The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

Environmental regulations are projected to stimulate innovation in wastewater treatment service manufacturing, propelling the market during the forecast period.

The global wastewater treatment service market is expected to grow from $60.63 billion in 2022 to $64.55 billion in 2023 at a compound annual growth rate (CAGR) of 6.5%. The global wastewater treatment service market size is expected to reach $79.44 billion in 2027 at a CAGR of 5.3%.

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 Global Wastewater Treatment Service Market Segments Include:

• By Service: Designing And Engineering Consult, Building And Installation Services, Operation And Process Control, Maintenance Service, Other Services
• By Application: Chemical And Pharmaceutical, Oil And Gas, Food, Pulp And Paper, Metal And Mining, Power Generation, Other Applications
• By End-User: Municipal, Industrial
• By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America is the largest region in the global wastewater treatment service market in 2021.

Major Market Players in the wastewater treatment service market include Buckman Laboratories International Inc., Innospec Inc., Enviro Systems Inc., Veolia Water Technologies, Suez SA, Xylem Inc., Evoqua Water Technologies LLC, Thermax Limited.

Product innovation is a prevalent trend in the wastewater treatment service market. To maintain their market position, major wastewater treatment service providers are using new technology. For example, ABB Ltd., a Swiss business that supplies electrification and automation technology, will debut the ABB AbilityTM Smart Solution for Wastewater in February 2022. The ABB AbilityTM Smart Solution for Wastewater is the first in a series of digital solutions aimed at optimising water sector operations and reducing energy consumption. It comprises of continuous monitoring paired with automation, allowing new wastewater technology to achieve up to 25% energy savings during aeration and pumping, as well as a 10% reduction in chemical usage.

The Wastewater Treatment Service Global Market Report 2023  provides a wastewater treatment service market overview for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The wastewater treatment service market forecast analyzes wastewater treatment service market size, wastewater treatment service market share, leading competitor market positions. The regions covered in the report include Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa and the countries include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Wastewater treatment is the process of eliminating dirt and contaminants from wastewater so that it can be safely disposed of or reused. Wastewater treatment services encompass a variety of physical, biological, and chemical methods for reducing or altering the harmful chemicals contained in wastewater.

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