November 27, 2023 03:44 ET | Source: Rationalstat LLC Rationalstat LLC
Wilmington, Delaware, Nov. 27, 2023 (GLOBE NEWSWIRE) -- Global Industrial Wastewater Treatment Market size is valued at US$ 13.6 billion in 2023 and is predicted to rise at a substantial CAGR of 5.3% during the forecast period of 2023 and 2030 according to RationalStat analysis. Water And Wastewater
Market Definition, Market Scope, and Report Overview
Rapid industrialization coupled with population growth has doubled the pollution level of water. Unavailability of safe drinking water, and inefficient water and wastewater treatment systems are some of the challenges the world is facing. To overcome these issues key players are increasing their R&D capabilities to come up with advanced technologies, which would provide more results along with cost savings and fulfill the stringent government norms.
They are focusing on the adoption of new technologies such as biological treatment, membrane bioreactors, and activated sludge. They are also focusing on focusing on the implementation of ZLD technology to broaden their revenue streams. Most industries treat their effluent on-site before discharging it into a river or sewer. Governments are implementing stringent rules to prevent water pollution, which is fuelling the growth of the Industrial wastewater treatment market.
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Global Industrial Wastewater Treatment Market: Segmental and Market Share Analysis
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Competition Analysis and Market Structure
Some of the prominent players adopt various strategies to reinforce their market share and gain a competitive edge over other competitors in the market. Mergers & acquisitions, and partnerships and collaborations are some of the strategies followed by industry players, some of the key developments in the industrial wastewater treatment market include,
Some of the prominent players and suppliers operating and contributing significantly to the industrial wastewater treatment market growth include BWA Water Additives, The Dow Chemical Company, Cortec Corporation, Buckman Laboratories International Inc., AkzoNobel N.V., Solvay S.A., Solenis LLC, Kemira Oyj, Ecolab Incorporated, and BASF SE, among others.
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RationalStat has segmented the industrial wastewater treatment market based on chemicals, end user, and region
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Key Questions Answered in the Industrial Wastewater Treatment Report:
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