Japan, Japan, Wed, 23 Mar 2022 04:38:22 / Comserve Inc. / -- India Water and Wastewater Treatment (WWT) Technology Market With Top Countries Data, Industry Analysis , Size, Share, Revenue, Prominent Players, Developing Technologies, Tendencies and Forecast

The India Water and Wastewater Treatment (WWT) Technology Market was valued at USD 2,042.91 million in 2020 and the market is projected to register a CAGR of 8.55% during the forecast period  The COVID-19 outbreak has been negatively affecting the economy of India. The pandemic has negatively affected the operations of several end-user industries of the market studied and thereby has reduced the outflow of industrial wastewater. The COVID-19 pandemic has resulted in a huge drop in oil demand. The drop in demand resulted in the futures market for oil turning negative. This has resulted in decreased investments and a major scaling back in the drilling activities. As a result, the demand for water treatment technologies in the industry has declined.​ In the food and beverage industry, labor shortage and the shutdown of plants have reduced the food production levels in 2020.

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The food and beverages industry accounts for ~3% of India's GDP and is the single largest employer in the country, with more than 7.3 million workforces. Food items other than staple food and ready-to-eat food have witnessed a significant decline owing to the decreased food consumption in restaurants, hotels, etc. These trends have negatively impacted the growth of the food industry. Furthermore, in the pulp and paper industry, reduced imports of packaging material by major consumers resulted in a domestic oversupply of pulp and paper products in the manufacturing countries. This oversupply issue is negatively affecting the growth of the industry. - In the medium term, the rapidly diminishing freshwater resources and growing wastewater complexities​​​ are likely to drive the demand for water and wastewater treatment technologies in India.​ - On the flip side, the high cost of water treatment plants and the impact of the COVID-19 pandemic are expected to hinder the growth of the market studied.​ - Innovations in the water treatment technologies is anticipated to act as an opportunity for the market studied. Key Market Trends Treatment Equipment to Dominate the Market - The oil/water separation equipment is widely used in the oil and gas industry to separate oil and water, followed by the processing of oil to produce downstream products. Oil and water treatment industries are the largest segments that require the usage of gravity separators and hydro cyclones. - Suspended solids' removal is also a primary treatment process for wastewater treatment, where suspended solids and floating materials are effectively removed. Effluent is passed through various stages, to remove materials, such as wood pieces, plastic, paper, floating debris, metals, sand, clay, silt, ash, and other organic matter. - India is the third-largest producer of coal. Coal production in the country stood at 729.10 million tons (MT) in FY20 and is expected to reach 304.88 MT in FY21. Around 70% of the electricity generated in India comes from coal. Coal production requires plenty of water and there is a need for extensive wastewater treatment. Clarifiers and filtration disposable equipment are primarily used for the treatment of suspended solids in the mining sector in the country. The COVID-19 pandemic led to disruptions in the mining production rates and expansions in 2020 which has affected the adoption of newer equipment for solid treatments.​ Municipal Segment to Dominate the Market - Wastewater treatment is necessary and used across India in different cities. The major applications of treatment technologies include preliminary treatment, primary and secondary treatment, tertiary treatment, biological nutrient removal (BNR), resource recovery, and energy generation. Municipal wastewater treatment involves a lot of biomass. Therefore, biological treatment is a major step used for the treatment of bio waste.

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- Wastewater technology is primarily used in municipal wastewater treatment by the municipal authority of various cities across India. The constant rise in an urban population in major Indian cities has created the demand for wastewater treatment facilities in the country, to balance the population with the availability of freshwater. According to a survey by the United Nations, in 2030, 40.76% of the country's population is expected to reside in urban areas. As per the World Bank, India, along with China, Indonesia, Nigeria, and the United States, will lead the world's urban population surge by 2050. - In the coming years, desalination is expected to be a prominent technology in the Indian cities for the filtration of water, due to the rising scarcity of fresh water in the country. Desalination is process through which the salinity of seawater is removed, thereby, converting it into potable water. The two main desalination processes are the distillation process and the membrane process. The distillation process includes multi-stage flash evaporation (MSFE), multi-effect distillation (MED), vapor compression (VC), and multi-effect distillation-vapor compression (MED-VC), which covers approximately 50% of the total desalination process.​ Competitive Landscape The India water and wastewater treatment (WWT) technology market is partially consolidated, with the major players accounting for a moderate share of the market. Key players in the market studied include Veolia, Suez, Thermax Limited, VA TECH WABAG LIMITED, and DuPont, among others.

1 INTRODUCTION 1.1 Study Assumptions 1.2 Scope of the Study 2 RESEARCH METHODOLOGY 3 EXECUTIVE SUMMARY 4 MARKET DYNAMICS 4.1 Drivers 4.1.1 Rapidly Diminishing Fresh Water Resources​ 4.1.2 Growing Wastewater Complexities​ 4.2 Restraints 4.2.1 High Cost of Water Treatment Technology 4.2.2 Impact of COVID-19 Pandemic 4.3 Industry Value-Chain Analysis 4.4 Porter's Five Forces Analysis 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Consumers 4.4.3 Threat of New Entrants 4.4.4 Threat of Substitute Products and Services 4.4.5 Degree of Competition 5 MARKET SEGMENTATION

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