Global Water And Sewage Market Report 2021 - Opportunities And Strategies, Market Forecast And Trends
23 Feb, 2021
The water and sewage market consists of sales of water supply and sewage removal services by entities (organizations, sole traders and partnerships) that operate water treatment plants and/or water supply systems and sewer systems or sewage treatment facilities; or provide steam, heated air, or cooled air. The water and sewage market is segmented into water supply & irrigation systems; sewage treatment facilities and steam & air-conditioning supply.
Global Water And Sewage Market Size And Drivers:
The global water and sewage market is expected to grow from $501.78 billion in 2020 to $529.5 billion in 2021 at a compound annual growth rate (CAGR) of 5.5%. The market is expected to reach $711.11 billion in 2025 at a CAGR of 8%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges.
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Trends In The Global Water And Sewage Market
Water treatment plants are using energy efficient technologies to reduce energy consumption in their plants. Energy-efficient technologies such as membrane aerated biofilm reactors (MABR) and advanced anaerobic digesters are helpful in water resource recovery. Advanced digesters are used to create biogas, and reciprocating gas engines turn that biogas into electricity, thus enabling plants to become energy neutral.
Global Water And Sewage Market Segments:
The global water and sewage market is further segmented based on type, end user, type of operator and geography.
By Type:Water Supply & Irrigation Systems, Sewage Treatment Facilities, Steam & Air-Conditioning Supply.
By End-User:Residential, Commercial, Industrial.
By Type of Operator:Public Operator, Private Operator.
By Geography:The global water and sewage market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.
Among these regions, Asia Pacific is the largest region in the global water and sewage market, accounting for 33% of the total market.
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Water And Sewage Global Market Report 2021 is one of a series of new reports from The Business Research Company that provides water and sewage market overviews, analyzes and forecasts market size and growth for the global water and sewage market, water and sewage market share, water and sewage market players, water and sewage market segments and geographies, water and sewage market’s leading competitors’ revenues, profiles and market shares. The water and sewage market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.