Usage of large quantities of water in various industries results in a huge amount of wastewater. As per government regulation, wastewater should be treated before discharging it into water streams. Stringent environmental regulations coupled with increased quantity of wastewater is driving the global effluent treatment plants market during the forecast period.
The United States Environmental Protection Agency (EPA) defines effluent as waste water that flows out of an industrial outlet, treatment plant and sewer that is discharged into surface water source. Effluent can either be treated or untreated. Every type of industry uses water as a main component. Water is used for various purposes in an industry such as for dilution, washing, steam condensing and injection. The water used for different processes is not totally consumed by them. The remaining water that is not consumed may contain harmful chemical and particles. This water needs to be treated before reusing it or discharging it into the surface water. Significantly high amount of water is used by various industries across the globe. If the processed water or unused water is not treated before discharged then it will pollute the environment. The local water resources will get polluted and there will be scarcity of water for drinking or any other use. To treat such huge amount of water, every industry requires an effluent treatment plant.
There are three main category of wastewater treatment plant; sewage water treatment for domestic wastewater, effluent treatment plant and common effluent treatment plans for industrial wastewater. The effluent treatment plant are set up by industries such as pharmaceuticaland chemicalcompanies to remove toxin material from the waste water. In developing countries, government help small scale industries to set up common effluent treatment plants (CETP). These CETPs serve to cluster of industries treating their waste together to remove toxins. This forms an inexpensive option by reducing the investment on individual treatment plant and the space needed. Common effluent treatment plant are usually aided by the state ministries and formed in the special economic zones having similar types of industries. Effluent treatment plant employ wastewater treatment techniques such as flocculation, disinfection, adsorption, evaporation, centrifuging, filtration and incineration.
The global effluents treatment plants market can be segmented on the basis of end user industry into oil and gas, power, chemical, paper, leather and others. In oil and gas industry, water is used for various purposes such as heat transfer medium, hydraulic fracturing, etc.Wastewater produced from every industry has distinct characteristics. Waste water produced from food operations is biodegradable and nontoxic. Whereas the wastewater produced from a chemical plant may be toxic and non-biodegradable. Hence the equipment or the technologies used for effluent treatments may vary according to the characteristics of harmful elements that are present in it. In oil and gas industry, increasing use of water in hydraulic fracturing for shale gas production provides a great opportunity for effluent treatment plants. The water produced after hydraulic fracturing contains chemical and needs to be treated before reusing or discharging. Shale gas production will increase significantly during the forecast period creating a demand for effluent treatment plants market.Stringent government regulations do not allow the discharge of wastewater before treatment. This has increased the demand of effluent water treatment plants across the globe. North America is expected to dominate the global effluent treatment plant market with huge amount of shale gas production projects and various other chemical, food industries that require water.
Some of the key players in the effluent treatment plants market include Nalco, ETP Services Limited, WOG Group, Tirubala Tri Environment Pvt. Ltd., Jet Inc., Toro Equipment, WPL Limited, Gulf Industrial Services Company LLC, AECOM Gee & Co Limited, ADI Systems Inc. and Biwater among others.
This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.
Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:
- Customer Experience Maps
- Insights and Tools based on data-driven research
- Actionable Results to meet all the business priorities
- Strategic Frameworks to boost the growth journey
The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.
The following regional segments are covered comprehensively:
- North America
- Asia Pacific
- Latin America
- The Middle East and Africa
The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.
Below is a snapshot of these quadrants.
1. Customer Experience Map
The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.
2. Insights and Tools
The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.
3. Actionable Results
The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.
4. Strategic Frameworks
The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.
The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:
1. What can be the best investment choices for venturing into new product and service lines?
2. What value propositions should businesses aim at while making new research and development funding?
3. Which regulations will be most helpful for stakeholders to boost their supply chain network?
4. Which regions might see the demand maturing in certain segments in near future?
5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?
6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?
7. Which government regulations might challenge the status of key regional markets?
8. How will the emerging political and economic scenario affect opportunities in key growth areas?
9. What are some of the value-grab opportunities in various segments?
10. What will be the barrier to entry for new players in the market?
Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.