London, March 1, 2021 (Global News)-According to a new market research report titled “Through treatment technology (membrane separation, activated sludge, clarification, membrane bioreactor, sludge digestion) and its applications The (manufacturing) industrial wastewater treatment market, “Power, Energy, Mining”), global forecasts that by 2027, the compound annual growth rate of the industrial wastewater treatment market from 2020 to 2027 is expected to be 7.2%, and it will reach 776 by 2027 One hundred million U.S. dollars.
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The quality and quantity of industrial wastewater vary, depending on the type of industry producing wastewater. It may be highly biodegradable or not degradable at all, and may or may not contain compounds that are unfavorable for treatment. These include organic synthetic substances or heavy metals, whose content (quantity and quality) in wastewater in developing countries may be very different from those in developed countries. The main problem of industrial wastewater is the continuous increase in the number (number and type) of synthetic compounds. The main factors that promote the development of the industrial wastewater treatment market include: the improvement of industrialization and urbanization, the reduction of freshwater resources, the growth of global energy demand, the increasing attention to water quality and public health, the rising prevalence of water-borne diseases, and industrial demand Rising and stringent government regulations on the treatment of industrial wastewater.
In addition, countries/regions such as the United States, China and India are paying more and more attention to industrial wastewater treatment, which provides huge opportunities for this market. However, the high cost of equipment, operation and disposal, as well as the shift in demand for alternative wastewater treatment technologies, have hindered the growth of this market to a certain extent. Moreover, due to excessive sludge production, excessive energy consumption and increased expenditures are the main challenges for the growth of the industrial wastewater treatment market.
The COVID-19 pandemic has severely affected many economies around the world. In order to control the spread of this disease and avoid its related consequences, governments around the world have announced some or all of the blockade measures, which have had a significant impact on many manufacturing and service industries, including industrial wastewater treatment.
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The COVID-19 outbreak is expected to slow down investment in the global water sector. It also increases the importance of operational reliability due to the cost of interruption. Many large water users have reduced their scale or activities, leading to a decline in industrial demand. Due to lockdowns and travel restrictions, the decline in demand from large industrial users will greatly reduce the revenue of water companies. A survey by the Global Water Leadership Group estimates that due to COVID-19, industrial water demand will drop by an average of 27%. It is expected that in the entire water supply chain, including operators, technology companies, contractors, chemical suppliers and consultants, the loss of revenue will be even greater.
Moreover, due to the increased risk of infection among public utility workers, operations may be affected. Operational continuity and flexibility are the keys to maintaining basic water supply and sanitation services, while also driving ongoing construction projects. Many governments regard workers in the water supply and sewage industries as essential workers so that public utilities can maintain continuity of service. However, the social distancing agreement means that utilities can only keep key business personnel on site. There are also reports of supply chain and logistics disruptions. This situation reduces the need for industrial wastewater treatment.
Industrial wastewater treatment market research provides market data in the form of value (2018, 2019 and 2020) and provides forecasts for 2027. The market is segmented according to technology, application and geographic area. The study also assessed industry competitors and analyzed the national-level market.
Based on technology, the membrane separation field will account for the largest share of the entire industrial wastewater treatment market in 2020. A large share of this part is mainly due to the increasing demand for low-energy water treatment processes, and people are paying more and more attention to reducing wastewater treatment processes. The use of chemicals in water treatment, as well as the effective purification and reduced operating costs provided by membrane filtration technology. However, the field of membrane bioreactor (MBR) technology is expected to achieve significant growth because it has become an efficient and compact industrial wastewater treatment technology.
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According to the application, the manufacturing segment will account for the largest share of the entire industrial wastewater treatment market in 2020. A large share of this segment is mainly attributable to rapid urbanization, technological growth and increase in manufacturing units, which has generated a strong demand for processed water. . However, during the forecast period, the energy sector is expected to grow at the highest compound annual growth rate. The rapid growth in this area is mainly attributable to the increase in demand for clean water and energy.
Geographically, the Asia-Pacific region will occupy the largest share of the global industrial wastewater treatment market in 2020. Growing manufacturing, pulp and paper, and power generation industries; reduced clean water supply; increasing research and development expenditures; and the region’s environmental protection regulations on industrial wastewater are constantly improving, especially in developing countries such as China and India. It is expected that by 2027, China will dominate the Asia-Pacific market, mainly due to its huge population base and industrialization, as well as large amounts of wastewater discharge.
The main players operating in the global industrial wastewater treatment market are: Suez Environmental Co., Ltd. (France), Salem (USA), DuPont, DuPont, Evoqua Water Technology (USA), 3M. (United States), Pentair plc (United Kingdom), United Utilities Group PLC (United Kingdom), Kingspan Water & Energy (United Kingdom), The Dow Chemical Company (United States), Kemira Oyj (Finland), BASF SE (Germany), Calgon Carbon Corporation (United States) , Kurita Water Industry Co., Ltd. (Japan), Bio-Microbiology Corporation (USA), Troy Technology Corporation (Canada), Aquatech International Corporation (USA), ASIO, spol. s ro (Czech Republic), Orenco Systems, Inc. (USA), Scinor Water America, LLC (USA), Elgressy Engineering Services Ltd. (Israel), Outotec Oyj (Finland), Blue Eden CleanTech Solutions Inc. (Canada) , Solenis (United States), Aries Chemical, Inc. (United States), Thermax Limited (India) and Lenntech BV (Netherlands), etc.
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Post time: Mar-02-2021