Water Treatment Technology Market: By Technology Type (Chemicals (Biocides, Activated Carbon, Antifoams & Defoamers, Corrosion & Scale Inhibitors, Coagulants & Flocculants, and Others), Membrane System (Ultrafiltration, Microfiltration, Electrodialysis, Reverse Osmosis, Gas Separation, and Others), Biological Treatment, Disinfection & Oxidation, and Others), By End User (Municipal Water & Wastewater Treatment, Industrial Water Treatment, Commercial & Residential Water Treatment, and Agriculture Water Treatment), and Geography

Water Treatment Technology Market size was valued at USD 167,298.2 million in 2023 and is poised to grow at a CAGR of 4.9% from 2024-2030. The water treatment technology market plays a vital role in ensuring clean and accessible water for human consumption, industrial processes, and environmental protection. In addition, climate change, population growth, and unsustainable water consumption practices are leading to a global water scarcity crisis. This necessitates advanced treatment technologies like desalination and water reuse to bridge the gap between demand and availability. Many regions are already experiencing water stress, where demand outstrips supply. This puts immense pressure on existing water treatment infrastructure and drives investments in more efficient and sustainable solutions.

Moreover, stricter regulations on water quality standards are being implemented globally to ensure safe drinking water for human consumption. This translates to a demand for advanced treatment technologies that can remove contaminants like bacteria, heavy metals, and pharmaceuticals. Also, growing awareness of environmental pollution necessitates robust wastewater treatment solutions to minimize the discharge of harmful pollutants into water bodies. This promotes technologies that remove organic matter, nutrients, and emerging contaminants from wastewater. Furthermore, rapid urbanization leads to increased water demand for residential and commercial uses. This puts a strain on existing water treatment infrastructure and necessitates investments in expanding treatment capacity. Also, industrial activity is a significant water consumer.  Growing industries create a demand for efficient industrial wastewater treatment technologies to minimize water pollution and comply with environmental regulations. However, advanced water treatment technologies like membrane filtration and desalination often come with hefty price tags. This can be a significant barrier for developing countries with

Water Treatment Technology Market Key Developments

• In November 2022, WABAG LIMITED made an agreement with the Asian Development Bank ('ADB') for raising a fund of INR 200 crores (~ USD 24.6 million) through unlisted Non-Convertible Debentures carrying five years and three months’ tenors. ADB will contribute to it for over 12 months in its water treatment business.
• In August 2022, Huliot Pipes, An Israeli company, inaugurated the ClearBlack Sewage Treatment Plant customized for the Indian market for wastewater recycling and reuse.