatment plants. Physical-chemical and biological processes are widely used to treat industrial wastewater across the country, including sedimentation, filtration, anaerobic and aerobic activated sludge, which also provide potential opportunities for foreign equipment suppliers.
The key players operating in the global industrial wastewater treatment market are Suez Environment S.A. (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.), United Utilities Group PLC (U.K.), Kingspan Water & Energy (U.K.), The Dow Chemical Company (U.S.), Kemira Oyj (Finland), BASF SE (Germany), Calgon Carbon Corporation (U.S.), Kurita Water Industries Ltd. (Japan), Bio-Microbics, Inc. (U.S.), Trojan Technologies Inc. (Canada), Aquatech International Corporation (U.S.), ASIO, spol. s r.o. (Czech Republic), Orenco Systems, Inc. (U.S.), Scinor Water America, LLC (U.S.), Elgressy Engineering Services Ltd. (Israel), Outotec Oyj (Finland), and Blue Eden CleanTech Solutions Inc. (Canada), among others.
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Scope of the Report
Industrial Wastewater Treatment Market, by Technology
- Membrane Separation
- Reverse Osmosis (RO) Membranes
- Ultrafiltration (UF) Membranes
- Micro-Filtration (MF) Membrane
- Nano-Filtration (NF) Membrane
- Other Membrane Separation Technology
- Activated Sludge
- Clarification
- Sludge Thickening and Dewatering
- Wastewater Pre-Treatment
- Chlorination
- Industrial Demineralization
- Sludge Drying
- Membrane Bio-reactor (MBR)
- Sludge Digestion
- Sludge Incineration
- Ozonization
- Activated Carbon
- Electrochemical Water Treatment (EEC/EEO)
- Electrochemical Scale Treatment System (E.S.T)
- Other Technologies
Industrial Wastewater Treatment Market, by Application
- Manufacturing
- Pharmaceuticals and Chemicals
- Power
- Energy
- Pulp and Paper
- Mining
- Petrochemical
- Semiconductors
- Other Industrial Applications
Industrial Wastewater Treatment Market, by Geography
- North America
- U.S.
- Canada
- Mexico
- Europe
- France
- Germany
- U.K.
- Italy
- Spain
- Poland
- Belgium
- Switzerland
- Denmark
- Sweden
- Rest of Europe (RoE)
- Asia-Pacific (APAC)
- China
- Japan
- India
- Indonesia
- Australia
- South Korea
- Malaysia
- Thailand
- Vietnam
- Philippines
- Singapore
- Taiwan
- New Zealand
- Rest of Asia-Pacific (RoAPAC)
- Rest of the World
- Latin America
- Brazil
- Chile
- Argentina
- Rest of Latin America (RoLATAM)
- Middle East & Africa
- Saudi Arabia
- UAE (United Arab Emirates)
- Kuwait
- Iran
- South Africa
- Rest of the Middle East (RoME)
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