The industrial wastewater treatment market – is big and getting bigger, and IX Power Clean Water is poised to take on its share! According to a recent report announced by Business Wire, this increasingly important market 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. Most industries produce some wastewater.
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.
IX Power Clean Water treats water from a variety of industries – coking and coal, oil & gas, mining, and can also work wonders with industrial/manufacturing wastewater and even NORM – naturally occurring radioactive materials. After treatment by a modular, transportable IX Water system, the water may be reused. IX Water’s cleaning technology works so well the company has even been awarded the rare permission to discharge its output directly into surface waters.