New York, September 30, 2021 (GLOBE NEWSWIRE) – Reportlinker.com announces the publication of the report “Wastewater Treatment Equipment Global Market Report 2021: COVID-19 Growth And Change To 2030” – https: //www.reportlinker. com / p06151590 /? utm_source = GNW
$ 24 billion in 2020 to $ 29.42 billion in 2021 at a compound annual growth rate (CAGR) of 4.2%. The growth is primarily driven by businesses resuming operations and adjusting to the new normal while recovering from the impact of COVID-19, which previously led to restrictive containment measures involving social distancing, the remote work and closure of business activities which resulted in operational challenges. The market is expected to reach $ 34.47 billion in 2025 at a CAGR of 4%.
The wastewater treatment equipment market consists of the sale of wastewater treatment equipment and related services. Wastewater treatment equipment is used to treat solid, liquid, gaseous or radioactive substances, sanitation and treatment of sewage effluent and waste from households, businesses and other organizations.
Wastewater carries a mixture of suspended or dissolved solid wastes or effluents from residential, agricultural or industrial areas. Wastewater treatment equipment includes water filtration equipment, membrane equipment, thermal distillation equipment and evaporators, and disinfection equipment.
The Wastewater Treatment Equipment market covered in this report is segmented by Equipment into Filtration Equipment, Membrane Equipment, Thermal Distillation Equipment and Evaporators, Disinfection Equipment. It is also segmented by application into municipal, industrial; by process in primary, secondary, tertiary and by texture in smooth, textured.
The regions covered in this report are Asia Pacific, Western Europe, Eastern Europe, North America, South America, Middle East & Africa.
The wastewater treatment equipment market is constrained by the high installation and operating costs of the equipment, leading to indirect investments. costs.
In addition, the high energy consumption of wastewater treatment equipment leads to high operation and maintenance costs due to the large amount of sludge generated. For example, most of the wastewater generated in Sri Lanka is untreated, with around 65.3 million liters / day of untreated domestic wastewater in the capital Colombo. According to a report by Black & Veatch on the wastewater industry, managing capital costs and operational costs are the main challenges for the wastewater industry. In addition, according to a UN (United Nations) water quality report, 80% of wastewater in developing countries is discharged untreated directly into water bodies and industries across the world. dump around 300-400 MT of polluted waste into water bodies each year to reduce treatment costs. For example, in Finland, an initial investment of 7,000 to 10,000 euros is required to install a modern on-site wastewater treatment plant. In addition, the operating costs of these are also high as they include the cost of chemicals, electricity and service contracts.
The growing use of Internet of Things (IoT) sensors is the latest trend in the wastewater treatment equipment market. The Internet of Things (IoT) is a network of physical devices that communicate over the Internet.
Environmental sensors measure pollution causing particles in the air and water, thereby monitoring the quality of the air or water. They also detect radiation and dangerous chemicals in the environment.
The majority of organizations that operate in the water industry depend on Supervisory Control and Data Acquisition (SCADA) systems to monitor water distribution systems. The use of IoT in water systems uses smart sensors that detect information about water quality, temperature changes, pressure changes and potentially chemical leaks.
For example, companies in the water treatment industry, such as Biz4solutions Company, provide innovative solutions for efficient wastewater management and water analysis analyzes through systematic management of water. IoT water to manage water recycling, reduce the amount of water leakage, and effectively manage wastewater. .
The wastewater treatment equipment market is driven by rapid disposal of wastewater from industrial and residential sector. The large amount of wastewater removed increases the need for water treatment using wastewater treatment equipment.
According to a study published by the European Environment Agency (EEA), the percentage of the residential population discharging wastewater in northern European countries is still over 80%, of which more than 70% have benefited from ” tertiary wastewater treatment. In addition, in the countries of central Europe, the proportion of the population connected to urban waste water treatment in the south, south-east and east of Europe is 97%, of which 75% benefit from tertiary wastewater treatment.
According to the International Water Association’s (IWA) Wastewater Report, the Philippines accounted for about one million cubic meters of wastewater discharged annually from the industrial sectors of Manila Bay and Laguna Lake. These factors are driving the sewage treatment equipment market.
The wastewater treatment equipment market in the United States is regulated by the United States Environmental Protection Agency (EPA). The EPA has established standards for secondary wastewater treatment for public treatment works (POTW).
These standards have certain technological requirements for municipal wastewater treatment. The EPA has specified a list of state-approved products for on-site wastewater treatment.
Governments around the world are constantly investing in environmental regulations and policies to be implemented by businesses, manufacturing companies and even households. The US government adopted the Frank R.
Lautenberg Chemical Safety Act specifying guidelines for companies in the chemical industry for the proper management, storage and disposal of mercury in order to safeguard state environmental authorities for air, water, disposal and waste treatment. In addition, the EPA also specifies national standards for decentralized wastewater treatment. In addition, regulatory bodies such as the National Sanitation Foundation (NSF) and the American National Standards Institute (ANSI) formulate and develop standards for on-site wastewater treatment.
The countries covered in the market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, United Kingdom and United States.
Read the full report: https://www.reportlinker.com/p06151590/?utm_source=GNW
ReportLinker is an award winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need – instantly, in one place.