Water and Wastewater Management in India 2023
Bharat Book Bureau Provides the Trending Market Research Report on“Water and Wastewater Management in India 2023”under Chemical & Material Market Research Report Category. The report offers a collection of superior Market research, Market analysis, competitive intelligence and Market reports.
Executive Summary
The Water And Wastewater Management Market size in India stood at INR 216.03 Bn in 2022. It is expected to reach INR 518.15 Bn in 2027, expanding at a compound annual growth rate (CAGR) of 15.95% during the 2023 – 2027 period. The Indian market for water and wastewater treatment is anticipated to expand as the nation sees an increase in private investments and the government's implementation of new business models to draw in remote market participants and hasten the industry's expansion.
Market drivers:
The growing regulations by the regional government to prevent pollution of naturally occurring water bodies and illegal wastewater discharge have boosted the market growth. To maintain a balance between the population and freshwater supply, wastewater treatment facilities are needed in large Indian cities where the urban population is constantly growing.
Market challenges:
The high cost of water treatment plants hinders the growth of the market. The cost of wastewater treatment facility is affected by effluent flow rates, water quality, purity, and construction materials. The demand and supply of chemicals and equipment have been negatively impacted by the increasing number of limitations imposed due to the epidemic around the world.
Impact of COVID-19:
The Central Pollution Control Board (CPCB) directed sewage water treatment plants to ensure that all Covid-19 precautions are taken for their employees to protect them from the SARS-CoV2 infection, as viruses found in sewage water may be a source of disease transmission. Domestic water use increased due to the COVID-19 epidemic, although non-domestic (industrial, institutional, and commercial) water use declined.
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