Meticulous Research®, a premier global market research firm, has released a comprehensive report titled "Tertiary Water and Wastewater Treatment Technologies Market by Type (Membrane Filtration, UV Radiation, Chlorination, Ozonization, Activated Carbon, and Ion Exchange), Application (Municipal and Industrial), and Geography—Global Forecast to 2031." This in-depth study projects the global market for tertiary water and wastewater treatment technologies to soar to $67.3 billion by 2031, reflecting a robust CAGR of 18.4% from 2024 to 2031.
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The anticipated growth in the tertiary water and wastewater treatment technologies market is driven by several critical factors, including rapid population growth, urbanization, the diminishing availability of freshwater resources, and the rising incidence of waterborne diseases. However, challenges such as high installation, maintenance, and operational costs may restrain market expansion. Despite these hurdles, the escalating demand for energy-efficient and advanced water treatment technologies presents considerable opportunities for market players. Additionally, upgrading and repairing aging water infrastructure remains a significant challenge for industry stakeholders.
The market segmentation for tertiary water and wastewater treatment technologies is based on type, application, and geography, providing a detailed analysis of regional and country-level markets along with competitive insights.
Key Market Players
The report profiles prominent players in the global tertiary water and wastewater treatment technologies market, including:
Suez Environment S.A. (France)
Veolia Environment SA (France)
Xylem, Inc. (U.S.)
DuPont de Nemours, Inc. (U.S.)
Evoqua Water Technologies Corporation (U.S.)
3M Company, Inc. (U.S.)
Pentair plc (U.K.)
Calgon Carbon Corporation (U.S.)
Kurita Water Industries, Ltd. (Japan)
Bio-Microbics, Inc. (U.S.)
ASIO, spol. s r.o. (Czech Republic)
Scinor Water America, LLC (U.S.)
Elgressy Engineering Services Ltd. (Israel)
Outotec Oyj (Finland)
Blue Eden CleanTech Solutions, Inc. (Canada)
Membracon Ltd. (U.K.)
Lamor Corporation Ab (Finland)
Ozone Tech Systems (Sweden)
Market Segmentation Insights
Type Segmentation: The market is segmented into various technologies, including membrane filtration, reverse osmosis, ultraviolet (UV) radiation, chlorination, ozonization, activated carbon, ion exchange, and electrochemical water treatment technologies. The membrane filtration segment is projected to dominate the market in 2024 due to rising consumer health awareness, a growing emphasis on chemical reduction in water treatment, and operational cost efficiency.
Application Segmentation: The market is further categorized into municipal and industrial applications. The municipal segment is anticipated to hold the largest market share in 2024, propelled by increasing government focus on water quality, public health initiatives, and a surge in water treatment projects, particularly in Asia.
Geographical Insights: From a geographical perspective, Asia-Pacific is expected to lead the market in 2024, driven by rapid urbanization, heightened demand for advanced residential water treatment solutions, technological advancements in membrane filtration, environmental degradation, and increased public sector investments in water infrastructure.
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