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Packaged Water Treatment System Market set to reach USD 52.30 Billion by 2032

December 4, 2024 by MarketNewsData

From GlobeNewswire: 2024-12-04 08:24:00

The Packaged Water Treatment System Market was valued at USD 23.63 Billion in 2023, set to reach USD 52.30 Billion by 2032 with a CAGR of 9.23%. Growing demand for clean water due to contamination concerns is driving market growth, with focus on sustainability and technological advancements in treatment systems.

The market is witnessing significant growth due to rising pollution and the need for efficient wastewater treatment solutions. Urbanization and industrialization contribute to water contamination, increasing the demand for compact and cost-effective water treatment solutions like packaged systems.

North America led the Packaged Water Treatment System Market in 2023 with over 42% share, driven by stringent water quality regulations and infrastructure investments. In the Asia-Pacific region, rapid urbanization and industrialization are boosting demand for packaged water treatment systems to address critical water pollution issues.

Extended Aeration technology dominated the market in 2023 with over 38% share, favored for its efficiency in biological treatment and adaptability to varying wastewater volumes. Municipal Wastewater Treatment segment led with over 48% share, meeting the increasing demand for efficient wastewater management in urban areas.

Recent developments include Veolia’s collaboration with the University Area Joint Authority to install a biological hydrolysis system for renewable energy production. DuPont introduced the DuPont Multibore PRO and PES ultrafiltration membranes for various water purification applications.

SNS Insider offers a detailed report on the Packaged Water Treatment System Market, providing in-depth analysis, market estimation, company insights, and statistical trends. With a focus on sustainable solutions and technological advancements, the market is poised for significant growth in the coming years.



Read more at GlobeNewswire: Packaged Water Treatment System Market to USD 52.30 Billion

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