Asia Pacific Wastewater Treatment Service Market

Asia Pacific Wastewater Treatment Service Market Size (2024-2029):

The Asia Pacific Wastewater Treatment Service Market was worth US$ 21.60 billion in 2023 and is anticipated to reach a valuation of US$ 37.19 billion by 2029 and it is predicted to register a CAGR of 9.47% during the forecast period 2024-2029.

Market Overview:

The Journal of Environment Management published a recent study on the adsorption of textile dyes employing activated carbon and cross-linked polyvinyl phosphonic acid composites. It was found that composite obtained from activated carbon and polyelectrolyte treated the wastewater and enhanced its quality.

The Asia Pacific wastewater treatment market is propelled by a fast population expansion and urbanization, industrial expansion across Southeast Asia (SEA) and Central China, tightening rules surrounding water usage and discharge, the emergence of difficult-to-treat procedure waters in food and beverage (F&B) and electrical and electronics (E&E) industries, and the volatility and scarcity of water resources across the region as a whole.

Market Drivers and Restraints:

The rise in the dis-functioning of the human body has resulted in the call for clean and pure water all around the world. Several of the diseases are waterborne; therefore, there is a need for clean drinking water, fueling the expansion of the wastewater treatment services market. 

Treatment of wastewater is one of the biggest priorities of several countries such as China, Japan, India, etc. Strict environmental policies on the discharge of waste effluents in water bodies have also resulted in the expansion in the Asia Pacific market. Because of the escalated amount of water pollution, the water bodies are full of effluents and have no life. Hence governments in the Asia Pacific economies are taking the initiative to provide pure and clean water to their people.

Furthermore, expansion in the pharmaceuticals, food, and beverage, and oil & gas businesses is estimated to boost the demand for water filtration equipment in this region. Government rules on the reuse and recycling of municipal and industrial wastewater are probable to fuel the call for wastewater treatment services. Moreover, the market for filtration equipment has showcased high demand due to application in residential and domestic applications. In contrast, the need for disinfection equipment is probable to rise due to its use in municipal and industrial wastewater management. The rise in sanitization, together with health consciousness among customers, is estimated to boost the call for water and wastewater treatment services market in the Asia Pacific in the forecast period.

Market Recent Developments and Trends:

• SUEZ has won the agreement for the expansion, restoration, and operation of the drinking water distribution system of the whole city of Mangalore, situated 350 kilometres away from Bengaluru, the capital city of the State of Karnataka. This 1.5-year contract valued at €72 million for SUEZ, will guarantee everyday water supply for the city's 550,000 occupants.

• Singapore's second and more significant desalination plant built by Hyflux will create the world's least expensive desalinated water at 45 cents per cubic meter. This is made possible due to enhancements in membrane technology, the bigger size of the Tuaspring Desalination Plant compared to its antecedent, and the integration of the 400-megawatt power plant that is on-site.

ASIA PACIFIC WASTEWATER TREATMENT SERVICE MARKET REPORT COVERAGE:

Market Segmentation:

Asia Pacific Wastewater Treatment Service Market - By Type:

• Disinfection
• Filtration

Disinfection is further segregated into chlorine, UV, and ozone and filtration includes granular, adsorption, RO, MF, UF, desalination, and others. Both segments are likely to account for an outstanding market share in the next few years.

Asia Pacific Wastewater Treatment Service Market - By Technology:

• Primary
• Secondary

Based on technology, tertiary water treatment is probable to have tremendous expansion opportunities due to its escalated employment in municipal sewage treatment. In addition to that, the treated effluent can be reused for urban, landscape, agricultural irrigation, industrial cooling and processing, and recreational uses.

Asia Pacific Wastewater Treatment Service Market - By Application:

• Industrial
• Municipal

The call for wastewater equipment has escalated in both industrial and municipal applications due to the rise in governmental concerns on disposal of water. The industrial wastewater grades have more pH, ammonia, and high microbial count that must be treated prior to disposal. In addition to that, the municipal application needs water filtration equipment to process the wastewater for washing, cooling, and so on, which will drive the Asia Pacific wastewater treatment services market in the future.

Market Regional Analysis:

Asia Pacific Wastewater Treatment Service Market - By Country:

• India
• China
• Japan
• South Korea
• Australia
• New Zealand
• Thailand
• Malaysia
• Vietnam
• Philippines
• Indonesia
• Singapore

The Asia Pacific water and wastewater services market, comprising water and wastewater treatment service offerings like design and engineering, operation and maintenance, and spare parts, for municipal operations and businesses is rising constantly thanks to the region-wide economic development. While India and China are presently the markets with the most activity, growing markets like Indonesia, Vietnam, and Thailand are estimated to provide strong development opportunities in the future. China's wastewater treatment services market is predicted to account for a prominent portion of the Asia Pacific business.

Market Key Players:

1. Aquatech International Corporation
2. Danaher Corporation
3. Degremont SAS
4. GDF Suez S.A.
5. GE Water & Process Technologies
6. Veolia Environment SA
7. Xylem Inc
8. Kemira OYJ
9. The Dow Chemicals Company
10. Ashland Water Technologies