Wastewater Treatment Services

Wastewater Treatment Services

Global Wastewater Treatment Services Market to Reach US$91.8 Billion by 2030

The global market for Wastewater Treatment Services estimated at US$65.5 Billion in the year 2023, is expected to reach US$91.8 Billion by 2030, growing at a CAGR of 5.0% over the analysis period 2023-2030. Operation & Process Control Service, one of the segments analyzed in the report, is expected to record a 5.6% CAGR and reach US$31.7 Billion by the end of the analysis period. Growth in the Designing & Engineering Consult Service segment is estimated at 4.9% CAGR over the analysis period.

The U.S. Market is Estimated at US$17.4 Billion While China is Forecast to Grow at 7.7% CAGR

The Wastewater Treatment Services market in the U.S. is estimated at US$17.4 Billion in the year 2023. China, the world`s second largest economy, is forecast to reach a projected market size of US$20.5 Billion by the year 2030 trailing a CAGR of 7.7% over the analysis period 2023-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 2.4% and 4.4% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 2.7% CAGR.

Global Wastewater Treatment Service Market - Key Trends and Drivers Summarized

Wastewater treatment services involve the processes and technologies used to treat water that has been adversely affected in quality by anthropogenic influence. These services are essential to transform wastewater—which includes household sewage and effluents from industrial or commercial processes—into an effluent that can be either returned to the water cycle with minimal environmental issues or reused for various purposes. The treatment involves physical, chemical, and biological processes to remove contaminants and produce treated wastewater that is safe enough for release into the environment. Increasing environmental awareness and stricter regulations regarding wastewater discharge comprising the primary drivers for market growth.

 Governments around the world are implementing more rigorous standards to protect water bodies from pollution, compelling industries and municipalities to adopt advanced wastewater treatment solutions. Urbanization continues to exert pressure on existing water and wastewater infrastructures, necessitating the expansion and upgrading of treatment facilities to accommodate the growing population and its effluents. Moreover, industrial expansion in emerging economies is generating more industrial effluents, driving the demand for effective treatment technologies and services to meet regulatory compliance and avoid environmental degradation.

There is a growing shift towards the adoption of energy-efficient and advanced treatment technologies such as membrane bioreactors (MBRs), advanced oxidation processes, and nutrient recovery systems. These technologies not only enhance the efficiency of the treatment processes but also allow the recovery of resources such as water, energy, and valuable nutrients from wastewater. Another trend is the increasing use of automation and real-time data monitoring to optimize treatment processes and reduce operational costs. Real-time process monitoring and control have become possible through advanced sensor technologies and data analytics, enabling facilities to optimize operations and maintain high standards of water quality. Moreover, the adoption of cloud computing and edge computing solutions has allowed for more robust and sophisticated data processing capabilities, driving the development of innovative solutions that leverage complex algorithms for improved water management. As global water scarcity issues intensify and environmental regulations become stricter, wastewater treatment services are set to play an increasingly crucial role in both conserving natural resources and protecting ecosystems. The sector is expected to continue evolving with technological advancements and innovative treatment solutions that ensure cleaner water practices and support sustainable development goals.

Select Competitors (Total 13 Featured) -

• Aries Chemical
• Bauminas Quimica
• Buckman Laboratories
• BWA Water Additives UK
• Ecolab
• Evoqua Water Technologies
• Feralco AB
• Golder Associates
• Hydrite Chemical Co.
• Innospec

Please note: Reports are sold as single-site single-user licenses. Electronic versions require 24-48 hours as each copy is customized to the client with digital controls and custom watermarks. The Publisher uses digital controls protecting against copying and printing is restricted to one full copy to be used at the same location.

The latest version of Adobe Acrobat Reader is required to view the report. Upon ordering an electronic version, the Publisher will provide a link to download the purchased report.

Prior to fulfillment of an order, the client will be required to sign a document detailing the purchase terms for a publication from this publisher.