JERSEY CITY, N.J., May 21, 2024 /PRNewswire/ -- InsightAce Analytic
Pvt. Ltd. announces the release of a market assessment report on
the "Global Tertiary Water and Wastewater Treatment
Technologies Market- By Type (Membrane Filtration, UV Radiation,
Chlorination, Ozonization, Activated Carbon, Ion Exchange,
Electrochemical Water Treatment Technology and Others), By
Application (Municipal and Industrial)) Trends, Industry
Competition Analysis, Revenue and Forecast To 2031."
According to the latest research by InsightAce Analytic, the
Global Tertiary Water and Wastewater Treatment Technologies
Market is valued at US$ 19.6 Bn in 2023, and it
is expected to reach US$ 65.9 Bn
by 2031, with a CAGR of 16.6% during the forecast
period of 2024-2031.
Tertiary Water and Wastewater Treatment Technologies Market
Report Scope:
Report
Attribute
|
Specifications
|
Market Size Value In
2023
|
USD 19.6 Bn
|
Revenue Forecast In
2031
|
USD 65.9 Bn
|
Growth Rate
CAGR
|
CAGR of 16.6% from 2024
to 2031
|
Quantitative
Units
|
Representation of
revenue in US$ Mn and CAGR from 2024 to 2031
|
Historic
Year
|
2019 to 2023
|
Forecast
Year
|
2024-2031
|
Report
Coverage
|
The forecast of
revenue, the position of the company, the competitive market
structure, growth prospects, and trends
|
Segments
Covered
|
By Type, By Application
and By Region
|
Regional
Scope
|
North America; Europe;
Asia Pacific; Latin America; Middle East & Africa
|
Country
Scope
|
U.S.; Canada; U.K.;
Germany; China; India; Japan; Brazil; Mexico; France; Italy; Spain;
South East Asia; South Korea
|
Request for Free Sample
Pages: https://www.insightaceanalytic.com/request-sample/2481
Tertiary water and wastewater treatment technologies are the
last step in water treatment. It entails treating potable and
wastewater to meet particular standards before they are released
into the natural world. The demand for tertiary water and
wastewater treatment technologies is expected to increase
throughout the forecast period due to the stringent government laws
that have primarily increased various tertiary water and wastewater
treatment activities worldwide.
The increased government measures to supply safe drinking water
will likely have a favorable effect on the market growth throughout
the forecast period. Moreover, rising cases of water-related
illnesses, a shortage of freshwater supplies, and fast urbanization
are all factors driving this industry forward. However, Market
expansion is hindered by the high installation, maintenance, and
operation costs. This industry is anticipated to have substantial
growth due to the increasing need for water treatment technologies
that are both energy-efficient and technologically advanced.
However, there are obstacles to market expansion associated with
replacing and modernizing outdated water infrastructure.
List of Prominent Players in the Tertiary Water and
Wastewater Treatment Technologies Market:
- Suez Environment S.A.
- Veolia Environment SA
- Xylem, Inc.
- DuPont de Nemours, Inc.
- Evoqua Water Technologies Corporation
- 3M Company, Inc.
- Pentair plc
- Calgon Carbon Corporation
- Kurita Water Industries, Ltd.
- Bio-Microbics, Inc.
- ASIO, spol. S r.o.
- Scinor Water America, LLC
- Elgressy Engineering Services Ltd.
- Outotec Oyj
- Blue Eden CleanTech Solutions, Inc.
- Membracon Ltd.
- Lamor Corporation Ab
- Ozone Tech Systems
Market Dynamics:
Drivers:
The growing demand for tertiary water and wastewater treatment
technologies because municipalities and industries are adopting
tertiary treatment methods due to the increased water quality
standards mandated by strict environmental regulations around the
world is driving the market growth. Moreover, there is a growing
need for efficient water reusing and recycling practices due to the
worsening water scarcity problems caused by climate change
population increase and rapid urbanization and industry in emerging
countries; wastewater amounts are on the rise, requiring the demand
for tertiary water and wastewater treatment technologies which is
driving the market growth.
Challenges:
Tertiary water and wastewater treatment technologies market
growth is slowing down due to many businesses and governments,
particularly in underdeveloped areas with limited budgets, are not
able to afford the high upfront and ongoing expenses of advanced
tertiary water and wastewater treatment technologies.
Furthermore, new technology implementations can be hindered by
regulatory hurdles. Some areas have lengthy and complicated
approval procedures for new tertiary water and wastewater treatment
technologies, which is preventing their widespread use.
Additionally, there are competing technologies for water treatment
that have lower initial costs.
Regional Trends:
The North American tertiary water and wastewater treatment
technologies market is anticipated to register a major market share
in revenue. It is projected to grow at a high CAGR in the near
future because of fast-paced urbanization and population growth,
the growing need for advanced water treatment for homes, new
membrane technologies, worsening environmental conditions, scarcity
of water resources, and mounting investments in water
infrastructure by public sector organizations, which are factors
expected to increase the growth of the market in the region.
Besides, Europe had a
substantial share in the market due to the increasingly urbanized
population, robust industrial sector, and strict environmental
rules, all of which call for effective water management strategies
to grow the global tertiary water and wastewater treatment
technologies market.
Curious About This Latest Version of The Report? Enquiry
Before Buying:
https://www.insightaceanalytic.com/enquiry-before-buying/2481
Recent Developments:
- In March 2024, Veolia
reached a new benchmark in treating per- and poly-fluoroalkyl
substances (PFAS) pollutants in Americans' drinking water at over
30 locations. This rule essentially states that no regulated PFAS
compounds are present in any detectable concentrations.
- In April 2024, ENGIE and
SUEZ, two global leaders in energy transition and environmental
services, respectively, signed their first two corporate PV power
purchase agreements. These agreements pertain to the electricity
produced by the photovoltaic plants owned by ENGIE and located in
SUEZ's Gueltas non-hazardous waste storage facility.
For More Customization @
https://www.insightaceanalytic.com/customisation/2481
Segmentation of Global Tertiary Water and Wastewater
Treatment Technologies Market-
Global Tertiary Water and Wastewater Treatment Technologies
Market- By Type
- Membrane Filtration
- UV Radiation
- Chlorination
- Ozonization
- Activated Carbon
- Ion Exchange
- Electrochemical Water Treatment Technology
- Others
Global Tertiary Water and Wastewater Treatment Technologies
Market- By Application
- Municipal
- Industrial
- Manufacturing
- Pharmaceuticals and Chemicals
- Power
- Energy
- Pulp and Paper
- Mining
- Petrochemicals
- Semiconductors
- Others
Global Tertiary Water and Wastewater Treatment Technologies
Market- By Region
North America-
Europe-
- Germany
- The UK
- France
- Italy
- Spain
- Rest of Europe
Asia-Pacific-
- China
- Japan
- India
- South Korea
- South East Asia
- Rest of Asia Pacific
Latin America-
- Brazil
- Argentina
- Rest of Latin America
Middle East & Africa-
- GCC Countries
- South Africa
- Rest of the Middle East and
Africa
Why should buy this report:
- To receive a comprehensive analysis of the prospects for global
tertiary water and wastewater treatment technologies market
- To receive industry overview and future trends of global
tertiary water and wastewater treatment technologies market
- To analyze the tertiary water and wastewater treatment
technologies market drivers and challenges
- To get information on the tertiary water and wastewater
treatment technologies market size value (US$ Mn) forecast till
2031
- Major investments, mergers & acquisition in global tertiary
water and wastewater treatment technologies market industry
Other Related Reports Published by InsightAce
Analytic:
Water Treatment Chemicals Market
Water Treatment Biocides Market
Partially Hydrolyzed Polyacrylamide (PHPA) Market
Smart Water Metering Market
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