The Future of Industrial Wastewater Treatment has ArrivedThe Future of Industrial Wastewater Treatment has Arrived

 The Industrial Wastewater Treatment Market is expected to reach a value of USD 78 billion by 2028, at a CAGR of 6.8% during the forecast period 2021–2028. Increasing industrialization and urbanization, declining freshwater resources, increasing energy demand across the globe, rising focus on water quality and public health, increasing prevalence of water-borne diseases, rising industrial demand, and stringent governmental regulations on treating industrial wastewater are the key factors driving the growth of the industrial wastewater treatment market. The growing focus on industrial wastewater treatment in countries such as the U.S., China, and India provides significant growth opportunities for market players in the coming years.

 

 

The Impact of COVID-19 on the Industrial Wastewater Treatment Market

 

 

The COVID-19 pandemic has severely impacted many economies around the globe. The pandemic has affected more than 100 countries infecting more than 181,344,224 people and killing 3,934,252 as of 30th June 2021 (Source: World Health Organization). As a measure to control the spread of this disease and to avoid its associated consequences, governments across the globe have announced partial or complete lockdowns, majorly impacting many manufacturing and service industries, including industrial wastewater treatment.

 

The outbreak of COVID-19 is projected to slow down investments in the water sector worldwide. It has also increased the importance of operational reliability due to the cost of disruption. Many large users of water have downscaled or reduced activities, resulting in declining industrial demand. A decline in demand from large industrial users due to lockdowns and travel restrictions will significantly reduce the revenues of water utilities. A survey by the Global Water Leaders Group estimates that the industrial water demand will fall by an average of 27% due to COVID-19. Deeper revenue losses are expected across the whole water supply chain, including operators, technology companies, contractors, chemical suppliers, and consultants.

 

Operational continuity and flexibility are key to keep essential water and sanitation services running, while also pushing forward with ongoing construction projects. Many governments identified people working in the water and sewerage industry as essential workers, enabling utilities to maintain the continuity of service. However, social distancing protocols mean that utilities can only retain operationally critical staff onsite. Moreover, operations could be affected due to the increased risk of infection among utility staff. Supply chain and logistics disruptions have also been reported. This scenario has lowered the demand for industrial wastewater treatment.

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Declining freshwater resources drive the demand for industrial wastewater treatment

 

 

According to the United Nations World Water Development Report (2018), as the global demand for water increases, freshwater availability in many regions is likely to decrease because of climate change. Water is the driving force of nature; unfortunately, supplies are now running dry at an alarming rate. The world’s population continues to soar, but freshwater supplies have not increased in the same proportion. Also, nearly 6 billion people will suffer from clean water scarcity by 2050. This results from increasing water resources, reducing water resources, and increasing pollution of water, driven by dramatic population, industrialization, and economic growth.

 

Moreover, the rise in water pollution has led to a decline in freshwater availability for various industrial processes such as processing, washing, diluting, and cooling. The increasing depletion of freshwater sources coupled with industrialization and pollution has resulted in a water crisis in many parts of the world, especially in under-developed and developing countries. Therefore, such a water crisis is expected to significantly boost the industrial wastewater treatment market in the next few years.

 

 

Key Findings in the Industrial Wastewater Treatment Market Study:

 

 

The membrane separation segment to dominate the industrial wastewater treatment market in 2021

 

 

The membrane separation segment is estimated to account for the largest share of the industrial wastewater treatment market in 2021. The large share of this segment is mainly attributed to the rising demand for low energy-consuming water treatment processes, growing emphasis on reducing the use of chemicals in water treatment, and effective purification and reduced cost of operations offered by membrane filtration technology.

 

 

The energy segment is projected to grow at the highest CAGR during the forecast period

 

 

Based on application, the industrial wastewater treatment market is segmented into food & beverages, pharmaceuticals and chemicals, power, energy, pulp & paper, mining, petrochemicals, semiconductors, and other industrial applications. The food & beverages segment is estimated to account for the largest share of the industrial wastewater treatment market in 2021. The large share of this segment is mainly attributed to the growing global population, rapid urbanization, and growing food & beverages production. However, the energy segment is expected to grow at the highest CAGR during the forecast period. The rapid growth of this segment is mainly attributed to the rising demand for clean water and energy.

 

 

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Asia-Pacific to be the fastest-growing regional market

 

 

The Asia-Pacific region is estimated to account for the largest share of the industrial wastewater treatment market in 2021, followed by North America, Europe, Latin America, and the Middle East & Africa. The large share of this region is primarily attributed to the increasing population, growing manufacturing, pulp & paper, and power generation industries, declining availability of clean water, growing research and development expenditures, and increasing environmental regulations regarding industrial wastewater in the region, especially in developing countries such as China and India. China is expected to dominate the Asia-Pacific market through 2028, mainly due to its huge population base and industrialization and significant wastewater discharge. However, it is also expected to witness the fastest growth during the forecast period.

 

 

Key Players

 

 

The report includes a competitive landscape based on an extensive assessment of the key strategies adopted by the leading market participants in the industrial wastewater treatment market over the last four years. The key players profiled in the industrial wastewater treatment market are Suez Environnement S.A. (France), Xylem, Inc. (U.S.), DuPont de Nemours, Inc. (U.S.), Evoqua Water Technologies Corporation (U.S.), 3M Company, Inc. (U.S.), Pentair plc (U.K.), United Utilities Group P.L.C. (U.K.), Kingspan Water & Energy (U.K.), The Dow Chemical Company (U.S.), Kemira Oyj (Finland), BASF SE (Germany), Calgon Carbon Corporation (U.S.), Kurita Water Industries Ltd. (Japan), Bio-Microbics, Inc. (U.S.), Trojan Technologies Inc. (Canada), Aquatech International Corporation (U.S.), ASIO, spol. s r.o. (Czech Republic), Orenco Systems, Inc. (U.S.), Scinor Water America, L.L.C. (U.S.), Elgressy Engineering Services Ltd. (Israel), Outotec Oyj (Finland), Blue Eden CleanTech Solutions Inc. (Canada), Solenis (U.S.), Aries Chemical, Inc. (U.S.), Thermax Limited (India), and Lenntech B.V. (Netherlands).

 

 

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Scope of the Report

 

 

Industrial Wastewater Treatment Market, by Technology

 

 

· Membrane Separation

 

· Reverse Osmosis (RO) Membrane Technology

 

· Ultrafiltration (UF) Membrane Technology

 

· Micro-Filtration (MF) Membran Technology

 

· Nano-Filtration (NF) Membran Technology

 

· Other Membrane Separation Technologies

 

· Activated Sludge

 

· Clarification

 

· Sludge Thickening and Dewatering

 

· Wastewater Pre-Treatment

 

· Chlorination

 

· Industrial Demineralization

 

· Sludge Drying

 

· Membrane Bio-reactor (MBR)

 

· Sludge Digestion

 

· Sludge Incineration

 

· Ozonization

 

· Activated Carbon

 

· Electrochemical Water Treatment (EEC/EEO)

 

· Electrochemical Scale Treatment System (E.S.T)

 

· Other Treatment Technologies

 

 

Industrial Wastewater Treatment Market, by Application

 

 

· Food & Beverages

 

· Pharmaceuticals and Chemicals

 

· Power

 

· Energy

 

· Pulp and Paper

 

· Mining

 

· Petrochemicals

 

· Semiconductors

 

· Other Industrial Applications

 

 

Industrial Wastewater Treatment Market, by Geography

 

 

· North America

 

· U.S.

 

· Canada

 

· Mexico

 

· Europe

 

· France

 

· Germany

 

· U.K.

 

· Italy

 

· Spain

 

· Poland

 

· Belgium

 

· Switzerland

 

· Denmark

 

· Sweden

 

· Rest of Europe (RoE)

 

· Asia-Pacific (APAC)

 

· China

 

· Japan

 

· India

 

· Indonesia

 

· Australia

 

· South Korea

 

· Malaysia

 

· Thailand

 

· Vietnam

 

· Philippines

 

· Singapore

 

· Taiwan

 

· New Zealand

 

· Rest of Asia-Pacific (RoAPAC)

 

· Rest of the World

 

· Latin America

 

· Brazil

 

· Chile

 

· Argentina

 

· Rest of Latin America (RoLATAM)

 

· Middle East & Africa

 

· Saudi Arabia

 

· UAE (United Arab Emirates)

 

· Kuwait

 

· Iran

 

· South Africa

 

· Rest of the Middle East (RoME)

 

 

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Key Questions Answered in the Report-

 

· Which are the high growth market segments in terms of technology, application, and geography?

 

· What is the historical market size for industrial wastewater treatment across the globe?

 

· What are the market forecasts and estimates for the period 2021–2028?

 

· What are the major drivers, restraints, opportunities, and challenges in the industrial wastewater treatment market?

 

· Who are the major players in the market, and what are their market shares?

 

· Who are the major players in various countries, and what are their market shares?

 

· How is the competitive landscape for the industrial wastewater treatment market?

 

· What are the recent developments in the industrial wastewater treatment market?

 

· What are the different strategies adopted by the major players in the market?

 

· What are the key geographic trends, and which are the high-growth countries?

 

· Who are the local emerging players in the industrial wastewater treatment market, and how do they compete with other players?

 

 

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