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 Insights

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).

A rapid growth in industrialization and urbanization along with high diminishing freshwater supplies are major factors expected to drive the growth of the U.S. water and wastewater treatment technologies during the forecast period. Moreover, rising concerns related to environment with the need to follow stringent regulations implied by government bodies in the country are further anticipated to boost the market growth over the coming years.

Furthermore, presence of advanced and well-developed water and wastewater treatment infrastructure coupled with the growing need for the upgradation of existing facilities of the aging infrastructure in the United States is likely to augment the market growth. Additionally, an extensive rise in the demand for clean water from various refineries and high development of several superior components to better treatment in oil & gas and manufacturing industries are estimated to contribute significantly to the growth of the market.

U.S. Water And Wastewater Treatment Technologies Market is poised to grow at a sustainable CAGR for the next forecast year.

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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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U.S. Water and Wastewater Treatment Technologies Market

Product ID: SQMIC20L2045

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