industrial wastewater treatment service Market Share, Size, Growth, Sales Revenue and Key Drivers Analysis Research Report by 2028
The global industrial wastewater treatment service market size is expected to reach USD 31.70 Billion in 2028 and register a steady CAGR over the forecast period, according to latest analysis by Emergen Research. Steady market revenue growth can be attributed to rising need to meet government wastewater quality requirements.
The report considers 2017-2018 as historical years, 2019 as the base year, and 2020-2028 as the forecast timeline. The report offers strategic recommendations to the key stakeholders and investors to help them ascertain maximum returns on their investments and formulate new strategic business plans. The report covers the estimation of key market players, emerging new players, and regional analysis to offer a better understanding of the industrial wastewater treatment service market.
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Competitive Landscape:
Key players in the market include Veolia, SUEZ, Xylem Inc., Ecolab, Thermax Group, Pentair, Evoqua Water Technologies, WOG Technologies, Golder Associates, and SWA Water Australia.
Industries are increasingly adopting industrial wastewater treatment services to meet stringent pretreatment or direct discharge treatment norms and prerequisites, which is expected to drive growth of this market across developed and developing countries. Rising need to convert wastewater into green energy is a key contributing factor to rising utilization of industrial wastewater treatment services.
Furthermore, the report is updated with the changes in the market dynamics and economic scenario due to the COVID-19 pandemic. The report assesses the impact of the pandemic on the overall market and provides a detailed assessment of the present and future impact of the COVID-19 pandemic on the industry.
The comprehensive report addresses the following questions:
Which region is expected to dominate the market over the coming years?
Which application or end-user segment is anticipated to show significant growth over the projected timeline?
What is the impact of the COVID-19 pandemic on the overall market growth?
What are the macro- and micro-economic factors influencing the growth of the market?
What are the recent R&D and technological advancements in the industrial wastewater treatment service market?
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Some Key Highlights From the Report
· In February 2020, Biochemica Water Ltd., which is a water and wastewater treatment specialist, was acquired by water technology expert Veolia Water Technologies UK. The acquisition would support Veolia in becoming one of the leading end-to-end suppliers to municipal and industrial sectors in the UK.
· Filtration segment accounted for largest revenue share in 2020. Industries are increasingly adopting wastewater filtration as it removes all leftover trace amounts of suspended solids from wastewater and allows for proper disposal of contaminants.
· Operation & process control segment revenue is expected to expand at a rapid CAGR during the forecast period. Rapid industrial development in developing countries is driving increasing deployment of operation & process control services in various industries for wastewater treatment.
· Power generation segment accounted for a significantly high revenue share in the industrial wastewater treatment service market in 2020. Rising need to achieve waste minimization goals for water reuse, flue gas desulfurization, or for specific contaminant removal such as for heavy metals is expected to increase utilization of wastewater treatment services.
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Emergen Research has segmented the global industrial wastewater treatment service market on the basis of treatment method, service type, end-use, and region:
· Treatment Method Outlook (Revenue, USD Billion; 2018–2028)
o Filtration
o Disinfection
o Desalination
o Testing
· Service Type Outlook (Revenue, USD Billion; 2018–2028)
o Operation & Process Control
o Design & Engineering Consulting
o Building & Installation
o Maintenance & Repair
o Others
· End-use Outlook (Revenue, USD Billion; 2018–2028)
o Chemical & Pharmaceutical
o Power Generation
o Metals & Mining
o Pulp & Paper
o Oil & Gas
o Others
In-depth Regional Analysis Covers:
North America (U.S., Canada, Mexico)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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