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Global Industrial Wastewater Treatment Industry Report 2024: A $205+ Billion Market by 2032, Driven by Growing Demand for Energy-Efficient and Advanced Wastewater Treatment Technologies - ResearchAndMarkets.com


The "Global Industrial Wastewater Treatment Market by Offering (Treatment Technologies, Treatment Chemicals, Process Control & Automation, Design, Engineering, and Construction Services, Operation & Maintenance services), End User, and Geography - Forecast to 2031" report has been added to ResearchAndMarkets.com's offering.

The global industrial wastewater treatment market is projected to reach $206.81 billion by 2031, at a CAGR of 6.1% from 2024-2031.

The growth of the global industrial wastewater treatment market is driven by factors such as the lack of freshwater resources, government encouragement, the growing emphasis on corporate social responsibility, and the need for critical resource recovery from wastewater. However, the high installation, maintenance, and operating costs of wastewater treatment infrastructure restrain the growth of this market.

Asia-Pacific is expected to become the fastest-growing region in the global industrial wastewater treatment market by 2031. The market in Asia-Pacific is experiencing growth due to the increasing demand for sustainable and advanced solutions in response to significant water stress and environmental pollution. The dairy and beverage sector, particularly in China and India, is generating substantial investment opportunities in the region, driving the demand for industrial wastewater treatment solutions.

The market growth in Asia-Pacific is further propelled by the rapid industrial expansion in developing countries, including South Korea, Indonesia, and Vietnam. China and India are poised to take the lead in adopting membrane filtration technology for wastewater treatment in the industrial sector.

Furthermore, the growing demand for energy-efficient and advanced wastewater treatment technologies and the generation of green hydrogen from industrial wastewater are expected to provide growth opportunities for the players operating in this market. However, high energy consumption and expenses due to excess sludge production are major challenges impacting market growth.

The process control & automation segment is expected to grow at the highest CAGR during the forecast period. The growth of this segment is attributed to the rising technological complexities in industrial wastewater treatment facilities, the increasing need for operational automation, the rising number of investments in process control systems, and the companies' growing focus on achieving cost & energy-saving targets.

The food & beverage segment is expected to grow at the highest CAGR during the forecast period. The food & beverage industry is one of the major contributors to economic growth globally. Food production is expected to intensify in the coming years due to the growing global population. The food industry needs large volumes of water for production and cleaning.

As a result, the industry typically generates a tremendous amount of wastewater with relatively high concentrations of Total Suspended Solids (TSS) and is a major source of environmental pollution. Food & beverage companies are adopting industrial wastewater treatment techniques, including proper screening of waste streams to increase discharge dryness, resulting in lower hauling and waste disposal costs.

Key Questions Answered in the Report:

Market Insights

Factors Affecting Market Growth

Value Chain Analysis

Company Profiles

Scope of the Report

Global Industrial Wastewater Treatment Market Assessment - By Offering

Global Industrial Wastewater Treatment Market Assessment - By End User

Global Industrial Wastewater Treatment Market Assessment, By Geography

For more information about this report visit https://www.researchandmarkets.com/r/txbyli

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ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.


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