Decentralized containerized/packaged water and wastewater treatment are considered sustainable solutions. It encourages the reuse of effluent and minimizes the natural water pollution load. Water reuse leads to the reduction of freshwater consumption. Hence, decentralized containerized/packaged water and wastewater treatment systems help saving natural water resources.
According to a new study by MarkNtel Advisors, the Global Decentralized Containerized/Packaged Water and Wastewater Treatment Systems is expected to grow at a CAGR of around 7.2% during the forecast period, i.e., 2021-26. The market growth attributes to the mounting water stress, especially among economically vulnerable countries. Moreover, sanitization & high water quality is the prime concern for developed nations.
Centralized water and wastewater treatment have failed to fulfill qualitative demands. Thus, the adoption of decentralized containerized/packaged water and wastewater treatment system is significantly increasing across the globe, further states the research report, “Global Decentralized Containerized/Packaged Water and Wastewater Treatment Systems Analysis, 2021.”
Industrial Sector Acquired the Largest Share of Global Decentralized Containerized/Packaged Water and Wastewater Treatment Systems Market
Based on the End-User, the market bifurcates into Municipal/Domestic, Industrial, and Commercial. Among these segments, the Industrial sector accounted for the largest share of the Global Decentralized Containerized/Packaged Water and Wastewater Treatment System Market in the previous few years. The segment growth attributes to rapid industrialization, leading to an increase in the discharge of polluted water.
Further, the adoption of decentralized water treatment systems over centralized ones is rising as the former consumes less time to build & improve the quality & quantity of the water treated. Additionally, it can cover most parts of the cities and help provide them with clean water. Hence, the demand for decentralized containerized/packaged water and wastewater treatment systems is significantly increasing across industries worldwide.
“Global Decentralized Containerized/Packaged Water and Wastewater Treatment Systems Analysis, 2021” highlights insights on the market potential & opportunities, along with business strategies to enhance the overall market growth. The report offers an overview of leading market players and their recent developments. Moreover, the report provides incredible market opportunities & emerging trends to help stakeholders make appropriate decisions before investing.
Asia-Pacific to Witness Fastest Growth in the Market
Asia-Pacific is projected to be the fastest-growing market during the forecast period with immense growth potentials. India shall be the leading country in the region as it reports a large volume of polluted water discharged without treatment into the open space, impacting the environment & health. The setup of decentralized containerized/packaged water and wastewater treatment systems is crucial to spur water supply by reusing the treated water and improve the overall health & environment. Therefore, the market shall witness its fastest growth in Asia-Pacific during the forecast years, reveals MarkNtel Advisors in their research report, “Global Decentralized Containerized/Packaged Water and Wastewater Treatment Systems Analysis, 2021.”
Key Market Competitors:
According to MarkNtel Advisors, the leading industry players in the Global Decentralized Containerized/Packaged Water and Wastewater Treatment Systems are Axeon Water, KLARO GmbH, Toshiba, Global Spec, Fluence, Evoqua Water Technologies, Suez Water Technologies, ZeeWeed, Chemtronics, and IANS.
Key Questions Answered in the Study
Market Segmentation: