Industrial Wastewater Treatment Units Market Outlook
According to the report by Expert Market Research (EMR), the Global Industrial Wastewater Treatment Units Market is projected to grow at a CAGR of 5.7% between 2024 and 2032. Aided by the growing demand for industrial wastewater treatment and increasing scarcity of freshwater sources, the market is expected to grow significantly by 2032.
Industrial wastewater treatment units refer to systems used for treating water that has been contaminated by industrial or commercial activities prior to its release into the environment or its re-use. They play a crucial role in pollution control, health preservation, and water recycling. Besides their environmental benefits, these units also provide cost savings for industries by enabling the reuse of water in their processes.
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The driving force behind global industrial wastewater treatment units market growth is the escalating awareness and concern over water scarcity and environmental preservation. With the global populace becoming more environmentally conscious, there has been a significant shift towards sustainable practices, leading to a surge in demand for industrial wastewater treatment units. Additionally, stricter regulations regarding wastewater discharge have necessitated industries to adopt these units, fuelling their market growth.
The broadening applications of industrial wastewater treatment units in various sectors also significantly contribute to the industrial wastewater treatment units market expansion. In the pharmaceutical industry, these units help in treating effluents laden with organic and inorganic compounds. The food and beverage industry uses these units to treat wastewater generated from processes like washing, boiling, and cooling. In the oil and gas industry, they aid in treating water contaminated with oil and other harmful substances.
Moreover, advancements in wastewater treatment technology, such as membrane bioreactors and reverse osmosis systems, have greatly improved the efficiency and effectiveness of industrial wastewater treatment units, further propelling the industrial wastewater treatment units market demand. These technologies have not only enhanced the treatment capacity of these units but also reduced their operational costs, making them more attractive to industries.
The industrial wastewater treatment units market is also boosted by the rise in public-private partnerships for improving water infrastructure, particularly in developing economies. These collaborations aim to enhance wastewater treatment facilities, ensuring a consistent supply of clean water for industrial use and mitigating the environmental impact of industrial wastewater.
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Industrial Wastewater Treatment Units Market Segmentation
The market can be divided based on end use, capacity, operating mode, and region.
Market Breakup by End Use
- Food and Beverages
- Mining
- Sugar
- Chemical and Fertiliser
- Pharmaceuticals
- Power
- Electrical and Electronics
- Oil and Gas
- Pulp and Paper
- Others
Market Breakup by Capacity
- Less than 50 MLD
- 50-200 MLD
- Over 200 MLD
Market Breakup by Operating Mode
- EPC
- BOOT
Market Breakup by Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
Industrial Wastewater Treatment Units Market Competitive Landscape
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and acquisitions and mergers, among other major developments, of the global industrial wastewater treatment units companies. Some of the major key players explored in the report by Expert Market Research are as follows:
- Veolia Water Technologies Ltd.
- Suez Group
- Hitachi Aqua-Tech Engineering Pte Ltd.
- Danaher Corporation
- Toray Group
- The Thermax Group
- Calgon Carbon Corporation
- Doosan Corporation
- Toshiba Water Solutions Private Limited
- Evoqua Water Technologies LLC
- Others
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