Innovations and Growth in the Water and Wastewater Treatment Technologies Market
The technologies employed in the field of wastewater and water treatment are those that are designed to remove or kill the impurities and harmful bacteria that are usually present in drinking water. Demands for alternative water purification methods – like reverse osmosis, membrane filtration, biological processes as well as other treatment methods – are likely to rise due to increasing paper production levels. The main purpose of these procedures is to clarify industrial waste products by diminishing the quantities of solid waste or dissolved particles making effluent cleaner. The oil and gas industry is expected to grow because of its growing need for water and wastewater treatment technologies during the forecast period; which are required to separate oils, fats and hydrocarbons besides reducing water consumption by recycling wastewater.
Further, modernising industries are driving up demand for sophisticated and intelligent technologies. Stricter regulations are followed in applying smart water and wastewater treatment technologies, guaranteeing better services and stringent cost control. Manufacturers create and use a variety of new technologies through R&D. For example, CISPEO, a comprehensive suite of solutions for the intelligent operation of wastewater treatment facilities, was created by Veolia Water Technologies. These clever solutions are also very helpful in identifying and fixing failures in the operating processes. Improved treatment facilities are yielding sludge of superior quality, which can be recycled into products for the agriculture sector or used more productively to generate energy.
Moreover, by introducing and implementing smart wastewater treatment technologies, these activities are fostering healthy competition, which in turn is driving the growth of the water and wastewater treatment technologies market.
Global adoption Trends
People are using desalination to remove salts, set others mineral salts free & the disinfectant elements out of brackish water, wastewater effluent etc. Drinking and industrial water cleanliness is on a high rise. If one considers multiple product types employed in water/wastewater treatment such as filtration or analyses one must opt for membrane desalination as the most successful way. The focus is on reducing chemical use in wastewater treatment, which is becoming even more critical than ever before. Because of the apparent benefits of desalination, this method is fast gaining grounds in water and wastewater treatments as compared to other water treatment techniques and products.
Moreover, since different filters with different pore sizes are used to pass water, the use of filtration is also increasing. These filters aid in the removal of germs and dissolved particles. Particle and membrane filtration are two more subcategories of filtration. The technique of particle filtration uses mechanical or physical processes to separate particles from liquids. Usually, one of the first procedures in the treatment of contaminated wastewater is particle filtration. When particle filtration is insufficient for water reuse, membrane filtration is frequently used. The final goal determines a lot of the treatment and procedures required to process the water.
End Use Case
The wastewater treatment technologies are mostly used for Municipal wastewater, they are the drainage that comes out of showers, sinks, toilets, washing machines, dishwashers, and liquid industrial waste. In order for it not to cause damage to the surroundings and to keep people from getting sick, municipal wastewater should be treated before being released into the Environment.
Further, preliminary, primary, secondary, and tertiary treatments, biological nutrient removal, resource recovery, energy generation, and other uses are among the main uses of treatment technologies.
China has 1,599 municipal wastewater treatment plants spread throughout its counties and approximately 1,944 municipal wastewater treatment plants spread throughout its city/urban regions. It has 140 and 29 million cubic meters of processing capacity per day, respectively. The 14th Five-Year Plan (FYP) released new wastewater reuse guidelines from China. It required that by 2025, a quarter of all sewage must be treated to reuse standards.
Market Dynamics and Drivers
In order to remove solids and particulate matter and lower effluent toxicity, the pulp and paper industry uses membrane filtration, UV disinfection, ion exchange, biological treatment, reverse osmosis, as well as other water and wastewater treatment technologies.
Further, numerous activities in the oil and gas sector require clean water from both living surface and underground sources. This industry strives for compliance with environmental and economic sustainability principles, by for instance employing methods such as membrane filtration, biological treatment, as well as reverse osmosis on its wastewater streams in order to reduce freshwater requisites through mandatory reuse while simultaneously treating them alongside contaminated “waterborne” waste materials leading to the growth of oil and gas industries.
Moreover, according to the estimation of the Interstate Natural Gas Association of America, the U.S. and Canada are expected to invest a sum worth $791 billion in fresh gas and oil infrastructures by 2035. Additionally, to guarantee sufficient supplies, annual upstream investment must rise from $499 billion in 2022 to $640 billion in 2030. Consequently, with rising demand for oil and gas, there will be more requirements for water and wastewater equipment thereby leading to an increase in market size.
Figure 1: Global Oil & Gas Upstream Investment, in USD Billions, 2021 to 2023
Source: International Energy Forum
Key Developments
- In February 2024, to assist in identifying preventable energy losses inside facilities, the ABB Ability Energy Management for Water and Wastewater OPTIMAX solution was introduced to the market.
- In July 2023, a completely new filtering system was introduced with the launch of Wärtsilä Water and Waste’s Aquarius UV Ballast Water Management System (BWMS). The “Manta” filter, created by FilterSafe, a partner of the company Water and Waste, has a unique OneMotion scanner that purifies the screen in just one revolution. Experiments show that the “Manta” filter can quickly and effectively clean screens, even with dense dirt loads.
- In February 2023, Solenis completed the purchase of Grand Invest Group stock. All of the Grand Invest Group’s operational assets, including important strategic production and warehousing facilities, will be acquired by Solenis. It will broaden its range of water treatment products in Latin America.
- In November 2022, WABAG LIMITED and the Asian Development Bank (‘ADB’) inked a deal for the unlisted sale of non-convertible debentures with tenors of five years and three months, with the aim of raising a fund of INR 200 crores (~USD 24.6 million). For the course of a year, ADB will subscribe to it for its water treatment business.
