[FURL=https://www.industryarc.com/Research/Wastewater-Treatment-Services-Market-Research-500038?utm_source=briefingwire&utm_medium=pressrelease&utm_campaign=paidpressrelease]Wastewater Treatment Services Market[/FURL] Wastewater Treatment Services Market size is forecast to reach $54 billion by 2026, after growing at a CAGR of 6.7% during 2021-2026 due to increasing demand from municipal and industrial sector. Wastewater treatment services are used for the purification of water by a natural process in primary and secondary stages and are also reused for water reclamation purposes. Wastewater treatment services provide design with flexibility and reliability to the treatment systems. Chemical treatment is one of the major processes used in wastewater treatment. During wastewater treatment service, the amount of waste that is usually released into the environment is reduced which improves the environment's health.Key Takeaways
North America dominates the wastewater treatment services market due to the increasing demand from municipal and industrial wastewater treatment processes in United States, Mexico, and Canada.
Increasing adoption of treatment services for residential, commercial, and industrial wastewater treatment as these services are reused for water reclamation and chemical treatment is estimated to grow the market size.
However, high exposure to hazardous gases such as methane and hydrogen sulfate from the wastewater treatment plants may create a hindrance for the market growth.
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Wastewater Treatment Services Market Segment Analysis – By Geography
North America dominated the global wastewater treatment services market with a share of 42% in 2020 owing to increasing demand for wastewater treatment services from the automotive, medical, food & beverages, mining, chemical treatment, and other industries in the United States, Canada, and Mexico. Hence, the growing demand for wastewater treatment services is estimated to increase public and private investment in wastewater plants. According to the Environment Protection Agency of America, the Nation’s wastewater footprint includes over 800,000 miles of public sewers and 500,000 miles of private lateral sewers in the region. In 2019, the annual water infrastructure capital investment was US$ 81 billion.
Wastewater Treatment Services Market Drivers
Increasing Investment for Wastewater Treatment Plants
Wastewater Treatment Services Market Landscape
Major players in the Wastewater Treatment Services market are Veolia, SUEZ, Xylem, Ecolab, Evoqua Water Technologies, Thermax, W.O.G. Group, Golder Associates, Envirosystems Inc., SWA Water , Holdings, and among others.
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