Wastewater treatment service market expected to grow $18B by 2025

Oct. 11, 2021
The market is driven by rapid industrialization leading to an increased demand for wastewater treatment services, the zero liquid discharge (ZLD) initiatives, and stringent environmental regulations, according to Technavio.

The wastewater treatment service market size is expected to increase by $18.74 billion from 2021 to 2025, registering a decelerating compound annual growth rate (CAGR) of 6.41% during this period, according to the latest research report from Technavio.

The market is driven by rapid industrialization leading to an increased demand for wastewater treatment services, the zero liquid discharge (ZLD) initiatives, and stringent environmental regulations, according to Technavio. However, the high cost of wastewater treatment technologies may hamper the market.

The wastewater treatment service market analysis includes end-user (chemical and pharmaceutical, FPP, oil and gas, metals and mining, and others) and geography (North America, APAC, Europe, MEA, and South America). This report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters.

For more information about the report, click here.

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. 

Sponsored Recommendations

NFPA 70B a Step-by-Step Guide to Compliance

NFPA 70B: A Step-by-Step Guide to Compliance

How digital twins drive more environmentally conscious medium- and low-voltage equipment design

Medium- and low voltage equipment specifiers can adopt digital twin technology to adopt a circular economy approach for sustainable, low-carbon equipment design.

MV equipment sustainability depends on environmentally conscious design values

Medium- and low voltage equipment manufacturers can prepare for environmental regulations now by using innovative MV switchgear design that eliminates SF6 use.

Social Distancing from your electrical equipment?

Using digital tools and apps for nearby monitoring and control increases safety and reduces arc flash hazards since electrical equipment can be operated from a safer distance....