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Rapid Population Growth, Urbanization, and Stringent Water Treatment Regulations Driving the Water and Wastewater Treatment Market

   June 12, 2024

The increasing global population, particularly the urban population, remains a central factor driving industrial expansion. In the coming years, the majority of the world’s population growth is expected to be absorbed by urban areas, particularly in developing regions. Urbanization increases pressure on water sources as populations become more concentrated in specific areas. The development-driven rise in per capita water consumption further increases the demand for water, straining the local water capacity. Thus, population growth is driving an increase in the demand for water and resulting in water pollution and the depletion of water resources.

Although water withdrawal for domestic and municipal use accounts for a modest part of global water use, it is growing rapidly, especially due to population growth in the urban areas of developing countries. With rapid population growth and urbanization, the global demand for water supply and sanitation services is also increasing. According to the World Health Organization, in 2022, 57% of the global population, or 4.6 billion people, used safely managed sanitation services, while 33% (2.7 billion people) used private sanitation facilities connected to sewers from which wastewater was treated. Thus, the significant use of water supply and sanitation services is driving the adoption of water and wastewater treatment technologies globally.

Urbanization accelerates economic development but also places pressure on freshwater resources, increasing the competition for water between cities and agriculture. Moreover, urban waste is likely to result in water contamination due to human excrement, plastics, and chemicals. These factors are driving the need for water and wastewater technologies.

Furthermore, the growing population has led to an increase in industrial production. Most industries heavily depend on water for the processing, cooling, and disposal of waste products. The demand for water in industrial applications is rising due to increased industrialization. Many industries worldwide are facing a water shortage and are increasingly looking for ways to reduce water consumption and reclaim and reuse wastewater. The planned use of treated wastewater can increase resource efficiency and benefit the environment, improving the sustainability of industrial development. Thus, industrialization, population growth, and urbanization are driving the adoption of water and wastewater treatment solutions, supporting market growth.

Conslusion

In the coming years, the majority of the world’s population growth is expected to be absorbed by urban areas, particularly in developing regions. With rapid population growth and urbanization, the global demand for water supply and sanitation services is also increasing. Thus, the significant use of water supply and sanitation services is driving the adoption of water and wastewater treatment technologies globally. Furthermore, the growing population has led to an increase in industrial production. Most industries heavily depend on water for the processing, cooling, and disposal of waste products. The demand for water in industrial applications is rising due to increased industrialization.

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