Industrial Water Service Market

Global Industrial Water Service Market Size (2024 to 2029)

The size of the global industrial water service market is predicted to be worth USD 30.81 billion by 2029 from USD 22.92 billion in 2024, growing at a CAGR of 6.1% from 2024 to 2029.

MARKET DRIVERS

The rising environmental awareness of the effects of wastewater and the growing prevalence of various chronic diseases are majorly propelling the growth of the industrial water service market.

Environmental issues related to soil degradation and pollution of marine habitats and organisms have increased the need for proper wastewater treatment. In addition, sewage acts as a vector for a variety of chronic diseases that are highly harmful to habitats and organisms, such as cholera, typhoid fever, diarrhea, and amebiasis. According to the World Health Organization (WHO), about 3.4 million people die each year from water-borne diseases.

Industrial water services are one of the most important causes of environmental degradation. Industrial water usage accounts for about 22% of the world's water usage. The untreated disposal of such water has a negative impact on the environment. Sewage contains a variety of harmful substances that are extremely dangerous to marine life, including pathogens, toxic chemicals, fats and oils, salts, nutrients, heavy metals, sludge, acids and bases, solids, toxic organic compounds, and organic and inorganic substances. It also contains oils and fats that are difficult to decompose and may float on the surface of the water. This prevents photosynthetic aquatic plants from receiving the light they need. It deprives aquatic animals of optimal oxygen levels and can also harm birds by entwining their feathers, which adversely affects the entire aquatic ecosystem.

MARKET RESTRAINTS

Construction of a sewage treatment plant is expensive. Primary, secondary, and tertiary treatment are three stages: excessive sludge generation, large amounts of energy and wastewater treatment with high operating costs. Wastewater treatment requires special knowledge and skills. These processes necessitate a significant capital investment. Wastewater flow, water quality, required cleanliness levels, and construction materials are all factors that increase the cost of wastewater treatment. Additionally, there is also a shortage of staff at the sewage treatment plant. Proper treatment of wastewater requires efficient and productive professionals with industry knowledge. However, there are not enough people to do the necessary work. Automation can be a solution to labor problems. It not only closes important job gaps but also frees current employees. Costly factors combined with low margins are one of the key drivers of market revenue growth.

REPORT COVERAGE

SEGMENTAL ANALYSIS

Global Industrial Water Service Market Analysis By Service Type

Based on service type, the operation & process control segment is projected to hold the largest market share by 2029. With increased industrialization, there is a greater emphasis on operation and process control. Minor changes in this segment have an impact on the quality and quantity of industrial wastewater produced. The operations & process control services are mainly provided for the customers who outsource such services to dedicated wastewater treatment service providers. These types of services include but are not limited to, laboratory testing, plant troubleshooting, regular maintenance, parameter monitoring, statistical process control, and reporting. With proper monitoring, unit operations such as separation, flotation, sedimentation, filtration, neutralization, absorption, adsorption, ion exchange and chlorination can be performed smoothly. Therefore, organizations are currently paying more attention to this important segment.

Global Industrial Water Service Market Analysis By Application

Based on application, The industrial wastewater treatment market in the filtration equipment segment is expected to grow significantly over the forecast period. Filtration is required in many commercial and industrial process water and wastewater reuse applications. Pumping wastewater from a refinery, food/beverage, textile, or oil-produced water application requires pre-filtration due to the high concentration of suspended solids in typical applications. In reality, these applications frequently include multiple filtering and treatment phases to ensure that treated water meets the specified discharge or reuse requirement. Filtration in water treatment also reduces the operating costs of downstream cleaning water treatment systems.

Global Industrial Water Service Market Analysis By End-user

Based on end users, the industrial wastewater treatment market in the food and beverage segment is expected to record the highest revenue growth during the forecast period. In batch operations, food and beverage processors often consume large amounts of water and produce wastewater with a high organic content. These high pollutant loads increase treatment costs and require large storage volumes to be supplemented by the heads of sewage treatment plants. Total Floating Solids (TSS), Biochemical Oxygen Demand (BOD) and Chemical Oxygen Demand (COD), Fat / Oil / Fat (FOG), and nutrients of various concentrations are all common pollution loads. is. Changes in inflow conditions caused by surge loads, temperature changes, increased production, technical operational changes, spills, wash water surges, operational interruptions, and restricted balance functions are wastewater in food and beverage manufacturing plants. It poses constant challenges to the processing plant. This wastewater treatment is often problematic for a variety of reasons.

REGIONAL ANALYSIS

APAC dominated the market in 2023 and is anticipated to hold a leading share of the worldwide market throughout the forecast period due to the rapid population growth and urbanization of the region, increasing demand for advanced residential water treatment, advances in membrane technology, increased environmental degradation, water resource limitations, and the public sector to water infrastructure. China is one of the largest economies with high industrial growth, resulting in large amounts of waste. According to the Bureau of Foreign Trade (ITA), China released 55.7 billion cubic meters of wastewater in 2020, 26% of which came from industrial resources. China has 50 billion in various highly polluted industries such as textiles, printing, coal mining, pharmaceutical production, oil and gas exploration, and steel production as part of its development strategy for a transition to a cleaner and more sustainable economy.

The North American market is expected to record steady revenue growth during the forecast period. The region's markets are dominated by the United States, followed by countries such as Canada, Cuba, Mexico and Jamaica. The global need for clean, pure water is due to the lack of drinking water. Some illnesses spread through water, require the provision of clean drinking water, and support the growth of the wastewater treatment services market. The North American market has grown due to strict environmental regulations that ban the discharge of wastewater into water bodies. The country's waters are flooded with sewage and life is lost due to increased water pollution.

The European industrial wastewater treatment market is one of the leading regional markets with the largest growth rate in the world market. Germany has a large market share in the region due to the development of important industries and high utilization by multiple end-use industries such as energy, chemicals, manufacturing, food and beverages, and the disposal of industrial wastewater is increasing. I am. Existence of global market players such as Suez and Kurita Water Industries, Ltd. Ecolab is another important factor driving market growth in the region.

KEY MARKET PLAYERS

Companies playing a major role in the global industrial water service market include Salher, Dober, Veolia Environment, American Water, Ecolab, PARKER HANNIFIN CORP, Pentair, Evoqua Water Technologies LLC and Suez Environnement S.A.

RECENT HAPPENINGS IN THE MARKET

• SUEZ’s Thermylis Technology Selected to Improve Energy Efficiency and Air Quality Emissions at Duffin Creek Water Pollution Control Plant in Canada - The new systems will replace two aging biosolids incinerators and improve the plant’s overall energy efficiency and air quality emissions.
• Manchester City FC and Xylem Extend Multi-Year Global Partnership to Address Water Issues– Renewed Partnership will Mobilize 100 million People to Address Urgent Challenges like Drought, Flooding Includes Manchester City Men’s and Women’s Teams, New York City FC and Mumbai City

DETAILED SEGMENTATION OF THE GLOBAL INDUSTRIAL WATER SERVICE MARKET INCLUDED IN THIS REPORT

This research report on the global industrial water service market has been segmented and sub-segmented based on the service type, application, end-user and region.

By Service Type

• Design & Engineering Consulting
• Operation & Process Control
• Maintenance & Repair
• Building & Installation
• Others (Analytical & Training Services)

By Application

• Biological
• Sludge Treatment
• Filtration
• Demineralization
• Disinfection
• Others

By End-user

• Power Generation
• Oil & Gas
• Chemical & Pharmaceutical
• Metals & Mining
• Pulp & Paper
• Others
• Food & Beverage
• Construction
• Manufacturing
• Textile

By Region

• North America
  • The United States
  • Canada
  • Rest of North America
• Europe
  • The United Kingdom
  • Spain
  • Germany
  • Italy
  • France
  • Rest of Europe
• The Asia Pacific
  • India
  • Japan
  • China
  • Australia
  • Singapore
  • Malaysia
  • South Korea
  • New Zealand
  • Southeast Asia
• Latin America
  • Brazil
  • Argentina
  • Mexico
  • Rest of LATAM
• The Middle East and Africa
  • Saudi Arabia
  • UAE
  • Lebanon
  • Jordan
  • Cyprus