Dublin, May 05, 2021 (GLOBE NEWSWIRE) -- The "Tertiary Water and Wastewater Treatment Technologies Market by Type (Membrane Filtration, UV Radiation, Chlorination, Ozonization, Activated Carbon, and Ion Exchange), and Application (Municipal and Industrial) - Global Forecast to 2027" report has been added to ResearchAndMarkets.com's offering.
This report provides an in-depth analysis of the tertiary water and wastewater treatment technologies market across five major geographies and emphasizes on the current market trends, market size, market shares, recent developments, and forecast till 2027. The Tertiary Water and Wastewater Treatment Technologies Market is expected to reach $35.5 billion by 2027, at a CAGR of 7.2% during the forecast period, 2020-2027.
The growth of this market is mainly attributed to the rapid population growth and urbanization, the rising need for new water resources, and the increasing prevalence of waterborne diseases are also a few of the key factors driving the growth of the tertiary water and wastewater treatment technologies market.
The study offers a comprehensive analysis of the tertiary water and wastewater treatment technologies market with respect to the type (membrane filtration {MF & UF}, reverse osmosis, UV radiation {UV & UV-H2O2}, chlorination, ozonization, activated carbon {GAC & PAC}, ion exchange, electrochemical water treatment technology, and other treatment technologies), application (municipal and industrial {manufacturing, pharmaceuticals & chemicals, power, energy, pulp & paper, mining, petrochemicals, semiconductors, and other industrial applications}), and geography. The study also evaluates industry competitors and analyzes the market at the country level.
Based on type, the tertiary water and wastewater treatment technologies market is mainly segmented into membrane filtration (MF & UF), reverse osmosis, UV radiation (UV & UV-H2O2), chlorination, ozonization, activated carbon (GAC & PAC), ion exchange, electrochemical water treatment technology, and other treatment technologies. The membrane filtration segment accounted for the largest share of the tertiary water and wastewater treatment technologies market in 2020. The large share of this segment is mainly attributed to the rising health awareness among consumers, growing emphasis on reducing the usage of chemicals in water treatment, and effective purification and reduced cost of operations offered by membrane filtration technology. However, it is also expected to witness significant growth, as some government bodies across the globe are adopting this technology to provide safe and clean drinking water to households.
Based on application, the tertiary water and wastewater treatment technologies market is segmented into municipal and industrial. The municipal segment accounted for the largest share of the tertiary water and wastewater treatment technologies market in 2020. The large share of this segment is mainly attributed to the governments' growing focus on water quality and public health, the growing number of water treatment projects, especially in Asian countries, and the aging existing infrastructure in developed countries. However, the industrial segment is expected to grow at the highest CAGR during the forecast period. The rapid growth of this segment is mainly attributed to the growth of the industrial sector and the rising demand for water and wastewater treatments for providing clean and processed water.
Based on industrial application, the tertiary water and wastewater treatment technologies market is segmented into manufacturing, pharmaceuticals & chemicals, power, energy, pulp & paper, mining, petrochemicals, semiconductors, and other industrial applications. The manufacturing segment accounted for the largest share of the tertiary water and wastewater treatment technologies market in 2020. The large share of this segment is mainly attributed to the rapid urbanization, technological growth, and an increasing number of manufacturing units that create strong demand for processed water. However, the energy segment is expected to grow at the highest CAGR during the forecast period. The rapid growth of this segment is mainly attributed to the rising demand for clean water and energy.
Geographically, the market is segmented into five major regions: North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. The Asia-Pacific region is estimated to account for the largest share of the tertiary water and wastewater treatment technologies market in 2020. The large share of this region is primarily attributed to the increasing population, rising demand for advanced residential water treatment, development of membrane technology, increased environmental deterioration, the declining availability of clean water, increasing public-sector investments in water infrastructure, and increasing research & development expenditures.
The key players operating in the tertiary water and wastewater treatment technologies market are Suez Environment S.A. (France), Veolia Environment SA (France), Xylem, Inc. (U.S.), DuPont de Nemours, Inc. (U.S.), Evoqua Water Technologies Corporation (U.S.), 3M Company, Inc. (U.S.), Pentair plc (U.K.), Calgon Carbon Corporation (U.S.), Kurita Water Industries, Ltd. (Japan), Bio-Microbics, Inc. (U.S.), ASIO, spol. s r.o. (Czech Republic), Scinor Water America, LLC (U.S.), Elgressy Engineering Services Ltd. (Israel), Outotec Oyj (Finland), Blue Eden CleanTech Solutions, Inc. (Canada), Membracon Ltd. (U.K.), Lamor Corporation Ab (Finland), and Ozone Tech Systems (Sweden).
Key questions answered in the report
Outlook on the Tertiary Water and Wastewater Treatment Technologies Global Market to 2027 - Growing Demand for Energy-efficient and Advanced Water Treatment Technologies Presents Opportunities
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