APAC Market Statistics
Regionally, the global industrial wastewater treatment market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region. Asia Pacific is estimated to account for largest revenue share by 2036, on the back of increasing number of industries, including, the power generation, mining, food & beverage, pulp & paper, chemical, consumer electronic, and textile industries, which generate massive amount of wastewater that requires treatment. As per the data by the Global Water Forum, 42% of the deaths associated with unsafe supply of water, and sanitation, occur in the Asia-Pacific region. Moreover, growing government initiatives, along with rapid industrial development in the APAC region is estimated to boost the regional market growth.
North America Market Analysis
The industrial wastewater treatment market in the North America region is estimated to hold notable market share over the forecast period owing to increasing industrialization, along with higher awareness amongst the population of the developed nations, such as, Canada and the US. Along with this, the stringent government policies for the treatment of wastewater are another major factor estimated to boost the market growth.
Author Credits: Rajrani Baghel
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