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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Packaged Wastewater Treatment Market Analysis
The global packaged wastewater treatment market is being driven by the increasing need to treat wastewater to meet the current water demand. The growing population is also aiding the market growth. The world population stands at more than 7.71 billion people. Even though the population has been growing at slower pace, the increasing number of people combined with a lower mortality rate is expected to put stress on the available amount of water resources. Thus, with people seeking alternative water resources, the packaged wastewater treatment industry is finding further impetus for their growth in the forecast period. Currently, the Asia Pacific with the two most populous countries, China and India, is the fastest growing market for the industry.
Membrane-based wastewater treatment processes are most widely accepted. Membrane bioreactor (MBR) is finding extensive use, especially for industrial and municipal uses. It uses a combination of the membrane process, and the biological wastewater treatment process, along with the activated sludge process. The ongoing development in the membrane bioreactor technology is furthering the industry growth.
The growing acceptance of the packaged wastewater treatment solutions is due to their numerous advantages over centralised treatment plants. The decentralised treatment technology requires lower maintenance and are easier to install. They are also more energy efficient than centralised systems. They save on costs as they do not have extensive infrastructural need and save 25% on capital expenditures and 40% on operational expenditures for new installation and upgrades. With multiple decentralised wastewater treatment plants set up, they help mitigate the losses from manmade or natural disasters.
Packaged Wastewater Treatment Market Report Snapshots
Packaged Wastewater Treatment Market Size
Packaged Wastewater Treatment Market Analysis
Packaged 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
The global packaged wastewater treatment market reached a value of about USD 22.26 billion in 2023.
The market is projected to grow at a CAGR of nearly 10.5% in the forecast period of 2024-2032.
The market is estimated to reach a value of approximately USD 54.42 billion by 2032.
The major drivers of the market include the rising disposable incomes, rising urbanisation, and the increasing investments into the treatment of wastewater.
The rising demand for a cost-effective and low maintenance alternative for wastewater treatment is likely to be a key trend for the market.
North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa are the leading regions in the market.
The leading types of packaged wastewater treatment in the industry include extended aeration, moving bed biofilm reactor (MBBR), reverse osmosis (RO), membrane bioreactor (MBR), membrane aerated biofilm reactor (MABR), and sequential batch reactor (SBR), among others.
The significant application segments in the market include industrial and municipal.
The leading players in the market are Fluence Corporation, Clearford Water System Inc., SUEZ Water Technology & Solution, Westech Engineering Inc., Bio-Microbics, Inc., Smith & Loveless Inc., Veolia Water Solutions & Technologies, and Organica Water, Inc., among others.
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