The global Wastewater Treatment Services Market is projected to reach $92.74 billion by 2030, growing at a CAGR of 6.87% from 2025 to 2030, according to a recent market report. Rising environmental concerns, urbanization, industrial growth, and tightening regulations are key factors fueling this demand. With increasing volumes of wastewater from domestic and industrial sources, efficient treatment solutions are essential to prevent environmental damage and protect public health.
The market is further supported by growing awareness of water scarcity, driving the adoption of recycling and reuse technologies, especially in water-stressed regions. This shift toward circular water use is becoming vital for long-term sustainability.
Key service segments include design & engineering consulting, installation, process control, and maintenance & repair. End-use industries range from municipal utilities to industrial sectors like chemicals, oil & gas, food & beverage, pulp & paper, and power generation.
Top market players include Veolia Group (France), Xylem Inc. (US), Suez SA (France), Ecolab Inc. (US), Thermax Ltd. (India), and Pentair (US), among others.
Recent strategic moves include:
- Ecolab’s acquisition of Barclay Water Management (Nov 2024) for advanced digital water monitoring.
- Veolia’s GreenUp 24-27 program (Sep 2024) investing $2.2 billion in sustainable and circular water technologies.
- Thermax’s new wastewater facility in Pune (Apr 2024), enhancing capabilities in advanced treatment technologies.
- Solenis’s acquisition of CedarChem (Oct 2023), strengthening its municipal and industrial water services.
Asia Pacific leads in market growth due to expanding industrial activity, smart manufacturing initiatives, and heavy infrastructure investments, particularly in China and India.