The industrial wastewater treatment market is predicted to reach $16.60 billion (USD) by 2026, at a CAGR of 5.80%, according to Reports and Data, a market research and consulting company. The study analyzes industrial wastewater treatment, factors affecting market growth and the challenges the industry is facing.
Industrial wastewater treatment involves various procedures to treat the contaminated water produced by industries as a by-product. Once it’s treated, the effluent is reused, released as surface water or released to a sanitary sewer.
Factors Driving The Global Market
The global market is being driven by many factors. One of these is the stringent regulations with regard to emissions and treatment of industrial waste. Another is the depletion of freshwater resources.
Main Sources And Types Of Industrial Wastewater
Some of the main sources of industrial wastewater are textile dyeing, electric power plants, petroleum refining, wood preserving and processing, as well as the food industry.
The wastewater from different industries comes with various types of contaminants, all of which require different strategies for treatment. Acids and alkalis, oil and grease, pesticides, toxic materials like zinc and arsenic, are just some of the contaminants found in industrial wastewater.
There are companies and equipment that specialize in the removal and treatment of these substances. Solvent recyclers and solvent recovery distillation equipment are just two examples. Solvent recycling benefits companies that specialize in printing, fabrication, manufacturing, and various forms of production to make huge strides when it comes to waste disposal efficiency and costs reduction. These recovery systems allow recovered solvent to be reused in a process without any negative side effects, saving money on purchasing of new solvents.
Major Problems And New Technologies
A major problem in industrial wastewater treatment involves the maintenance of complicated systems coupled with manageable operating costs. Water quality requirements are becoming more rigorous and discharge controls more stringent. Nutrient removal is another issue.
New technologies are emerging today to process and recycle water in a more efficient manner. Some of these technologies include innovative monitoring and control systems—which incorporate sensors, data analysis tools, etc.— as well as membrane bioreactors, and granular sludge treatment processes using engineered microbial structures.
Further Key Report Findings
- North America, with 35.5% of total market share for industrial wastewater treatment, is anticipated to be the largest player in the market. Its drilling boom and strict regulations regarding wastewater treatment will directly contribute to this dominance. It is followed by Europe with 31.2% of the market.
- Power generation is the largest and fastest growing segment of the global industrial wastewater treatment market and accounts for 62% of the total market share.
- Coagulants will account for nearly 51% of total market share, registering a 6.4% growth rate during the forecast period.
Efficient technologies are emerging but there is plenty of scope for improvement in capabilities used for industrial wastewater treatment. One area where technology could help improve water treatment is to reduce energy usage. Adopting more efficient systems for treating wastewater will not only benefit the environment but will also cut costs on water usage and disposal.