Innovations in Tertiary Water and Wastewater Treatment - Market Trends and Technologies

 

The Tertiary Water and Wastewater Treatment Market is expected to reach a value of $35.5 billion by 2027, at a CAGR of 7.2% during the forecast period 2020-2027. Rapid population growth and urbanization, the rising need for new water resources, and the increasing prevalence of waterborne diseases are the key factors driving the growth of the tertiary water and wastewater treatment technologies market. The growing demand for energy-efficient and advanced water treatment technologies provides significant growth opportunities for market players in the coming years.

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The Impact of COVID-19 on the Tertiary Water and Wastewater Treatment Technologies Market

The COVID-19 pandemic has adversely hit many economies around the globe. To control this disease's spread and avoid the related consequences, governments across the globe have announced partial or complete lockdowns, majorly impacting many manufacturing and service industries, including tertiary water and wastewater treatment technologies.

The outbreak of COVID-19 is projected to slow down investments in the water sector worldwide. It has also increased the importance of operational reliability due to the cost of disruption. Many large users of water have downscaled or reduced activities resulting in declining industrial demand. The decline in demand from large industrial and commercial users due to lockdowns and travel restrictions is expected to significantly reduce water utility revenues. A survey by the Global Water Leaders Group estimates that the industrial demand for water will fall by an average of 27% due to COVID-19. Deeper revenue losses are projected across the whole water supply chain, including operators, technology companies, contractors, chemical suppliers, and consultants.

Moreover, operations could be affected due to the increased risk of infection among utility staff. Operational continuity and flexibility are key to keeping essential water and sanitation services running while also pushing forward ongoing construction projects. Many governments identified people working in the water and sewerage industry as essential workers, enabling utilities to maintain service continuity. However, social distancing protocols mean that utilities can only retain operationally critical staff onsite. Supply chain and logistics disruptions have also been reported. This scenario has impacted the demand for tertiary water and wastewater treatment technologies.

Increasing prevalence of waterborne diseases drive the demand for tertiary water and wastewater treatment technologies

Waterborne diseases are caused by various microorganisms, biotoxins, and toxic contaminants, leading to devastating illnesses such as cholera, schistosomiasis, and gastrointestinal problems. Outbreaks of waterborne diseases often occur after a severe precipitation event (rainfall & snowfall). Climate change increases the severity and frequency of major precipitation events. Communities, especially in the developing world, face elevated risks from waterborne diseases.

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The most common manifestation and cause of mortality due to waterborne diseases was dehydration due to loss of electrolytes either through vomit or diarrhea. According to the WHO, around 1.1 billion people worldwide do not have access to improved water supply sources, whereas 2.4 billion people do not have access to improved sanitation facilities. Every year more than 3.4 million people die due to water-related diseases, making it the leading cause of morbidity and mortality worldwide.

Water treatment processes can control waterborne disease transmission and reduce the number of cases to acceptable levels. The risk from waterborne pathogens can be controlled through integrated processes such as risk analysis or hazard assessment and control. The data needed for these processes are available, and advances in technology now make it possible to react in real-time. With these new tools and advanced water treatments, it is possible to reduce waterborne diseases.

Thus, the growing prevalence of waterborne diseases drives the adoption of water and wastewater treatment technologies, thereby accelerating the growth of the global tertiary water and wastewater treatment technologies market.

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Key Findings in the Tertiary Water and Wastewater Treatment Technologies Market Study:

The membrane filtration segment to dominate the tertiary water and wastewater treatment technologies market in 2020

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.

The industrial segment is projected to grow at the highest CAGR during the forecast period

Based on application, 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.

The manufacturing segment to dominate the tertiary water and wastewater treatment technologies market in 2020

Based on industrial application, 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.

Asia-Pacific to be the fastest-growing regional market

The Asia-Pacific region accounted for the largest share of the tertiary water and wastewater treatment technologies market in 2020, followed by North America, Europe, Latin America, and the Middle East & Africa. 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. China is expected to dominate the Asia-Pacific market through 2027, mainly due to its large population base and industrialization, rising volumes of untreated sludge, and significant wastewater discharge. However, it is also expected to witness the fastest growth during the forecast period.

Key Players

The report includes a competitive landscape based on an extensive assessment of the key strategies adopted by the leading market participants in the tertiary water and wastewater treatment technologies market over the last four years. The key players profiled 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).

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Scope of the Report

Tertiary Water and Wastewater Treatment Technologies Market, by Type

·         Membrane Filtration (MF & UF)

·         Reverse Osmosis

·         UV Radiation (UV & UV-H2O2)

·         Chlorination

·         Ozonization

·         Activated Carbon (GAC & PAC)

·         Ion Exchange

·         Electrochemical Water Treatment Technology

·         Other Treatment Technologies

Tertiary Water and Wastewater Treatment Technologies Market, by Application

·         Municipal

·         Industrial

o    Manufacturing

o    Pharmaceuticals & Chemicals

o    Power

o    Energy

o    Pulp & Paper

o    Mining

o    Petrochemicals

o    Semiconductors

o    Other Industrial Applications

Tertiary Water and Wastewater Treatment Technologies Market, by Geography

·         North America

o    U.S.

o    Canada

o    Mexico

·         Europe

o    Germany

o    France

o    Spain

o    U.K.

o    Netherlands

o    Greece

o    Italy

o    Switzerland

o    Belgium

o    Denmark

o    Poland

o    Sweden

o    Rest of Europe (RoE)

·         Asia-Pacific (APAC)

o    China

o    Japan

o    India

o    Indonesia

o    Australia

o    South Korea

o    Malaysia

o    Thailand

o    Vietnam

o    Philippines

o    Singapore

o    Taiwan

o    New Zealand

o    Rest of Asia-Pacific (RoAPAC)

·         Latin America

o    Brazil

o    Chile

o    Argentina

o    Rest of Latin America (RoLATAM)

·         Middle East & Africa

o    Saudi Arabia

o    A.E.

o    Kuwait

o    Iran

o    Israel

o    South Africa

o    Rest of the Middle East & Africa (RoMEA)

Top 10 Companies Operating in Tertiary Water and Wastewater Treatment Market: https://meticulousblog.org/top-10-companies-in-tertiary-water-and-wastewater-treatment-technologies-market/

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