Report ID: SQMIG15A2426
Report ID:
SQMIG15A2426 |
Region:
Global |
Published Date: February, 2024
Pages:
157
|
Tables:
98 |
Figures:
71
Water Clarifiers Market size was valued at USD 7.81 Billion in 2023 and is poised to grow from USD 8.34 Billion in 2024 to USD 14.12 Billion by 2032, growing at a CAGR of 6.8% during the forecast period (2025-2032).
Rapid urbanization in major countries of the world has led to a dramatic increase in the amount of waste generated from municipalities and this has led government officials to set up wastewater treatment plants to ensure safe disposal in wastewater. Increasing use of solvents in many waterfront plants and subsequent rise in the number of water treatment plants across the globe is undoubtedly driving their market.
A major factor driving the growth of water purification systems in the market is increasing urbanization across the globe. This has led to a renewed demand for water, energy and other manufactured resources. To meet these demands, energy producers ramped up production, and the government invested heavily in wastewater treatment. Increased energy efficiency has led to the construction of new power plants thus helping in the commercialization of water treatment as wastewater treatment remains an important part of any power plant, construction industry, and urban wastewater treatment plant.
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Report ID: SQMIG15A2426