U.S. Water and Wastewater Treatment Technologies Market

U.S. Water And Wastewater Treatment Technologies Market Size, Share, Growth Analysis, By Equipment(Membrane Separation, Biological), By Process(Primary, Secondary), By Application(Municipal, Industrial) - Industry Forecast 2024-2031

Report ID: SQMIC20L2045 | Region: Country | Published Date: April, 2024
Pages: 225 | Tables: 90 | Figures: 76

U.S. Water And Wastewater Treatment Technologies Market Dynamics

U.S. Water and Wastewater Treatment Technologies Market Drivers

  • Rapid Technological Advancements to Drive Market Growth

A rapid growth in the advancements of wastewater technology coupled with the rising opportunities in several different sectors including oil & gas and equipment sector are key major factors projected to drive the growth of the U.S. water and wastewater treatment technologies market during the forecast period. In addition, the growth of the market is also driven by stringent regulations on safe and appropriate usage of wastewater treatment systems and improvement in process of water treatment is anticipated to propel the market over the coming years.

U.S. Water and Wastewater Treatment Technologies Market Restraint

  • High Maintenance Cost to Hamper Market Growth

High maintenance and operational costs of advanced treatment technologies is key factor expected to hinder the growth of the U.S. water and wastewater treatment technologies market over the forecast period. In addition, deterioration of existing water infrastructure and the issues related to the aging water are also likely to be hamper the growth of the market in the coming years.

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U.S. Water And Wastewater Treatment Technologies Market size was valued at USD 281.75 billion in 2019 and is poised to grow from USD 296.1 billion in 2023 to USD 440.85 billion by 2031, growing at a CAGR of 5.1% in the forecast period (2024-2031).

The U.S. water and wastewater treatment technologies market is moderately competitive with the presence of many well-known international and regional companies operating around the country. Key market companies are focusing on some business developing strategies such as collaborations, mergers & acquisitions, partnerships, new technology advancement for the expansion of their geographical presence and strengthen their market position to stay ahead of their competitors. 'GE Water and Process Technologies (a subsidiary of General Electric Company)', 'Ecolab Inc.', 'Dow Chemical Company', 'Suez S.A.', 'Evoqua Water Technologies LLC', 'Veolia Environnement S.A.', 'Xylem Inc.', 'American Water Works Company, Inc.', '3M Company', 'DuPont de Nemours, Inc.', 'Calgon Carbon Corporation (a subsidiary of Kuraray Co., Ltd.)', 'Bio-Microbics, Inc.', 'Aqua-Aerobic Systems, Inc.', 'Ovivo Inc.', 'Aquatech International LLC', 'Trojan Technologies (a subsidiary of Danaher Corporation)', 'Pall Corporation (a subsidiary of Danaher Corporation)', 'Pentair plc', 'Smith & Loveless Inc.', 'Parkson Corporation'

Rapid Technological Advancements to Drive Market Growth

Increasing research & development activities and growing investment on development sector for the improvement of water treatment technologies across the country are propelling the market growth extensively over the coming years. In the recent years, government efforts by government authorities on the reduction of water pollution level through various initiatives and regulation are anticipated to create lucrative growth opportunities for the market over the forecast period.

U.S. water and wastewater treatment technologies market is expected to grow rapidly during the coming years due to the rising urban population and high adoption of advanced technologies coupled with the growing government efforts on reducing water pollution level in the country. Moreover, increasing demand and penetration for energy-efficient and advanced water treatment systems in the region coupled with the continuously growing number of vendors and service providers for providing enhanced water treatment facilities is fueling the regional market growth and expected to do so in the near future at a significant rate.

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