Water and Wastewater Treatment Market to be Worth $1,024.8 Billion by 2033

Water and Wastewater Treatment Market by Type (Wastewater Treatment, Water Treatment), Offering (Treatment Technology, Treatment Chemicals), Application (Municipal, Industrial), and Geography - Global Forecast to 2033

Meticulous Research^®—a leading global market research company, published a research report titled, Water and Wastewater Treatment Market by Type (Wastewater Treatment, Water Treatment), Offering (Treatment Technology, Treatment Chemicals), Application (Municipal, Industrial), and Geography - Global Forecast to 2033.'

According to this latest publication from Meticulous Research^®, the water and wastewater treatment market is projected to reach $1,024.8 billion by 2033, at a CAGR of 5.9% from 2024–2033. The growth of the water and wastewater treatment market is driven by rapid population growth, urbanization, stringent water treatment regulations, the lack of freshwater resources, and the increasing prevalence of waterborne diseases. However, the high costs of installing, maintaining, and operating water and wastewater treatment infrastructure restrain the growth of this market. Furthermore, the rising demand for energy-efficient and advanced water treatment technologies is expected to generate growth opportunities for market players. However, upgrading and repairing aging water infrastructure is a major challenge in the water and wastewater treatment market.

The water and wastewater treatment market is segmented by type (wastewater treatment and water treatment), offering (treatment technologies; treatment chemicals; process control and automation; design, engineering, and construction services; and operation and maintenance services), application (municipal applications and industrial applications), and geography. The study also evaluates industry competitors and analyses the market at the country and regional levels.

Based on type, the water and wastewater treatment market is segmented into wastewater treatment and water treatment. In 2024, the wastewater treatment segment is expected to account for a larger share of 63.0% of the water and wastewater treatment market. The large market share of this segment is attributed to the rising focus on water quality and public health, the growing prevalence of water-borne diseases and stringent governmental regulations, and the rising expansion of industrialization and urbanization. Also, this segment is expected to register the highest CAGR during the forecast period.

Based on offering, the water and wastewater treatment market is segmented into treatment technologies, treatment chemicals, process control and automation, design, engineering, and construction services, and operation and maintenance services. In 2024, the operation & maintenance services segment is expected to account for the largest share of 39.5% of the water and wastewater treatment market. The segment’s large market share is attributed to the growing need to ensure the production of the desired quality and quantity of treated water, the increasing complexities of water and wastewater treatment facilities, and the adoption of innovative solutions and stringent regulatory standards.

However, the process control & automation segment is projected to register the highest CAGR during the forecast period. The growth of this segment is attributed to the rising concerns regarding water scarcity, declining water quality, rising expenses associated with water supply, and the growing digitalization facilitated by advanced data analysis programs.

Based on application, the water and wastewater treatment market is segmented into municipal applications and industrial applications. In 2024, the municipal applications segment is expected to account for the larger share of 69.0% of the water and wastewater treatment market. The segment’s large market share is attributed to the increasing challenge faced by municipalities in providing safe drinking water to their communities, the rising global population, advancements in treatment processes enabling wastewater recycling for reuse, and the growing adoption of advanced technologies for wastewater treatment, drinking-water production, and trace contaminant removal.

However, the industrial applications segment is expected to register a higher CAGR during the forecast period. The growth of this segment is attributed to increasing industrialization and urbanization, declining freshwater resources, increasing energy demand across the globe, stringent governmental regulations on treating industrial wastewater, and a rising focus on water quality and public health.

Based on geography, the water and 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 account for the largest share of 42.6% of the water and wastewater treatment market, followed by North America, Europe, Latin America, and the Middle East & Africa. The market growth in Asia-Pacific is driven by the growing need for the advanced treatment of residential water, advances in membrane technology, increased environmental deterioration, declining availability of clean water, increasing public-sector investment in water infrastructure, and growing research & development expenditures.

However, the Asia-Pacific region is projected to record the highest CAGR of 6.4% during the forecast period.

Key Players

The key players operating in the water and wastewater treatment market SUEZ S.A. (France), Veolia Environnement (France), Xylem Inc. (U.S.), DuPont de Nemours, Inc. (U.S.), 3M Company (U.S.), Pentair plc (U.K.), Kingspan Group plc (U.K.), Dow Inc. (U.S.), BASF SE (Germany), Kurita Water Industries, Ltd. (Japan), BioMicrobics, Inc (U.S.), Calgon Carbon Corporation (U.S.), Trojan Technologies (Canada), Kemira Oyj (Finland), Thermax Limited (India), Wog Technologies (Singapore), WSP Global Inc. (Canada), SWA Water Australia (Australia), Burns & McDonnell (U.S.), Adroit Associates Private Limited (India), Sauber Environmental Solutions Pvt. Ltd. (India), SPEC INDIA (India), Ecolab, Inc. (U.S.), GFL Environmental Inc. (Canada), and Clean TeQ Water Limited (Australia).

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Key Questions Answered in the Report:

Which are the high-growth market segments in terms of type, offering, application, and geography?
What is the historical market size for the water and wastewater treatment market?
What are the market forecasts and estimates for 2024–2033?
What are the major drivers, restraints, opportunities, challenges, and trends in the water and wastewater treatment market?
Who are the major players in the water and wastewater treatment market, and what are their market shares?
What is the competitive landscape like?
What are the recent developments in the water and wastewater treatment market?
What are the different strategies adopted by major market players?
What are the trends and high-growth countries?
Who are the local emerging players in the water and wastewater treatment market, and how do they compete with other players?

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