The global Water and Wastewater Treatment Market will be worth USD 472.53 Billion by 2027, according to a current analysis by Emergen Research. The growth of this market can be attributed to the lack of freshwater resources in different parts of the world. The growing global population is suffering from the scarcity of water, especially the people from Africa and the Middle East, which has increased the adoption of the water and wastewater treatment facilities in the region. The rapid urbanization, infrastructural and technological developments of the existing sewage treatment facilities have augmented the demand for water and wastewater treatment facilities over the forecast period. Increasing demand for affordable fresh packaged drinking water and water purifiers is most likely to propel the demand for water treatment facilities. Increasing research and development regarding the incorporation of advanced technologies such as Artificial intelligence and nanotechnology to treat water and wastewater will surely drive the growth of the industry.
The report also offers insightful data and recommendations to the market players, emerging players, and stakeholders on how to combat the COVID-19 pandemic. The report offers a comprehensive impact analysis of the pandemic on the Water and Wastewater Treatment market and its key segments. Furthermore, the report also covers a present and future impact analysis of the pandemic on market growth.
The Global Water and Wastewater Treatment Market report presents a comprehensive analysis of the Water and Wastewater Treatment market that offers valuable insights to the investors, stakeholders, and business strategists for the forecast period of 2020-2027. The report on the global Water and Wastewater Treatment market presents the expected growth rate and market value the market is expected to achieve in the coming years.
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Key Highlights From The Report
In June 2020, Siemens collaborated with Acciona in order to create a Digital Twin to improve water treatment plants. The new technology achieved through this collaboration is used to analyze, optimize, and improve productivity, reducing operating times, and finding faults early.
The municipal segment held the largest market share of 57.4% in 2019 as the water, and wastewater treatment facilities are extensively used by the municipal corporations. The scarcity of freshwater in the developing economies has resulted in the increasing usage of water treatment facilities by municipal corporations.
The chemical segment is forecasted to grow with the fastest CAGR of 7.6% over the forecast period. Chemicals such as coagulants flocculants are widely used by the municipal corporation to remove the suspended solid particles from the wastewater.
The Asia Pacific region is expected to be the fastest-growing region over the forecast period. Rapid urbanizations and industrializations and increasing investments by public and private organizations for technological advancement of water treatment facilities are expected to drive this segment's growth.
Key participants include Acciona, Veolia, Ecolab Inc., SUEZ S.A., Kurita Water Industries, Xylem Inc., DuPont, Orenco systems, Hydro International, and Aquatech International LLC, among others.
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Product Service Outlook (Revenue, USD Billion; 2017-2027)
Equipment (Filtration, Disinfection, Biological, Demineralization, Sludge Treatment)
Chemicals (Coagulants Flocculants, Biocide Disinfectant, Anti-foaming Agents, Scale Corrosion Inhibitors, pH Adjuster Softener)
Service
Application Outlook (Revenue, USD Billion; 2017-2027)
Industrial
Municipal
Regional Outlook (Revenue, USD Billion; 2017-2027)
North America
Europe
Asia Pacific
Latin America
MEA
Table of Content
Chapter 1. Methodology Sources
1.1. Water and Wastewater Treatment Market Definition
1.2. Water and Wastewater Treatment Market Research Scope
1.3. Water and Wastewater Treatment Market Methodology
1.4. Water and Wastewater Treatment Market Research Sources
1.4.1. Primary
1.4.2. Secondary
1.4.3. Paid Sources
1.5. Water and Wastewater Treatment Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2019-2027
Chapter 3. Key Insights
Chapter 4. Water and Wastewater Treatment Market Segmentation Impact Analysis
Continued…
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