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  • Industrial Wastewater Treatment Market Growth Analysis | 2023-2028

    Industrial Wastewater Treatment Market Growth Analysis | 2023-2028

    Industrial Wastewater Treatment Market Growth Analysis | 2023-2028
    Report code - SRCE200 Delivery - 2 Weeks
    Industrial Wastewater Treatment Market Size, Share, Trends, Forecast, & Growth Analysi See more...

    Market Insights

    The industrial wastewater treatment market was estimated at USD 13.32 billion in 2022 and is likely to grow at a CAGR of 5.26% during 2023-2028 to reach USD 18.12 billion in 2028.

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    What is industrial wastewater treatment?

    Industrial wastewater treatment is a process that is used to treat wastewater, which is produced by industries as an undesirable by-product. After treatment, this wastewater can be reused or released to a sanitary sewer or to surface water in an environment.

    There are various sources of industrial wastewater such as electric power plants, the food industry, the iron and steel industry, the nuclear industry, petroleum refining and petrochemicals, the pulp and paper industry, and textile mills.

    Industrial Wastewater Treatment Market Report Highlights

    Market Size in 2022

    USD 13.32 billion

    Market Size in 2028

    USD 18.12 billion

    Market Growth (2023-2028)

    5.26% CAGR

    Base Year of Study

    2022

    Trend Period

    2017-2021

    Forecast Period

    2023-2028

    Market Dynamics

    The industrial wastewater treatment market is influenced by several key drivers, which play significant roles. A few of them are -

    • Growing industrial production – Industrial production has demonstrated continued strength in the past few years. According to sources, in March 2023, global industrial production, excluding the United States, grew by 0.2 percent compared to the same time in the previous year. With this growing industrialization, the volume of industrial wastewater generated increases, creating a dire need for wastewater treatment.
    • Stringent environmental regulations: Governments across the globe are imposing stringent regulations to minimize and mitigate industrial wastewater. Increasing stringent environmental regulations and water quality standards imposed by governments have been significant drivers for industrial wastewater treatment.
    • Increasing sustainability practices - Governments in various countries have been supporting sustainable practices and supporting the adoption of wastewater treatment technologies through subsidies, incentives, and favorable policies.

    Industrial-Wastewater-Treatment-Market-Dynamics

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    Key Players

    Some of the major players in the market are-

    • Ecolab Inc.
    • Feralco Group
    • IXOM
    • Kemira OYJ
    • Kurita Water Industries Ltd.
    • SNF Floerger
    • Solenis
    • Suez SA

    Segments Analysis

    By Type

    The industrial wastewater treatment market is segmented into coagulants, flocculants, corrosion inhibitors, scale inhibitors, biocides & disinfectants, chelating agents, anti-foaming agents, ph stabilizers, and others. The biocides & disinfectants segment held the largest share of the market in 2022, due to its high requirement in different applications of all the major end-use industries. Biocides can neutralize disease which causes microbes.

    Further, the increasing environmental regulations have propelled the demand for biocides and disinfectants in the industrial wastewater treatment market.

    By End-Use Industry Type

    The market is segmented into power generation, oil & gas, mining, chemical, food & beverage, and others. The power generation segment is estimated to be the largest as well as the fastest-growing segment, as clean water is an essential component for electricity generation. Further, the rapid growth in the population and urbanization, which increases the per capita power consumption, propels the growth during the forecast period. Moreover, the zero-liquid discharge (ZLD) mandate in the power generation industry plays a major role in increasing wastewater treatment chemical consumption in this industry.

    Regional Insights

    North America is estimated to be the largest market, whereas Asia-Pacific is estimated to be the fastest-growing market during the forecast period, with lucrative growth opportunities. The growth of the market is driven by the increasing demand for industrial wastewater treatment in the USA and Canada, and the stringent water purification regulations drive the consumption of wastewater treatment chemicals in these countries. Asia Pacific and Europe are also expected to offer considerable growth opportunities during the forecast period.

    Industrial-Wastewater-Treatment-Market-Regional-Insights

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    Critical Questions Answered in the Report

    • What are the key trends in the market?
    • How the market (and its various sub-segments) has grown in the last five years and what would be the growth rate in the next five years?
    • What is the impact of COVID-19 on the market?
    • What are the key strategies adopted by the major vendors to lead in the market?
    • What is the market share of the top vendors?

    Market Segmentation

    This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision-making and growth strategy formulation based on the opportunities present in the market.

    The industrial wastewater treatment market is segmented into the following categories.

    By Type

    • Coagulants
    • Flocculants
    • Corrosion Inhibitors
    • Scale Inhibitors
    • Biocides & Disinfectants
    • Chelating Agents
    • Anti-Foaming Agents
    • Ph Stabilizers
    • Others

    By End-Use Industry Type

    • Power Generation
    • Oil & Gas
    • Mining
    • Chemical
    • Food & Beverage
    • Others

    By Region

    • North America (Country Analysis: the USA, Canada, and Mexico)
    • Europe (Country Analysis: Germany, France, the UK, Russia, Spain, and Rest of Europe)
    • Asia-Pacific (Country Analysis: China, Japan, India, South Korea, and Rest of Asia-Pacific)
    • Rest of the World (Sub-Region Analysis: Latin America, the Middle East, and Others)

    Industrial-Wastewater-Treatment-Market-Segmentation

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    Target Audience

    The following is a list of the customers that the market aims to convert the most:

    • Manufacturers
    • Suppliers
    • Distributors
    • Organizations
    • Government bodies

    Research Methodology

    This report offers high-quality insights and is the outcome of a detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders, and validation and triangulation with Stratview Research’s internal database and statistical tools.

    More than 1,000 authenticated secondary sources, such as company annual reports, fact books, press releases, journals, investor presentations, white papers, patents, and articles, have been leveraged to gather the data.

    We conducted more than 15 detailed primary interviews with the market players across the value chain in all four regions and industry experts to obtain both qualitative and quantitative insights.

    Report Features

    This report provides market intelligence most comprehensively. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision-making for the existing market players as well as those willing to enter the market.

    What Deliverables Will You Get in this Report?

    Key questions this report answers

    Relevant contents in the report

    How big is the sales opportunity?

    In-depth Analysis of the Industrial Wastewater Treatment Market

    How lucrative is the future?

    Market forecast and trend data and emerging trends

    Which regions offer the best sales opportunities?

    Global, regional, and country-level historical data and forecasts

    Which are the most attractive market segments?

    Market Segment Analysis and Forecast

    Which are the top players and their market positioning?

    Competitive landscape analysis, Market share analysis

    How complex is the business environment?

    Porter’s five forces analysis, PEST analysis, Life cycle analysis

    What are the factors affecting the market?

    Drivers & challenges

    Will I get the information on my specific requirements?

    10% free customization

    Report Customization Option

    Stratview Research offers one of the following free customization options to our respectable clients:

    Company Profiling

    • Detailed profiling of additional market players (up to 3 players)
    • SWOT analysis of key players (up to 3 players)

    Competitive Benchmarking

    • Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances.

    Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry to sales@stratviewresearch.com.

    Frequently Asked Questions (FAQs)

    Industrial wastewater treatment is a process that is used to treat wastewater, which is produced by industries as an undesirable by-product. After treatment, this wastewater can be reused or released to a sanitary sewer or to surface water in an environment. There are various sources of industrial wastewater such as electric power plants, the food industry, the iron and steel industry, the nuclear industry, petroleum refining and petrochemicals, the pulp and paper industry, and textile mills.

    The industrial wastewater treatment market was estimated at USD 13.32 billion in 2022.

    The industrial wastewater treatment market is likely to reach USD 18.12 billion in 2028.

    The industrial wastewater treatment market is likely to grow at a CAGR of 5.26% during 2023-2028.

    North America is estimated to be the largest industrial wastewater treatment market, whereas Asia-Pacific is estimated to be the fastest-growing market during the forecast period.

    Some of the major players in the market are- Ecolab Inc., Feralco Group, IXOM, Kemira OYJ, Kurita Water Industries Ltd., SNF Floerger, Solenis, and Suez SA.

    The Industrial Wastewater Treatment market is influenced by several key drivers, which play significant roles. A few of them are - 1. Growing industrial production Industrial production has demonstrated continued strength in the past few years. According to sources, in March 2023, global industrial production, excluding the United States, grew by 0.2 percent compared to the same time in the previous year. With this growing industrialization, the volume of industrial wastewater generated increases, creating a dire need for wastewater treatment. 2. Stringent environmental regulations: Governments across the globe are imposing stringent regulations to minimize and mitigate industrial wastewater. Increasing stringent environmental regulations and water quality standards imposed by governments have been significant drivers for industrial wastewater treatment. 3. Increasing sustainability practices - Governments in various countries have been supporting sustainable practices and supporting the adoption of wastewater treatment technologies through subsidies, incentives, and favorable policies.