The rising population round the world has led to a necessity for efficient liquid waste management, which, in turn, will bolster healthy growth of the market within the forthcoming years.
As per the United Nations study, the planet population is expected to reach 8.5 billion by 2030, 9.7 billion by 2050 and surpasses 11 billion by 2100.
Moreover, the continued projects for water treatment plants in the developing nations will subsequently accelerate the liquid waste management market revenue in the forthcoming years, mentioned a report” the market size stood at USD 65.93 billion in 2018.
According to research study by Fortune Business Insights™ the global liquid waste management market size is predicted to reach USD 85.02 billion by 2026, exhibiting a CAGR of three .3% during the forecast period.
Key information from the Research Report:
• Extensive information on factors estimated to affect the market growth and share during the forecast period is presented within the report.
• The report offers this scenario and future growth prospects of market in various geographical regions.
• The competitive landscape analysis on the market also as the qualitative and quantitative information is delivered.
• The SWOT analysis is conducted together with Porter’s Five Force analysis.
• The in-depth analysis provides an insight into the market, underlining the expansion rate and opportunities offered in the business.
Competitive Landscape:
Expansion of Xylem’s Technological Hub to spice up Business Prospects
Xylem Inc., a number one American water technology company for residential, commercial, agricultural and industrial settings announced the launch of its innovative multi-disciplinary center for water, wastewater and energy technologies at the company’s regional headquarters in Singapore.
The expansion project will help the corporate to enhance its R&D capabilities alongside helping sustainable investments in water technologies for water distribution and wastewater treatment.
The expansion of the Xylem’s water treatment project will have a positive impact on the liquid waste management market trends due to its collaboration with Institute of High-Performance Computing (IHPC).
Furthermore, President and CEO of Xylem, Mr. Patrick Decker, said during a statement, “This new multi-disciplinary center will create ample opportunities to innovate and collaborate with our customers, as we work with them to tackle the region’s greatest water challenges, including water scarcity, affordability and infrastructure resilience. He further added, “bringing research and development capability into our regional headquarters in Singapore puts all of Xylem’s market-leading technology capability in one location, focused on the region’s water technology and infrastructure solutions.” additionally, the growing collaborations and partnerships among major market players will bolster healthy growth of the market within the foreseeable future.
Report Aim & Scope:
• An overview of the market supported geographical scope, segmentation and financial performance of key players is presented within the report.
• The report presents the estimated market size by the top of forecast period. Additionally, the historical and current market size is additionally examined in the report.
• Based on various indicators, the Year on Year growth (%) and compound annual rate of growth (CAGR) for the given forecast period is offered.
• The report presents current trends within the industry and future scope of the market in North America, Asia Pacific, Europe, Latin America and Europe.
• The various parameters accelerating the expansion of the market are incorporated in the research report.
• The report analyzes rate of growth, market size and valuation of the market during the forecast period.
Presence of Major Water Treatment Plants to Foster Growth in North America
The market in North America stood at USD 19.75 billion in 2018 and is predicted to grow rapidly during the forecast period due to the presence of various market players.
the most important water treatment plants in the USA will influence positively to the growth in the region. as an example, Chicago & Boston has the wastewater treatment plant with capacity of 1.44 billion gallons per day and 1.27 billion gallons per day respectively.
Asia Pacific is probably going to witness high growth during the forecast period owing to the growing population in the emerging economies such as China, India. the necessity for liquid waste treatment and recycling to cater to the clean water requirements will enable speedy growth of the market. consistent with the Central Pollution Control Board estimation, India’s water demand is predicted to rise to 1.5 trillion cubic meters by 2030.
Europe is predicted to exhibit a high rate of growth in the foreseeable future. The rising government initiatives to curb pollution will contribute positively to the liquid waste management market growth in the Europe.
Report Aim & Scope:
• An overview of the market supported geographical scope, segmentation and financial performance of key players is presented within the report.
• The report presents the estimated market size by the top of forecast period. Additionally, the historical and current market size is additionally examined in the report.
• Based on various indicators, the Year on Year growth (%) and compound annual rate of growth (CAGR) for the given forecast period is offered.
• The report presents current trends within the industry and future scope of the market in North America, Asia Pacific, Europe, Latin America and Europe.
• The various parameters accelerating the expansion of the market are incorporated in the research report.
• The report analyzes rate of growth , market size and valuation of the market during the forecast period.
The Report Lists the most Companies in the Liquid Waste Management Market
Veolia Environmental Services SUEZ Environment SA Xylem Evoqua Water Technologies Corporation Covanta Holding Corporation Clean Harbors, Inc. GFL Environmental Inc. Cleanaway Aqua America Inc. Hulsey Environmental Services Enva Environmental Recovery Corporation AB Environmental
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