India Water And Wastewater Treatment (WWT) Technology Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Market Size (2024) | USD 1.02 Billion |
| Market Size (2029) | USD 1.71 Billion |
| CAGR (2024 - 2029) | 10.78 % |
| Market Concentration | High |
Major Players_Technology_Market_-_Keyplayers.webp "India Water And Wastewater Treatment (WWT) Technology Market Major Players")
*Disclaimer: Major Players sorted in no particular order |
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India Water And Wastewater Treatment (WWT) Technology Market Analysis
The India Water And Wastewater Treatment Technology Market size is estimated at USD 1.02 billion in 2024, and is expected to reach USD 1.71 billion by 2029, growing at a CAGR of 10.78% during the forecast period (2024-2029).
The COVID-19 outbreak negatively affected the Indian economy and the operations of several end-user industries of the market studied. It reduced the outflow of industrial wastewater. The COVID-19 pandemic resulted in a massive drop in oil demand. As a result, the industry's need for water treatment technologies declined. In the food and beverage industry, labor shortages and the shutdown of plants reduced the food production levels in 2020. Furthermore, in the pulp and paper industry, reduced imports of packaging material by major consumers resulted in a domestic oversupply of pulp and paper products in the manufacturing countries. This oversupply issue is negatively affecting the growth of the industry.
- In the medium term, the rapidly diminishing freshwater resources and growing wastewater complexities are expected to drive the demand for water and wastewater treatment technologies in India.
- The high cost of water treatment plants is expected to hinder the growth of the market studied.
- Innovations in water treatment technologies are anticipated to act as an opportunity for the market studied.
India Water And Wastewater Treatment (WWT) Technology Market Trends
Treatment Equipment to Dominate the Market
- Treatment equipment technology includes oil/water separation, suspended solids removal, dissolved solids removal, biological treatment/nutrient and metals recovery, disinfection/oxidation, and other treatment equipment.
- India is the third-largest producer of coal. Coal production requires plenty of water, and there is a need for extensive wastewater treatment. Clarifiers and disposable filtration equipment are primarily used to treat suspended solids in the Indian mining sector. The COVID-19 pandemic led to mining production and expansion disruptions in 2020, which affected newer equipment adoption for solid treatments.
- According to the Financial Express, by 2030, India's water demand will exceed supply by two times, indicating severe water scarcity in the country. This water shortage for industrial and residential use is expected to increase the need for such water treatment systems in the long run.
- Major end-user industries using anaerobic biological treatment in India include municipal wastewater treatment, food and beverage manufacturing, chemical effluent, and agricultural waste. The growing awareness is driving the demand for anaerobic biological treatment equipment in India.
- In the fiscal year 2021-2022, it is estimated that the total implementation cost of Swachh Bharat Mission-Urban 2.0 for its various components was INR 1,41,600 crores (~USD 18.998 billion). Out of which, the Indian government's share will be INR 36,465 crores (~USD 4.892 billion), while the rest will be from other sources of funds, including CSR from the public/ private sector, external assistance, etc. It includes the fund allocation for water and wastewater treatment in the country.
- India's zinc production has witnessed growth in recent years with increasing consumer demand. According to the Economic Times, India consumes over 850,000-900,000 tons of zinc yearly, with an annual growth rate of 7-8%. However, increasingly stringent environmental regulations on zinc production are estimated to hamper the growth of water treatment technologies in recent times.
- Due to the abovementioned factors, treatment equipment is expected to dominate the market studied.
Municipal Segment to Dominate the Market
- Wastewater treatment is necessary and used across India in different cities. The significant applications of treatment technologies include preliminary treatment, primary and secondary treatment, tertiary treatment, biological nutrient removal (BNR), resource recovery, and energy generation. Municipal wastewater treatment involves a lot of biomass. Therefore, biological treatment is a significant step used to treat biowaste.
- Wastewater technology is primarily used in municipal wastewater treatment by the municipal authority of various cities across India. As per the World Bank, India, along with China, Indonesia, Nigeria, and the United States, will lead the world's urban population surge by 2050.
- Moreover, the municipal water treatment in various municipalities in the country is observing a significant increase owing to government initiatives to provide the more rural population with access to safe and adequate drinking water within their premises.
- According to the Ministry of Jal Shakti of the Government of India, in FY 2022, the percentage of the rural population having access to safe and adequate drinking water within premises increased to 61.52% from 55.23% in FY2021.
- Furthermore, the Indian government is targeting to provide 100% of its population with safe and adequate drinking water within premises by the year 2024 or 2025, which will boost the municipal water treatment plants in the country.
- IDE Technologies, an Israeli firm, joined hands with the government of Andhra Pradesh to set up desalination plants in various states to overcome the water scarcity in the cities.
- To fulfill the scarcity of water, the Council on Energy, Environment, and Water (CEEW), in association with the 2030 Water Resources Group, is planning to improve wastewater management in India, along with increasing private investments to build wastewater treatment plants.
- Over the past few years, the urban sewage capacity in the country growed significantly. This growing capacity will likely drive the country's innovative water treatment technology demand.
- Hence, owing to the abovementioned factors, municipal water, and wastewater treatment technologies will likely dominate the market during the forecast period.
India Water And Wastewater Treatment (WWT) Technology Industry Overview
The Indian water and wastewater treatment (WWT) technology market is partially consolidated, with the major players accounting for a moderate market share. The key players in the market studied include (not in any particular order) Veolia, Suez, Thermax Limited, VA TECH WABAG LIMITED, and DuPont.
India Water And Wastewater Treatment (WWT) Technology Market Leaders
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Veolia
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Suez
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Thermax Limited
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VA TECH WABAG LIMITED
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DuPont
*Disclaimer: Major Players sorted in no particular order
_Technology_Market.webp "India Water And Wastewater Treatment (WWT) Technology Market Concentration")
India Water And Wastewater Treatment (WWT) Technology Market News
- November 2022: WABAG LIMITED signed 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 subscribe to it for over 12 months in its water treatment business.
- August 2022: An Israeli company, Huliot Pipes, launched the ClearBlack Sewage Treatment Plant customized for the Indian market for wastewater recycling and reuse.
India Water & Wastewater Treatment Market Report - Table of Contents
1. INTRODUCTION
- 1.1 Study Assumptions
- 1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
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4.1 Drivers
- 4.1.1 Rapidly Diminishing Fresh Water Resources
- 4.1.2 Growing Wastewater Complexities
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4.2 Restraints
- 4.2.1 High Cost of Water Treatment Technology
- 4.3 Industry Value Chain Analysis
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4.4 Porter's Five Forces Analysis
- 4.4.1 Bargaining Power of Suppliers
- 4.4.2 Bargaining Power of Consumers
- 4.4.3 Threat of New Entrants
- 4.4.4 Threat of Substitute Products and Services
- 4.4.5 Degree of Competition
5. MARKET SEGMENTATION (Market Size in Value)
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5.1 Equipment Type
- 5.1.1 Treatment Equipment
- 5.1.1.1 Oil/Water Separation
- 5.1.1.2 Suspended Solids Removal
- 5.1.1.3 Dissolved Solids Removal
- 5.1.1.4 Biological Treatment/Nutrient and Metals Recovery
- 5.1.1.5 Disinfection/Oxidation
- 5.1.1.6 Other Treatment Equipment
- 5.1.2 Process Control Equipment and Pumps
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5.2 End-user Industry
- 5.2.1 Municipal
- 5.2.2 Food and Beverage
- 5.2.3 Pulp and Paper
- 5.2.4 Oil and Gas
- 5.2.5 Healthcare
- 5.2.6 Poultry and Agriculture
- 5.2.7 Chemical and Petrochemical
- 5.2.8 Other End-user Industries
6. COMPETITIVE LANDSCAPE
- 6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements
- 6.2 Market Share(%)**/ Ranking Analysis
- 6.3 Strategies Adopted by Leading Players
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6.4 Company Profiles
- 6.4.1 Aquatech International LLC
- 6.4.2 DuPont
- 6.4.3 Evoqua Water Technologies LLC
- 6.4.4 Hindustan Dorr-Oliver Ltd
- 6.4.5 Hitachi Ltd
- 6.4.6 Mott MacDonald
- 6.4.7 Schlumberger Limited
- 6.4.8 Siemens Water Solutions
- 6.4.9 Suez
- 6.4.10 Thermax Limited
- 6.4.11 VA TECH WABAG LIMITED
- 6.4.12 Veolia
- *List Not Exhaustive
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
- 7.1 Innovations in Water Treatment Technologies
India Water And Wastewater Treatment (WWT) Technology Industry Segmentation
The Indian water and wastewater treatment (WWT) technology market is segmented by equipment type and end-user industry. The market is segmented by equipment type into treatment equipment, process control equipment, and pumps. The treatment equipment is further segmented into oil/water separation, suspended solids removal, dissolved solids removal, biological treatment/nutrient, metals recovery, disinfection/oxidation, and other treatment equipment. The market is segmented by end-user industry: municipal, food and beverage, pulp and paper, oil and gas, healthcare, poultry and agriculture, chemical, and other end-user industries. The report offers the market size in value terms in USD for all the abovementioned segments.
| Equipment Type | Treatment Equipment | Oil/Water Separation |
| Suspended Solids Removal | ||
| Dissolved Solids Removal | ||
| Biological Treatment/Nutrient and Metals Recovery | ||
| Disinfection/Oxidation | ||
| Other Treatment Equipment | ||
| Equipment Type | Process Control Equipment and Pumps | |
| End-user Industry | Municipal | |
| Food and Beverage | ||
| Pulp and Paper | ||
| Oil and Gas | ||
| Healthcare | ||
| Poultry and Agriculture | ||
| Chemical and Petrochemical | ||
| Other End-user Industries |
India Water & Wastewater Treatment Market Research FAQs
How big is the India Water And Wastewater Treatment Technology Market?
The India Water And Wastewater Treatment Technology Market size is expected to reach USD 1.02 billion in 2024 and grow at a CAGR of 10.78% to reach USD 1.71 billion by 2029.
What is the current India Water And Wastewater Treatment Technology Market size?
In 2024, the India Water And Wastewater Treatment Technology Market size is expected to reach USD 1.02 billion.
Who are the key players in India Water And Wastewater Treatment Technology Market?
Veolia, Suez, Thermax Limited, VA TECH WABAG LIMITED and DuPont are the major companies operating in the India Water And Wastewater Treatment Technology Market.
What years does this India Water And Wastewater Treatment Technology Market cover, and what was the market size in 2023?
In 2023, the India Water And Wastewater Treatment Technology Market size was estimated at USD 0.91 billion. The report covers the India Water And Wastewater Treatment Technology Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the India Water And Wastewater Treatment Technology Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
India Water and Wastewater Treatment Industry Report
Statistics for the 2024 India Water and Wastewater Treatment market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. India Water and Wastewater Treatment analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
