Water & Wastewater Treatment Technologies Market - Forecast(2024 - 2030)

Water & Wastewater Treatment Technologies Market Overview

The Water & Wastewater Treatment Technologies Market size is estimated to reach a value of US$95.1 billion by the end of 2027 after growing at a CAGR of 6.9% during the forecast period 2022-2027. The water and wastewater treatment technologies are the technologies utilized to remove the contaminants and bacteria from the water, to deliver clean, potable water for consumption. The growing pulp & paper industry is anticipated to drive the demand for water and wastewater treatment technologies such as reverse osmosis, membrane filtration, biological treatment and others, for clarification to remove solids and particulate matter and decrease effluent toxicity. Moreover, the increasing requirement for water and wastewater treatment technologies in the oil & gas industry for the separation of oils, fats and hydrocarbons and to reduce the demand for water, by reusing wastewater is anticipated to upsurge the growth of the water and wastewater treatment technologies industry in the forecast period. The global economic downturn caused by the COVID-19 pandemic resulted in a huge drop in pulp & paper, chemical and other end-use industries all across the world, which had a significant impact on the growth of Water & Wastewater Treatment Technologies Market?size.

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Water & Wastewater Treatment Technologies Market Report Coverage

The “Water & Wastewater Treatment Technologies Market?Report – Forecast (2022 - 2027)” by IndustryARC, covers an in-depth analysis of the following segments in the Water & Wastewater Treatment Technologies Market.

By Type: Oil/Water Separation (Gravity separators, Hydro-cyclones, Gas flotation, Others), Suspended Solids Removal (Clarifier/ Settling tanks, Dissolved Air Flotation (DAF)/ Induced Air Flotation (IAF), Non-membrane Filtration, Others), Dissolved Solids Removal (Multi-stage Flash Evaporation (MSFE), Multi-effect Distillation (MED), Vapor Compression Distillation (VCD), Others), Biological Treatment/Nutrient and Metals Recovery (Anaerobic/Oxic treatment, Aerobic/anoxic treatment), Disinfection/Oxidation (Chlorine-based compounds, Ultraviolet Light, Ozonation, Others) and Others.

By Product Type: Filtration (Granular/Sand Filtration, Adsorption, Reverse Osmosis (RO), Membrane Filtration (MF)), Desalination, Testing and Others.

By End-use Industry: Municipal Water and Wastewater Treatment, Food and Beverage, Pulp and Paper, Oil and Gas, Medical and Healthcare, Chemical and Petrochemical and Others.

By Geography: North America (the USA, Canada and Mexico), Europe (UK, Germany, France, Italy, Netherlands, Spain, Belgium and Rest of Europe), Asia-Pacific (China, Japan, India, South Korea, Australia and New Zealand, Indonesia, Taiwan, Malaysia and Rest of APAC), South America (Brazil, Argentina, Colombia, Chile and Rest of South America), Rest of the World (Middle East and Africa).

Key Takeaways

• The Asia Pacific region dominates the Water & Wastewater Treatment Technologies Marketowing to the rising growth in the food & beverage industry. For instance, in February 2022, TH Group commenced the development of the Thai Binh food processing factory in the northern province of Thai Binh's Quynh Phy district in Vietnam. The overall cost of the project reached up to VND 620 billion (US$27 million) and aims at producing fresh, clean and completely natural food products.
• Rapidly rising demand for Water And Wastewater Treatment Technologies in the pulp & paper industry for clarification to remove solids and particulate matter and decrease effluent toxicity has driven the growth of the Water & Wastewater Treatment Technologies Market.
• The increasing demand for Water And Wastewater Treatment Technologies in the oil & gas industry, due to their usage to reduce the demand for water, by reusing wastewater, has been a critical factor driving the growth of the Water & Wastewater Treatment Technologies Market in the upcoming years.
• However, the high operational, installation and equipment costs of the water and wastewater treatment technologies can hinder the growth of the Water & Wastewater Treatment Technologies Market.

Figure: Water & Wastewater Treatment Technologies Market?Revenue Share, By Geography, 2021 (%)

Water & Wastewater Treatment Technologies Market Segment Analysis – by Product Type

The Desalination segment held the largest Water & Wastewater Treatment Technologies Market?share in 2021 and is expected to grow at a CAGR of 7.1% during the forecast period 2022-2027. Desalination is the method of the removal of salts, other minerals and contaminants from brackish water, wastewater effluent and seawater. It is a growing solution to achieve clean and fresh water for consumption and for domestic and industrial usage. Membrane desalination is the most effective way as compared to other water and wastewater treatment technologies product types such as filtration, testing and others. The growing demand for low energy-consumption water and wastewater treatment methods and the rising emphasis on reducing the use of chemicals in wastewater treatment is driving its demand. Thus, the exhibited characteristics of the desalination method make it a preferred choice over the other water and wastewater treatment technologies product types, which is driving its segmental growth.

Water & Wastewater Treatment Technologies Market Segment Analysis – by End-use Industry

The municipal water and wastewater treatment held the largest Water & Wastewater Treatment Technologies Market?share in 2021 and is expected to grow at a CAGR of 7.3% during the forecast period 2022-2027. Wastewater treatment is essential and utilized globally in different cities. The major applications of municipal water and wastewater treatment technologies include primary and secondary treatment, preliminary treatment, tertiary treatment, resource recovery, biological nutrient removal (BNR), energy generation and others. The municipal water and wastewater treatment sector is growing, for instance, in 2020, the US Department of Agriculture (USDA) announced that it will be investing US$307 million in 34 states and Puerto Rico to upgrade rural municipal drinking water and wastewater infrastructure. Moreover, to build a water treatment plant in Great Bend, the Red Rock Rural Water System in southwestern Minnesota would receive a US$905,000 loan and a US$445,000 grant. Thus, with the growing demand for municipal water and wastewater treatment, the Water & Wastewater Treatment Technologies Market?would further rise over the forecast period.

Water & Wastewater Treatment Technologies Market Segment Analysis – by Geography

Asia-Pacific region dominated the Water & Wastewater Treatment Technologies Market?share by 41.7% in the year 2021 and is expected to grow at a CAGR of 7.2% during the forecast period 2022-2027. Due to the increasing requirement for water and wastewater treatment for industrial and drinking purposes, in developing countries such as China, Japan, India and South Korea. China, India and Taiwan, Water & Wastewater Treatment Technologies Market?is expected to grow during the forecast period. This is due to the growth of municipal wastewater treatment systems and the solid waste management sector in the countries. For instance, Under the Budget 2021 of Swachh Bharat Mission (Urban) 2.0, the Indian government allocated Rs 1,41,000 crore (US$18,455.9 Million) for wastewater treatment and solid waste management (SWM). Moreover, according to International Trade Administration (ITA), from 2015 to 2020, China invested US$81.6 billion in its municipal wastewater system and in 2020. China’s 10,113 water treatment plants treat wastewater for 95% of municipalities and 30% of rural areas. Also, 39,000 new wastewater treatment facilities were set up. Thus, the rising growth in the demand for municipal wastewater treatment systems is proving to be a market booster for the Water & Wastewater Treatment Technologies Market?size in this region.?

Water & Wastewater Treatment Technologies Market Drivers

Surging Pulp & Paper Industry:

The pulp & paper industry utilizes Water And Wastewater Treatment Technologies such as reverse osmosis, ion exchange, UV disinfection, membrane filtration, biological treatment and others, for clarification are significant to remove solids and particulate matter and decrease effluent toxicity. The pulp & paper industry is growing, for instance, according to the government of Canada, in 2021, the Minister of Natural Resources, announced an investment in Kelowna-based Red Leaf Pulp through Sustainable Development Technology Canada (SDTC), of about US$3.8 million. Additionally, according to Invest India, India’s paper and paperboard market is estimated to grow at 6-7% per annum. The per capita consumption of paper in India is 15kgs. The Indian packaging market was valued at US$50.5 billion in 2019 and it is expected to reach US$204.81 billion by 2025, registering a CAGR of 26.7% during the period 2020-2025. Thus, the growing pulp & paper industry will require more water and wastewater treatment technologies to treat waste streams, which will drive the water and wastewater treatment technologies industry growth during the forecast period.?

Growing Oil & Gas Industry:

The oil & gas industry utilizes fresh surface and underground water in various operations. The objective of this industry is to use water and wastewater treatment technologies such as reverse osmosis, membrane filtration, biological treatment and others, to reduce the demand for water by reusing wastewater as a mandatory practice, in order to save resources and to meet the principles of economic and environmental sustainability. The oil & gas industry is growing, for instance, in 2021, according to International Energy Agency (IEA), global oil consumption was expected to exceed 104.1 million barrels per day (mb/d). This was a 4.4 mb/d increase from 2019 levels. Also, the total demand for oil and gas is projected at 99.7 mb/d in 2022, an increase of 2.1 mb/d from 2021. Additionally, in the U.S. and Canada, a total of US$791 billion is invested in the new oil and gas infrastructure, which is estimated to be completed by 2035, according to the Interstate Natural Gas Association of America. Thus, the increasing oil & gas industry will require more water and wastewater treatment technologies and will drive the growth of the Water & Wastewater Treatment Technologies Market?during the forecast period.

Water & Wastewater Treatment Technologies Market Challenges

High Operations, Installation and Equipment Costs:

There are many advantages of the Water And Wastewater Treatment Technologies, however, the installation of their equipment is costly. Disinfection technologies, ozonation and UV equipment are costly for small-scale industrial applications. Developed countries such as Europe and North America have applied ozonation and UV equipment for the municipal sector, whereas countries in APAC and other regions comprise less share in these technologies due to their high cost of installation. Desalination equipment, operating and maintenance costs of the water treatment systems are also very expensive. Treatment systems consume a lot of energy for the requirement of water processing and treatment. Moreover, the countries such as in Africa, lack basic infrastructure for the distribution and storage of water does not have access to clean drinking water. Thus, the high operational, installation and equipment costs of the water and wastewater treatment technologies will create hurdles for the market's growth.?

Water & Wastewater Treatment Technologies Market Industry Outlook

Technology launches, acquisitions and R&D activities are key strategies players adopt in the Water & Wastewater Treatment Technologies Markets. The top 10 companies in the Water & Wastewater Treatment Technologies Market are:

1. Veolia Water Solutions & Technologies
2. SUEZ SA
3. Xylem Inc.
4. Dow Water & Process Solutions
5. GE Water & Process Technologies
6. Evoqua Water Technologies LLC
7. Aquatech International LLC
8. Ecolab Inc.
9. 3M
10. Pentair Plc.

Recent Developments

• In February 2019, Evoqua Water Technologies launched the Depolox 400 M analyzer designed to provide reliable measurements of disinfectant parameters in drinking water and industrial water applications.
• In August 2021, The Energy and Resources Institute, New Delhi, developed a technology called The Advanced Oxidation Technology or TADOX, which can reduce less dependence and load on biological and tertiary treatment systems and help achieve Zero Liquid Discharge (ZLD).?
• In April 2022, Veolia Water Technologies, a subsidiary of the Veolia group and specialist in water treatment, launched the Asia Pacific Barrel, an integrated plug-and-play reverse osmosis (RO) technology.