Wastewater Treatment Services Market is predicted to reach USD 98.1 billion at a CAGR of 6.80% during the forecast period 2023-2032

Market Research Future (MRFR) has published on the “Global Wastewater Treatment Services Market”.


The Wastewater Treatment Services market is estimated to register a CAGR of 6.80% during the forecast period of 2023 to 2032.


MRFR recognizes the following companies as the key players in the global wastewater treatment services market— Veolia (France),SUEZ Worldwide (France),DuPont (U.S.),3M (U.S.),Xylem (U.S.),Kemira (Finland),Evoqua Water Technologies LLC (U.S.),Pentair PLC (U.K.),Ecolab (U.S.),American Water (U.S.),Acciona (Spain),Hydro International (U.K.),Aquatech International LLC (U.S.),Trojan Technologies (Canada),BioMicrobics Inc. (U.S.),Kurita Water Industries Ltd. (Japan),ASIO (Czech Republic)


Market Highlights


The global wastewater treatment services market is accounted to register a CAGR of 6.80% during the forecast period and is estimated to reach USD 98.1 Billion by 2032.


Global demand for wastewater treatment services was rising. The demand for effective wastewater treatment systems was fueled by rising water contamination and environmental laws. Businesses that provide cutting-edge treatment technologies, recycling systems, and sustainable strategies grew significantly. Consult current sources and industry reports for up to date information.


Segment Analysis


The global wastewater treatment services market has been segmented into segment and application.


On the basis of segment, the market is segmented into chemicals, equipment and services. The services segment dominated the market in 2022. The increasing adoption of digital technologies across industries is fueling the need for services related to digital transformation.


Based on application, the global wastewater treatment services market has been segmented into municipal and industrial. The municipal category generated the most income in 2022. The requirement to create and maintain infrastructure, including public buildings, water and wastewater systems, roads, bridges, and public transportation, has a significant impact on municipalities.


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Regional Analysis


The global wastewater treatment services market, based on region, has been divided into the North America, Europe, Asia-Pacific, and Rest of the World. North America consists of US and Canada. The Europe Wastewater Treatment Services market comprises of Germany, France, the UK, Italy, Spain, and the rest of Europe. The Wastewater Treatment Services market in Asia-Pacific has been segmented into China, India, Japan, Australia, South Korea, and the rest of Asia-Pacific. The Rest of the World Wastewater Treatment Services market comprises of Middle East, Africa, and Latin America.


In 2022, this market was headed by the North America wastewater treatment services market (45.80%). In North America, there are a number of outdated wastewater treatment plants that require modernization or replacement. The need to fill positions working on infrastructure repair projects creates opportunity for businesses that offer wastewater treatment services.


Moreover, the second-largest market share belongs to the wastewater treatment services market in Europe. In accordance with the Sustainable Development Goals (SDGs) of the United Nations, European countries are encouraged to promote sustainable water management, which includes wastewater treatment and reuse.


Additionally, from 2023 to 2032, the CAGR for the market for wastewater treatment services in Asia-Pacific is predicted to be the quickest. As the economies of the Asia Pacific area continue to expand, there is an increased demand for modern wastewater treatment services and technologies.


Furthermore, Latin America's market for wastewater treatment services was expanding. The need for effective wastewater treatment technologies was spurred by rising water contamination and stronger environmental restrictions. Businesses that provide cutting-edge treatment methods and environmentally friendly strategies saw noticeable growth. Consult current sources and industry studies for the most up-to-date insights.


Key Findings of the Study



  • The global wastewater treatment services market is expected to reach USD 98.1 Billion by 2032, at a CAGR of 6.80% during the forecast period.

  • The Asia-Pacific region accounted for the fastest-growing global market. As the Asia Pacific region's rising economies flourish, modern wastewater treatment services and technologies are in more demand.

  • Based on application, the municipal segment was attributed to holding the largest market in 2022.

  • Veolia (France), SUEZ Worldwide (France), DuPont (U.S.), 3M (U.S.), Xylem (U.S.), Kemira (Finland), Evoqua Water Technologies LLC (U.S.), Pentair PLC (U.K.), Ecolab (U.S.), American Water (U.S.), Acciona (Spain), Hydro International (U.K.), Aquatech International LLC (U.S.), Trojan Technologies (Canada), BioMicrobics Inc. (U.S.), Kurita Water Industries Ltd. (Japan), and ASIO (Czech Republic).

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