Dublin, May 22, 2024 (GLOBE NEWSWIRE) -- The "Sewage Treatment Facilities - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
Global Sewage Treatment Facilities Market to Reach $221.6 Billion by 2030
The global market for Sewage Treatment Facilities estimated at US$138.8 Billion in the year 2023, is projected to reach a revised size of US$221.6 Billion by 2030, growing at a CAGR of 6% over the analysis period 2023-2030.
The global market for sewage treatment technologies is poised for significant growth, with developing economies expected to spearhead future expansion. Recent market activities highlight the increasing demand for advanced sewage treatment facilities, driven by the rise in sewage discharge volumes, scarce water resources, and the need for clean water.
Residential Sewage Treatment Facilities, one of the segments analyzed in the report, is projected to record 6.7% CAGR and reach US$121.9 Billion by the end of the analysis period. Growth in the Industrial segment is estimated at 5.7% CAGR for the next 8-year period.
As world fresh water resources become more limited, with a percentage breakdown showing the reliance on various sources, the deteriorating water quality and the widening gap between safe and reliable water supplies intensify the need for effective wastewater treatment. This necessity is underscored by the high percentages of contaminated water in drinking supplies across Africa, Asia, and Latin America & the Caribbean, and the varied rates of wastewater treatment in Europe, Asia, Latin America, and Africa.
The expanding global population and the impacts of globalization necessitate increased investments in sewage treatment facilities, propelling market growth. Leading global brands are actively involved in this sector, contributing to recent advancements and innovations in sewage treatment technologies. The ongoing need for sustainable water management solutions is driving the development and adoption of these technologies worldwide, ensuring safe and clean water supplies for the future.
The U.S. Market is Estimated at $33.1 Billion, While China is Forecast to Grow at 7.5% CAGR
The Sewage Treatment Facilities market in the U.S. is estimated at US$33.1 Billion in the year 2023. China, the world's second largest economy, is forecast to reach a projected market size of US$32.6 Billion by the year 2030 trailing a CAGR of 7.5% over the analysis period 2023 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.7% and 4.6% respectively over the 2023-2030 period. Within Europe, Germany is forecast to grow at approximately 5.6% CAGR.
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 585 |
| Forecast Period | 2023 - 2030 |
| Estimated Market Value (USD) in 2023 | $138.8 Billion |
| Forecasted Market Value (USD) by 2030 | $221.6 Billion |
| Compound Annual Growth Rate | 6.9% |
| Regions Covered | Global |
MARKET OVERVIEW
- Sewage Treatment Facilities - Global Key Competitors Percentage Market Share in 2023 (E)
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2023 (E)
- Sewage Treatment Facilities: Holding Crucial Role in Sewage & Wastewater Treatment
- Sewage Generation & Collection
- Sewage Characteristics
- Sewage Treatment Process
- Sewerage Systems
- Select Sewage Treatment Technologies
- Global Market Outlook
- Developing Economies to Spearhead Future Growth
- World Brands
- Recent Market Activity
MARKET TRENDS & DRIVERS
- Rise in Sewage Discharge Volumes, Scarce Resources and Need for Clean Water to Drive Need for Sewage Treatment Facilities
- World Fresh Water Resources: Percentage Breakdown by Sources of Fresh Water
- Deteriorating Water Quality and Widening Gap between Safe & Reliable Water Supply Intensify the Need for Wastewater Treatment
- Percentage of Contaminated Water in Drinking Water Supplies in Africa, Asia, and Latin America & Caribbean
- Percentage of Wastewater Treatment in Europe, Asia, Latin America, and Africa
- Expanding Population & Globalization Necessitates Investments into Sewage Treatment Facilities, Propelling Market Growth
- As Urban Population Expands, Demand for Sewage Treatment Facilities Poised to Grow
- Growing Pressure from Governments & Stringent Regulatory Landscape Contribute to Rising Investments in Sewage Treatment Facilities
- Threat of Micropollutants & Limitations of Conventional Wastewater Treatments Drive Focus onto Advanced Sewage Treatment Technologies
- Advanced Treatment to Remove Micro-Pollutants
- Increase in Industrial Activities Shifts Focus onto Effective Sewage Treatment Facilities
- Low Level of Wastewater Treatment Services in Low-Income Economies: A Major Hurdle
- % of Wastewater Treatment in Select Asia-Pacific Countries
- Growing Threat of Waterborne Diseases through Sewage Discharges Enhances Importance of Sewage Treatment Plants
- Medical Sewage Wastewater Treatment: Vital to Reduce Risk of Infections & Illnesses
- Innovative Sewage Waste Management Technologies
- Key Challenges Confronting Sewage Treatment Plants
FOCUS ON SELECT PLAYERS (Total 217 Featured)
- American Water Works Co., Inc.
- Aevitas Co.
- Aerator Solutions
- ADFerTech
- Agua
- Advanced BioCatalytics Corp
- ABIONIK
- Aegis Petroleum Technology
- ALAR Engineering Corporation
- Advanced Chemical Systems
- ALCOSAN
- Alnarp Cleanwater
- American Contracting & Environmental Services
- Adams Robinson
- Alpheus
For more information about this report visit https://www.researchandmarkets.com/r/mj6va8
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