Demand driven by Govt regulations
Increasing demand for sophisticated municipal water and sewage treatment plants across the country, India wastewater treatment plants market is projected to reach US$4.3 billion by 2025, up from around US$2.4 billion in 2019.
Also, demand will be driven by the implementation of strict government regulations, like zero liquid discharge regulation, for the treatment of sewage before discharging into the water bodies is expected to augment demand for wastewater treatment plants through 2025.
However, fluctuating prices of membranes, which is a major raw material for wastewater treatment plants can hamper the growth of the market in the coming years, said a report “India Wastewater Treatment Plants” from ResearchAndMarkets on 13 Mar 2020.
Wastewater treatment plants market of India can be segmented based on type, plant category, process, operating mode, end user industry and region.
In terms of process, market can be segmented into Moving Bed Biological Reactor (MBBR) and Sequencing Batch Reactor (SBR). MBBR held the dominant share in 2019 and the trend is anticipated to continue over the next five years as well, said the report.
MBBR is a low maintenance process with high efficiency and requires less space as it uses only tank for treatment.
Leading companies in the industry are: Thermax Ltd, VA Tech Wabag Ltd, SUEZ Water Technologies & Solutions, Ion Exchange India Ltd, Ecolab (Nalco Water), Doshion Veolia Water Solutions Pvt Ltd, Larsen & Toubro Limited, Triveni Engineering & Industries Ltd, Toshiba Water Solutions Private Limited, Paramount Limited and IVRCL Infrastructures & Projects Ltd (IVRCL). fiinews.com
