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Industrial Wastewater Treatment Service Market worth $28.0 billion by 2024; At a CAGR of 6.1% During Forecast Period

 



(EnergyIndustry.Net, May 31, 2019 ) According to the new market research report "Industrial Wastewater Treatment Service Market by Service Type (Design, Installation, Operations, Maintenance), Treatment Method (Filtration, Disinfection, Desalination), End User (Power, Oil & Gas, Pulp & Paper), Region - Global Forecast To 2024", published by MarketsandMarkets™, is projected to reach USD 28.0 billion by 2024 from an estimated USD 20.8 billion in 2019, at a CAGR of 6.1% during the forecast period. This growth can be attributed to factors such as growth in water intensive industries such as pulp & paper and textile in the developing regions. The dyeing process in the textile industry is a major water intensive process, and it has a massive water requirement. Similarly, the requirement for treating the wastewater generated is expected to rise massively with the stringent environmental regulations across several nations.

The power generation segment is expected to be the largest Industrial Wastewater Treatment Service Market, by end-user, during the forecast period.

The power generation segment is estimated to dominate the Industrial Wastewater Treatment Service Market in 2019 and is projected to be the largest market during the forecast period. This is mainly because of a significant increase in the requirement of power generation, especially in developing regions such as Asia Pacific. For instance, countries such as China, India, Japan, and South Korea are ensuring that the power requirement of the people is addressed adequately through various schemes. The growing demand is causing an increase in the number of power generation units to cater to this demand, resulting in a rise in wastewater generation. Thus, there is a rising need for treating the wastewater generated from these power generation units.

Browse and in-depth TOC on “Industrial Wastewater Treatment Service Market”

46 - Tables
35 - Figures
168 - Pages

Ask for PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=87586650

The filtration segment is expected to be the fastest growing Industrial Wastewater Treatment Service Market, by treatment method, during the forecast period.

The treatment method segment deals with the treatment methods and processes of the Industrial Wastewater Treatment Service Market. Filtration is usually needed before sanitation treatments, to remove particles that can distribute sediment, pathogens, and algae. The filtration segment is expected to hold the largest market share during the forecast period. The major types of filtration processes include chlorine filtration, Ultraviolet (UV) filtration, and Ozone filtration. Among these processes, UV filtration is a hugely cost intensive process, followed by the Ozone filtration process. These processes’ overall cost is more than that of processes such as disinfection and desalination. Thus, the filtration process is expected to dominate this segment due to the aforementioned factors.

Asia Pacific: The leading Industrial Wastewater Treatment Service Market.

In this report, the Industrial Wastewater Treatment Service Market has been analyzed with respect to 5 regions, namely, North America, South America, Europe, Asia Pacific, and the Middle East & Africa. Asia Pacific is estimated to dominate the global Industrial Wastewater Treatment Service Market in 2019, owing to the growth in the industrial, manufacturing, textile, pulp & paper, and power generation industries in countries such as China, India, and Japan. These are rigorous water intensive industries and simultaneously eject a lot of industrial wastewater. Thus, a major scope of industrial wastewater exists in these regions.

Speak to Analyst: https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=87586650

To enable an in-depth understanding of the competitive landscape, the report includes the profiles of some of the top players in the Industrial Wastewater Treatment Service Market. Some of the key players are Veolia (France), SUEZ (France), Xylem (US), Thermax Group (India), Ecolab (US), Pentair (UK), Evoqua Water Technologies (US), WOG Group (US), SWA Water Holdings (Australia), Aries Chemical (US), Terrapure Environmental (Canada), and Golder Associates (Canada). The leading players are adopting various strategies to increase their share in the Industrial Wastewater Treatment Service Market.

Browse Adjacent Markets: Energy and Power Market Research Reports & Consulting

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledge Store" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
Email: sales@marketsandmarkets.com

MarketsandMarkets™

Mr. Shelly Singh

1-888-600-6441

raviraj.tak@marketsandmarkets.com

Source: EmailWire.Com

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