Wastewater Treatment Services Market Analysis, Emerging Trend | Leading Players and Future Prospect till 2027
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Rapid industrial development and growth of population in developing economies are driving the global wastewater treatment services market.
VANCOUVER, BC, CANADA, June 27, 2022 /EINPresswire.com/ -- The global wastewater treatment services market would reach value of USD 78.13 Billion by 2027, according to a current analysis by Emergen Research. This growth of the market can be attributed to the need for eliminating harmful organisms and disease-causing bacteria from wastewater. Major market players are offering advanced wastewater treatment services designed to meet the challenges of treating wastewater effectively. Advanced wastewater treatment services offer smarter aeration, advanced filtration, and chemical-free disinfection, which are expected to drive the market during the forecast period.
Industrial entities and municipal corporations are increasingly utilizing zero-liquid discharge, which drives the demand for wastewater treatment services. The zero-liquid discharge treatment is highly beneficial for municipal corporations and industrial entities, as it minimizes the amount of wastewater that requires treatment. Also, the wastewater is processed in an economically feasible way, producing a clean stream that is suitable for reuse elsewhere.
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Major Players/Manufacturers profiled in the report are:
Xylem Inc., Ecolab, Veolia, SUEZ, Pentair, Thermax, Buckman Laboratories International, Inc., Evoqua Water Technologies LLC, Kurita Water Industries, and Golder Associates
Some Key Highlights from the Report
In September 2020, Evoqua Water Technologies LLC, a pioneer in the management of critical water treatment solutions, declared to have purchased Aquapure Technologies, a water supply & equipment firm located in Ohio, the U.S. This deal is intended to improve the service capability of Evoqua Water Technologies LLC in Ohio as well as the outlying areas.
The municipal segment held the largest market share of 57.3% in 2019. Advanced wastewater treatment services offered by major market players, such as chemical-free disinfection and advanced filtration, are increasingly being adopted by municipal corporations.
The operation & process control segment is anticipated to expand at the most rapid CAGR of 7.0% during the forecast period. Rising requirement of the industrial sector and municipal corporations to remove suspended solids before the effluent is discharged back to the environment in an economically feasible manner has driven the demand for facility operations, parameters monitoring, and routine maintenance.
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The report, additionally, offers a comprehensive SWOT analysis and Porter’s Five Forces analysis to offer a better understanding of the competitive landscape of the industry. It also covers strategies adopted by prominent players such as mergers and acquisitions, collaborations, joint ventures, product launches, and brand promotions, among others. The report aims to offer the readers a holistic understanding of the relevant features of the industry.
Emergen Research has segmented the global wastewater treatment services market in terms of end-use, service type, and region:
End-use Outlook (Revenue, USD Billion; 2017–2027)
Industrial
Municipal
Service Type Outlook (Revenue, USD Billion; 2017–2027)
Building & Installation Service
Maintenance & Repair
Design & Engineering Consulting
Operation & Process Control
Others
The regional analysis states the global market is bifurcated into North America, Europe, Latin America, Asia-Pacific, and Middle East & Africa. The report also covers import export consumption, supply and demand ratio, cost, pricing analysis, gross margin, and revenue estimation of each player in each region. The report also offers a country-wise analysis of the key regions to offer a better understanding of the global market.
Regional Segmentation Covers:
North America (U.S., Canada, Mexico)
Europe (U.K., Italy, Germany, France, Rest of Europe)
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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The report further sheds light on the strength, weaknesses, opportunities, and threats faced by the companies in the global Wastewater Treatment Services market and additionally measures the feasibility and investment return analysis in the report. Furthermore, the report is furnished with the latest impact of the COVID-19 pandemic on the market and covers the initial and future assessment of the COVID-19 impact on the market. The report is a qualitative and quantitative assessment of the global Wastewater Treatment Services market that has been formulated by extensive primary and secondary research with the data further validated from industry experts and professionals.
Key Reasons to Buy This Report:
The report presents a thorough examination of the Wastewater Treatment Services market, elaborating on its core segments. The report conducts historical and future assessments of the market dynamics and offers precise data in a well-organized order.
The report evaluates the most prominent market growth potentials, dynamic market trends, driving factors, restraints, investment opportunities, and threats.
The report is inclusive of an in-depth study of the industry variables, manufacturers’ value chain, sales volume, market share, competitive landscape, and effective business tactics.
The report further identifies the key regions and segments dominating the market. These regions are foreseen to register fast-paced growth over the forecast duration.
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The global wastewater treatment services market would reach value of USD 78.13 Billion by 2027
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