FOR IMMEDIATE RELEASE
Pressnews.biz (Press Release) Mar 24, 2014
-- Asia Pacific wastewater treatment and management industry, in view of alarming water pollution and use of novel technologies for treating wastewater, generated revenues worth USD ~ million in 2013, growing from revenues of USD 101,478.6 million in 2007. The global recession did not have a significant influence on the market and the market inclined in 2008 and 2009.
The market will also observe a number of joint ventures and partnerships between the foreign and domestic players. Asia Pacific accounts more than 60.0% of the world population and is a promising market with great potential. The Asian economy is likely to get hit again by the Asian currency crisis given the mounting pressure on their currencies of the countries in the region especially in India. This anticipated crisis will further devalue the currency and making the investments into the economy relatively less promising.
On account of such changes regarding the private investment in wastewater facilities, the market showcased the CAGR of 1.9% during the years 2007-2013. Wastewater treatment services turnover was USD 86,105.9 million in 2008. The market observed highest growth of 3.1% in the year 2009 wherein the revenues reached USD 88,790.1 million.
The treatment rates in Japan have been the same during the last five years. The market size of the industry in Japan on the basis of wastewater treated was 68.8 billion tons in 2007 which reached to 69.8 billion tons in 2008. The treatment amount of wastewater generated in Japan has grown with a decent CAGR during the years 2007-2013.
The wastewater treatment market is expected to observe sluggish growth in the near future, as present municipal and onsite sewage treatment covers more than 90.0% of the total 1800 municipalities, with less and almost no scope for further coverage. The market has been witnessing slow growth and the trend is expected to prolong in the coming years. Moreover, the insufficient investment by government and less foreign investment will further contribute to the sluggish growth over the span of next two years (2014-2016). The companies operating in the domestic wastewater treatment are expected to shift focus to industrial wastewater treatment wherein the need for effectual wastewater technologies is becoming crucial due to increasing toxic levels of wastewater.
The revenues from treating industrial wastewater in Japan have grown steadily from revenues of USD 46,368.4 million in 2007. Due to emission of high radioactive particles from the Fukushima Dai-ichi, there has been an alarming need for industrial wastewater in plants as well as the surrounding industries. The year 2009 witnessed highest growth of 5.0% wherein the revenues increased to USD 50,166.4 million in 2009.
The market for wastewater treatment equipments in China have substantially increased from revenues of USD 3,507.0 million in 2007. The market has registered an elevated CAGR during 2007-2013. Finding cost-effective treatment system capable of meeting the new effluent criteria is a meticulous challenge in numerous Chinese municipalities. System costs and availability of land are the major factors influencing the decision of setting up plants and equipments.
The report “Asia Pacific Wastewater Treatment and Management Industry Outlook to 2018” provides detailed overview on the Wastewater Treatment and Management Industry in Asia, India, China, Japan and Philippines and helps readers to identify the ongoing trends in the industry and anticipated growth in future depending upon changing industry dynamics in coming years. The report will help industry consultants, water and wastewater companies, equipment manufacturers, distributors and other stakeholders to align their market centric strategies according to ongoing and expected trends in future.
Contact Person: Ankur Gupta
E-mail: [email protected]