Industrial Wastewater Treatment Market Set to Soar Past USD 20.37 Billion by 2030

Industrial Wastewater Treatment Market Set to Soar Past USD 20.37 ...  GlobeNewswire

Industrial Wastewater Treatment Market Set to Soar Past USD 20.37 Billion by 2030

Industrial Wastewater Treatment Market Set to Soar Past USD 20.37 Billion by 2030

Industrial Wastewater Treatment Market Trends

Increasing Adoption of Decentralized and Onsite Wastewater Treatment Systems

According to SkyQuest’s latest global research of the Industrial Wastewater Treatment market, there is an increasing adoption of decentralized and onsite wastewater treatment systems. This trend aligns with Sustainable Development Goal 6: Clean Water and Sanitation, which aims to ensure availability and sustainable management of water and sanitation for all.

Rising Focus on Resource Recovery from Wastewater

Another significant trend in the market is the rising focus on resource recovery from wastewater. This aligns with Sustainable Development Goal 12: Responsible Consumption and Production, which promotes the efficient use of resources and the reduction of waste.

Growing Use of Advanced Technologies

The market is also witnessing a growing use of advanced technologies such as membrane filtration and biological processes. These technologies contribute to Sustainable Development Goal 9: Industry, Innovation, and Infrastructure, which aims to promote inclusive and sustainable industrialization.

Implementation of Smart and Automated Solutions

The implementation of smart and automated wastewater treatment solutions is another trend driving the market’s growth. This aligns with Sustainable Development Goal 11: Sustainable Cities and Communities, which promotes the development of inclusive, safe, resilient, and sustainable cities.

Rising Popularity of Zero Liquid Discharge (ZLD) Systems

The rising popularity of zero liquid discharge (ZLD) systems is also contributing to the market’s growth. ZLD systems help in achieving Sustainable Development Goal 14: Life Below Water, by reducing the discharge of pollutants into water bodies.

Integration of Internet of Things (IoT) and Data Analytics

The integration of Internet of Things (IoT) and data analytics in wastewater treatment processes is another trend in the market. This aligns with Sustainable Development Goal 17: Partnerships for the Goals, which emphasizes the importance of leveraging technology and data for sustainable development.

Industrial Wastewater Treatment Market Overview

Industrial wastewater treatment is the process of removing contaminants from wastewater generated by industrial processes. The treated wastewater can then be reused, recycled, or discharged to the environment.

Prominent Players in Industrial Wastewater Treatment Market

  • Suez Environnement
  • Veolia Environnement
  • Xylem
  • DuPont
  • 3M
  • Pentair
  • ITT
  • United Utilities
  • Severn Trent Water
  • Evoqua Water Technologies
  • American Water
  • Aquatech International
  • Kingspan Group
  • Ecolab
  • Organo (Asia) Sdn Bhd
  • Kurita Water Industries
  • Kemira Oyj
  • Thermax Limited
  • Bio-Microbics

Key Developments in Industrial Wastewater Treatment Market

  • In January 2023, Xylem acquired Evoqua Water Technologies for $7.5 billion. This acquisition created a global leader in water treatment solutions, with a combined portfolio of products and services for municipal and industrial customers.
  • In March 2023, Solenis acquired Diversey for $4.6 billion. This acquisition created a leading provider of water treatment and cleaning solutions for industrial and municipal customers.

Conclusion

The Industrial Wastewater Treatment market is witnessing significant growth due to the adoption of decentralized and onsite wastewater treatment systems, focus on resource recovery, use of advanced technologies, implementation of smart and automated solutions, popularity of zero liquid discharge systems, and integration of IoT and data analytics. These trends align with various Sustainable Development Goals, highlighting the importance of sustainable practices in the industry.

SDGs, Targets, and Indicators

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 17: Partnerships for the Goals

The article discusses the industrial wastewater treatment market, which is directly related to SDG 6 as it focuses on clean water and sanitation. It also highlights the use of advanced technologies and smart solutions, which aligns with SDG 9 on industry, innovation, and infrastructure. Additionally, the emphasis on resource recovery and sustainable practices connects to SDG 12 on responsible consumption and production. Lastly, the mention of collaborations and partnerships in the market relates to SDG 17 on partnerships for the goals.

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.
  • Target 9.4: Upgrade infrastructure and retrofit industries for sustainable practices.
  • Target 12.4: Achieve environmentally sound management of chemicals and all wastes throughout their life cycle.
  • Target 17.16: Enhance the global partnership for sustainable development, complemented by multi-stakeholder partnerships.

The article mentions the need for effective industrial wastewater treatment solutions to manage hazardous chemicals, which aligns with Target 6.3. The focus on technological advancements and sustainable practices corresponds to Target 9.4. The emphasis on resource recovery and integration of IoT and data analytics relates to Target 12.4. Lastly, the mention of collaborations and partnerships in the market supports Target 17.16.

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 in manufacturing industries.
  • Indicator 12.4.1: Number of parties to international multilateral environmental agreements on hazardous waste.
  • Indicator 17.16.1: Number of countries implementing relevant international frameworks and agreements for sustainable development.

The article does not explicitly mention these indicators, but they can be used to measure progress towards the identified targets. For example, Indicator 6.3.2 can assess the improvement in water quality achieved through industrial wastewater treatment. Indicator 9.4.1 can measure the reduction in CO2 emissions in the manufacturing sector due to sustainable practices. Indicator 12.4.1 can track the number of countries participating in international agreements on hazardous waste management. Indicator 17.16.1 can evaluate the implementation of partnerships and frameworks for sustainable development.

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. 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 for sustainable practices. Indicator 9.4.1: CO2 emission per unit of value added in manufacturing industries.
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.
SDG 17: Partnerships for the Goals Target 17.16: Enhance the global partnership for sustainable development, complemented by multi-stakeholder partnerships. Indicator 17.16.1: Number of countries implementing relevant international frameworks and agreements for sustainable development.

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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