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Global Water And Sewage Market Growth Trajectory Through 2024-2033

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Santhosh
Global Water And Sewage Market Growth Trajectory Through 2024-2033

The Water And Sewage by The Business Research Company provides market overview across 60+ geographies in the seven regions - Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).

Learn More On The Water And Sewage Market:

https://www.thebusinessresearchcompany.com/report/water-and-sewage-global-market-report


According to The Business Research Company’s Water And Sewage, The water and sewage market size has grown strongly in recent years. It will grow from $683.29 billion in 2023 to $732.13 billion in 2024 at a compound annual growth rate (CAGR) of 7.1%. The growth in the historic period can be attributed to increase in regulations of government for wastewater treatment, rapid urbanization, growing wastewater complexities, increased demand for water from agricultural sector, increased demand for steam and air-conditioning supply, and emerging markets growth..

The water and sewage market size is expected to see strong growth in the next few years. It will grow to $962.75 billion in 2028 at a compound annual growth rate (CAGR) of 7.1%. The growth in the forecast period can be attributed to the rise in global population, rapidly diminishing fresh water resources, increasing demand for wastewater treatment, industrial pollutions, awareness on cleanliness and increasing smart cities will drive growth. Major trends in the forecast period include investing in the development of technologies, developing or adopting drip irrigation systems, deploying artificial intelligence in the wastewater and sewage treatment, implementing of iot based smart irrigation systems, developing of energy efficient and ecofriendly products and attracting government investments.

The large amount of wastewater, which is untreated, is expected to propel the growth of the water and sewage market. Wastewater is used water and it is generated at residential as well as at businesses, which contain nitrogen and phosphorus from human waste, food, and specific soaps and detergents. The water needs to be treated in sewage treatment facilities to reduce the pollutants to a level that nature can tolerate, generating demand for sewage treatment facilities. For instance, according to the “Urban Wastewater Scenario In India” report by the NITI Aayog, an apex public policy think tank of the Government of India, for the 2020–2021 year, wastewater generation in rural areas was estimated to be around 39,604 Million Liters Per Day (MLD), whereas it was estimated to be 72,368 MLD in urban areas. Only 28% of MLD was being treated, implying that 72% of the wastewater remained untreated, presenting a large opportunity for sewage treatment facilities. Therefore, the large amount of untreated wastewater is expected to drive the water and sewage market going forward.

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The water and sewage market covered in this report is segmented –

1) By Type: Water Supply and Irrigation Systems, Sewage Treatment Facilities, Steam and Air-Conditioning Supply

2) By Operator: Public, Private

3) By End-User: Residential, Commercial, Industrial, Agriculture

Conventional wastewater treatment plants are using advanced technologies to treat micropollutants. Micro-pollutants are contaminants originating from pharmaceutical residues, household chemicals, personal care products, and pesticides. Technologies such as moving bed biofilm reactors (MBBR), ozone-based advanced oxidation, adsorption, and powdered activated carbon (PAC) are being used to remove micro-pollutants from wastewater. There has been a growing focus on removing micro-pollutants from wastewater streams in European countries such as Germany and Switzerland. In Germany, advanced technologies such as GE’s membrane bioreactor and powdered activated carbon technology are proving to be cost-effective ways of removing micro-pollutants from wastewater. For instance, some of the major companies using advanced technologies to treat micro-pollutants include Suez Group, Arvia, and Novartis.

The water and sewage market report table of contents includes:

1. Executive Summary

2. Water And Sewage Market Characteristics

3. Water And Sewage Market Trends And Strategies

4. Water And Sewage Market - Macro Economic Scenario

5. Global Water And Sewage Market Size and Growth

.....

32. Global Water And Sewage Market Competitive Benchmarking

33. Global Water And Sewage Market Competitive Dashboard

34. Key Mergers And Acquisitions In The Water And Sewage Market

35. Water And Sewage Market Future Outlook and Potential Analysis

36. Appendix

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