Wastewater Treatment Service Market Updates

Global Wastewater Treatment Service Market size was valued at USD 57.90 Billion in 2023 and is poised to grow from USD 61.84 Billion in 2024 to USD 104.69 Billion by 2032, growing at a CAGR of 6.80% in the forecast period (2025-2032).

Multinational companies are using strategies such as acquisitions, incorporation of intelligent technology, and public-private partnerships in the competitive wastewater treatment service market. Companies that are investing in digitalization and expanding into new markets include Suez, Veolia, and Xylem. Regional companies and startups compete by providing decentralized or modular solutions. Securing long-term service contracts and growing market presence increasingly depend on strategic partnerships with businesses and local government bodies. 'Veolia Environnement', 'Suez SA', 'Xylem Inc.', 'Ecolab Inc.', 'Evoqua Water Technologies', 'Aquatech International', 'Pentair PLC', 'Dow Water & Process Solutions', 'Kurita Water Industries', 'DuPont Water Solutions', 'AECOM', 'IDE Technologies', 'Organo Corporation', 'United Utilities Group', 'Larsen & Toubro'

The demand for advanced wastewater treatment services is being driven by governments all over the globe imposing tougher legislation to mitigate water pollution. For example, the EU Water Framework Directive and the U.S. EPA's PFAS regulations require industries and municipalities to adopt new filtration, disinfection, and sludge treatment technology. In both developed and developing countries, there is great demand for expert wastewater treatment services as a result of compliance and environmental protection legislation.

Shift to Decentralized Therapy Systems: Decentralized wastewater treatment is increasingly gaining popularity, particularly in rural or rapidly urbanizing regions. These systems are generally faster to install and take pressure off central infrastructure. They also facilitate easier local water reuse, which aids sustainable urban development. In South Africa, India, and parts of the United States, where flexible and scalable solutions are urgently required, the decentralized method is increasingly being adopted.

What are Key Drivers of Growth in North America’s Wastewater Treatment Service Market?