Global Biological Wastewater Treatment Market to Reach USD 16.08 Billion by 2032 | Emergen Research
Global Biological Wastewater Treatment Market to Reach USD ... GlobeNewswire
Vancouver, Oct. 04, 2023 (GLOBE NEWSWIRE) — The global biological wastewater treatment market is likely to reach value of USD 16.08 Billion by 2032, according to a current analysis by Emergen Research.
The global biological wastewater treatment market is projected to reach a value of USD 16.08 Billion by 2032, driven by the increasing amount of wastewater generated through industries and discharged into freshwater bodies. This has led to a scarcity of freshwater in developing economies. To address this issue and eliminate bacteria and toxic chemicals discharged from industries, there is a growing utilization of biological wastewater treatment processes to obtain fresh water for agricultural and human uses.
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Developments in advanced biological treatment technologies are expected to offer lucrative opportunities to manufacturers of biological wastewater treatment solutions in the near future. The natural processes used by the biological wastewater treatment solutions to help with the decomposition of organic substances have driven the utilization of the solution due to the growing environmental concerns and increasing initiatives regarding water conservation. The bio-based processes implemented by the biological wastewater treatment help with decomposition of organic substances. This has driven the demand for the biological wastewater treatment owing to the growing environmental concerns.
Scope of Research
Report Details | Outcome |
Market size in 2019 | USD 8.52 Billion |
CAGR (2020–2027) | 5.2% |
Revenue forecast in 2032 | USD 16.08 Billion |
Base year for estimation | 2019 |
Historical data | 2016–2018 |
Forecast period | 2020–2027 |
Quantitative units | Volume in tons, revenue in USD Thousand, and CAGR from 2020 to 2027 |
Report coverage | Revenue forecast, company ranking, competitive landscape, growth factors, and trends |
Segments covered | Process, end-use, and region |
Regional scope | North America; Europe; Asia Pacific; Central & South America; Middle East & Africa |
Country scope | U.S.; Canada; Mexico; U.K.; Germany; France; Italy; Spain; China; India; Japan; South Korea; Brazil; Saudi Arabia; South Africa; Turkey |
Key companies profiled | Suez Water Technologies & Solutions, Evoqua Water Technologies LLC, Veolia, Xylem Inc., Aquatech International, Condorchem Envitech, S.L., Pentair Plc, Ecolab Inc., DAS Environmental Expert GmbH, and Samco Technologies, Inc. |
Customization scope | 10 hours of free customization and expert consultation |
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MAJOR COMPANIES
The global biological wastewater treatment market is moderately fragmented with a large number of small- and medium-sized manufacturers accounting for a major share of the market. Manufacturers are well-equipped with manufacturing facilities and are involved in several research and development activities. Some of the prominent players in the biological wastewater treatment market are:
- Suez Water Technologies & Solutions
- Evoqua Water Technologies LLC
- Veolia
- Xylem Inc.
- Aquatech International
- Condorchem Envitech, S.L.
- Pentair Plc
- Ecolab Inc.
- DAS Environmental Expert GmbH
- Samco Technologies, Inc.
Strategic Development
In July 2020, Suez Water Technologies & Solutions announced that it had acquired the reverse osmosis (RO) membrane portfolio of LANXESS, a specialty chemicals company. The acquisition of the portfolio is expected to enhance the company’s ability to help its customers resolve challenges related to water and wastewater treatment. The acquisition is also expected to support the company’s growth and investment strategy.
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Key Highlights of Report
- In September 2020, Veolia Water Technologies Qatar entered into a contract with Baladna, a leading dairy manufacturer in Qatar, to upgrade the existing wastewater treatment facility at Baladna’s cow farm, which is located in Al Khor, north of Doha. Veolia would increase the treatment capacity of Baladna’s wastewater treatment plants and enable the treated wastewater to be reused for agricultural irrigation purposes.
- The Industrial segment held the largest market share of 59.4% in 2019. Strict regulations imposed by governments on release of industrial wastewater are driving utilization of biological wastewater treatment solutions among industries.
- The anaerobic segment is projected to expand
SDGs, Targets, and Indicators Analysis
1. Which SDGs are addressed or connected to the issues highlighted in the article?
- SDG 6: Clean Water and Sanitation
- SDG 9: Industry, Innovation, and Infrastructure
- SDG 12: Responsible Consumption and Production
- SDG 13: Climate Action
The article discusses the increasing amount of wastewater generated by industries and its impact on freshwater scarcity in developing economies. This connects to SDG 6, which aims to ensure availability and sustainable management of water and sanitation for all. Additionally, the article mentions the utilization of biological wastewater treatment processes to eliminate bacteria and toxic chemicals, which aligns with SDG 9’s focus on promoting sustainable industrialization and fostering innovation. The emphasis on environmental concerns and water conservation also relates to SDG 12’s goal of promoting responsible consumption and production. Lastly, the mention of growing environmental concerns suggests a connection to SDG 13, which addresses climate action.
2. What specific targets under those SDGs can be identified based on the article’s content?
- Target 6.3: Improve water quality by reducing pollution, eliminating dumping, and minimizing release of hazardous chemicals and materials.
- Target 9.4: Upgrade infrastructure and retrofit industries to make them sustainable, with increased resource-use efficiency and greater adoption of clean and environmentally sound technologies.
- Target 12.4: Achieve environmentally sound management of chemicals and all wastes throughout their life cycle.
- Target 13.3: Improve education, awareness-raising, and human and institutional capacity on climate change mitigation, adaptation, impact reduction, and early warning.
Based on the issues discussed in the article, these specific targets are relevant. The article highlights the need to eliminate bacteria and toxic chemicals from wastewater, which aligns with Target 6.3. The emphasis on utilizing biological wastewater treatment processes reflects the goal of upgrading infrastructure and adopting environmentally sound technologies mentioned in Target 9.4. The focus on environmental concerns and water conservation relates to Target 12.4, which aims to achieve environmentally sound management of chemicals and wastes. Lastly, the mention of growing environmental concerns suggests the importance of raising awareness and building capacity for climate change mitigation, which connects to Target 13.3.
3. Are there any indicators mentioned or implied in the article that can be used to measure progress towards the identified targets?
- Indicator 6.3.2: Proportion of bodies of water with good ambient water quality
- Indicator 9.4.1: CO2 emission per unit of value added
- Indicator 12.4.1: Number of parties to international multilateral environmental agreements on hazardous waste, including their compliance with the agreements
- Indicator 13.3.2: Number of countries that have communicated the strengthening of institutional, systemic, and individual capacity-building to implement adaptation, mitigation, and technology transfer
While the article does not explicitly mention these indicators, they can be used to measure progress towards the identified targets. Indicator 6.3.2 measures the proportion of bodies of water with good ambient water quality, which aligns with Target 6.3. Indicator 9.4.1 tracks CO2 emissions per unit of value added, reflecting progress towards Target 9.4. Indicator 12.4.1 focuses on the number of parties to international multilateral environmental agreements on hazardous waste, which relates to Target 12.4. Indicator 13.3.2 measures the number of countries that have communicated capacity-building efforts for climate change adaptation and mitigation, connecting to Target 13.3.
Table: SDGs, Targets, and Indicators
SDGs Targets Indicators SDG 6: Clean Water and Sanitation Target 6.3: Improve water quality by reducing pollution, eliminating dumping, and minimizing release of hazardous chemicals and materials. Indicator 6.3.2: Proportion of bodies of water with good ambient water quality SDG 9: Industry, Innovation, and Infrastructure Target 9.4: Upgrade infrastructure and retrofit industries to make them sustainable, with increased resource-use efficiency and greater adoption of clean and environmentally sound technologies. Indicator 9.4.1: CO2 emission per unit of value added SDG 12: Responsible Consumption and Production Target 12.4: Achieve environmentally sound management of chemicals and all wastes throughout their life cycle. Indicator 12.4.1: Number of parties to international multilateral environmental agreements on hazardous waste, including their compliance with the agreements SDG 13: Climate Action Target 13.3: Improve education, awareness-raising, and human and institutional capacity on climate change mitigation, adaptation, impact reduction, and early warning. Indicator 13.3.2: Number of countries that have communicated the strengthening of institutional, systemic, and individual capacity-building to implement adaptation, mitigation, and technology transfer Behold! This splendid article springs forth from the wellspring of knowledge, shaped by a wondrous proprietary AI technology that delved into a vast ocean of data, illuminating the path towards the Sustainable Development Goals. Remember that all rights are reserved by SDG Investors LLC, empowering us to champion progress together.
Source: globenewswire.com
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