Waterwaste Treatment Industry Outlook

The global industrial wastewater treatment market was valued at $10.6B last year, and industry experts expect this figure to reach $16.6B by 2026 – at a compound annual growth rate (CAGR) of 5.8%. The global market is propelled by factors such as diminishing freshwater resources and stringent regulations related to emissions and treatment of industrial waste. Industries such as food, petroleum refining, textile dying, and power plants are some of the main contributors to industrial wastewater.

Over recent years, new water recycling and process technologies have begun emerging, some include membrane bioreactors, wastewater monitoring and control systems, and granular sludge treatment processes using engineered microbial structures. Increasingly stringent wastewater discharge controls and tighter water quality requirements, nutrient removal, trouble maintaining complicated systems while keeping prices down are the major hindrances for the industrial wastewater treatment market.

Key Industry Statistics

North America (35.5%) is expected to be the largest player in the industry, owing to the presence of huge infrastructure in the oil and gas sector, mining and strict regulations against wastewater treatment. Europe is the second largest accounting for 31.2%.
The largest segment of the wastewater treatment industry goes to power generation, which accounts for 62% of the total market share. Mining holds 30.6%, while chemicals hold 7.4%.
Elsewhere, coagulants are anticipated to register the highest growth rate in the industry, at a rate of 6.4% through to 2026.

Water infrastructure has experienced several ups and downs. While the majority of market stakeholders were interested in business collaborations, natural disasters created a range of problems for water treatment manufacturers. Most of the top players have become focused on integration of advanced technologies to develop smarter and more effective solutions for water treatment and management.

The value chain for water and wastewater treatment equipment market is expected to witness changes in terms of investments, innovations, advancements and business opportunities. New technologies, business models and technologies are expected to be introduced, especially to support the changing requirements for water treatment.

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