Industrial and commercial end-users could see a strong competitive advantage if they choose new, innovative and decentralized solutions for water and wastewater treatment, according to a new study from Frost & Sullivan. Water scarcity, severe water stress, and stringent regulations to control pollution in water bodies are supporting the growth of decentralized packaged/containerized water and wastewater treatment (WWWT) globally. These modularized treatment plants are low maintenance, compact, easy to install, and more energy efficient. They can reduce the burden on, or eliminate the need for, centralized treatment systems. More importantly, decentralized packaged/containerized treatment is economical and highly sustainable, the report says. Decentralized solutions mean waste or water is managed at or near the site where it is generated.
Acquisitions, mergers and collaborations with regional participants will be the future of this highly fragmented market, according to Frost & Sullivan. Membrane-based packaged plants will dominate the decentralized packaged WWWT market, and Asia-Pacific will be the fastest growing regional market.
The global decentralized packaged/containerized treatment plants market is expected to reach revenues of $6.08 billion by 2023, fueled by rapid urbanization and industrialization. High-rise real estate development in Asia-Pacific, Middle East and North Africa, and new sub-urban and rural communities in Europe and North America will contribute to market revenue in the municipal end-user segment. Industrial growth in developing countries like India and China will also bolster opportunities.
The Frost & Sullivan report echoes a similar report released last month by Research and Markets. That report found that organizations that generate waste may want to consider decentralized solid waste and wastewater management.
Decentralized water technologies and designs include things like water-efficient appliances, rooftop rain gardens, and onsite wastewater treatment and reuse. Decentralized systems also create a host of other benefits, including energy savings, improvements in air quality, creation of green spaces, restoration of streams, aquifers, wetlands, and habitat, and stimulus for new companies and jobs, according to the Decentralized Water Resources Collaborative.