Increasing need to dispose of industrial and human effluents without causing any harm to the environment is driving the market
Vancouver, BC -- (SBWIRE) -- 01/22/2021 -- Biological wastewater treatment involves the disposal of industrial and household wastewater without adversely affecting the environment by the removal of unwanted impurities like harmful bacteria and suspended particulate matter.
It is an efficient treatment process that removes almost 98% of the wastewater's organic waste materials. Scarcity of water is a major concern in the developing economies, which has contributed a great way in the growth of the market demand. The biological wastewater treatment market is estimated to reach a value of USD 12.48 Billion by 2027 at a CAGR of 5.2% during the forecast period, according to a latest report by Emergen Research.
Key market participants include Suez Water Technologies & Solutions, Evoqua Water Technologies LLC, Veolia, Xylem Inc., Aquatech International, Condorchem Envitech, S.L., Pentair Plc, Ecolab Inc., DAS Environmental Expert GmbH, and Samco Technologies, Inc.
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The aerobic segment held the largest market share of 59.4% in 2019. Ability of the aerobic wastewater treatment process to handle large amounts of wastewater has driven use of this process in treating industrial wastewater.
The municipal segment is projected to expand at the most rapid CAGR of 5.7% during the forecast period. Stringent discharge standards imposed by governments of developing economies on the release of wastewater are driving use of the biological wastewater treatment process among municipalities.
Growing need for eliminating harmful bacteria from wastewater will fuel market demand during the forecast period. Moreover, escalating need for industrial wastewater treatment with high temperatures will augment market growth by directly affecting the demand.
Process Outlook (Revenue, USD Billion; 2017–2027)
End-use Outlook (Revenue, USD Billion; 2017–2027)
Industrial (Pharmaceuticals, Meat & Poultry, Pulp & Paper, Chemicals, Oil & Gas)
Governments have implemented stringent policies for the discharge and disposal of wastewater in the developing economies, which have positively impacted market growth. Governments have also taken initiatives and started programs to make people aware of wastewater treatment methods, which will impact market growth during the forecast period.
Owing to advanced treatment methods and stringent government policies regarding wastewater discharge and disposal, the North American region will be the leading market shareholder during the forecast period. The Asia Pacific region is expected to record the highest CAGR during the forecast period due to the scarcity of water experienced by developing economies in the region.
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Table of Content
Chapter 1. Methodology & Sources
1.1. Market Definition
1.2. Research Scope
1.4. Research Sources
1.4.3. Paid Sources
1.5. Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2019-2027
Chapter 3. Key Insights
Chapter 4. Biological Wastewater Treatment Market Segmentation & Impact Analysis
4.1. Biological Wastewater Treatment Market Material Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Market indicators analysis
4.2.2. Market drivers analysis
220.127.116.11. Increasing need for sustainable wastewater treatment
18.104.22.168. Stringent government regulations regarding Industrial wastewater emissions
22.214.171.124. Growing environmental and climatic concerns
126.96.36.199. Lack of freshwater resources
4.2.3. Market restraints analysis
188.8.131.52. High cost of the industrial wastewater treatment
184.108.40.206. High capital investment required for advanced wastewater treatment
220.127.116.11. Present challenging economic conditions due to the pandemic
4.3. Technological Insights
4.4. Regulatory Framework
4.5. Porter's Five Forces Analysis
4.6. Competitive Metric Space Analysis
4.7. Price trend Analysis
4.8. Covid-19 Impact Analysis
Chapter 5. Biological Wastewater Treatment Market By Process Insights & Trends, Revenue (USD Million), Volume (Kilo Tons)
5.1. Process Dynamics & Market Share, 2019 & 2027
Chapter 6. Biological Wastewater Treatment Market By End-use Insights & Trends Revenue (USD Million), Volume (Kilo Tons)
6.1. End-use Dynamics & Market Share, 2019 & 2027
6.1.1. Industrial (Pharmaceuticals, Meat & poultry, Pulp & paper, Chemicals, Oil & gas)
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