Insights Into The Water And Sewage Market’s Growth Potential 2024-2033
The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2024 and forecasted to 2033
The water and sewage market size has grown strongly in recent years. It will grow from $683.29 billion in 2023 to $732.13 billion in 2024 at a compound annual growth rate (CAGR) of 7.1%. The growth in the historic period can be attributed to the increase in regulations of government for wastewater treatment, rapid urbanization, growing wastewater complexities, increased demand for water from the agricultural sector, increased demand for steam and air-conditioning supply, and emerging markets growth. The water and sewage market size is expected to see strong growth in the next few years. It will grow to $962.75 billion in 2028 at a compound annual growth rate (CAGR) of 7.1%. The growth in the forecast period can be attributed to the rise in the global population, rapidly diminishing fresh water resources, increasing demand for wastewater treatment, industrial pollutions, awareness of cleanliness and increasing smart cities will drive growth. Major trends in the forecast period include investing in the development of technologies, developing or adopting drip irrigation systems, deploying artificial intelligence in wastewater and sewage treatment, implementing IoT-based smart irrigation systems, developing energy-efficient and ecofriendly products, and attracting government investments.
The substantial volume of untreated wastewater is anticipated to be a driving force behind the growth of the water and sewage market. Wastewater, comprising nitrogen and phosphorus from various sources, necessitates treatment in sewage facilities to meet environmental standards. According to the NITI Aayog’s “Urban Wastewater Scenario In India” report, in the 2020–2021 period, rural areas generated approximately 39,604 Million Liters Per Day (MLD) of wastewater, while urban areas produced 72,368 MLD. With only 28% of MLD being treated, a significant 72% of wastewater remained untreated, presenting a substantial opportunity for sewage treatment facilities. This unmet demand for wastewater treatment positions the water and sewage market for growth. The market sizes for 2023, 2024, and 2028 are expected to reflect the increasing significance of addressing untreated wastewater.
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What Are The Key Trends That Influence Water And Sewage Market Share Analysis?
Water heater manufacturers are also prioritizing the production of energy-efficient products to cut down on carbon emissions and offer energy savings to consumers. This trend is driven by strict government regulations and technological advancements. Energy-efficient appliances are designed to consume minimal energy to perform their functions. Over 80 countries now have standards and labels for such appliances. For example, an ENERGY STAR certified water heater in the U.S. can save $3,500 over its lifetime.
Which Market Players Are Driving Growth In The Water And Sewage Market?
Major companies operating in the market are Veolia Environment SA, Suez Environnement SA, Engie, Huaneng Power International, Inc, Companhia de Saneamento Basico-Sabesp, American Water Works Company, Inc., United Utilities, Severn Trent Plc, Anglian Water, Ecolab Inc, Kurita Water Industries Ltd, Pt. Amrita Enviro Energi (Banten, Indonesia), Aquatech International LLC (India), Toplea Machinery Imp And. Exp Co., Ltd, Shanghai Kaiquan Pump (Group) Co., LTD, Water Corporation, Anbit Drilling Equipment Co., Ltd, Henan Zhong An Electronic Detection Technology CO., LTD, Jiangsu Jiuwu Hi-tech Co, Xi an QingYun Water Treatment Tech. Co., Ltd, GSD Industrial Co., Ltd, Shanghai Dazhang Filtrate Equipment Co.,Ltd, V? ???h W?b?g, ?h?rm?? ?nd??, Toshiba water solutions Pvt. Ltd, NALCO (National Aluminium Company Limited), Thames Water, EUROWATER, Feralco Group, Berliner Wasserbetriebe, NCH Europe, Kemira, ClearFox, Lamor, Lifasa, Nuova Fima SpA, Elecnor, Dellmeco, OSMO Membrane Systems GmbH, ASIO spol. s r.o, BWT Poland Sp. o.o, Orenco Systems, Danaher, Aquatech, Xylem Inc (U.S), Dow Water And Process Solutions, Calgon Carbon Corporation, Evoqua Water Technologies Corporation, 3M, Pentair Plc, ITT Inc., DuPont, GE Water And Process Technologies, UVDynamics Inc, JPS Industries, Les Traitements Bio-Bac Inc, Dynamix Agitators Inc, Ostara Nutrient Recovery Technologies Inc, Aqua One Filtration Inc, Membrane Specialists LLC, Ground Effects Environmental Services Inc, Atlantech – Model HR MACRO – Flotation System, Alexandria Water Company (AWCO), Oman Water and Wastewater Services Company, Suido Kiko Middle East (SKME), Proxa, WEC Projects, Lektratek Water Technology, Water Purification chemical Plant, Water Icon.
How Is The Global Water And Sewage Market Segmented?
The water and sewage market covered in this report is segmented –
1) By Type: Water Supply and Irrigation Systems, Sewage Treatment Facilities, Steam and Air-Conditioning Supply
2) By Operator: Public, Private
3) By End-User: Residential, Commercial, Industrial, Agriculture
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The Water And Sewage Global Market Report 2024 provides an overview of the water and sewagemarket for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The water and sewage market forecast analyzes water and sewage market size, water and sewage market share, leading competitor and their market positions.
The Table Of Content For The Water And Sewage Market Include
1. Water And Sewage Market Executive Summary
2. Water And Sewage Market Segments
3. Water And Sewage Market Size And Template Market Growth Rate
4. Key Water And Sewage Market Trends
5. Major Water And Sewage Market Drivers
……
25. Key Mergers And Acquisitions In The Water And Sewage Market
26. Top Water And Sewage Companies
27. Water And Sewage Market Opportunities And Strategies
28. Water And Sewage Market, Conclusions And Recommendations
29. Appendix
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