2023 Water and Wastewater Treatment Market Outlook Report

Published On: Feb, 2025
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Pages: 145

The global Water and Wastewater Treatment Market is valued at USD 266 Billion in 2023 and is expected to grow from USD 284 Billion in 2024 to USD 475 Billion in 2031 growing at a CAGR of 7.6%.

The global water and wastewater treatment market in 2023 witnessed strong growth driven by increasing urbanisation, industrialisation, and stringent regulations for clean water and wastewater discharge. The market includes treatment equipment, chemicals, and services used by municipal and industrial sectors to ensure potable water supply and environmentally compliant wastewater disposal. Rising water scarcity, growing public health concerns, and environmental sustainability goals are accelerating investments in advanced treatment technologies such as membrane filtration, UV disinfection, and biological treatment systems. Companies are also focusing on digital solutions, remote monitoring, and smart water networks to optimise operational efficiency and reduce lifecycle costs while enhancing compliance and service reliability.

North America led the market in 2023 with its mature infrastructure and regulatory environment, while Asia-Pacific emerged as the fastest-growing region driven by rapid urban growth, industrial expansion, and increasing government investments in water treatment projects. Europe continued to focus on technological upgrades and reuse initiatives. Key players are expanding their portfolios through strategic acquisitions, partnerships, and innovations in energy-efficient and low-carbon treatment solutions. However, challenges such as high capital costs, ageing infrastructure, and lack of funding in developing regions remain. Market growth is expected to remain positive with rising environmental consciousness, circular economy initiatives, and global focus on achieving water security and sustainability targets.

By segment, equipment is the largest segment in the water and wastewater treatment market as it includes critical filtration systems, membrane technologies, pumps, and disinfection units essential for both municipal and industrial treatment operations. Increasing investments in infrastructure upgrades, capacity expansions, and adoption of advanced treatment technologies drive consistent demand for equipment globally.

By service, operation & process control is the fastest-growing segment as utilities and industrial plants increasingly outsource operational management to ensure compliance, optimise treatment efficiency, and reduce lifecycle costs. Rising focus on smart water management, real-time monitoring, and performance-based service contracts further supports growth in this segment worldwide.

Key Insights

  • The market is driven by strict environmental regulations and rising water scarcity, pushing industries and municipalities to adopt advanced treatment technologies like reverse osmosis, membrane filtration, and tertiary treatment to ensure compliance with safe drinking and discharge standards.
  • North America maintained its leadership position due to established infrastructure and strong regulatory frameworks, while Asia-Pacific recorded the fastest growth driven by expanding urban populations, industrialisation, and government investments in China, India, and Southeast Asia.
  • Leading companies such as Veolia, Xylem, Evoqua, Suez, and DuPont continued to strengthen their market positions through acquisitions, technology partnerships, and global expansion strategies to meet rising demand for efficient and sustainable treatment solutions.
  • Membrane bioreactor technologies are gaining significant traction due to their high contaminant removal efficiency, compact design, and suitability for municipal and industrial wastewater treatment applications across developed and emerging markets.
  • The increasing focus on water reuse and recycling, especially in water-stressed regions, is driving investments in advanced treatment systems that enable treated wastewater to be reused for industrial processes, irrigation, or groundwater recharge.
  • The U.S. market continued its growth momentum supported by infrastructure upgrades, ageing pipeline replacements, smart water management solutions, and regulatory compliance requirements in both municipal and industrial sectors.
  • Water treatment chemicals such as coagulants, flocculants, disinfectants, and pH adjusters saw steady demand as they remain essential for maintaining treatment process efficiency and meeting stringent water quality standards globally.
  • Public–private partnerships and government funding programs are supporting large-scale water infrastructure development projects, enabling technology deployment and service expansions particularly in emerging and developing economies.
  • Smart water treatment trends are gaining importance, with AI, IoT, and digital twins being integrated for real-time monitoring, predictive maintenance, energy savings, and optimised operational performance across treatment facilities.
  • Companies are focusing on sustainability initiatives by developing low-energy and low-carbon treatment solutions, enhancing their competitive positioning and aligning with global environmental and circular economy goals in the water sector.

Reort Scope

Parameter Detail
Base Year 2024
Estimated Year 2025
Forecast Period 2026-2034
Market Size-Units USD billion
Market Splits Covered By End User, By segment, By Service
Countries Covered North America (USA, Canada, Mexico)
Europe (Germany, UK, France, Spain, Italy, Rest of Europe)
Asia-Pacific (China, India, Japan, Australia, Rest of APAC)
The Middle East and Africa (Middle East, Africa)
South and Central America (Brazil, Argentina, Rest of SCA)
Analysis Covered Latest Trends, Driving Factors, Challenges, Supply-Chain Analysis, Competitive Landscape, Company Strategies
Customization 10 % free customization (up to 10 analyst hours) to modify segments, geographies, and companies analyzed
Post-Sale Support 4 analyst hours, available up to 4 weeks
Delivery Format The Latest Updated PDF and Excel Datafile

Market Segmentation

Water and Wastewater Treatment Market, By Segment

  • Chemicals
  • Equipment
  • Services

Water and Wastewater Treatment Market, By Service

  • Design & Engineering
  • Building & Installation
  • Operation & Process Control
  • Maintenance
  • Others

Water and Wastewater Treatment Market, By End-User

  • Municipal Drinking
  • Municipal Wastewater Treatment
  • Energy and Chemicals
  • Food & Beverage
  • Other

Water and Wastewater Treatment Market, By Geography

  • North America (USA, Canada, Mexico)
  • Europe (Germany, UK, France, Spain, Italy, Rest of Europe)
  • Asia-Pacific (China, India, Japan, Australia, Rest of APAC)
  • The Middle East and Africa (Middle East, Africa)
  • South and Central America (Brazil, Argentina, Rest of SCA)

What You Receive

• Global 2023 water and wastewater treatment market size and growth projections (CAGR), 2024- 2034
• Impact of recent changes in geopolitical, economic, and trade policies on the demand and supply chain of 2023 water and wastewater treatment.
• 2023 water and wastewater treatment market size, share, and outlook across 5 regions and 27 countries, 2025- 2034.
• 2023 water and wastewater treatment market size, CAGR, and Market Share of key products, applications, and end-user verticals, 2025- 2034.
• Short and long-term 2023 water and wastewater treatment market trends, drivers, restraints, and opportunities.
• Porter’s Five Forces analysis, Technological developments in the 2023 water and wastewater treatment market, 2023 water and wastewater treatment supply chain analysis.
• 2023 water and wastewater treatment trade analysis, 2023 water and wastewater treatment market price analysis, 2023 water and wastewater treatment Value Chain Analysis.
• Profiles of 5 leading companies in the industry- overview, key strategies, financials, and products.
• Latest 2023 water and wastewater treatment market news and developments.
The 2023 water and wastewater treatment Market international scenario is well established in the report with separate chapters on North America 2023 water and wastewater treatment Market, Europe 2023 water and wastewater treatment Market, Asia-Pacific 2023 water and wastewater treatment Market, Middle East and Africa 2023 water and wastewater treatment Market, and South and Central America 2023 water and wastewater treatment Markets. These sections further fragment the regional 2023 water and wastewater treatment market by type, application, end-user, and country.

Who can benefit from this research

The research would help top management/strategy formulators/business/product development/sales managers and investors in this market in the following ways
1. The report provides 2024 2023 water and wastewater treatment market sales data at the global, regional, and key country levels with a detailed outlook to 2034, allowing companies to calculate their market share and analyze prospects, uncover new markets, and plan market entry strategy.
2. The research includes the 2023 water and wastewater treatment market split into different types and applications. This segmentation helps managers plan their products and budgets based on the future growth rates of each segment
3. The 2023 water and wastewater treatment market study helps stakeholders understand the breadth and stance of the market giving them information on key drivers, restraints, challenges, and growth opportunities of the market and mitigating risks
4. This report would help top management understand competition better with a detailed SWOT analysis and key strategies of their competitors, and plan their position in the business
5. The study assists investors in analyzing 2023 water and wastewater treatment business prospects by region, key countries, and top companies' information to channel their investments.

Available Customizations

The standard syndicate report is designed to serve the common interests of 2023 water and wastewater treatment Market players across the value chain and include selective data and analysis from entire research findings as per the scope and price of the publication.
However, to precisely match the specific research requirements of individual clients, we offer several customization options to include the data and analysis of interest in the final deliverable.

Some of the customization requests are as mentioned below :
Segmentation of choice – Our clients can seek customization to modify/add a market division for types/applications/end-uses/processes of their choice.
2023 water and wastewater treatment Pricing and Margins Across the Supply Chain, 2023 water and wastewater treatment Price Analysis / International Trade Data / Import-Export Analysis
Supply Chain Analysis, Supply–Demand Gap Analysis, PESTLE Analysis, Macro-Economic Analysis, and other 2023 water and wastewater treatment market analytics
Processing and manufacturing requirements, Patent Analysis, Technology Trends, and Product Innovations
Further, the client can seek customization to break down geographies as per their requirements for specific countries/country groups such as South East Asia, Central Asia, Emerging and Developing Asia, Western Europe, Eastern Europe, Benelux, Emerging and Developing Europe, Nordic countries, North Africa, Sub-Saharan Africa, Caribbean, The Middle East and North Africa (MENA), Gulf Cooperation Council (GCC) or any other.
Capital Requirements, Income Projections, Profit Forecasts, and other parameters to prepare a detailed project report to present to Banks/Investment Agencies.
Customization of up to 10% of the content can be done without any additional charges.
Note: Latest developments will be updated in the report and delivered within 2 to 3 working days.

TABLE OF CONTENTS

1.    GLOBALWATER AND WASTEWATER TREATMENT INDUSTRY
1.1.    Market Scope and Definition
1.2.    Study Assumptions

2.    WATER AND WASTEWATER TREATMENT MARKET LATEST TRENDS, DRIVERS AND CHALLENGES, 2024-2031
2.1.    Water and Wastewater Treatment Market Latest Trends
2.1.1.    Growing Demand for Wastewater Recycling and Zero Discharge System:
2.1.2.    Increasing Adoption of Novel and Traditional Treatment Combination:
2.1.3.    Treatment of Emerging Pollutants & Desalination as an Option:
2.1.4.    Growing Demand for Energy Efficient Advanced Water Treatment Technologies:
2.1.5.    Emergence of Smart Water Treatment Systems:
2.2.    Water and Wastewater Treatment Market Insights, 2024-2031
2.2.1.    Leading Water and Wastewater Treatment Segments, 2024-2031
2.2.2.    Dominant Water and Wastewater Treatment Service, 2024-2031
2.2.3.    Leading Water and Wastewater Treatment End-User, 2024-2031
2.2.4.    Fast-Growing Geographies for Water and Wastewater Treatment, 2024-2031
2.3.    Water and Wastewater Treatment Demand Drivers to 2031
2.3.1.    Rapid Population Growth & Rising Urbanization:
2.3.2.    Demand for Clean and Safe Water:
2.3.3.    Increasing Development Practices & Agricultural Practices:
2.3.4.    Strict Government Regulations & Initiatives Regarding the Treatment of Wastewater:
2.3.5.    Surging Pulp & Paper Industries and Oil & Gas Industry:
2.4.    Water and Wastewater Treatment Challenges to 2031
2.4.1.    High Installation, Equipment and Operating Costs:
2.4.2.    Upgrading and Repairing Aging Water Infrastructure:
2.4.3.    Fluctuating Prices of Raw Materials:
2.5.    Water and Wastewater Treatment Market-Five Forces Analysis

3.    GLOBAL WATER AND WASTEWATER TREATMENT MARKET VALUE, MARKET SHARE, AND FORECAST to 2031
3.1.    Global Water and Wastewater Treatment Market Overview, 2024
3.2.    Global Water and Wastewater Treatment Market Size and Share Outlook, By Segment, 2024-2031
3.2.1.    Water and Wastewater Treatment Chemicals
3.2.2.    Water and Wastewater Treatment Equipment
3.2.3.    Water and Wastewater Treatment Services
3.3.    Global Water and Wastewater Treatment Market Size and Share Outlook, By Service, 2024-2031
3.3.1.    Design & Engineering
3.3.2.    Building & Installation
3.3.3.    Operation & Process Control
3.3.4.    Maintenance
3.3.5.    Others
3.4.    Global Water and Wastewater Treatment Market Size and Share Outlook, By End-User, 2024-2031
3.4.1.    Municipal Drinking
3.4.2.    Municipal Wastewater Treatment
3.4.3.    Energy and Chemicals
3.4.4.    Food & Beverage
3.4.5.    Other End-Users
3.5.    Global Water and Wastewater Treatment Market Size and Share Outlook by Region, 2024-2031

4.    NORTH AMERICA WATER AND WASTEWATER TREATMENT MARKET VALUE, MARKET SHARE, AND FORECAST to 2031
4.1.    North America Water and Wastewater Treatment Market Overview, 2024
4.2.    North America Water and Wastewater Treatment Market Size and Share Outlook by Segment, 2024-2031
4.3.    North America Water and Wastewater Treatment Market Size and Share Outlook, By Service, 2024-2031
4.4.    North America Water and Wastewater Treatment Market Size and Share Outlook by End-User, 2024-2031
4.5.    North America Water and Wastewater Treatment Market Size and Share Outlook by Country, 2024-2031
4.5.1.    United States
4.5.2.    Canada
4.5.3.    Mexico

5.    EUROPE WATER AND WASTEWATER TREATMENT MARKET VALUE, MARKET SHARE, AND FORECAST to 2031
5.1.    Europe Water and Wastewater Treatment Market Overview, 2024
5.2.    Europe Water and Wastewater Treatment Market Size and Share Outlook by Segment, 2024-2031
5.3.    Europe Water and Wastewater Treatment Market Size and Share Outlook, By Service, 2024-2031
5.4.    Europe Water and Wastewater Treatment Market Size and Share Outlook by End-User, 2024-2031
5.5.    Europe Water and Wastewater Treatment Market Size and Share Outlook by Country, 2024-2031
5.5.1.    Germany
5.5.2.    France
5.5.3.    UK
5.5.4.    Italy
5.5.5.    Spain
5.5.6.    Rest of Europe

6.    ASIA PACIFIC WATER AND WASTEWATER TREATMENT MARKET VALUE, MARKET SHARE AND FORECAST to 2031
6.1.    Asia Pacific Water and Wastewater Treatment Market Overview, 2024
6.2.    Asia Pacific Water and Wastewater Treatment Market Size and Share Outlook by Segment, 2024-2031
6.3.    Asia Pacific Water and Wastewater Treatment Market Size and Share Outlook, By Service, 2024-2031
6.4.    Asia Pacific Water and Wastewater Treatment Market Size and Share Outlook by End-User, 2024-2031
6.5.    Asia Pacific Water and Wastewater Treatment Market Size and Share Outlook by Country, 2024-2031
6.5.1.    China
6.5.2.    Japan
6.5.3.    India
6.5.4.    Rest of Asia Pacific

7.    SOUTH AND CENTRAL AMERICA WATER AND WASTEWATER TREATMENT MARKET VALUE, MARKET SHARE AND FORECAST to 2031
7.1.    South and Central America Water and Wastewater Treatment Market Overview, 2024
7.2.    South and Central America Water and Wastewater Treatment Market Size and Share Outlook by Segment, 2024-2031
7.3.    South and Central America Water and Wastewater Treatment Market Size and Share Outlook, By Service, 2024-2031
7.4.    South and Central America Water and Wastewater Treatment Market Size and Share Outlook by End-User, 2024-2031
7.5.    South and Central America Water and Wastewater Treatment Market Size and Share Outlook by Country, 2024-2031
7.5.1.    Brazil
7.5.2.    Argentina
7.5.3.    Rest of South and Central America

8.    MIDDLE EAST AFRICA WATER AND WASTEWATER TREATMENT MARKET VALUE, MARKET SHARE AND FORECAST to 2031
8.1.    Middle East Africa Water and Wastewater Treatment Market Overview, 2024
8.2.    Middle East Africa Water and Wastewater Treatment Market Size and Share Outlook by Segment, 2024-2031
8.3.    Middle East Africa Water and Wastewater Treatment Market Size and Share Outlook, By Service, 2024-2031
8.4.    Middle East Africa Water and Wastewater Treatment Market Size and Share Outlook by End-User, 2024-2031
8.5.    Middle East Africa Water and Wastewater Treatment Market Size and Share Outlook by Country, 2024-2031
8.5.1.    Middle East
8.5.2.    Africa

9.    WATER AND WASTEWATER TREATMENT MARKET STRUCTURE
DOW Water & Process Solutions
eVOQUA Water Technologies
Kurita Water Industries Ltd.
Pentair PLC
Veolia Environnement S.A.
Hydranautics
Koch Membrane Systems Inc
Memstar Pte Ltd.
MICRODYN-NADIR GmbH
OVIVO Inc
Pall Corporation

10.    APPENDIX
10.1.    About Us
10.2.    Sources
10.3.    Research Methodology
10.4.    Contact Information

    

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