Market Segmentation
The growing population coupled with the construction of new housing developments and an increasing number of users being connected to centralized wastewater treatment systems is expected to drive the demand for secondary wastewater treatment equipment in the coming years. Wastewater treatment plants and facilities reduce the toxins present in wastewater, which cause harm to the environment and public health. Wastewater treatment and removal are critical processes in this regard. The U.S. EPA reports that between 23,000 and 75,000 sanitary sewers overflow annually in the country. It is estimated that around 532 new treatment facilities need to be constructed to meet the growing demand for wastewater treatment.
Improper disposal of industrial & residential waste or sewage leads to pollution, environmental toxicity & degradation, and soil contamination. Strong odor, unsightliness, and other hazards associated with waste have made it crucial to develop appropriate processing and treatment facilities for waste. They also provide breeding grounds for insects and pests which leads to the spread of diseases. Industrial chemical waste poses serious threats, such as potential radiation risks or potential biological organisms, which are likely to result in epidemic breakouts.
Hence, liquid waste treatment aims to render these effluents safe for disposal in the environment. These effluents are, thus, thoroughly processed and inspected to identify their compatibility with standard seawater or other ecosystems where they find a final resting place. Due to the lack of necessary infrastructure, burgeoning population levels, rural development, and climate change, adequate liquid waste management systems pose a major socio-economic challenge to developing countries. Intensive agricultural activities and the increased demand for resources in expanding industrial or manufacturing sector have also limited the number of available funds for appropriate liquid waste management in the emerging countries.
The quality of pollutants or contaminants in the liquid effluents, and local maximum limits permitting average monthly discharge, and the amount of water required for processing effluents per day and the speed of processing are major factors contributing to the high equipment costs for liquid waste management systems or technologies. A key factor determining these costs is also linked to the equipment that comprises the actual makeup of the liquid waste management system. These costs tend to increase in correspondence to the number of food particles, oils, and greases present in the liquid waste matter. The presence of toxic or hazardous materials and chemicals, or even metals, is anticipated to augment the cost of segregation, processing, and treatment as these require careful handling and disposal or recycling.
This section will provide insights into the contents included in this U.S. liquid waste management market report and help gain clarity on the structure of the report to assist readers in navigating smoothly.
Industry overview
Industry trends
Market drivers and restraints
Market size
Growth prospects
Porter’s analysis
PESTEL analysis
Key market opportunities prioritized
Competitive landscape
Company overview
Financial performance
Product benchmarking
Latest strategic developments
Market size, estimates, and forecast from 2018 to 2030
Market estimates and forecast for product segments up to 2030
Regional market size and forecast for product segments up to 2030
Market estimates and forecast for application segments up to 2030
Regional market size and forecast for application segments up to 2030
Company financial performance