Shibuya-ku, Tokyo, Japan, Japan, Jul 20, 2021, 04:29 /Comserve / -- The wastewater treatment services market is estimated to grow from USD 48.5 billion in 2019 to USD 65.1 billion by 2024, at a CAGR of 6.1%.
The wastewater treatment services market is estimated to grow from USD 48.5 billion in 2019 to USD 65.1 billion by 2024, at a CAGR of 6.1%. Growing municipal waste, expanding manufacturing industry, urbanization, and regulatory requirements are the primary drivers of the wastewater treatment services market. Initiatives by manufacturing industries and state bodies for low waste generation and growing awareness about new water treatment technologies are some of the factors which are likely to boost the wastewater treatment services market.'
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"The Final Report will cover the impact analysis of COVID-19 on this industry (Wastewater Treatment Services Market by Type, End User, and Region - Global Forecast to 2024)
Power generation expected to be the fastest-growing segment of the wastewater treatment services market, in terms of value, between 2019 and 2024
The power generation segment is expected to witness the highest growth in terms of value during the forecast period. Power generation is one of the largest consumers of water, globally. Hence, wastewater treatment is an important topic for this industry to ensure compliance with guidelines set by environmental agencies. The treatment of hazardous contaminants, such as nitrate, selenium, arsenic, and mercury in the wastewater from a flue gas desulfurization system is a challenging task.
The power industry is striving to increase efficiency by increasing the temperature and pressure parameters. The supercritical power plants are challenging the metallurgical limits for temperature and pressure. The water needed in the industry is in boilers, feedwater heaters, superheaters, turbines, condensers, and cooling towers. The heater tubes and heat exchangers in power plants are highly susceptible to corrosion, as they are always in contact with water, either in its liquid form or as steam. Therefore, advanced wastewater treatment technologies and efficient services are being used in all modern power generation plants to mitigate this challenge.
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"The Final Report will cover the impact analysis of COVID-19 on this industry (Wastewater Treatment Services Market by Type, End User, and Region - Global Forecast to 2024)
Major drivers of the market in the region are growing concerns regarding water scarcity and increasing reuse and recycling of water. It is also the fastest-growing wastewater treatment services market. The growth of the market in this region is attributed primarily to the presence of substantial industrial infrastructure in China, India, Japan, Indonesia, and other APAC countries. Growing population and increasing disposable income of the population is boosting the municipal wastewater treatment services market.
• By Company Type: Tier 1 - 67%, Tier 22%, and Tier 11%
• By Designation: C-Level - 11%, D Level-16% , Others 73%
• By Region: North America - 25%, Europe - 28%, APAC - 22%, South America - 15%, Middle East & Africa - 10%,
Note : Other designations include sales managers, marketing managers, and product managers.
The key players profiled in the report include as Veolia (France), SUEZ (France), Xylem (U.S.), Ecolab (U.S.), Evoqua Water Technologies (U.S.), Thermax Group (India), WOG Group (U.S.), Golder Associates (Canada), SWA Water Holdings (Australia), and Envirosystems (Canada).
Research Coverage
This report segments the market for wastewater treatment services based on services type, end-use industry, and region, and provides estimations for the overall market size across various regions. A detailed analysis of key industry players has been conducted to provide insights into their business overviews, services, key strategies, associated with the market for wastewater treatment services.
Reasons to Buy this Report
This research report is focused on various levels of analysis — industry analysis (industry trends), market share analysis of top players, and company profiles, which together provide an overall view on the competitive landscape; emerging and high-growth segments of the wastewater treatment services market; high-growth regions; and market drivers, restraints, and opportunities.
The report provides insights on the following pointers:
• Market Penetration: Comprehensive information on wastewater treatment services offered by top players in the global market
• Market Development: Comprehensive information about lucrative emerging markets — the report analyzes the markets for wastewater treatment services across regions
• Market Diversification: Exhaustive information about new products, untapped regions, and recent developments in the global wastewater treatment services market
• Competitive Assessment: In-depth assessment of market shares, strategies, products, and manufacturing capabilities of leading players in the wastewater treatment services market
TABLE OF CONTENTS
1 INTRODUCTION 16
1.1 OBJECTIVES OF THE STUDY 16
1.2 MARKET DEFINITION 16
1.3 MARKET SCOPE 17
1.3.1 MARKET SEGMENTATION 17
1.4 YEARS CONSIDERED FOR THE STUDY 18
1.5 CURRENCY 18
1.6 LIMITATIONS 18
1.7 STAKEHOLDERS 19
2 RESEARCH METHODOLOGY 20
2.1 RESEARCH DATA 20
2.1.1 PRIMARY DATA 21
2.1.2 BREAKDOWN OF PRIMARY INTERVIEWS 21
2.1.3 KEY INDUSTRY INSIGHTS 22
2.1.4 SECONDARY DATA 23
2.2 BASE NUMBER CALCULATION 23
2.2.1 DEMAND SIDE APPROACH FOR-MARKET SIZE CALCULATION METHODOLOGY (VALUE MARKET) 24
2.2.2 DEMAND SIDE APPROACH MARKET ASSUMPTIONS 24
2.2.3 SUPPLY-SIDE ANALYSIS 25
2.2.3.1 Calculation 25
2.3 MARKET SIZE ESTIMATION 25
2.3.1 BOTTOM-UP APPROACH 25
2.3.2 TOP-DOWN APPROACH 26
2.3.3 FORECAST 26
2.3.3.1 Wastewater Treatment Services market: Factors Considered for Estimation and Forecasting 26
2.4 ASSUMPTIONS 27
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