Explore IX Water: Innovative Industrial Wastewater Treatment & Recycling

It’s not going anywhere … Treatment market for industrial wastewater on the rise

by Deborah | Sep 5, 2019 | Social Media, Uncategorized

When people first find out what I do, they are perplexed!  Why would you want to be involved in industrial wastewater treatment?

It ain’t pretty.  It ain’t glamorous. And, there’s so darn much of it.   Precisely!   Next to polluted air and rising temperatures, contaminated water is a huge problem for the big blue marble we call earth.

We can’t live without water and I’m proud as a partner here at IX Power Clean Water to have a role in the quest to make sure we have enough by offering state-of-the-art treatment technology — and certainly there’s enough wastewater to treat. A Business Wire press release that landed in my email announced “Global Industrial Wastewater Treatment Service Market Expected Growth of 6.5%.”

Wow!  The article goes on to say:   The Global Industrial Wastewater Treatment Market is accounted for $10.07 billion in 2017 and is expected to reach $17.74 billion by 2026 growing at a CAGR of 6.5% during the forecast period.

Industrial wastewater treatment describes the processes used for treating wastewater that is produced by industries as an undesirable by-product. After treatment, the treated industrial wastewater (or effluent) may be reused or released to a sanitary sewer or to surface water in the environment. Most industries produce some wastewater. Recent trends have been to minimize such production or to recycle treated wastewater within the production process. Growing industrialization and urbanization are some of the factors fuelling the market growth. However, increasing nuclear decommissioning restricts the market growth.

By type, the biocides & disinfectants is expected to be the largest segment of the industrial wastewater treatment market during the forecast period.
The demand for biocides and disinfectants chemicals is comparatively higher owing to its high requirement in wastewater treatment applications of all the major end-use industries considered in the study. Biocides are directly related to human physiology and have the ability to neutralize diseases causing microbes.
By Geography, APAC (Asia Pacific countries) is projected to be the fastest-growing market during the forecast period. This growth is attributed to the high demand from the power generation, mining, food & beverage, chemical, pulp & paper, and textile industries in the APAC region. The APAC market growth is expected to be propelled by the changing demographics such as improving living standards, stringent regulations regarding the treatment of wastewater, rapid industrialization, and growing population in the region during the forecast period.
To see the whole piece and get more information from Business Wire, click HERE.

 

 

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