The Wastewater Treatment Plant Market is being driven by Increasing wastewater treatment projects
The Wastewater Treatment Plant Market is expected to grow at a CAGR of 7% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 53.2 billion. The global wastewater treatment market is experiencing a significant trend towards inorganic growth strategies, with companies increasingly turning to mergers and acquisitions (M&A) to expand their market reach, enhance capabilities, and integrate advanced technologies. In line with this trend, Kurita Europe GmbH announced the acquisition of Arcade Engineering Group (AEG) from Arcade Holding SAS in July 2023. This strategic move saw Kurita acquire 100% of the outstanding shares of Arcade Engineering GmbH, Arcade Engineering AG, Arcade Industrie SAS, and Arcade Engineering Pte Ltd. AEG, a leading player in designing and installing water treatment and processing plants, particularly for the semiconductor industry, brings valuable expertise to Kurita's portfolio, bolstering its market position and expanding its service offerings.
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The market is segmented based on
According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows:
However, the market also witnesses some limitations, which are as follows:
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Market Scope |
|
Report Coverage |
Details |
Page number |
227 |
Base year |
2024 |
Historic period |
2019-2023 |
Forecast period |
2025-2029 |
Growth momentum & CAGR |
Accelerate at a CAGR of 7% |
Market growth 2025-2029 |
USD 53.2 billion |
Market structure |
fragmentation |
YoY growth 2024-2025(%) |
6.1 |
Key countries |
US, China, India, Germany, Japan, UK, Canada, Australia, Russia, and France |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
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The Wastewater Treatment Plant market encompasses technologies and processes such as biosolids management, grit removal, headworks design, coagulation-flocculation, and sedimentation tanks for wastewater treatment. Key processes include chlorination, pH control, sludge digestion, and stabilization, as well as advanced techniques like nitrification-denitrification, trickling filters, and membrane separation. Microbial ecology plays a crucial role, with microbial consortia and process optimization essential for efficient treatment. Additional processes include oxidation ditches, pumping systems, effluent discharge limits, zero liquid discharge, and water reclamation. Air stripping and solids reduction are other important aspects of the market.
The global environmental and facilities services market, encompassing companies offering environmental and facilities maintenance solutions, is experiencing significant growth. Key drivers include the increasing prioritization of sustainability and environmental stewardship. Within this market, the wastewater treatment sector is a notable segment, with technologies such as activated sludge process, aeration system design, anaerobic digestion, and bioaugmentation strategies gaining traction. These approaches enhance wastewater treatment efficiency and reduce environmental impact, aligning with the market's emphasis on eco-friendly solutions. Technavio's market analysis underscores this trend, estimating the global market size based on the consolidated revenue generated by companies providing waste management, facilities management, and pollution control services, including wastewater treatment solutions employing the aforementioned technologies.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.
Technavio Research
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