_Water_Wastewater_Treatment_Systems_Market_-_Cover_Slide.png)
Decentralized Containerized/Packaged Water & Wastewater Treatment is an approach to treat the water or wastewater in the nearby vicinity of its generation source.
This system performs the water or wastewater treatment at the demand, supply, or ideally both the sites. It is a sustainable alternative to huge treatment plants that relies on large & complex sewer infrastructure. A decentralized water & wastewater treatment system provides the flexibility required to deal with water challenges around the globe.
The Global Decentralized Containerized/Packaged Water and Wastewater Treatment Systems Market are likely to grow at a CAGR of around 7.2% during the forecast period, i.e., 2021-26, says MarkNtel Advisors. Good water quality is crucial to human health and social & economic development. With the rapidly growing population, the natural environment is getting degraded rapidly. Therefore, ensuring a safe & sufficient water supply for everyone is gradually becoming more challenging. A major part of the solution is implementing a better water treatment system at the maximum possible locations. Hence, the demand for decentralized containerized/packaged water and wastewater treatment systems is significantly increasing.
The research report “Global Decentralized Containerized/Packaged Water and Wastewater Treatment Systems Market Analysis, 2021” further states that decentralized containerized/packaged water and wastewater treatment systems require less space and support easy expansion whenever needed. In addition, to meet high-quality requirements, these systems possess advanced technologies, thereby aiding the circular economy of water resources.
| Report Coverage | Details |
|---|---|
| Study Period | Historical Data: 2016-19 |
| Base Year: 2020 | |
| Forecast Period: 2021-26 | |
| CAGR (2021-2026) | 7.2% |
| Regions Covered | North America: USA, Canada, Mexico |
| Europe: Germany, UK, France, Italy, Spain, Netherlands | |
| Asia-Pacific: China, India, Japan, South Korea, Australia | |
| South America: Brazil, and Argentina | |
| Middle East & Africa: UAE, Saudi Arabia, South Africa | |
| Key Companies Profiled | Axeon Water, KLARO GmbH, Toshiba, Global Spec, Fluence, Evoqua Water Technologies, Suez Water Technologies, ZeeWeed, Chemtronics, IANS |
| Unit Denominations | USD Million/Billion |
COVID-19 Outbreak Positively Impacted the Global Decentralized Containerized/Packaged Water and Wastewater Treatment Systems Market
Access to clean water & sanitation is a problem for millions worldwide. It is essential during regular times and even more when there's a pandemic. According to WHO, there is no current evidence that COVID-19 gets spread through water. However, during the pandemic, the lack of clean water for drinking & hygienic practices became one of the biggest concerns for cities in both developing & developed counties.
Hence, the outbreak of the COVID-19 pandemic has pointed out the issues related to water & wastewater treatment & supply infrastructure. It has led to a surge in the adoption of Decentralized Containerized/Packaged Water and Wastewater Treatment Systems, thereby aiding the overall market growth. Moreover, post-COVID-19, the demand for clean water for drinking & sanitation purposes will continue to increase. Thus, the market shall continue to grow significantly during the forecast timeframe.
Market Segmentation
Industrial Sector Dominated the Market with the Largest Share
Based on the End-User, the market bifurcates into Municipal/Domestic, Industrial, and Commercial sectors. Of these segments, the Industrial sector acquired the largest share of the Global Decentralized Containerized/Packaged Water and Wastewater Treatment Systems Market in the previous few years. The key factor contributing to the segment growth is the rapid industrialization across the globe, leading to a surge in the disposal of contaminated water from industries. Industrial wastewater may contain chemical residues and other pollutants at a level that could negatively affect the environment and human health. Hence, the treatment of industrial wastewater is a crucial process before release.
The centralized systems are time-consuming to build and can't cover all parts of the city due to topography. In addition, these centralized systems often fail due to poor design & high costs associated with operation & maintenance. A decentralized system for industrial wastewater treatment is the best option to enhance the quality and amount of water treated that can be reused productively, thereby minimizing the use of water extracted from the environment.
Thus, the demand for decentralized containerized/packaged water and wastewater treatment systems for treating wastewater across industries is significantly increasing, cites MarkNtel Advisors in their research report, “Global Decentralized Containerized/Packaged Water and Wastewater Treatment Systems Market Analysis, 2021.”
Regional Landscape
Europe is the Leading Market for the Decentralized Containerized/Packaged Water and Wastewater Treatment Systems, Asia-Pacific is the Fastest Growing Market Through 2026
Currently, Europe is the leading market for Decentralized Containerized/Packaged Water and Wastewater Treatment Systems owing to the strict environmental regulations on the release of wastewater in water bodies.
Further, Asia-Pacific is projected to register the fastest growth with significant growth potential during the forecast period. India is the dominating country in the Asia-Pacific market due to a large amount of polluted water. In addition, less amount of contaminated water gets treated & reused, making it a single-use resource. Hence, the demand for decentralized containerized/packaged water and wastewater treatment systems is increasing significantly in Asia-Pacific.
Market Driver
Increasing Urban Population and Scarcity of Fresh Water to Boost the Market Growth
According to the United Nations, more than 50% of the global population lives in cities and towns. By 2050, this proportion is projected to surge to two-thirds. The less-developed region is witnessing the fastest population growth in the urban areas, and 68% of the world population is expected to live in urban areas by 2050, says UN.
Even though access to treated water is generally higher in urban areas than rural, planning & implementation of complex infrastructure is the biggest challenge across many regions. According to the UN, 700 million of the urban population have no access to improved sanitation, and 56 million live without improved water sources, which, in turn, contributes to wastewater pollution levels and poor health conditions.
Hence, these conditions prompt the need for decentralized containerized/packaged water and wastewater treatment systems at maximum possible locations to eliminate the risk of water scarcity.
Market Challenge
High Maintenance Costs and Less Reliability to Hamper the Market Growth
Control & proper maintenance of a large number of treatment units is a challenging task. Thus, it leads to an increase in the risk of public health problems. In addition to this, the cost and time involved in building these treatment & storage units are additional burdens to the owner. Further, as it is a newly developed technology, less industry experience can result in less reliability. Hence, these aspects can hinder the overall market growth during the forecast period.
Competitive Landscape
According to MarkNtel Advisors, the leading industry players in the Global Decentralized Containerized/Packaged Water and Wastewater Treatment Systems market are Axeon Water, KLARO GmbH, Toshiba, Global Spec, Fluence, Evoqua Water Technologies, Suez Water Technologies, ZeeWeed, Chemtronics, and IANS.
Key Questions Answered in the Market Research Report:
Market Outlook, Segmentation, and Statistics
Frequently Asked Questions
A. The Global Decentralized Containerized/Packaged Water and Wastewater Treatment Systems Market is forecast to grow at a CAGR of 7.2% during 2021-26.
A. Axeon Water, KLARO GmbH, Toshiba, Global Spec, Fluence, Evoqua Water Technologies, Suez Water Technologies, ZeeWeed, Chemtronics, and IANS are a few of the leading players in the Global Decentralized Containerized/Packaged Water and Wastewater Treatment Systems Market.
A. The Industrial Sector is likely to attain the highest CAGR during the forecast period and maintain its significant market share.
A. Europe continues to grow at the highest CAGR during 2021-26, thereby presenting immense opportunities to market players of the Global Decentralized Containerized/Packaged Water and Wastewater Treatment Systems Market.
A. The rapidly growing population & industrialization, coupled with rising concerns regarding good quality water, are the prime factors expected to fuel the market growth during 2021-26.
A. The COVID-19 pandemic has positively affected the Global Decentralized Containerized/Packaged Water and Wastewater Treatment Systems Market, owing to the rising concerns regarding clean water & sanitation.
