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The global Water and Wastewater Treatment Market size was USD 56.55 Billion in 2022 and is expected to register a revenue CAGR of 6.3% during the forecast period. The Water and Wastewater treatment market revenue growth can be attributed to rising environmental concerns including air pollution, waste disposal, water pollution, and others along with stringent government norms and regulations. Wastewater from various industries is dumped into the surrounding environment and water body. The effluent released can be partially or entirely untreated. Environmental degradation has become a major concern in many countries as a result of recent infrastructural developments in various industries
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Top Companies: Kurita Water Industries Ltd., Aries Chemicals, Inc., Ecolab, SUEZ, Kemira, Solenis, Feralco AB, IXOM, Hydrite Chemical, and SNF.
Here are the key findings from the report:
According to the report, Kurita Water Industries Ltd., a leading manufacturer in water treatment chemicals and facilities, announced the adoption of their KR-FM resin in North America. The resin, designed for high purity ultrapure water production in semiconductor manufacturing, aims to enhance production efficiency and product quality. In terms of revenue share, the adsorption segment dominated the market in 2021. The increasing demand from the paper and pulp industries is a significant driver for this growth, as adsorption proves to be an efficient process in removing dissolved organic pollutants from Water and Wastewater, such as dyes. The ultrafiltration systems segment also accounted for a substantial revenue share, fueled by the rising need for cost-effective wastewater filtration solutions. These systems are capable of reducing oil volume in water, removing particulates, and enabling water and soap solution recycling, resulting in cost savings for companies. Overall, both adsorption and ultrafiltration systems are gaining prominence as efficient and environmentally-friendly methods in the water treatment industry.
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The global Water and Wastewater Treatment market is segmented into:
End-use Outlook (Revenue, USD Billion; 2019-2030)
Application Outlook (Revenue, USD Billion; 2019-2030)
Process Outlook (Revenue, USD Billion; 2019-2030)
Regional Outlook:
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