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Redding, California - February 8, 2024
Industrial Wastewater Treatment Market to be Worth $206.81 Billion by 2031
Industrial Wastewater Treatment Market by Offering (Treatment Technologies, Treatment Chemicals, Process Control & Automation, Design, Engineering, and Construction Services, Operation & Maintenance services), End User, and Geography - Global Forecast to 2031
Meticulous Research®—a leading global market research company, published a research report titled, ‘Industrial Wastewater Treatment Market by Offering (Treatment Technologies, Treatment Chemicals, Process Control & Automation, Design, Engineering, and Construction Services, Operation & Maintenance services), End User, and Geography - Global Forecast to 2031.’
According to this latest publication from Meticulous Research®, the global industrial wastewater treatment market is projected to reach $206.81 billion by 2031, at a CAGR of 6.1% from 2024–2031. The growth of the global industrial wastewater treatment market is driven by factors such as the lack of freshwater resources, government encouragement and the growing emphasis on corporate social responsibility, and the need for critical resource recovery from wastewater. However, the high installation, maintenance, and operating costs of wastewater treatment infrastructure restrain the growth of this market.
Furthermore, the growing demand for energy-efficient and advanced wastewater treatment technologies and the generation of green hydrogen from industrial wastewater are expected to provide growth opportunities for the players operating in this market. However, high energy consumption and expenses due to excess sludge production pose significant challenges to the market’s growth.
Meticulous Research® has segmented this market based on offering, end user, and geography for efficient analysis. The study also evaluates industry competitors and analyzes the market at country levels.
Based on offering, the global industrial wastewater treatment market is segmented into operation & maintenance services, process control & automation, design, engineering, and construction services, treatment technologies, and treatment chemicals. In 2024, the operation & maintenance services segment is expected to account for the largest share of the global industrial wastewater treatment market. The large market share of this segment is attributed to the increasing need for meeting government-mandated quality standards for managing wastewater and companies’ rising focus on cost-effectiveness, efficiency, and reducing workforce requirements for monitoring and managing industrial wastewater.
Based on end user, the global industrial wastewater treatment market is segmented into power generation, semiconductor manufacturing, data centers, green hydrogen generation, chemical manufacturing, refining & petrochemicals, oil & gas, pulp & paper, food & beverage, pharmaceutical manufacturing, industrial manufacturing, and other end users. In 2024, the food & beverage segment is expected to account for the largest share of the global industrial wastewater treatment market. The large share of this segment is attributed to factors such as increasing volumes of sewage & wastewater generated during food production, the substantial utilization of water for food processing and cleaning in the food & beverage industry, and the growing need for wastewater reuse in the F&B industry to improve water efficiency and ensure reliable, and clean water sources for operations.
Based on geography, the industrial wastewater treatment market is segmented into North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. In 2024, Asia-Pacific is expected to command the largest share of global industrial wastewater treatment. Asia-Pacific’s major market share is attributed to the rising demand for sustainable and advanced solutions due to significant water stress and environmental pollution. The key food & beverage sectors creating the highest investment opportunities in the region include dairy and beverages, especially in China and India.
Key Players:
The key players operating in the global industrial wastewater treatment market are Xylem Inc. (U.S.), SUEZ S.A. (France), Pentair plc (U.K.), Dow Inc. (U.S.), Veolia Environnement S.A. (France), BASF SE (Germany), PPU Umwelttechnik GmbH (Germany), DuPont de Nemours, Inc. (U.S.), Bio-Microbics (U.S.), Thermax Limited (India), Ecolab Inc. (U.S.), Kurita Water Industries, Ltd. (Japan), Kemira Oyj (Finland), GFL Environmental (Canada), 3M Company (U.S.), Kingspan Group plc (U.K.), Calgon Carbon Corporation (U.S.), Trojan Technologies (Canada), Clean TeQ Water Limited (Australia), SWA Water Australia Pty Limited (Australia), Adroit Associates Private Limited (India), Sauber Environmental Solutions (India), SEPC Limited (India), Golder Associates Inc. (Canada), Burns & McDonnell (U.S.), and WOG Technologies (India).
Downalod Sample Report Here @ https://www.meticulousresearch.com/download-sample-report/cp_id=5170
Key Questions Answered in the Report:
- Which are the high-growth market segments in terms of offering, end user, and geography?
- What is the historical market size of the global industrial wastewater treatment market?
- What are the market forecasts and estimates for the period 2024–2031?
- What are the major drivers, opportunities, and challenges in the global industrial wastewater treatment market?
- Who are the major market players, and what shares do they hold in the global industrial wastewater treatment market?
- What is the competitive landscape like?
- What are the recent key developments in the global industrial wastewater treatment market?
- What are the strategies adopted by major players in this market?
- What are the key geographic trends and high-growth countries?
Contact Us:
Meticulous Research®
Email- sales@meticulousresearch.com
Contact Sales- +1-646-781-8004
Connect with us on LinkedIn- https://www.linkedin.com/company/meticulous-research
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