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The main goal of wastewater treatment is to protect humans and the ecosystem from harmful and toxic elements found in wastewater. Water treatment facilities speed up the natural process of purifying water. These facilities use various processes (e.g., physical, chemical, and biological) to treat industrial wastewater and municipal wastewater to remove pollutants and send the purified water back into the environment.
In the U.S., water and wastewater treatment systems are used in residential, commercial, agricultural, municipal, institutional, industrial, utility, brewery, winery, and distillery applications. Innovative research, the growing focus on water pollution abatement, strong techno-economic networks, the increasing need for water reclamation and reuse technologies, increased water pollution, and the increasing establishment of new manufacturing plants in the country are the major factors influencing the growth of the water and wastewater treatment technologies market in the U.S.
In its latest publication on the U.S. water and wastewater treatment technologies market, Meticulous Research® states that the market will grow at a CAGR of 5.0% from 2022–2029 to reach $24.63 Billion by 2029.
Furthermore, stringent regulations on the safe and appropriate use of onsite wastewater treatment systems (OWTS), improvements in wastewater treatment technology, and the increasing prevalence of waterborne diseases drive the growth of the U.S. water and wastewater treatment technologies market.
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In addition, the growing demand for energy-efficient and advanced water treatment technologies is expected to provide significant growth opportunities for the vendors operating in the U.S. water and wastewater treatment technologies. However, the high installation, maintenance, and operational costs are expected to hinder the growth of this market to a notable extent. Additionally, the aging and deterioration of existing water infrastructure are the major challenges for the growth of the U.S. water and wastewater treatment technologies market.
To provide efficient analysis, Meticulous Research® has segmented this market based on treatment technologies (membrane separation & filtration, sludge management technology, activated sludge, clarification) and application (municipal, industrial [food and beverages, pharmaceuticals & chemicals, power generation, oil & gas, pulp & paper, mining, petrochemicals, semiconductor, and other industrial applications]).
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Based on treatment technologies type, the U.S. water and wastewater treatment technologies market is segmented into membrane separation & filtration, sludge management technology, activated sludge, clarification, chlorination, industrial demineralization, membrane bioreactor (MBR), UV and ozone, dissolved air flotation, electrochemical scale treatment systems, electrochemical water treatment technology, and other treatment technologies. The membrane separation technology segment is further segmented into Reverse Osmosis (RO) membranes, Ultrafiltration (UF) membranes, Microfiltration (MF) membranes, Nanofiltration (NF) membranes, and others.
In 2022, the membrane separation & filtration segment is expected to account for the largest share of the U.S. water and wastewater treatment technologies market. The large market share of this segment is attributed to the rising demand for low energy-consuming water treatment processes and the growing emphasis on reducing the usage of chemicals in water treatment.
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Based on application, the U.S. water and wastewater treatment technologies market is segmented into municipal and industrial. In 2022, the municipal segment is expected to account for the largest share of the U.S. water and wastewater treatment technologies market. The large market share of this segment is attributed to improved water quality & public health and the growing number of aging and deteriorating water infrastructures in the country. In addition, the increase in environmental concerns and the rising number of stringent regulations and legislations regarding wastewater drives the growth of this segment. U.S. regulatory authorities have formulated and implemented various regulations to promote water conservation and reduce water pollution.
The report includes a competitive landscape based on an extensive assessment of the key strategies adopted by the leading market participants in the U.S. water and wastewater treatment technologies market over the last four years (2019–2022). The key players operating in the U.S. water and wastewater treatment technologies market are Suez Environnement S.A. (France), Veolia Environnement SA. (France), Xylem, Inc. (U.S.), DuPont de Nemours, Inc. (U.S.), 3M Company, Inc. (U.S.), Pentair plc (U.K.), Kurita Water Industries Ltd. (Japan), Bio-Microbics, Inc. (U.S.), Calgon Carbon Corporation (U.S.), Trojan Technologies Inc. (Canada), Ecolab, Inc. (U.S.), GFL Environmental Inc. (U.S.), and Clean TeQ Water Limited (Australia).
TOP 10 COMPANIES IN U.S. WATER AND WASTEWATER TREATMENT TECHNOLOGIES MARKET
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