Industrial Wastewater Treatment Market: Key
Highlights
·
The
global industrial wastewater treatment market was
valued at around US$ 89 Bn in 2018, and is anticipated to expand at a CAGR of
more than 5% during the forecast period.
·
The power
end-use industry segment accounted for a prominent share of the global
industrial wastewater treatment market in 2018. This led to an increase in the
adoption of industrial wastewater treatment in the power industry in 2018.
·
The Asia
Pacific industrial wastewater treatment market is anticipated to be one of the
high-growth regions of the global industrial wastewater treatment market, led
by the rise in scarcity of freshwater sources and increase in water
pollution.
Key Drivers of the Industrial Wastewater Treatment
Market
·
Rise in
water pollution has resulted in a decline in the availability of freshwater for
drinking and other human consumption purposes. Increasing scarcity of
freshwater sources, rise in pollution, and industrialization have led to a
water crisis across the globe, especially in developing and under-developed
nations. Wastewater treatment and reuse of recycled water in industries can
lower the pressure on existing freshwater sources from industrial applications.
This can boost the availability of water for other purposes.
·
Increase
in awareness about the environment and rising water scarcity have compelled
authorities to implement stringent rules and regulations regarding industrial
wastewater treatment across the globe. Countries are compelling industries to
focus on wastewater treatment and recycling in order to reduce the burden on
water sources.
·
Regulatory
authorities are now making it essential for industries to opt for zero liquid
discharge (ZLD) in order to recover 95% to 99% of water from waste streams, and
reuse the water for industrial applications. The implementation of new
technologies such as Forward Osmosis (FO) membranes and electro-separation
systems in the field of ZLD presents new opportunities for the industrial
wastewater treatment
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Cooling Tower Application Segment to Gain Momentum
in the Industrial Wastewater Treatment Market
·
In terms
of application, in the industrial wastewater treatment market, the boiler feed
water segment constituted a prominent share of the global industrial wastewater
treatment market in 2018. Boilers find application in almost every industry,
either for power generation or steam generation, or for both. However, the
cooling towers segment is anticipated to expand at a rapid pace during the
forecast period.
·
The power
end-use industry segment dominated the global industrial wastewater treatment
market in 2018. However, the paper & pulp segment is estimated to expand at
a rapid pace during the forecast period. The paper & pulp industry consumes
large quantities of water. It also generates vast quantities of wastewater.
Water is a major raw material in the pulp & paper industry; therefore,
treating wastewater and reusing it can significantly lower the dependency of
the industry on other sources of water.
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Asia Pacific Dominates Global Industrial Wastewater
Treatment Market
·
The
industrial wastewater treatment market in Asia Pacific was a key part of the
global industrial wastewater treatment market in 2018, primarily owing to the
scarcity of freshwater sources and rise in water pollution.
·
The
industrial wastewater treatment market in the region is anticipated to expand
at a rapid pace during the forecast period. This can be primarily ascribed to
the increase in environmental regulations regarding industrial wastewater in
the region, especially in developing countries such as China and India. These
countries are anticipated to lead the industrial wastewater treatment market in
the region in the near future.
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Global Industrial Wastewater Treatment Market – Key
Developments
·
In
December 2018, Alfa Laval won a ballast water treatment order worth SEK 95 Mn
in Turkey. The order comprised 33 Alfa Laval PureBallast 3 systems, including
deckhouses and a service agreement. The customer, Advantage Tankers &
Advantage Products, is one of the most prominent ship owners in Turkey. Ballast
water systems are expected to be installed throughout its fleet.
·
In
December 2018, Kraft Heinz China selected Veolia Water Technologies to a
provide wastewater treatment solution for its new soy sauce plant in Guangdong,
China. The implementation of Veolia’s technologies at Kraft Heinz’s new plant
in Guangdong would enable it to meet stringent national and provincial
discharge standards. Veolia would provide its AnoxKaldnes Biological Activated
Sludge (BAS) solution at the Kraft Heinz Yangjiang factory. This solution is
optimally designed to provide a volumetric loading capacity that is up to three
times higher than conventional activated sludge. This would allow Kraft Heinz
to cope with an overall higher organic load than conventional activated sludge
processes, while requiring a relatively small footprint.
·
In May
2018, SUEZ and Rosneft signed a strategic cooperation agreement to improve
water & waste programs across Rosneft sites. SUEZ would provide
technologies and solutions with pilot testing as needed. Areas of focus include
wastewater pre-treatment, biological wastewater treatment, desalination for
reuse, water purification by evaporation, and various treatment programs for
cooling water systems. SUEZ is also projected to expand its existing technical
advisory services that are currently deployed at one of Rosneft’s sites to
other sites owned and operated by Rosneft.
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Competition Landscape
·
The
global industrial wastewater treatment market is highly fragmented, with the
presence of a large number of players.
·
High
capital investments and ongoing technological advancements in the industrial
wastewater treatment market are anticipated to lower the threat of new players
in the industrial wastewater treatment market.
·
Key
players operating in the industrial wastewater treatment market include
Aquatech International LLC, ALFA LAVAL, SUEZ, GEA Group Aktiengesellschaft,
Veolia, Creative Water Solutions, Sapphire Water, PURONICS, Minerals
Technologies Inc., M. W. Watermark, MIOX, Culligan, WaterProfessionals, and
other industrial wastewater treatment market players.
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