The latest market report published by the Credence Research, Inc. is “Global Biological Wastewater Treatment Market: Growth, Future Prospects, and Competitive Analysis, 2017 – 2030”. The Global Biological Wastewater Treatment Market generated revenue of around USD 9465.2 million in 2022 and is projected to grow a CAGR of over 5.5% during the forecast period from 2023 to 2030 to reach around USD 13768.8 million in 2030.
A biological wastewater treatment system is a technology that cleans water primarily by using bacteria, nematodes, protozoa, fungi, algae, rotifers, and other specialty microbes. These microorganisms decompose organic wastes using normal cellular processes, resulting in a system in which the decomposition products are easily collected for proper disposal. Biological wastewater treatment is a low-cost, energy-efficient method of water purification. Biological treatment is an essential component of any wastewater treatment plant that treats wastewater containing soluble organic impurities or a combination of the two types of wastewater sources. The efficient degradation and removal of organic and inorganic compounds and the lower operating costs compared to other treatment processes are major benefits of biological wastewater treatment. These advantages have increased demand for this type of treatment in various industries to treat industrial wastewater. Moreover, the rapid growth of the industrial sector, which includes chemicals, pharmaceuticals, pulp and paper, meat and poultry textile, dairy, breweries, oil and gas, and metal, is propelling the biological wastewater treatment market forward. However, the biological wastewater treatment plant’s complex installation and high maintenance costs may constrain market growth.
The global biological wastewater treatment market is bifurcated into Process, Type, and Geography. Based on the process, the market is categorized into aerobic, anaerobic, and anoxic. The global market is segmented into municipal and industrial waste based on the type. Geographically, the global market is divided into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.
North America dominated the global biological wastewater treatment market, accounting for a significant market revenue share value in 2022. This is due to stringent regulations imposed to control the disposal of wastewater into the environment from both municipal and industrial sources and the region’s growing demand for safe potable water. Moreover, the rising demand for sustainable water reusability and environmental conservation practices is expected to drive market growth. Several large manufacturers, such as Aquatech International, Evoqua Water Technologies LLC, and Xylem Inc, are further propelling the regional market growth.
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Why to Buy This Report-
- The report analyses the global biological wastewater treatment market by segments, drivers, restraints, opportunities, current trends, challenges, and market dynamics from 2018 to 2021, with the base year of 2022 and a forecast period of 2023 to 2030.
- The report includes information about the competitive landscape, such as how the market’s key players operate at the global, regional, and country levels.
- In-depth global biological wastewater treatment market segmentation based on process and type.
- Major countries in each region, with import/export figures.
- The global biological wastewater treatment market report also examines key trends, significant players, market growth strategies, and key global, regional, and country application areas.
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