Water & Wastewater Treatment Market in North America is Estimated to Value $119.56 Billion by 2025 | Hexa Research

19 February 2019, The North America Water & Wastewater Treatment Market size is expected to reach USD 119.56 billion by the end of 2025 with a CAGR of over 1.8% during the forecast period. This is attributed to the increasing demand for safe drinking water owing to the depletion of fresh water sources. Increasing industrialization and agricultural activities, primarily driven by the burgeoning population are expected to generate the demand for fresh and treated water. Thus, increasing discharge of wastewater along with rising need for fresh water will offer development opportunities for water and wastewater treatment facilities.

In 2017, technologies segment accounted for 15.98% of the overall market share and is anticipated to expand at a CAGR of 1.8% over the forecast period. Wastewater sources include factories, farms, homes, businesses, and hospitals. Advanced treatment technologies for water and wastewater treatment include flocculation, adsorption, ion exchange, Advanced Oxidation Process (AOP), membrane technology, membrane hybrid system, and nanotechnology. These technologies are used to fulfill different purposes, for instance, media filtration technology is used to remove the suspended solids, such as dirt, clay, organic matter, and others. The advanced carbon oxidation process removes dissolved organic matters from the wastewater without generation of sludge and with less energy input.

U.S. industrial wastewater treatment sector has experienced a significant transition from conventional filtration technology and highly efficient centrifugal filters to cloth media disk filters and advanced micro, ultra, and membrane filtration systems. The continuous evolution in technology has introduced a new trend towards wastewater treatment and reuse. Moreover, there are other technologies, such as aquatic, mechanical, and terrestrial treatment technologies. Thus, advancement in innovative water and wastewater treatment methods is expected to drive the growth of this market over the forecast period.

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The introduction of Membrane Bio Reactor (MBR) filtration systems will benefit the industrial units. This scenario is expected to result in the development of energy-efficient products, which would be integrated as a part of the MBR systems. According to the technical experts, higher membrane surface area in smaller packages will also be an important design consideration. The membrane technology is anticipated to gain traction in the industrial units due to the development of better construction materials and system configurations designed to support broader operating condition windows. Some of the key manufacturers in this market include Ecolab; BASF Corporation; Suez SA; Chemours Co.; Carus Corporation; ChemTreat, Inc.; Watertech of America, Inc.; Ovivo; Axine Water Technologies, Inc; and American Water.

The water treatment industry consists of several service providers, which offer a wide range of solutions for plant maintenance. Increasing need for maintenance has led to the rise in the number of service providers. They help in the sustainable management of water consumption. For instance, ChemTreat provides with CTVista to ensure efficient utilization of water in accordance with the environmental regulations. It also studies industrial client requirements and then recommends different program solutions for them, such as cooling tower water treatment to the systems, pretreatment chemical programs, and others. The international mergers of big companies are also expected to add the new mile to the wastewater treatment market.

For instance, the International Speciality Products, Inc. acquired ISP Biochema Schwaben GmbH in 2004 to expand its consumer base related to biocides and preservatives. The companies are further offering different services related to the specific need of effluent water, industry requirements, and government policies; hence, specified wastewater treatment packages are gaining popularity. For instance, Biochema has a range of Ecochemica services to help organizations save water and adopt sustainable practices.

Hexa Research has segmented the North America water & wastewater treatment market report based on type, end use and country :-

Segmentation by Type
• Chemicals
• Treatment Technologies
• Equipment & Services

Segmentation by End Use
• Municipal
• By U.S. Cities
• Industrial

Segmentation by Country
• U.S.
• Canada

Key players analyzed:
• Chem Treatment Inc.
• GE Water and Processed Technologies
• BASF Corporation
• Chemours Co.
• Suez
• Ecolab
• Watertech of America Inc.
• Carus Corporation
• Ovivo
• Axine Water Technologies Inc.
• American Water

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