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Wastewater Treatment and Recovery Systems Market to 2020
Wastewater Treatment and Recovery Systems Market to 2020
Stringent Regulations on Industrial and Municipal Wastewater Discharge will Continue to Drive the Growth of Wastewater Treatment and Recovery Systems
Hyderabad,
AP,
India
(prbd.net)
15/12/2010
Stringent legislation on effluent discharge will continue to boost the demand for wastewater treatment and recovery technologies, such as membrane-based systems, activated carbon, and media filtration, among others. Acting as a primary driver, legislative directives have revitalized the wastewater treatment and recovery equipment market and enhanced the growth prospects for secondary and tertiary recycling. The aim is to promote water conservation by treating and reusing wastewater. These legislative directives have placed enormous pressure on industries to clean up their wastewater. The local water regulations are keen to adopt international regulations, for example China recently adopted regulatory systems from the US Environmental Protection Agency’s (EPA) practices. International regulations are expected to replace local and national regulations, thereby driving growth in the adoption of wastewater treatment and recovery technologies. International regulations are expected to supersede some of the local and national regulations — driving growth and introduction of new products in the industry. This trend is likely to favor global conglomerates and drive further consolidation in the industry.
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The global wastewater treatment and recovery systems market was worth $3.8 billion in 2005 and grew at a Compound Annual Growth Rate (CAGR) of 11% over 2005–2009, to reach $5.8 billion in 2009. The global wastewater treatment and recovery systems market was estimated to be $6.5 billion in 2010. The global wastewater treatment market is expected to grow at a CAGR of 16.3% to reach $29.4 billion in 2020. Stringent discharge limits, increasing water scarcity, growing population, and increased environmental awareness among different sections of the society are playing a significant role in the promotion of wastewater treatment and recovery technologies across the globe. The growing pressure on finite and fragile water resources creates the need for wastewater treatment. Rapid increases in population and economic development will lead to an increase in the demand for commodities such as food, housing and basic sanitation infrastructure. Strict government regulations and legislations on wastewater discharge for the industrial and municipal sectors drives the need for wastewater treatment and recovery systems. Municipal bodies are left with no other option than to treat the wastewater for sanitation facilities. Environmental awareness by governments and various private players has also resulted in rapid growth in the adoption of wastewater treatment and recovery technologies.
GBI Research's new report, “Wastewater Treatment and Recovery Systems Market to 2020 – Tightening Wastewater Discharge Regulations to Stimulate the Growth of Membrane Based Systems" provides key information and analysis on the market opportunities in the global wastewater treatment and recovery systems market. The report provides the latest information on the global wastewater treatment and recovery systems market’s revenues, with a detailed assessment of the forces influencing the market. It also covers market analysis and forecasts for key geographies for the wastewater treatment and recovery systems market. Key topics include investment scenarios, key companies’ information, technology analysis and regulatory frameworks.This report is built using data and information sourced from proprietary databases, primary and secondary research and in-house analysis by GBI Research's team of industry experts.
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