To Know More; Download PDF Brochure: https://bit.ly/3w1AqQ2The biological wastewater treatment market size is estimated to be USD 8.7 billion in...To Know More; Download PDF Brochure: https://bit.ly/3w1AqQ2
The biological wastewater treatment market size is estimated to be USD 8.7 billion in 2020 and projected to reach USD 11.1 billion by 2025, at a CAGR of 5.1% from 2020 to 2025. Biological wastewater treatment is the mechanism that harnesses the activity of wastewater bacteria, nematodes and other micro-organisms which resulted in clean water production. The process of biological wastewater treatment seems simple, but it in fact a complicated process and still under investigation.The rapid growth in industrial sector that includes pulp & paper, meat & poultry, chemicals, pharmaceuticals, textile, dairy, breweries, oil & gas, and metal in developed as well as in developing regions in the world, owing to stringent regulations and high biological oxygen demand (BOD) requirements.
Stringent regulations regarding the disposal of wastewater into the environment or for reuse, aging infrastructure, water scarcity & reusability of wastewater, rapidly growing population and industrialization are major drivers responsible for the growth of the biological wastewater treatment market. The aerobic segment accounted for a larger share of the biological wastewater treatment market, owing to its efficiency in processing, simple design, and low capital cost. The industrial segment accounted for the largest share, owing to stringent regulations and high biological oxygen demand (BOD) requirements in industrial wastewater treatment. The municipal segment is expected to grow at the highest CAGR during the forecast period.
Key players are Veolia (France), Suez Water Technologies & Solutions (France), Evoqua Water Technologies LLC (US), Aquatech International (US), and Xylem Inc. (US).