August 2024
19 Jul 2024
The global industrial wastewater treatment market revenue was valued at USD 17.23 billion in 2023 and is poised to grow from USD 18.28 billion in 2024 to USD 32.22 billion by 2033, at a CAGR of 6.50% during the forecast period 2024 – 2033. The growing awareness of corporate social responsibility is expected to drive the growth of the industrial wastewater treatment market.
The industrial wastewater treatment market deals with discarded water, which is suspended and dissolved in water during the industrial manufacturing procedure. There is the development of industrial wastewater treatment to protect the wastage of water, which includes the processes and methods used to treat water contaminated by commercial or industrial activities before its release into the reuse or environment.
The growing industrialization across the world, rising support for sustainable development, increasing industrial demand, and depleting freshwater resources contributed to driving the market growth. In addition, increasing stringent government regulations, increasing awareness about sustainability practices, and growing generation of green hydrogen from industrial wastewater are further anticipated to enhance the growth of the industrial wastewater treatment market during the forecast period.
Improved water quality, extended equipment lifespan sustainability and environmental responsibility, and more advantages to fuel market growth
Industrial wastewater treatment successfully removes impurities and pollutants and provides cleaner water for industrial consumption, manufacturing, and processes. In addition, industrial wastewater treatment keeps equipment in a top working state longer by reducing corrosion, slit accumulation, and scale and avoiding clogging on sensitive equipment surfaces. Clean equipment needs replacements or repairs, which minimizes maintenance costs.
Furthermore, implementing wastewater treatment reduces the environmental impact and promotes responsible water use of industrial processes. Moreover, addressing environmental regulations and water quality standards is vital for many industries. Industrial wastewater treatment ensures that wastewater discharge avoids penalties and fines and compliance with regulatory requirements. These are some major advantages that are expected to drive the growth of the industrial wastewater treatment market.
However, energy consumption, harmful chemical use, and impact on ecosystems may restrain the growth of the market. Industrial wastewater treatment requires a significant amount of energy to operate blowers, aerators, pumps, and other industrial pumps. Energy consumption adds to the plant’s operating costs and contributes to greenhouse gas emissions. In addition, some wastewater treatment procedures require the use of chemicals such as polymers, alum, and chlorine to aid in the treatment procedures.
The disposal and handling of these chemicals can create health and environmental risks that cannot be managed properly. Additionally, industrial wastewater treatment can create noise and odors that may be unwanted and unpleasant for nearby residents. These are the restraining factors that may hinder the growth of the industrial wastewater treatment market.
| Report Attribute | Key Statistics |
| Market Revenue in 2024 | USD 18.28 Billion |
| Market Revenue by 2033 | USD 32.22 Billion |
| Market CAGR | 6.50% from 2024 to 2033 |
| Quantitative Units | Revenue in USD million/billion, Volume in units |
| Largest Market | Asia Pacific |
| Base Year | 2023 |
| Forecast Period | 2024 to 2033 |
| Regions Covered | North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa |
Recent Innovation in Industrial Wastewater Treatment by ABB
In February 2024, Ability Energy Management for water and wastewater, ABB launched OPTIMAX solution to the industry. The aim of this launch was to identify unwanted energy losses within industrial plants. The digital optimization tool can help reduce both energy costs and energy use through the visibility of multiple assets and coordinated control.
Recent Innovation in Industrial Wastewater Treatment by Valemet
In January 2024, Valmet launched its new Valmet Polymer Concentration Measurement. This was the first modern optical inline polymer measurement for industrial and commercial wastewater treatment, as well as paper and pulp processes. Continuous polymer and real-time concentration data create new opportunities for process optimization, such as faster reaction to process disturbances, savings in polymer usage, and more accurate polymer dosage, among others.
The North America Industrial Wastewater Treatment Market is poised for significant growth, driven by stringent environmental regulations, technological advancements, and expanding industrial activities
Europe is expected to grow fastest during the forecast period. Due to advanced industrial advancements, high usage by various end-use sectors such as food & beverages, manufacturing, chemicals, and power, and increasing disposal of industrial wastewater are anticipated to drive the growth of the market in Europe. Germany is the major country and holds a significant market share in the region. EnviroChemie is the leading company in decentralized industrial wastewater treatment in Germany and other European economies. There are countless different types of industrial wastewater treatment in Germany. German companies support and promote industrial wastewater treatment projects both locally and in remote locations. These are the major factors estimated to boost the growth of the industrial wastewater treatment market in Europe.
China has increased its efforts and focused on combating high levels of environmental pollution in recent years. China has the world’s second-highest sewerage processing capacity and has developed various technologies to treat industrial wastewater with thousands of wastewater plants. China also addresses flood water retention and runoff issues and utilizes ‘constructed wetlands’ as an alternative ecological method of treating wastewater. Foreign investors can bring new technologies and experiences to China. The Chinese government is estimated to spend an additional RMB R trillion to improve household supply and water infrastructure. These are the key factors in China that are expected to enhance the growth of the industrial wastewater treatment market in the Asia Pacific region.
Growing research & development and technological innovation
Increasing ongoing technological advancements in industrial wastewater treatment technologies, such as artificial intelligence applications, electrochemical processes, and membrane filtration. These advanced opportunities create cost-effective and more efficient solutions. This innovation can enhance market growth by reducing operational costs and improving treatment effectiveness. Artificial intelligence improves wastewater treatment procedures by identifying large amounts of data and creating predictive models. This allows operators to take proactive measures and make informed decisions to improve system efficiency. These opportunities are expected to accelerate the growth and demand for the industrial wastewater treatment market in the coming future.
Market Segmentation
By Type
By Application
By Technology
By End Use Industry
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