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Wastewater Treatment Market Report Overview
Wastewater Treatment is one of the most common methods to control water pollution. Most of the Wastewater is generated from the manufacturing and chemical industries is treated in wastewater treatment plants. Physical, chemical, and biological processes are used in the wastewater treatment market. The processes used in these treatments are also categorized as preliminary, primary, secondary, and tertiary. In the Preliminary and primary stages, solid particles such as rags and suspended solids are allowed to settle and be removed from wastewater. Secondary processes mainly remove about 85% of the organic matter. The tertiary process means the final filtration of the treated effluent. All inorganic compounds, bacteria, viruses are removed in this tertiary process and make the treated water safe to reuse, recycle, or can release into the environment.
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Wastewater Treatment Market Report Scope and Research Methodology
Oil and gas, pharmaceuticals, pulp and paper, chemicals, metal & mining and textiles industries are uses Raw water in several applications such as cooling, washing, and manufacturing process. Thus these industries are leading towards more water pollution and contamination of water. The government has made strict regulations to control this water pollution which is the key driving factor for the wastewater treatment market. Many industries have been forced to adopt water-recycling, reuse and recovery systems due to the scarcity of water. Growing public concern has left industries with no option to install wastewater treatment. Latest technological innovations in wastewater treatment for improving treatment efficiencies offer lucrative opportunities for market players.
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Wastewater Treatment Market Regional Insights
The wastewater treatment market size in the U.S is stood at USD 2.89 billion in 2020 and is expected to dominate the market during the forecast period. The rising demand for industrial water in the country such as in the U.S is expected to boost the growth over the coming years. The U.S. is adopting more new technology for wastewater treatment processes Technologies Ecolab, Inc. and GE Water are some of the key players that have a dominant presence in this country.
Wastewater Treatment Market Segmentation
By Type, Municipal and industrial are the segments of the Wastewater treatment market. In terms of revenue, the Municipal segment held the highest share constituting 67.3% of the overall wastewater treatment market. In terms of revenue, the market for industrial wastewater applications is likely to gain significant market growth by 2027. The municipal segment is expected to grow at a compound annual growth rate (CAGR) of 7.7% from 2020 to 2027.
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Wastewater Treatment Market Key Players
Thermax (India)
VA Techwabag (India)
Suez Environnement S.A. (France)
Ecolab (IndiaU.Snc. (U.S.),
DuPont de Nemours, Inc. (U.S.)
Evoqua Water Technologies Corporation (U.S.)
3M Company, Inc. (U.S.)
Pentair plc (U.K.)
United Utilities Group P.L.C. (U.K.)
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About Stellar Market Research
Established in 2018, Stellar Market Research is an India-based consulting and advisory firm focused on helping clients reach their business transformation objectives with advisory services and strategic business. The company’s vision is to be an integral part of the client’s business as a strategic knowledge partner. Stellar Market Research provides end-to-end solutions that go beyond key research technologies to help executives in any organization achieve their mission-critical goals. The company has clients from all across the globe, 23 % from India and others from Japan, Korea, Germany, United States, etc. The company uses its extensive industry knowledge, strong network, and know-how to provide complete insights that give clients a competitive advantage.
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