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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Growing Energy Demand to Augment the Market Growth of Industrial Wastewater Treatment
The energy demand is rising worldwide, especially in developing economies like China and India. By applying technologies such as hydraulic fracturing and horizontal drilling that drive the demand for oil and gas reserves, natural gas resources have increased by double in the previous decade. As a result, the generation of wastewater has increased, and, in turn, the demand for industrial wastewater treatment systems has increased. The growth of global energy demand will, therefore, boost the growth of the industrial wastewater treatment market.
In addition, advanced industrial wastewater treatment technology has appeared in the market to enhance wastewater treatment. Many technologies include industrial wastewater treatment, like MBR, RO desalination, and membrane-based fuel cells. The leading suppliers in the market are launching new technologies, which comply with the’ treat-to-discharge’ disciplines of recycling, reuse, and non-liquid dumping. Such advanced technology systems are expected to offer efficient wastewater treatment and subsequently increase the market share of the associated industrial wastewater treatment equipment.
Industrial Wastewater Treatment Market Report Snapshots
Industrial Wastewater Treatment Market Size
Industrial Wastewater Treatment Market Growth
Industrial Wastewater Treatment Companies
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
In 2023, the global industrial wastewater treatment market attained a value of nearly USD 14.15 billion.
The market is projected to grow at a CAGR of 6.4% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach about USD 20.49 billion by 2032.
The major drivers of the market are rising disposable incomes, increasing population, rising industrialisation and urbanisation, and the growth of the global energy demand.
The key trends guiding the market growth include the growing concern regarding discharge of untreated industrial wastewater into water bodies and the launch of new technologies which comply with the ‘treat-to-discharge’ disciplines of recycling, reuse, and non-liquid dumping.
The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
Coagulants, flocculants, corrosion inhibitors, scale inhibitors, biocides and disinfectants, chelating agents, anti-foaming agents, and PH stabilizers, among others, are the leading types of industrial wastewater treatment in the market.
Power generation, oil and gas, mining, chemical, and food and beverage, among others, are the significant end uses in the global industrial wastewater treatment market.
The major players in the market are Solenis, Ecolab, Suez, Kemira OYJ, SNF Floerger, Feralco Group, and Ixom, among others.
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