The ‘Global Industrial Wastewater Treatment Units Market Share, Report and Forecast 2023-2028’by Expert Market Research, gives an extensive outlook of the global industrial wastewater treatment units market, assessing on the basis of its segments like end use, capacity, operating mode, and major regions.
Industrial Wastewater Treatment Units Market Size, Trends, Industry Report, Key Player, Major Segments, and Forecast
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The key highlights of the report include:
Market Overview (2018-2028)
• Forecast CAGR (2023-2028): 5.7%
The industrial wastewater treatment units market is driven by reducing availability of fresh water, worsened by the dramatic increase in water pollution. The amount of wastewater generated has increased due to increased industrialisation, particularly in manufacturing sectors like food and beverage, oil and gas, chemical, pulp and paper, and mining.
Additionally, rivers and lakes, which are important sources of freshwater, are increasingly becoming contaminated with hazardous, toxic, and harmful chemicals when polluted water without first being treated is dumped into freshwater. As a result, the quantity and quality of sources of potable water suitable for human consumption are declining.
To combat water pollution and encourage water conservation, various environmental organisations and governmental bodies have imposed strict regulations. Wastewater recycling and treatment through applications of the industrial wastewater treatment units market reduce the contamination of fresh water. Reusing treated water for non-potable purposes alleviates some of the strain on freshwater sources.
Industrial Wastewater Treatment Units Industry Definition and Major Segments
The process of converting wastewater from various industries into usable soft water for industrial processing is known as industrial wastewater treatment and it takes place at industrial wastewater treatment units. The use of poor-quality water in industry is detrimental to processing, due to which numerous wastewater treatment equipment are used to eliminate microbial contamination and suspended solid matter. Water treatment is done to reduce the TSS (Total Suspended Solids) content. Microorganisms are removed by differentiating the biological, physical, and chemical properties of water by treating the water bodies.
Based on end use, the market is segmented into:
• Food and Beverages
• Chemical and Fertiliser
• Electrical and Electronics
• Oli and Gas
• Pulp and Paper
On the basis of capacity, the market is divided into:
• Less than 50 MLD
• 50-200 MLD
• Over 200 MLD
Based on operating mode, the market is divided into:
The major regional markets include:
• North America
• Latin America
• Middle East and Africa
Industrial Wastewater Treatment Units Market Trends
Water usage in the manufacturing sector is increasing, which is driving up demand for industrial wastewater treatment units. The market is being driven by the increasing growth of oil and gas, pharmaceuticals, food, and chemical sectors. Furthermore, the market is witnessing the advancement of superior and efficient industrial wastewater treatment technology. These include technologies such as treat-to-discharge, membrane-based fuel cells, and MBR, as well as recycling and reuse.
Stringent government regulations regarding industrial wastewater around the world are also one of the key factors driving the growth of the market for industrial wastewater treatment units during the forecast period. Growing environmental concerns and concerns about the health of people who live near industrial areas are propelling the industrial wastewater treatment units market growth.
Factors such as regular cost of maintenance stifles market growth. Furthermore, rising demand for more environmentally friendly procedures, as well as a shift toward alternative water treatment technologies, are potential restraints to the overall growth of the global industrial wastewater treatment units market.
However, technological advancements, construction of industrial water treatment plants, and innovative product designs provide favourable growth opportunities.
Key Market Players
The major players in the Global Industrial Wastewater Treatment Units Market are :
- Veolia Water Technologies Ltd.
- Suez Group
- Hitachi Aqua-Tech Engineering Pte Ltd.
- Danaher Corporation
- Toray Group
- The Thermax Group
- Calgon Carbon Corporation
- Doosan Corporation
- Toshiba Water Solutions Private Ltd.
- Evoqua Water Technologies LLC
The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers, and acquisitions, among other latest developments of the major market players.
The report studies the latest updates in the market, along with their impact across the market. It also analyses the market demand, together with its price and demand indicators. The report also tracks the market on the bases of SWOT and Porter’s Five Forces Models.
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