Projected data on intangible aspects such an import and export status, supply chain management, distribution channel, consumption capability and production capacity are explained through resources including tables, charts, and graphic images.The global Water and Wastewater Treatment Market will be worth USD 472.53 Billion by 2027, according to a current analysis by Emergen Research. The growth of this market can be attributed to the lack of freshwater resources in different parts of the world. The growing global population is suffering from the scarcity of water, especially the people from Africa and the Middle East, which has increased the adoption of the water and wastewater treatment facilities in the region.
To help gain the business owner further gain business intelligence the study on the Water and Wastewater Treatment Market for the forecast period 2020 – 2027 brings to light data on production capability, consumption capacity, spending power, investment feasibility, and technology innovation. A thorough assessment of market performance across different regions is presented through self-explanatory graphic images, charts, and tables that add weight to corporate presentations and marketing materials. The study offers regional profiles of major vendors and extensive country-level break down to empower companies to make a wise investment decision when exploring new regions.
The rapid urbanization, infrastructural and technological developments of the existing sewage treatment facilities have augmented the demand for water and wastewater treatment facilities over the forecast period. Increasing demand for affordable fresh packaged drinking water and water purifiers is most likely to propel the demand for water treatment facilities. Increasing research and development regarding the incorporation of advanced technologies such as Artificial intelligence and nanotechnology to treat water and wastewater will surely drive the growth of the industry.
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Key Highlights From The Report
In June 2020, Siemens collaborated with Acciona in order to create a Digital Twin to improve water treatment plants. The new technology achieved through this collaboration is used to analyze, optimize, and improve productivity, reducing operating times, and finding faults early.
The municipal segment held the largest market share of 57.4% in 2019 as the water, and wastewater treatment facilities are extensively used by the municipal corporations. The scarcity of freshwater in the developing economies has resulted in the increasing usage of water treatment facilities by municipal corporations.
The chemical segment is forecasted to grow with the fastest CAGR of 7.6% over the forecast period. Chemicals such as coagulants & flocculants are widely used by the municipal corporation to remove the suspended solid particles from the wastewater.
The Asia Pacific region is expected to be the fastest-growing region over the forecast period. Rapid urbanizations and industrializations and increasing investments by public and private organizations for technological advancement of water treatment facilities are expected to drive this segment’s growth.
Key participants include Acciona, Veolia, Ecolab Inc., SUEZ S.A., Kurita Water Industries, Xylem Inc., DuPont, Orenco systems, Hydro International, and Aquatech International LLC, among others.
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Regional Landscape
The report further covers extensive regional analysis of the Vertical Farming industry with regards to market scope, market size, market share, revenue generation, production and consumption ratio, supply and demand ratio, and analysis of the key players operating in those regions. The regional analysis covers given below –
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Market Segmentation
Product & Service Outlook (Revenue, USD Billion; 2017-2027)
Equipment (Filtration, Disinfection, Biological, Demineralization, Sludge Treatment)
Chemicals (Coagulants & Flocculants, Biocide & Disinfectant, Anti-foaming Agents, Scale & Corrosion Inhibitors, pH & Adjuster & Softener)
Service
Application Outlook (Revenue, USD Billion; 2017-2027)
Industrial
Municipal
Regional Outlook (Revenue, USD Billion; 2017-2027)
North America
Europe
Asia Pacific
Latin America
Middle East & Africa
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