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Type: PDF
Status: Syndicate
Categories: Advance Materials
Report Code : AM23
No. of Pages : 150
Water treatment is the industrial procedure of transforming wastewater into soft water to make it usable for the industrial processing. Water treatment equipment is needed to remove microbial contaminants such as unwanted bacteria, viruses, protozoa and other suspended solid particles from the water. Usage of poor-quality water in the industry is harmful for processing. Rising usage of water in the manufacturing sector is fueling the demand for industrial water treatment equipment. The rising growth of oil and gas reserves, pharmaceuticals, food and chemical sectors are propelling the market.
In addition, the market is observing the development of better and effective industrial wastewater treatment technology. Rising environmental concerns associated to the health of people who live near to the industrial areas are compelling the growth of the industrial water treatment market. On the other hand, the escalating demand for more environmentally friendly procedures will constrain the market growth.
The Global Industrial Wastewater Treatment Market in 2023 was approximately USD 12.4 Billion. The market is expected to grow at a CAGR of 6.82% and is anticipated to reach around USD 17 Billion by 2030.The factors contributing towards the growth are increasing demand from end user industries and advancement of innovative technologies, will drive the market for industrial wastewater treatment market. Water usage in the commercial and institutional sector is increasing at a rapid pace due to increasing applications.
Water is an indispensable resource for every industry. It is used in various processes during different manufacturing stages of a particular product. This results in the production of wastewater which must be treated before reusing or discharging back into the source. Several regulations exist with effluent guidelines serving as national standards. These control the discharge of wastewater into surface waters and public water treatment network.
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