Water and Wastewater Treatment Technologies Market Worth $128.78 Billion by 2029

Water and Wastewater Treatment Technologies Market Report

Published September 14, 2023

Meticulous Research®—a leading global market research company, published a report titled, ‘Water and Wastewater Treatment Technologies Market, by Type (Membrane Separation & Filtration, Sludge Management Technology, Activated Sludge), Application (Municipal, Residential, Industrial), and Geography—Global Forecasts to 2029.’

The water and wastewater treatment technologies market is expected to reach $128.78 billion by 2029, at a CAGR of 5.4% during the forecast period 2022–2029. The growth of this market is attributed to rapidly diminishing freshwater resources and the growing need for water reclamation and reusable technologies. However, the lack of awareness of using water treatment techniques appropriately and the high cost of wastewater treatment technologies are hindering the growth of this market. In addition, the growing demand for energy-efficient and advanced water treatment technologies is expected to create significant growth opportunities for the players operating in this market. However, the aging and deterioration of existing water infrastructure is a major challenge to the growth of this market.

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Market Segmentation

1. Based on type: The water and wastewater treatment technologies market is segmented into:
   • Membrane Separation & Filtration
   • Sludge Management Technology
   • Activated Sludge
   • Activated Carbon Technology
   • Clarification
   • Chlorination
   • Industrial Demineralization
   • Membrane Bioreactor (MBR)
   • UV & Ozone
   • Dissolved Air Flotation
   • Electrochemical Scale Treatment Systems
   • Electrochemical Water Treatment Technology
   • Other Treatment Technologies
2. Based on application: The water and wastewater treatment technologies market is segmented into:
   • Municipal
   • Residential
   • Industrial
3. Based on geography: In 2022, the Asia-Pacific region is expected to account for the largest share of the water and wastewater treatment technologies market. The large share of this regional market is attributed to rapid growth in population and urbanization, increased environmental deterioration, increased demand for water treatment technologies to provide clean and potable water, and the increasing number of investments in water infrastructure by public sector organizations in the region.

Key Players

The key players operating in the water and wastewater treatment technologies market are:

• Suez S.A. (France)
• Veolia Environment SA. (France)
• Xylem Inc. (U.S.)
• DuPont de Nemours, Inc. (U.S.)
• United Utilities Group PLC (U.K.)
• Kingspan Group plc (U.K.)
• The Dow Chemical Company (U.S.)
• BASF SE (Germany)
• Kurita Water Industries Ltd. (Japan)
• BioMicrobics, Inc. (U.S.)
• Calgon Carbon Corporation (U.S.)
• Trojan Technologies Inc. (Canada)
• Thermax Limited (India)
• WOG Group (India)
• SWA Water Technologies PTY LTD. (Australia)
• Burns & McDonnell (U.S.)
• Adroit Associates Private Limited (India)
• Sauber Environmental Solutions Pvt. Ltd. (India)
• Clean TeQ Water Limited (Australia)

Key Questions Answered in the Report

• Which are the high-growth market segments in terms of type and application?
• What was the historical market for water and wastewater treatment technologies?
• What are the market forecasts and estimates for the period 2022–2029?
• What are the major drivers, restraints, opportunities, and challenges in the water and wastewater treatment technologies market?
• Who are the major players, and what shares do they hold in the water and wastewater treatment technologies market?
• How is the competitive landscape in the water and wastewater treatment technologies market?
• What are the recent developments in the water and wastewater treatment technologies market?
• What are the different strategies adopted by the major players in the water and wastewater treatment technologies market?
• What are the key geographic trends, and which are the high-growth countries?

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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 11: Sustainable Cities and Communities

The article discusses the water and wastewater treatment technologies market, which is directly related to SDG 6, as it focuses on clean water and sanitation. Additionally, the article mentions the need for energy-efficient and advanced water treatment technologies, which aligns with SDG 9’s goal of promoting sustainable industry and innovation. Finally, the article highlights the challenges posed by the aging and deterioration of existing water infrastructure, which is relevant to SDG 11’s objective of building sustainable cities and communities.

2. What specific targets under those SDGs can be identified based on the article’s content?

• SDG 6.3: By 2030, improve water quality by reducing pollution, eliminating dumping and minimizing release of hazardous chemicals and materials.
• SDG 9.4: By 2030, upgrade infrastructure and retrofit industries to make them sustainable, with increased resource-use efficiency and greater adoption of clean and environmentally sound technologies and industrial processes.
• SDG 11.3: By 2030, enhance inclusive and sustainable urbanization and capacity for participatory, integrated and sustainable human settlement planning and management in all countries.

Based on the article’s content, the targets mentioned above can be identified. The focus on water treatment technologies aligns with SDG 6.3’s target of improving water quality. The emphasis on energy-efficient and advanced water treatment technologies relates to SDG 9.4’s target of upgrading infrastructure and adopting clean technologies. Lastly, the mention of the challenges posed by aging water infrastructure connects to SDG 11.3’s target of enhancing sustainable urbanization and settlement planning.

3. Are there any indicators mentioned or implied in the article that can be used to measure progress towards the identified targets?

Yes, the article provides indicators that can be used to measure progress towards the identified targets:

• Reduction in pollution levels and hazardous chemical release in water sources can be measured through water quality testing and monitoring.
• Increase in the adoption of energy-efficient and advanced water treatment technologies can be measured through market analysis and surveys.
• Improvement in the condition of existing water infrastructure can be measured through infrastructure assessments and maintenance records.

The article mentions the need for reducing pollution, adopting advanced technologies, and addressing infrastructure challenges, which imply the use of these indicators to measure progress towards the identified targets.

SDGs, Targets, and Indicators Table

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: digitaljournal.com

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