Wastewater Treatment Market to Reach $92.74 Billion by 2030
According to the report “Wastewater Treatment Services Market by Service Type (Design & Engineering Consulting, Building & Installation, Operation & Process Control, Maintenance & Repair, and Other Service Types), End-Use Industry (Municipal, Industrial – including Chemical & Pharma, Oil & Gas, Food, Pulp & Paper, Metal & Mining, Power Generation), and Region – Global Forecast to 2030”, the global market is projected to grow from USD 66.53 billion in 2025 to USD 92.74 billion by 2030, registering a CAGR of 6.87% during the forecast period.
The expansion is driven by intensifying environmental regulations, urbanization in emerging economies, and rising ecological awareness. As urban populations and industrial output increase, wastewater generation from municipal and industrial sectors also rises, demanding advanced treatment solutions to curb environmental impact and protect public health.
Additionally, water scarcity concerns have pushed the adoption of recycling and reuse technologies, especially in regions facing severe water stress. These strategies are becoming essential for sustainable water resource management and circular economy models.
🔹 Key Players Featured:
- Veolia Group (France)
- Xylem Inc. (US)
- Suez SA (France)
- Ecolab Inc. (US)
- Thermax Limited (India)
- Pentair (US)
🔹 Recent Developments:
- Nov 2024: Ecolab acquired Barclay Water Management to enhance digital water monitoring and safety with its iChlor system.
- Sep 2024: Veolia launched “GreenUp 24–27” to expand sustainable reuse and decarbonization technologies, backed by a $2.2B investment.
- Apr 2024: Thermax inaugurated a modern plant in Pune to manufacture solutions like RO, STP, ZLD, and digital monitoring tools.
- Oct 2023: Solenis acquired CedarChem, strengthening industrial and municipal wastewater service offerings.
🔹 Regional Insight:
The Asia Pacific region is projected to lead in growth due to the booming manufacturing, power, and food sectors. Government programs like Industry 4.0 and Made in China 2025 are encouraging automation and digitalization, further fueling demand for efficient water treatment systems.