Global Packaged Wastewater Treatment Market to Reach US$ 32.4 Billion by 2028, Propelled by Increasing Demand for Decentralized Wastewater Treatment Solutions

April 04, 2023 | Chemical & Materials

According to the latest report by IMARC Group, titled “Packaged Wastewater Treatment Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028,” the global packaged wastewater treatment market size reached US$ 18.1 Billion in 2022. Packaged wastewater treatment (PWWT) refers to a type of wastewater treatment system built and designed in a factory setting before being transported to the installation site for assembly and operation. It is compact, modular, and easy to transport and install, making them an ideal solution for decentralized wastewater treatment applications, such as small communities, remote areas, and industrial facilities. The packaged wastewater treatment system includes a range of treatment processes, including screening, sedimentation, biological treatment, disinfection, and sludge dewatering. It is cost-effective, reliable, and designed to meet regulatory requirements and provide high-quality treatment while minimizing the adverse impact on the environment.

Global Packaged Wastewater Treatment Market Trends:

The increasing demand for cost-effective and low-maintenance decentralized wastewater treatment plants due to expanding industrialization and urbanization across the globe is primarily driving the market growth. Besides this, the rising population, scarcity of clean water, the implementation of stringent government regulations on wastewater discharge, and significant investments in water treatment facilities are creating a positive outlook for the market. Moreover, the intensive focus on renewable energy sources, increasing levels of water pollution, and escalating consumer awareness regarding its adverse effects are fuelling the utilization of PWWT to reduce the environmental impact of wastewater. In addition to this, significant technological advancements in the wastewater treatment sector, such as the development of membrane bioreactors, zero liquid discharge (ZLD), innovative oxidation processes, and logistic systems, are presenting remunerative growth opportunities for the market. Furthermore, the widespread product adoption across the chemical, pharmaceutical, oil and gas, and food and beverage (F&B) industries for processing and re-using large water volumes in their operations and minimizing the unwanted liquid discharge into the environment are aiding in market expansion. Concurrent with this, the increasing use of PWWT in power plants to reduce water wastage is contributing to the market growth. Looking forward, the market value is projected to reach US$ 32.4 Billion by 2028, expanding at a CAGR of 10.5% during 2023-2028.

Market Summary:

On the basis of technology, the market has been segregated into extended aeration, moving bed biofilm reactor (MBBR), reverse osmosis (RO), membrane bioreactor (MBR), sequential batch reactor (SBR), membrane aerated biofilm reactor (MABR), and others.
Based on the end use sector, the market is bifurcated into municipal and industrial (chemical and pharma, oil and gas, food, pulp and paper, metal and mining, power generation, and others).
On a regional basis, the market has been segmented into North America (the United States and Canada), Asia-Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others), Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others), Latin America (Brazil, Mexico, and others), and Middle East and Africa.
The competitive landscape of the market has also been examined, with some of the key players being Bio-Microbics, Inc., Clearford Water Systems Inc., Corix Group of Companies, CST Wastewater Solution, Fluence Corporation Limited, Global Treat, Inc., Organica Water, Inc., Pollution Control Systems, Inc., Smith & Loveless, Inc., Veolia Environment SA, Westech Engineering, Inc., etc.

Report Scope:

Report Features	Details
Base Year of the Analysis	2022
Historical Period	2017-2022
Forecast Period	2023-2028
Units	US$ Billion
Segment Coverage	Technology, End Use Sector, Region
Region Covered	Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered	United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered	Bio-Microbics, Inc., Clearford Water System Inc., Corix Water System, CST Wastewater Solutions, Fluence corporation Limited, Global Treat, Organica Technologies, Pollution Control System, Smith & Loveless, Veolia and Westech Engineering Inc.
Customization Scope	10% Free Customization
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Global Packaged Wastewater Treatment Market to Reach US$ 32.4 Billion by 2028, Propelled by Increasing Demand for Decentralized Wastewater Treatment Solutions

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