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By 2026, the Global Sewage Treatment Facilities Market will reach 169.9 billion dollars

Utilities Tech Outlook | Thursday, January 06, 2022

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The wastewater released from industrial and residential units including the pre-treated industrial wastewater is processed in order to eliminate various forms of contaminants from sewage which is represented as Sewage treatment.

FREMONT, CA: The approach of utilizing chemical biological and physical processes for eliminating contaminants and achieving treated wastewater that is safe to release into the environment is referred to as municipal wastewater management or domestic wastewater treatment. This treatment also yields sewage sludge which is further taken as a byproduct before disposal or specific uses. This sewer system also helps to reduce pollutant load as they carry industrial effluent to sewage treatment facilities. Additionally, they also carry the urban runoff like storm water to these facilities. One of the major reasons behind the rising water pollution is the release of untreated wastewater into the environment. Municipal wastewater treatment is a part of sanitation that also helps to manage solid waste, human waste, and storm water.

Although globally 50 percent of municipal wastewater is treated, there is variance in the treatment rate when analyzed region-wise. In the developed nations around 75 percent of municipal wastewater is treated, however, in the developing nations it holds a low rate of 4.2 percent. On-site sanitation systems are utilized in the sewage across developing nations including rural areas with low population density rather than being conveyed to sewers. Furthermore, on-site sewage units, drain fields, or vermifilter systems linked to septic tanks are featured in these systems. Despite the COVID 19 crises, the global market for Sewage Treatment Facilities is expected to reach 169.9 billion dollars by 2026 growing at a CAGR of 6 percent, which was estimated at 120.4 billion in the year 2020. Among the segments analyzed in this report, the residential segment is anticipated to reach 97.6 billion dollars at a CAGR of 6.8 percent by 2026. Furthermore, the industrial segment is modified to a revised CAGR of 5.7 percent for the next 7 years duration, after a detailed analysis of the pandemic implications of the business and its generated economic growth. Currently, this segment accounts for a 31.6 percent share of the global Sewage Treatment Facilities market.

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