Hyderabad, Aug. 03, 2023 (GLOBE NEWSWIRE) -- According to a new market research report titled "Agricultural Wastewater Treatment Market Report (2023-2028)," the market is estimated at USD 2.40 billion in 2023. It is expected to register a CAGR of 4.75% during the forecast period.
Agricultural wastewater treatment is a program that involves the management of farms. The purpose of the program is to control pollution caused by confined animal operations and surface runoff, which might be contaminated by chemicals present in fertilizers, irrigation water, pesticides and crop residues.
Report Summary:
| Report Attribute | Details |
| Market Size (2023) | USD 2.40 billion |
| Market Size (2028) | USD 3.02 billion |
| CAGR (2023-2028) | 4.75% |
| Study Period | 2018-2028 |
| Fastest Growing Market | Asia-Pacific |
| Largest Market | Asia-Pacific |
| Forecast Units | Value (USD billion) |
| Report Scope | Market Dynamics, Revenue Forecast and Segmentation, Competitive Landscape, and Recent Developments, Market Growth, Future Opportunities, and Trends |
| Key Market Drivers | Rapid decrease in freshwater resources. |
| Rise in investments in water treatment technologies. |
Who are the Top Companies in the Global Agricultural Wastewater Treatment Market?
The agricultural wastewater treatment market is hugely fragmented in nature, with a presence of mainly multinational players.
The most notable players in the global agricultural wastewater treatment market are,
- AECOM
- Aquatech International LLC
- BASF SE
- DuPont
- Evoqua Water Technologies LLC
- IDE
- Jacobs
- Lindsay Corporation
- Louis Berger International
- Nouryon
- Organo Corporation
- OriginClear
- SUEZ
- Veolia
Other Reports That Might Be of Your Interest:
- Europe Water Treatment Chemicals Market Report - The European water treatment chemicals market is expected to register a CAGR of more than 4.00% during the forecast period (2023-2028).
- Cooling Water Treatment Chemicals Market Report - The cooling water treatment chemicals market is expected to register a CAGR of more than 6.00% during the forecast period (2023-2028).
Key Highlights from the Global Agricultural Wastewater Treatment Market Report:
The Non-crop Segment is Expected to Dominate the Market
- Non-crop application is the most practiced application of wastewater treatment all around the world. The segment includes dairy farms, feed, and poultry, the protection of which through wastewater treatment is increasing at a steady rate.
- Asia-Pacific is currently the second most active region as far as poultry-based processed food is concerned. As per new product development (NPD), 24% of the total amount of processed poultry, meat, and fish product innovations take place in this region.
China is Predicted to Dominate the Asia-Pacific Market
- In recent years, the population of China has increased at a staggering rate, and most of those people now live in cities. With the government of China promoting economic growth and urbanization, demand for wastewater treatment is bound to increase.
- As per the reports of the Observatory of Economic Complexity (OEC), in March 2023, exports of poultry meat from China amounted to a whopping USD 63 million, while the imports amounted to around 410 million.
What are the Latest Developments in the Global Agricultural Wastewater Treatment Market?
- In September 2022, Lanxess invested USD 12.65 million to commission a new wastewater treatment plant at its Belgium Antwerp/Kallo site. It had a treatment capacity of around 260,000 liters of wastewater per hour.
- In June 2022, AECOM completed the design of its new North Shore wastewater treatment plant. The main purpose of the plant was to address environmental sustainability and wastewater management.
Mordor Intelligence has Segmented the Global Agricultural Wastewater Treatment Market Based on Technology, Pollutant Source, Application, and Geography:
- By Technology (Market Size and Forecast based on Value (USD billion), 2018-2028)
- Physical Solutions
- Chemical Solutions
- Biological Solutions
- By Pollutant Source (Market Size and Forecast based on Value (USD billion), 2018-2028)
- Point Source
- Nonpoint Source
- By Application (Market Size and Forecast based on Value (USD billion), 2018-2028)
- Crop
- Non-Crop
- By Geography (Market Size and Forecast based on Value (USD billion), 2018-2028)
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
- North America
- United States
- Canada
- Mexico
- Europe
- Germany
- United Kingdom
- France
- Italy
- Rest of Europe
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of Middle East & Africa
- Asia-Pacific
In a nutshell, the Mordor Intelligence market research report is a must-read for start-ups, industry players, investors, researchers, consultants, business strategists, and all those who are looking to understand this industry. Get a glance at the Agricultural Wastewater Treatment Market Report (2023-2028).
Mordor Intelligence constantly tracks industry trends. Some relevant market reports from the analysts that might be of interest to you:
- China Water Treatment Chemicals Market Report - The Chinese water treatment chemicals market is expected to register a CAGR of more than 7.00% during the forecast period (2023-2028).
- India Water Treatment Chemicals Market Report - The Indian water treatment chemicals market is expected to register a CAGR of more than 9.00% during the forecast period (2023-2028).
- Ballast Water Treatment Market Report - The ballast water treatment market is expected to register a CAGR of more than 32.00% during the forecast period (2023-2028).
About Mordor Intelligence:
Mordor Intelligence is a market intelligence and advisory firm. At Mordor Intelligence, we believe in predicting butterfly effects that have the potential to change or significantly impact market dynamics.
Our market research reports are comprehensive and provide exclusive data, facts and figures, trends, and the competitive landscape of the industry.
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