Press Release

India Water and Wastewater Treatment Market to Bloom with Surging Urban Sewage & Growing Government Water Treatments Plans

The India Water and Wastewater Treatment Market size was valued at USD 1.51 billion in 2022 & is estimated to grow at a CAGR of around 11.22% during the forecast period 2024-30, cites MarkNtel Advisors in the recent research report. The market growth is attributed to the expanding urban wastewater in line with rapid urbanization, the rise in wetland restorations, the growth of the chemical industry, and increasing wastewater treatment initiatives by the central government.

The Indian government has been rolling out several initiatives, including the Atal Mission for Rejuvenation and Urban Transformation, the National Mission for Clean Ganga, etc. These endeavors aim to establish resilient sewage networks, ensure sufficient water supply, curb pollution, and conserve rivers as well as provide safe & ample drinking water. As a result, there has been a notable increase in the demand for Water and Wastewater treatment solutions like reverse-osmosis desalination, coagulation and flocculation, filtration, chlorination, and more in recent years.

Additionally, India is one of the most water-stressed nations in the world. Millions of people under water stress could cause the loss of the country’s GDP by around ~6%. The total wastewater generation of the country & the treatment operational capacity of plants are much lower than the waste that is generated. This gap indicates that large amounts of wastewater remain untreated & disposed of directly into the water bodies.

These environmental & economic concerns attracted the government's attention to take some preventive measures & launch various schemes to reduce the wastewater discharge directly into the water bodies as well as reuse wastewater efficiently. This imperative to manage urban sewage is projected to boost the market growth, further states the research report "India Water and Wastewater Treatment Market Analysis, 2024."

India Water and Wastewater Treatment Market Segmentation Analysis

Treatment Segment to Account for the Prominent Share of the Market

Based on the offering segment, the market is further bifurcated into treatment, and service. Of all, the Treatment segment is anticipated to hold a significant portion of the market in the forecast period. This projection is driven by technological progress, increasing emphasis on clean water initiatives, and the rapid growth of the food & beverage sector.

The convergence of emerging water & wastewater technologies, including advanced membrane filtration, microbial fuel cells, and reverse osmosis membranes, has triggered a transformation in treatment methodologies across industries such as chemicals, pharmaceuticals, and textiles. This migration towards contemporary technologies has driven the escalating need for sophisticated Water and Wastewater treatment solutions in recent times.

Moreover, the Indian dairy & beverage sector is poised for expansion, fueled by government initiatives such as the National Dairy Plan and Rashtriya Gokul Mission, along with urban demand, health awareness, and hospitality industry growth. This thriving growth is drawing investments & new firm establishments. With the sector's expansion, precise Water and Wastewater treatment becomes imperative to mitigate waste-organic content, eliminate pollutants, and neutralize pathogens. This trend is expected to drive the market's growth in the foreseeable future.

Municipal Water Treatment to Hold Major Share of the Market

Based on the end-user segment, the market is further bifurcated into Industrial & Municipal. Municipal segment is projected to account major share owing to growing infrastructure development, government initiatives, surging urbanization, etc. In 2019, India launched the Jal Jeevan Mission, which strives for 100% safe drinking water through individual tap connections, acknowledging its vital role in citizens' well-being.

Enhancing water source quality & implementing effective treatment processes are key to achieving this mission. Municipal water treatment plants play a crucial role in ensuring high-quality supply without household purification. The government encourages the establishment of community water purification plants (CWPPs) in areas affected by arsenic & fluoride. These plants aim to provide 8-10 liters per capita daily for drinking & cooking, underscoring the growing demand for water treatment solutions in upcoming municipal projects.

Furthermore, heightened commitment to stringent water quality standards & stricter environmental regulations have prompted municipalities throughout India to embark on extensive upgrades of their water treatment infrastructure. This proactive strategy ensures adherence to compliance, decreasing contamination risks & disease outbreaks. The stringent regulatory framework acts as a driving force for the enhancement of municipal plant facilities, ultimately propelling the expansion of the India Water and Wastewater Treatment Market.

Competitive Landscape

With strategic initiatives, such as mergers, collaborations, and acquisitions, the leading market players, including Are Larsen & Toubro, Ion Exchange, Thermax, Veolia, Suez, SPML Infra, VA Tech WABAG, Triveni Engineering, Nalco Water, Toshiba, and Others are looking forward to strengthening their market position.

Key Questions Answered in the Research Report

1. What are the industry’s overall statistics or estimates (Overview, Size- By Value, Forecast Numbers, Segmentation, Shares)?
2. What are the trends influencing the current scenario of the market?
3. What key factors would propel and impede the industry across the country?
4. How has the industry been evolving in terms of geography & product adoption?
5. How has the competition been shaping across the country?
6. How has the buying behavior, customer inclination, and expectations from product manufacturers been evolving during 2019-30?
7. Who are the key competitors, and what strategic partnerships or ventures are they coming up with to stay afloat during the projected time frame?